COA Flags MMDA for Uninsured P9.22-B Assets
The Commission on Audit (COA) has flagged the Metropolitan Manila Development Authority (MMDA) for failing to insure over P9.22 billion in assets, a violation of law that exposes the government to financial risks.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- ITCZ, Northeasterly Winds to Bring Clouds, Rains Over Parts of PH
The intertropical convergence zone (ITCZ) and northeasterly wind flow are expected to bring cloudy skies and rains to parts of the Philippines on Thursday, according to the state weather bureau. Northern Luzon and parts of the Visayas are particularly anticipated to be affected.
- Marcos in Singapore to woo investors, discuss regional issues
President Ferdinand Marcos Jr. visited Singapore to promote investment opportunities in the Philippines and discuss regional issues. He particularly sought to attract investments in digital technology, AI, and advanced manufacturing, while also addressing energy security.
- Globe Network Achieves Strongest Performance in August, DICT Report Reveals
Globe achieved its strongest network performance of the year in August, with average download speeds reaching 45.9 Mbps, according to the latest report from the Department of Information and Communications Technology (DICT). This marks a significant improvement attributed to the company's ongoing infrastructure investments and government collaborations.
- DICT Chief Aguda Denies Resignation Amid Reports
Philippine Information and Communications Technology Secretary Henry Aguda denied reports of his resignation, stating he remains focused on his duties. Speculation arose following his temporary ban on Discord last week and its subsequent retraction.