MANILA, Philippines — The Asian Development Bank (ADB) said a corruption scandal involving flood control projects would not deter it from financing work in the Philippines, noting that the institution maintains “close oversight” of its investments.
“You know, we’re always cautious about all our projects,” Andrew Jeffries, the bank’s country director for the Philippines, told reporters.
https://business.inquirer.net/549219/adb-work-in-ph-to-continue
MANILA, Philippines — The Securities and Exchange Commission (SEC) has warned against investing in C’preneur Perfume Trading, which is allegedly enticing the public to participate in unauthorized investment schemes. In a Sept. 16 advisory, the commission said C’preneur was supposedly offering investment packages worth P2,500 to as much as P100,000. READ: SEC files criminal complaints
CABUYAO, Laguna—Miguel Tabuena will lead a motley crew of Filipinos seeking the biggest ever cash prize to be won on a golf course when the International Series (IS) makes its first-ever Philippine stop at gorgeous Sta. Elena next month. A total of seven home bets will be part of the big field that will be
MANILA, Philippines — The government’s budget deficit widened to a two-month high in August, as revenues fell more sharply than expenditures, which slid to their lowest level in six months. The Marcos administration incurred a fiscal shortfall of P84.8 billion, 56 percent bigger compared with the level a year ago, the Bureau of the Treasury