MARCOS PUSHES REFORMS TO FIX FLOOD CONTROL SYSTEM GAPS

President Ferdinand R. Marcos Jr. is addressing long-standing gaps in the country’s flood control system through new and improved infrastructure projects, Malacañang said Thursday. Palace official Claire Castro said investigations uncovered alleged ghost flood control projects under both current and previous administrations.

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28 WITNESSES TAPPED TO TESTIFY IN ROMUALDEZ INQUIRY

The Office of the Ombudsman said it still has 28 witnesses who can provide information linking former Speaker Martin Romualdez to the alleged flood control scandal despite Orly Guteza’s recantation. The Ombudsman

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BSP unwinds relief measure for banks

BIG BANKS would no longer be allowed to use loans to micro, small and medium enterprises (MSMEs) and large companies as alternative compliance with the reserve requirements (RR) starting July 1, the Bangko Sentral ng Pilipinas (BSP) said

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