Windows26: 3rd petition sees ‘plunder’ in PhilHealth fund transfer

October 17, 2024

Hi, reader! Today, we're covering a new Supreme Court petition against the PhilHealth fund transfer, a P1.3-billion cut in the OVP budget, and ABS-CBN's latest layoffs amid financial struggles.

3rd petition sees 'plunder' in PhilHealth fund transfer

Finance Secretary Ralph Recto has committed "technical malversation and/or plunder" for ordering the transfer of P89.9 billion in excess funds of the Philippine Health Insurance Corp. (PhilHealth) to government coffers, according to a third case filed at the Supreme Court on Wednesday to question the controversial move.

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DENR confirms Chinese presence in illegal mining

The Department of Environment and Natural Resources (DENR) is building a case against people behind the illegal mining operations in Camarines Norte province which are said to have been run by Chinese nationals posing as tourists.

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'Alarming': P460B lost to scams in PH, says study

Filipinos lost $8.1 billion, or nearly P460 billion, in the past 12 months mostly due to text messaging scams that offered too-good-to-be-true deals, according to a report by Global Anti-Scam Alliance (Gasa).

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House finalizes P1.3-B cut in 2025 OVP budget

The House of Representatives has made good on its promise to reduce Vice President Sara Duterte's proposed P2.03-billion budget for next year by P1.3 billion—an amount that has been realigned to the Department of Social Welfare and Development (DSWD) and the Department of Health (DOH).

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ABS-CBN lays off 100 more as ad revenues continue drop

The Lopez family-led ABS-CBN Corp., which has yet to erase its balance sheet losses, has retrenched another batch of employees amid financial struggles due to declining ad revenues.

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EDITORIAL: Celebrating a new Cardinal

In the dark years of the Duterte administration's brutal drug war, Bishop Pablo Virgilio David's was the courageous voice denouncing the killings of suspected drug users in questionable police operations, while providing refuge and comfort for the shattered families left behind.

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