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Pope Francis creates new Vatican finance ministry

Pope Francis.  AP FILE PHOTO

Pope Francis on Monday created a new finance ministry to oversee the Holy See’s economic affairs in a move aimed at increasing transparency and boosting funds for the poor following a wave of scandals at the Vatican bank.

Posted: February 24th, 2014 in Latest News Stories,World | Read More »

3 Cabinet members face raps over Malampaya funds

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(From left) Florencio Abad, Cesar Purisima and Rosalia de Leon: Facing graft and malversation charges. INQUIRER FILE PHOTOS

Three members of President Aquino’s economic team are facing graft and malversation charges before the Ombudsman for allegedly failing to account for P136 billion worth of royalties from the Malampaya natural gas project.

Posted: January 29th, 2014 in Latest News Stories,Nation | Read More »

Pope wants closer look at Vatican’s finance reform

Pope Francis. AP FILE PHOTO

Pope Francis is trying to get a better handle on the reform of the troubled Vatican bank and the Holy See’s finances, naming his top assistant to look into the work of two commissions of inquiry he set up this year.

Posted: November 28th, 2013 in Latest News Stories,World | Read More »

Mayor Estrada: P235M, not P1.5B, left in city coffers

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“[The] document is the best evidence,” Manila Mayor Joseph Estrada said the Monday as he belied a former city official’s claim that the previous administration had left P1.5 billion in the city’s coffers.

Posted: August 14th, 2013 in Headlines,Metro | Read More »

Flow of pork funds

Documents provided by the whistle-blowers showed the lawmakers listed in the table below had their PDAF liquidated by JLN through the bogus NGOs.

Posted: July 15th, 2013 in Editors' Picks,Headlines,Nation | Read More »

PCGG shuts down firm funded by coconut levy

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One of the sequestered coco levy-funded companies has been shut down due to financial hemorrhage caused by mismanagement by Arroyo-appointed caretakers, the Presidential Commission on Good Government (PCGG) said on Monday.

Posted: June 11th, 2013 in Editors' Picks,Headlines,Nation | Read More »

Singapore denies being haven for Malaysian tax cheats

AFP

Singapore on Friday strongly rejected a whistleblower’s allegation that its banks facilitate massive tax evasion by a powerful family in neighboring Malaysia’s Sarawak state.

Posted: March 22nd, 2013 in Latest News Stories,World | Read More »

Regular pre-election expense reporting a ‘big burden’ for Comelec

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Comelec Chairman Sixto Brillantes Jr.: Richard Gordon’s petition moot and academic.  INQUIRER FILE PHOTO

Requiring candidates to submit regular pre-election expenses would be a “big burden” for the Commission on Elections (Comelec), its chairman, Sixto Brillantes Jr., said Friday.

Posted: March 15th, 2013 in Latest News Stories,Nation | Read More »

Indonesia passes anti-terrorism funding bill

Indonesia’s Parliament has passed a bill aimed at cracking down on terrorism by freezing suspicious financial transactions domestically and abroad.

Posted: February 12th, 2013 in Latest News Stories,World | Read More »

Poverty reduction plans now required of LGUs seeking financial aid

By
DILG_Seal

Local government units would not be able to access or receive financial assistance in 2014 for their proposed projects to national agencies if they fail to submit an action plan on poverty reduction, an official of the National Anti-Poverty Commission said here on Friday.

Posted: January 5th, 2013 in Latest News Stories,Nation | Read More »

White House, Republicans seal deal on fiscal cliff crisis

Vice President Joe Biden, center, with Majority Leader Harry Reid of Nevada, and Majority Whip Dick Durbin of Illinois, head to a Senate Democratic caucus meeting about the fiscal cliff, on Capitol Hill Monday, Dec. 31, 2012 in Washington. (AP Photo/Alex Brandon)

The White House and top Republicans struck a deal late Monday to avert huge New Year tax hikes and spending cuts known as the “fiscal cliff” that had threatened to send the US economy into recession.

Posted: January 1st, 2013 in Latest News Stories,World | Read More »

Philippines faces money-laundering blacklist

Senate Session Hall   INQUIRER FILE PHOTO

The Philippines may face international financial sanctions after the Senate failed on Wednesday to pass a bill aimed at stopping terrorist funding.

Posted: June 6th, 2012 in Latest News Stories,Nation | Read More »

Ilocanos told being stingy holds promise

PHILIPPINES-ADB-ASIA-ECONOMY-CRISIS

A top official of the Bangko Sentral ng Pilipinas (BSP) said Ilocanos, who are widely known as stingy, could make a fortune by capitalizing on their propensity to save.

Posted: May 17th, 2012 in Headlines,Regions | Read More »

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  2. Enrile chief aide back in PH ‘to face charges’
  3. In the know: Gigi Reyes
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  5. Senator Pimentel backs German think tank’s stand vs dynasties
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  6. Fr. Suarez says last Mass on Easter before returning donated land to San Miguel
  7. Enrile chief aide back in PH ‘to face charges’
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  2. MRT passengers pass the hat for 6-year-old Ashley
  3. Rookie, lady cops lauded for quick response to MOA heist
  4. Malaysia averts another air tragedy; pilot lands troubled plane safely
  5. Revilla says he was joking; Lacson stands by his story
  6. Revilla ‘consulted’ Lacson on how he evaded arrest
  7. Police rule out foul play in Helena Belmonte’s death as boyfriend is ‘traumatized’
  8. Cudia, dismissed for lying, got 99% in conduct
  9. Model Helena Belmonte wished ‘to slash her wrist and hope to die’
  10. Hammer-wielding robbers cause chaos at Philippines’ Mall of Asia

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  • Entertainment

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  • Global Nation

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