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Published May 2, 2021, 9:10 PM The Philippine Heart Center’s (PHC) claims filed in 2020 totaling P71.17 million have been denied by the Philippine Health Insurance Corporation (PhilHealth) due to government hospital’s purported failure to comply with the provisions of the Revised Implementing Rules and Regulations (IRR) of RA 7875 or the National Health Insurance Act, and relevant PhilHealth circulars. Commission on Audit This was bared by the state auditors in the 2020 audit of the PHC released on Wednesday, April 28. The Commission on Audit (COA) noted that the denied and return to hos...

Philippine Charity Sweepstakes Office (PCSO) (MANILA BULLETIN FILE PHOTO) In a joint congressional hearing on reported illegal STL operations in various parts of the country, Garma showed softening in her defense of STL operations, particularly that of the Sahara Games that has been the object of numerous complaints from political leaders in Isabela. Apparently vowing to pressure from lawmakers, Garma  said complaints against Sahara Games will be investigated, saying that PCSO’s recommendations will be made known within ten days, instead of 30 days as she previously declared. Prior to con...

Published February 19, 2021, 5:00 AM Three companies were officially blacklisted from participating in any government-funded projects in the Philippines for failure to deliver their contractual obligations with the National Irrigation Administration (NIA). A NIA statement identified the three project contractors, namely — the consortium of ITP Construction, Inc. and Guangxi Hydroelectric Construction Bureau Co., Ltd., MAC Builders, and Premium Megastructures, Inc. National Irrigation Administration (MANILA BULLETIN) Subsequently, aggregate performance security of the contractors amounting t...

Published February 18, 2021, 6:00 AM The Securities and Exchange Commission (SEC) has approved the P14.71 billion initial public offering (IPO) of DoubleDragon Properties Corporation’s real estate investment trust (REIT). The SEC En Banc resolved to render effective the registration statement of DDMP REIT, Inc. for 17.83 billion common shares for listing on the Main Board of the Philippine Stock Exchange (PSE), subject to the company’s compliance with the remaining requirements. Of the total issued and outstanding shares, DDMP will offer to the public up to 5.94 billion common shares curr...

The Office of the Ombudsman has dismissed the graft complaint against former Department of Transportation (DOTr) secretary Joseph Emilio Abaya and 16 others over the anomalous ₱4.2-billion MRT3 maintenance contract.