5 Engineers Suspended Over P188.9M Bulacan Flood Control Projects
Business

5 Engineers Suspended Over P188.9M Bulacan Flood Control Projects

Five engineers from the Department of Public Works and Highways-Bulacan have been suspended for six months over alleged anomalies in flood control projects worth P188.9 million, with investigators citing falsified documents regarding compliance with contractual and legal requirements.

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.

  • Philippines Eyes Strategic Petroleum Reserves Partnership with Abu Dhabi Firm

    The Philippines is exploring a potential strategic petroleum reserves (SPR) partnership with the Abu Dhabi National Oil Company (ADNOC) to mitigate the nation's vulnerability to global oil supply disruptions. Senate Energy Committee Chairperson Sen. Erwin Tulfo announced consultations following an on-site observation at ADNOC headquarters.

  • Philex Mining Posts 56% Core Profit Jump on High Metal Prices

    Philex Mining Corp. reported a 56% year-on-year surge in core earnings to P537 million in the third quarter, driven by elevated gold and copper prices that offset a decline in production volume.

  • EastWest Bank's 9-Month Profit Dips 24% to P5 Billion

    East West Banking Corp. reported a 24.2% year-on-year drop in net income to P5 billion for the first nine months of 2026, primarily due to heightened credit risks. The Gotianun family-led bank set aside P15.9 billion for expected credit losses, despite otherwise strong operations.

  • PCC Fines MVP-Linked Firms P5.8M for Late Merger Reports

    The Philippine Competition Commission (PCC) has fined two companies linked to tycoon Manuel V. Pangilinan a total of P5.8 million for repeated delays in submitting merger reports, underscoring the importance of transparency and timeliness in corporate consolidation reviews.