[Vantage Point] DBP’s bad loans: The failures behind the billions
The Commission on Audit has uncovered serious deficiencies in state-owned DBP’s lending practices, credit safeguards, and recovery procedures
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[Vantage Point] JAZA’s painful question: Why aren’t we winning?
The numbers explain why I found Jaime Zobel de Ayala’s speech before the Makati Business Club more unsettling than inspirational
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‘Ti, ano kung Benitez ka?’: Bacolod allies nearly come to blows over city’s debts
A dispute over the city government’s debts erupted into a shouting match, with both Bacolod Representative Albee Benitez and a city councilor taking turns in slamming the table as other officials and guests looked on
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[Kasalikasan] A visit to the homes at Smokey Mountain
‘At Smokey Mountain, despite its past and ongoing threat of relocation, people have made farms and communities’
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How DBP botched Duterte-era contractor loans: lax checks, billions overdue
Meant to support the former president’s Build, Build, Build drive, DBP’s ICONS program instead left the bank with P4.09 billion in overdue contractor loans
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Billions on paper: How much of Luzon Corridor’s $20-B pipeline will become real?
Rappler worked with an independent research analyst to see how much of the Luzon Economic Corridor pipeline is actually moving from pitch to pavement, and found that most of it is still in the planning stage
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Bacolod’s P300M TIEZA projects face scrutiny over delays, defects at cultural landmarks
The controversial TIEZA projects – a P220-million fountain rehabilitation and P80-million public plaza redevelopment – were supposed to be completed last August, ahead of MassKara Festival
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[Vantage Point] The road to plenty: Four titans and the battle for the Santa Rosa peso
Four of the country’s most powerful corporate dynasties—Ayala, SM, Villar, and Gokongwei—are converging on a single corridor to fight over household wallets in a growth area in Laguna
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COA flags ghost, incomplete school projects in Davao del Norte
In Talaingod, Davao del Norte, state auditors flag a ghost school building at Kamingawan Elementary School, and undelivered project inclusions at Dulyan Integrated School
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High-tech dreams, low-tech reality of the Luzon Economic Corridor
Despite all the high-tech rhetoric, only 0.1% of the Luzon Corridor’s projects is in advanced manufacturing and 1% in digital connectivity
