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Zubiri pushes passage of PUV Modernization Loan Fund bill

Senate Majority Leader Juan Miguel Zubiri on Saturday, Oct. 30 outlined legislative plans for the transport cooperative sector at the 1st Mindanao Transport Cooperative Congress, putting particular emphasis on cutting down red tape for loans and setting up a modernization loan fund for transport coo
Senate Majority Leader Juan Miguel Zubiri On Modernization Program Congressional Oversight Committee On Cooperatives Red Tape Authority Mindanao Transport Cooperative Congress Public Utility Vehicle Modernization Program Act
Source: mb.com.ph

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AFP boosts air defense with Mistral 3 surface-to-air missile

SURFACE-TO-AIR MISSILE. A CGI of the MBDA Simbad-RC firing a Mistral surface-to-air missile (SAM). The Mistral 3 is the first-ever SAM procured by the Armed Forces of the Philippines. (Photo courtesy of MBDA) MANILA - The Armed Forces of the Philippines (AFP), particularly the Navy, gets a huge boost to defend against aerial threats with the delivery of the Mistral 3 surface-to-air missiles (SAMs) of its two new frigates last October 8. AFP spokesperson, Army Col. Ramon Zagala, said Sunday night...
Subic Bay Jose Rizal Antonio Luna South Korea South Korean Ramon Zagala

5 of 20 flagged bank accounts used for essential purposes: AFP

AFP spokesperson, Col. Ramon Zagala (File photo) MANILA - The Armed Forces of the Philippines (AFP) said it has closed 15 out of the 20 bank accounts reported as unauthorized by the Commission on Audit (COA) but it expressed hope that it will be allowed to retain the remaining five, saying these are needed for essential purposes. In a statement late Sunday, AFP spokesperson, Col. Ramon Zagala identified the retained bank accounts and the reason for doing so. "(First is) Account Number 00-14...
The Philippines Ramon Zagala Modernization Program Real Estate Office Land Bank United Coconut Planters Bank

Lacson bucks DND bid to convert ₱35-B AFP modernization budget as 'lump sum fund'

Senator Panfilo Lacson has questioned the proposal of the Department of National Defense (DND) to transfer some P35 billion from the budget of the Armed Forces of the Philippines (AFP) to an appropriation whose release will depend on the President. Senator Panfilo 'Ping' Lacson (Senate of the Phi
The Philippines Panfilo Lacson Delfin Lorenzana Armed Forces Of The Philippines Senate Finance Committee Modernization Program
Source: mb.com.ph

Armed Forces modernization program gets additional ₧8 billion

AS the country battles a health crisis, Congress increased the budget allocated for the  modernization project of the Armed Forces of the Philippines (AFP) next year to P8 billion. In a statement, Surigao del Sur Rep. Johnny T. Pimentel said the AFP Modernization Program is getting another P35 billion under…
Surigao Del Sur Camp Aguinaldo Quezon City Jose Rizal Antonio Luna South Korea

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