A four-day trade fair is showcasing the various products of agrarian reform beneficiaries (ARBs) from different parts of the country. The Agraryo Trade Fair organized by the Department of Agrarian Reform (DAR) which will run until October 20 at the DAR Central Office Grounds is part of the celebration of International Rural Women’s Day and
The administration of President Marcos is not neglecting the welfare of overworked and underpaid media workers and has, in fact, given priority focus on extending aid to financially challenged media people in this time of economic crisis, an official of the Department of Social Welfare and Development said.
MANILA - The Land Bank of the Philippines (Land Bank) has assured the public it will not tolerate fraudulent practices, as it launched an investigation on the alleged illegal profiteering of some bank insiders who act as "go-betweens" or "agents" in loan applications. The government-owned bank made the statement in response to House Resolution 2543 filed by ACT CIS party-list Rep. Rowena Nina Taduran seeking a congressional inquiry into the loan scheme where these agents promise the fast approval of a loan in exchange for a cut of 10 percent in the loan proceeds. "The Land Bank of the Philippines is conducting an investigation on the alleged loan scheme raised by the president of the American Boulevard Trading Corporation (American Boulevard)," Land Bank said in a statement on Wednesday. In her resolution, Taduran cited the case of American Boulevard president Alberto Ching who applied for an initial loan of PHP50 million. She said a significant part of th
ACT CIS party-list Rep. Rowena Nina Taduran. (File photo) MANILA A party-list lawmaker is seeking a congressional inquiry into the alleged illegal profiteering of some insiders of the Land Bank of the Philippines (LBP) who act as "go-betweens" or "agents" in loan applications. ACT CIS party-list Rep. Rowena Nina Taduran filed on March 30 House Resolution No. 2543, to conduct an investigation, in aid of legislation, into this scheme where these agents promise the fast-approval of a loan in exchange for a cut of 10 percent in the loan proceeds. Taduran said it is urgent for the House to look into this matter given the magnitude of the loan amounts involved, the involvement of a government-owned financial institution, and the possible effect it could have to erode the public's trust in the banking system. "Congress is duty-bound to protect the borrowing public as well as the entire banking system from nefarious practices of unscrupulous bank personnel,"
ACT-CIS party-list Rep. Rowena Nina Taduran (File photo) MANILA - ACT-CIS party-list Rep. Rowena Nina Taduran recently filed a resolution seeking a congressional investigation on the reported modus operandi of Pangasinan-based newsman Jaime Aquino which involved the filing of fake criminal complaints that has victimized several people including government officials. In House Resolution No. 2521, Taduran called on "the appropriate committee to investigate aid of legislation on the practice of filing false criminal complaints" pursuant to the letter dated March 7 from Undersecretary Jose Joel M. Sy Egco, Executive Director of the Presidential Task Force on Media Security (PTFoMS)" who exposed the criminal activities of Mr. Aquino. As stated in Taduran's resolution, "USec. Egco narrated that a certain Jaime Aquino, said to be the publisher of the Northern Star (supposedly a local newspaper) and former correspondent for The Manila Times, is involved in the filing of