Showing posts with label Philippines. Show all posts
Showing posts with label Philippines. Show all posts

Friday, February 11, 2011

Philippine Public Works Save P577M Through Public Bidding

Secretary Rogelio Singson of the Department of Public Works and Highways (DPWH), under the new Aquino administration in the Philippines, saves 577 million pesos for the country when it removed all negotiated contracts outstanding from the previous Arroyo government, and put the projects into public bidding instead. [Read more.]

Tuesday, September 14, 2010

Philippine GOCCs Has Huge Share of the National Debt

The Senate Development Budget Coordinating Committee took a dose of shock on 13 September 2010 when it learned that 43 percent of the Philippine national debt came from the Government Owned and Controlled Corporations. Known for their "very generous" pay and incentives, that could come as no surprise, after all. [See GOCCs/GFIs page for details.]