CORRUPTION IN HOUSING

 

RESULT of a crooked government housing system.  

This is how observers described the recent takeover by members of urban poor group Kadamay of government-funded housing projects in Bulacan.

The act was also a very loud testimony of how the prevailing corrupt system in the government housing program, has defeated the real purpose of why the National Housing Authority (NHA) was created.

 

6-M Housing Units Backlog

NHA was created by virtue of PD 757 on July 31, 1975 and was primarily mandated to providing decent and affordable housing to hundreds of thousands of marginalized and homeless Filipino families.…

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CORRUPT TRANSPORT SYSTEM

 

WE HAVE a very corrupt transport agency and system.  

Sen. Vicente Sotto III could not have described drivers roaming our streets better when he said that more than 50 percent of them are not only reckless but also stupid.

The reason? Those stupid drivers are products of a very corrupt and lax transport system which also explains why hundreds if not thousands of road deaths are happening every year in almost every area of the country.

Records obtained from Land Transportation Office indicate that there are currently at least 13 million licensed drivers in the country.  

 

Sad…

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ASEAN MEET FOCUSES ON SMEs

THE Philippines pushed for a better regulatory environment particularly for the small and medium enterprises in developing countries as it played host to the 3rd ASEAN-Organization for Economic Cooperation and Development meeting in Iloilo City recently.

Socioeconomic Planning Secretary Ernesto Pernia said the activity had allowed participants to gain a deeper understanding of the regulatory challenges faced by SMEs in the various global value chain (GVC) stages.

It also served as the platform for coming up with ASEAN regional principles on business registration while enabling an environment of simplified rules and regulations on business registration and licensing, entry and exit,…

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P7-B ROB?

Questionable P7-B Deal 

DISADVANTAGEOUS and onerous.

This is how consumer groups and transport stakeholders described the lopsided P 7 billion twin deals reportedly entered by the past Aquino government with the business conglomerates Ayala Land and Megawide Corporation, for the construction of Southwest Integrated Terminal in Parañaque City and the South Integrated Terminal in Taguig City.

Stating that big money has clearly taken over the wheels, advocacy group Road Users’ Protection Advocates (RUPA) is now asking Congress to dig deeper into the contract and make the past administration accountable if necessary.

“It’s clear that the deals entered by the government…

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BANKERS' BANKER

Search for Tetangco’s replacement heats up

PRESIDENT Rodrigo Duterte will surely have a hard time finding a replacement for Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. who is due to step down come July 2.

With Tetangco’s retirement fast approaching, serious contenders have evolved: two BSP insiders, a private banker, a former Cabinet member who also served BSP’s policy-making body, the Monetary Board, and even a former economist-president. 

Another possibility, not quite remote, is that Tetangco would be urged to stay for a third six-year term, though the BSP charter does not provide for it.

 

Four BSP…

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