By Rose de la Cruz A study of the Asian Development Bank said middle income countries MICs), both lower middle and upper middle, stay in their classification for 14 years and 28 years on average, respectively. But the Philippines has stayed as a lower middle income country category since 1987, or 37 years, which means it overstayed in the LMIC …
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By Rose de la Cruz Founded on February 14, 1995 under RA 7875 or the National Health Insurance Act (NHI), the law creating the Philippine Health Insurance Corp. promised to provide financial access to quality health care services through a social health insurance program. As such it was mandated to collect fees initially from members, and later expanded to all …
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Private contractors called the Senate for an immediate probe on reported bid-rigging at the National Irrigation Administration (NIA) after several government-accredited contractors were denied to purchase bid documents for the Malatgao River Irrigation System (RIS) Project in Region 4-B. Four AI construction firms, which previously participated in the bidding of government irrigation projects in the country, were denied to purchase bid …
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By Rose de la Cruz The University of the Philippines clarified that its recent “declaration of cooperation” with the Armed Forces of the Philippines is not violative of academic freedom but is consistent with the UP’s mandate as a premium institute of higher learning. In a press statement, UP president Angelo Jimenez asserted this to quell the uneasiness and concerns …
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By Rose de la Cruz Our leaders– past and present– get excited and avail of every Official Development Assistances (ODAs) offered by friendly governments to our country without even a well-defined project or program (including completed feasibility studies for them), even if such ODAs have stringent strings attached (including materials and consultants to be sourced from the ‘generous’ offerors). The …
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Turnover of Portable Chest X-Ray Machine for Olongapo City from the Embassy of Japan’s Grant Assistance for Grassroots Human Security Project (GGP) held in Olongapo City. (L-R) Fujifilm Philippines Inc. Vice President Mr. Takashi Miyako, City Health Officer Dr. Rodrick Bustamante, Embassy of Japan Second Secretary Ms. Tokiko Nishimura, Mayor Atty. Rolen C. Paulino Jr., CHSI Philippines Inc. Managing Director Dr. Carmina Aquino. and Ms. …
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By Rose de la Cruz The Supreme Court upheld the Manila Seedling Bank Foundation’s use of the property that had been given it by virtue of Proclamation 1670 issued by then President Ferdinand Edralin Marcos over 7 hectares of property owned by the National Housing Authority but which the QC government issued in 2003 a zoning ordinance reclassifying the property. …
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By Rose de la Cruz Had it not been for the Olympic golds won by the Philippines in France, legislators would continue to ignore funding sports, especially amateur sports competitions and athletes. In a statement, Rep. Bernadette Herrera suggested that the Philippine Sports Commission budget for amateur sports should be higher at least P2 billion, while the Paris Olympic euphoria …
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SM Foundation has acquired another mobile clinic to boost its medical and dental missions and assistance to its Operation: Tulong Express response program during calamities. The new mobile clinic brings the number of mobile clinics at the disposal of SM Foundation for its corporate social responsibility programs to six (6). The new mobile clinic has added features like the canopy …
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How do you snack right? Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world with 2023 net revenues of approximately $36 billion, MDLZ is leading the future of snacking with iconic global and local brands such as OREO, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids …
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The Market Monitor Minding the Nation's Business