funding - updates

Rappler's latest stories on funding

ARTICLE FINDER

Pag-IBIG 'illegally' increased salaries in 2018 by P248 million – COA

Jun 19, 2019 - 6:14 PM

Auditors want a refund of the excess salaries

Drilon calls for special audit of PhilHealth funds

Jun 08, 2019 - 3:26 PM

Senate Minority Leader Franklin Drilon also says the Senate minority bloc will file a resolution seeking an investigation into the alleged payment of PhilHealth funds for 'ghost' kidney treatments

SENATE MINORITY LEADER. Senate Minority Leader Senator Franklin Drilon wants an investigation into the alleged anomalies in PhilHealth. File photo by Angie de Silva/Rappler

How to transfer funds via QR codes on BPI

Jun 08, 2019 - 12:35 PM

Transferring via QR codes is currently the only free option users have when transferring to an unenrolled account

IMF upgrades U.S. growth forecast but warns of rising risks

Jun 06, 2019 - 10:35 PM

The International Monetary Fund expects the United States economy to grow by 2.6% in 2019, but says the country must quickly resolve its trade war with China

Chinese shipping containers are stored beside a US flag after they were unloaded at the Port of Los Angeles in Long Beach, California on May 14, 2019. - Global markets remain on red alert over a trade war between the two superpowers China and the US, that most observers warn could shatter global economic growth, and hurt demand for commodities like oil. (Photo by Mark RALSTON / AFP)

IMF's Lagarde: Resolving trade tensions 'immediate priority' for G20

Jun 06, 2019 - 6:00 PM

International Monetary Fund chief Christine Lagarde describes the United States and China's tit-for-tat tariffs as 'self-inflicted wounds that must be avoided'

Signs with the US flag and Chinese flag are seen outside a store selling foreign goods in Qingdao in China's eastern Shandong province on September 19, 2018. - China on September 18 announced tariffs on US goods worth $60 billion in retaliation for President Donald Trump's decision to slap duties on $200 billion in Chinese products next week. (Photo by STR / AFP) / China OUT

IMF slightly lowers China's 2019 GDP growth forecast to 6.2%

Jun 05, 2019 - 7:20 PM

The International Monetary Fund points to China's trade war with the United States, warning that 'growth will suffer'

This picture taken on May 14, 2019 shows workers making clothes for export at a factory in Quanzhou in China's eastern Fujian province. (Photo by STR / AFP) / China OUT

Venezuela claims 130,000% inflation, below international estimates

May 29, 2019 - 6:24 PM

Millions of people have fled the country as astronomical rises in the cost of consumer goods and broader economic woes have made food and basic supplies unobtainable for average people

Malaysia to ship back hundreds of tons of plastic waste

May 28, 2019 - 5:48 PM

'We urge developed countries to stop shipping garbage to our country,' says Yeo Bee Yin, Malaysia's minister of energy, technology, science, environment and climate change

PLASTIC WASTE. A member of the media takes pictures of containers filled with plastic waste before shipping back to the country of origin in Port Klang, west of Kuala Lumpur on May 28, 2019. Photo by Mohd Rasfan/AFP

Malaysia's last male Sumatran rhino dies – officials

May 27, 2019 - 7:05 PM

The cause of the animal's death is not immediately clear, but previous media reports have suggested it was suffering from kidney and liver problems

ENDANGERED. Once found as far away as eastern India and throughout Malaysia, the Sumatran rhino has been almost wiped out, with fewer than 80 left, according to the World Wildlife Fund. Rhino file photo from Shutterstock

IMF warns U.S.-China trade war will 'jeopardize' 2019 global growth

May 23, 2019 - 10:54 PM

'Consumers in the US and China are unequivocally the losers from trade tensions,' Gita Gopinath, the International Monetary Fund's chief economist, says in a blog post

IMF aid programs mostly help but need fine-tuning – report

May 21, 2019 - 4:15 PM

An International Monetary Fund review finds that aid packages serve as 'shock absorbers' but also face obstacles, such as economic growth forecasts that proved too optimistic

TRADE TENSIONS. International Monetary Fund Managing Director Christine Lagarde addresses the Paris Forum at the Economy Ministry in Paris on May 7, 2019. Photo by Eric Piermont/AFP

IMF chief says U.S.-China tensions 'threat' to world economy

May 07, 2019 - 8:50 PM

International Monetary Fund Managing Director Christine Lagarde also says recent 'rumors and tweets' make an agreement between the United States and China less likely

IMF Managing Director Christine Lagarde addresses the Paris Forum at the Economy Ministry in Paris on May 7, 2019. (Photo by ERIC PIERMONT / AFP)

Graft charges filed vs ex-Nueva Ecija congressman over pork barrel scam

May 07, 2019 - 10:40 AM

The Office of the Ombudsman also files criminal charges against 3 Department of Agriculture officials and 4 others, including Janet Napoles

AURELIO UMALI. Image of Aurelio Umali from Facebook.

Pakistan's finance minister resigns ahead of IMF deal

Apr 18, 2019 - 8:17 PM

Asad Umar resigns as the Pakistan government faces growing pressure with the rupee losing 30% of its value since 2018

RESIGNED. Asad Umar announces his resignation through Twitter on April 18. Photo from Umar's Facebook Page

Brexit delay averts 'terrible outcome' – IMF's Lagarde

Apr 12, 2019 - 12:57 PM

However, the IMF chief says: 'It's obvious that it's continued uncertainty and it does not resolve, other than by postponing what would have been a terrible outcome'

ARAB DEBT. Christine Lagarde warns of high public debt among Arab nations. File photo courtesy of the IMF

Farmers call on gov't to stop farm struggle, pass Coconut Trust Fund

Apr 11, 2019 - 5:11 PM

Kilus Magniniyog hopes to reclaim the coco levy funds – money collected from coconut farmers during the time of the late dictator Ferdinand Marcos

TRUST FUND. Coconut farmers marched from the Philippine Coconut Authority to Mendiola to protest the low prices of copra and to call for the passage of their version of the Coconut Farmers’ Trust Fund. Photo courtesy of Kilus Magniniyog

IMF cuts global growth estimate to 3.3% as world economy loses steam

Apr 09, 2019 - 9:23 PM

The IMF's World Economic Outlook once again downgrades global growth to 3.3% for 2019, two tenths lower than the global crisis lender forecast in January and 4 tenths lower than October

IMF. In this file photo taken on September 4, 2018, the logo of the International Monetary Fund is seen at the IMF headquarters in Washington, DC. File photo by Jim Watson/AFP

Google pulls news grant to Hungary propaganda outlet

Apr 04, 2019 - 12:59 PM

Google pulls its news grant to New Wave Media Group, described by an independent journalist group as 'one of the staunchest supporters of the corrupt regime led by the far-right Prime Minister Viktor Orban'

GOOGLE. A picture taken on February 5, 2019 shows the Google logo displayed on a tablet in Paris. Photo by Lionel Bonaventure/AFP


'Precarious' global rebound expected in late 2019 – IMF's Lagarde

Apr 03, 2019 - 1:15 PM

International Monetary Fund Managing Director Christine Lagarde says the world economy is vulnerable to shocks from Brexit, high debt levels, and trade tensions

International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at the US Chamber of Commerce April 2, 2019, in Washington, DC. - Global growth in 2019 should be even slower than previously expected but a "precarious" rebound is likely later this year, the head of the International Monetary Fund said Tuesday. In a speech ahead of next week's spring meetings with the World Bank, IMF chief Christine Lagarde said the world economy was vulnerable to shocks from Brexit, high debt levels and trade tensions, as well as unease on financial markets. (Photo by Brendan Smialowski / AFP)

Sandiganbayan clears Dimaporo of graft in fertilizer fund scam

Mar 31, 2019 - 8:15 PM

The Sandiganbayan says prosecutors failed to present enough evidence that Abdullah Dimaporo, formerly Lanao del Norte governor and now congressman, falsified documents in 2004

Eurozone 'not resilient enough' to weather another economic crisis – IMF chief

Mar 28, 2019 - 9:33 PM

IMF Managing Director Christine Lagarde says the currency union 'is not resilient enough' to emerge unscathed from 'unexpected economic storms'

LAGARDE. International Monetary Fund chief Christine Lagarde in Frankfurt am Main, Germany, April 5, 2016. File photo by Daniel Roland/AFP

Sandiganbayan: Sajid Ampatuan guilty of corruption

Mar 22, 2019 - 6:28 PM

The Sandiganbayan's 4th Division sentences former Maguindanao governor Sajid Ampatuan to reclusion perpetua and perpetual disqualification from holding public office

GUILTY. Former Maguindanao governor Sajid Ampatuan arrives at the Sandiganbayan on March 22, 2019, for the promulgation of his case. Photo by Darren Langit/Rappler

Norway sovereign wealth fund, world's biggest, to dump oil and gas

Mar 08, 2019 - 8:08 PM

(UPDATED) The government of Norway says the divestment is specifically targeting exploration and production companies, 'rather than selling a broadly diversified energy sector'

Sandiganbayan to proceed with Andaya trial over Malampaya scam

Mar 07, 2019 - 12:45 PM

The anti-graft court denies the appeal of Camarines Sur 1st District Representative Rolando Andaya Jr, who faces charges stemming from his term as budget secretary

House Majority Leader Rolando Andaya arrives at the Sandigan Bayan on Friday, January 18, 2019 for the arraignment of his case graft and malversation of public funds. Andaya allegedly involved in the P900-million Malampaya fund scam including Pork Barrel scam queen Janit Lim Napoles and her children James Christopher and Jo Christine and also ex-government officilals, former agrarian reform secretary Nasser Pangandaman and former agrarian reform undersecretary Narciso Nieto. Photo by Darren Langit/Rappler

WWF orders probe into allegations of abuse by rangers

Mar 05, 2019 - 11:14 PM

According to an in-depth Buzzfeed investigation into anti-poaching practices across 6 countries, the World Wide Fund for Nature funds 'vicious paramilitary forces' who have killed and tortured people in national parks in Asia and Africa

Image via Shutterstock

The week in photos: February 9-15, 2019

Feb 16, 2019 - 5:54 PM

This week's selection of photo highlights here and around the world

WE ARE MARIA. Students and rights activists picket the NBI headquarters in Manila where Rappler CEO and executive editor Maria Ressa is detained following her arrest for the charge of cyberlibel on February 13, 2019. Photo by LeAnne Jazul/Rappler

Duterte vetoes coconut farmers trust fund bill

Feb 15, 2019 - 11:28 PM

It's back to the drawing board for lawmakers on how the P76-billion coco levy funds will be managed in order to benefit coconut farmers

VETO. In this file photo, President Rodrigo Duterte presides over the 34th Cabinet meeting at the Malacañang Palace on February 6, 2019. Alfred Frias/Presidential Photo

U.S. fails to halt Iran bid to free frozen billions

Feb 13, 2019 - 11:47 PM

(UPDATED) The International Court of Justice 'finds that it has jurisdiction' in the case which was filed by Iran in 2016

Outside view of the Peace Palace, seat of the ICJ, in February 2012. CIJ-ICJ/UN-ONU/Capital Photos/Gerald van Daalen/File

IMF warns of global economic 'storm' as growth undershoots

Feb 10, 2019 - 11:00 PM

'The bottom line – we see an economy that is growing more slowly than we had anticipated,' says International Monetary Fund Managing Director Christine Lagarde

Christine Lagarde (R) , Managing Director and Chairwoman of the International Monetary Fund, speaks to journalist Richard Quest, during the opening session of the World Government Summit in Dubai, on February 10, 2019. (Photo by KARIM SAHIB / AFP)

Why Duterte vetoed bill on Philippine Coconut Authority

Feb 10, 2019 - 8:23 AM

There are 3 main reasons why President Rodrigo Duterte, with a 'heavy heart,' sent the enrolled bill back to Congress for further deliberation

President Rodrigo Roa Duterte presides over the 34th Cabinet Meeting at the Malacañan Palace on February 6, 2019. ALFRED FRIAS/PRESIDENTIAL PHOTO

IMF chief warns of high Arab public debt

Feb 09, 2019 - 8:11 PM

Nearly half of Arab countries now have public debt of over 90 percent of GDP, says International Monetary Fund chief Christine Lagarde

ARAB DEBT. Christine Lagarde warns of high public debt among Arab nations. File photo courtesy of the IMF

Duterte vetoes bill reconstituting Philippine Coconut Authority

Feb 08, 2019 - 10:42 PM

The proposed law – critical to the distribution of coco levy funds to coconut farmers – 'lacks vital safeguards,' says President Rodrigo Duterte in a letter to Congress

CAMPAIGN PROMISE. Then presidential candidate Rodrigo Duterte signs a manifesto promising coconut farmers they will benefit from the coco levy funds within his first 100 days in office. File photo by Pia Ranada/Rappler

Deadly drug-resistant tuberculosis a 'blinking red' global threat

Feb 08, 2019 - 7:45 AM

The Global Fund to Fight AIDS, Tuberculosis and Malaria is on a mission to eradicate the 3 epidemics

FIGHTING TUBERCULOSIS. This photograph taken on February 6, 2019, shows Peter Sands, executive director of the Global Fund to Fight AIDS, Tuberculosis and Malaria, during an interview with AFP in New Delhi. Photo by Sajjad Hussain/AFP

US top court delays litmus test on abortion

Feb 02, 2019 - 11:30 AM

A clinic and two doctors offering abortions appeal to the Supreme Court to block a law that restricts access to abortion

PRO-CHOICE. The US Supreme Court delays an abortion rights test case in February 2019. File photo shows abortion rights activists outside of the US Supreme Court on June 27, 2016 in Washington, DC.  Photo by Mandel Ngan / AFP

Nur Misuari no-show in arraignment at Sandiganbayan

Jan 25, 2019 - 2:58 PM

The Moro National Liberation Front (MNLF) leader has not once set foot at the anti-graft court

ARRAIGNMENT DEFERRED. The anti-graft court Sandiganbayan has deferred Nur Misuari's arraignment to February 27, 2019.

Sandiganbayan chief scolds Andaya over comment on Malampaya scam case

Jan 18, 2019 - 1:04 PM

On the eve of his court appearance, House Majority Leader Rolando Andaya Jr told media the schedule of the arraignment was 'nice timing.' He again escapes arraignment because of a pending motion to quash.

SCOLDED. House Majority Leader Rolando Andaya Jr is scolded by Sandiganbayan Presiding Justice Amparo Cabotaje-Tang over the former's media statement that the hearing on January 18, 2018, over his Malampaya scam case was of "nice timing." Photo by Lian Buan/Rappler

Japan-funded projects for signing in Q1 2019

Jan 16, 2019 - 4:35 PM

More flood control and road projects are set to be funded by Japan this year

Napoles, ex-officials to be arraigned over Malampaya scam

Jan 13, 2019 - 7:05 PM

The Sandiganbayan junks with finality all motions which sought to block the criminal charges

Tokyo stocks dive more than 5% on fears over U.S. economy

Dec 25, 2018 - 9:31 AM

(UPDATED) The Nikkei 225 index dips below the 20,000 level for the first time since September 2017

Duterte taps ex-Air Force chief Kintanar to head PH Coconut Authority

Dec 21, 2018 - 9:15 PM

President Rodrigo Duterte also says he has asked Philippine Coconut Authority officials to tender their courtesy resignations

NEW PCA CHIEF. President Rodrigo Duterte appoints former Philippine Air Force chief Lieutenant General Galileo Kintanar as Philippine Coconut Authority chief. File photo by Carmela Fonbuena/Rappler

Global media groups start fund-raising for Rappler

Dec 18, 2018 - 8:05 PM

Rappler and its CEO Maria Ressa will be the first recipients of fund for journalists facing threats to press freedom worldwide

IN COURT. Rappler CEO Maria Ressa is facing legal cases filed by the Phiippine government. Photo by Beth Frondoso/Rappler

Sandiganbayan sentences Nueva Vizcaya town mayor up to 22 years in prison

Dec 18, 2018 - 2:05 PM

The graft court finds Jerry Pasigian, mayor of Alfonso Castañeda town, guilty of graft and malversation

[EDITORIAL] #AnimatED: The many shades of pork

Dec 17, 2018 - 9:38 AM

Factions in Duterte’s own administration are squabbling over funds, and it seems, over appointments too

U.S. Supreme Court rejects state efforts to block abortion funding

Dec 11, 2018 - 8:08 PM

The US Supreme Court leaves in place lower court decisions that found that states violate federal law when they terminate Medicaid contracts for Planned Parenthood

SUPREME COURT. A view of the US Supreme Court during their last public session before the summer break June 26, 2017 in Washington, DC. File photo by Brendan Smialowski/AFP

Nur Misuari arraignment for corruption set in 2019

Dec 04, 2018 - 3:05 PM

Nur Misuari still enjoys extended freedom courtesy of President Rodrigo Duterte, who ordered him released despite rebellion charges so he could participate in the Bangsamoro peace process

GRAFT CHARGES. MNLF founding chairman Nur Misuari posts bail on September 19, 2017 before the Davao City Regional Trial Court Branch 16 for graft charges involving ghost education projects in the ARMM.. Photo courtesy of Secretary Jesus Dureza

G20 opens under assault from Trump on collective action

Nov 30, 2018 - 10:57 AM

Shortly before the summit kicks off, Donald Trump's 'America First' charge will bear fruit with the signing in Buenos Aires of a successor to the North American free trade pact NAFTA

G20. View of the Obelisk as Corrientes Avenue remains without traffic due to security measures ahead of the G20 Summit in Buenos Aires on Noviembre 29, 2018. Photo by Alberto Raggio/AFP

[OPINION] Preserving indigenous knowledge in disaster recovery

Nov 15, 2018 - 2:00 PM

Keeping indigenous knowledge systems, practices, and beliefs alive will allow communities of smallholder farmers to maintain their culture and the balance in their ecosystem without sacrificing their livelihood

SC affirms corruption trial of Grace Padaca at Sandiganbayan

Oct 30, 2018 - 6:02 PM

It means there is no legal impediment to the Sandiganbayan proceedings, which is halfway reaching a judgment

GRAFT CASE. Former Isabela governor Grace Padaca is on trial for graft and malversation charges over an allegedly irregular loan facility deal. Rappler file photo

Nature pushed to the brink by 'runaway consumption'

Oct 30, 2018 - 8:47 AM

WWF's 'Living Planet' reports says that from 1970 to 2014, 60% of all animals with a backbone were wiped out by human activity

WILDLIFE WOES. Elephants walk to a watering pan in Zimbabwe's Hwange National Park on September 6, 2012. File photo by Jekesai Njikizana/AFP

Big chunk of 2017 intel funds spent by only 3 institutions – COA

Oct 28, 2018 - 8:25 PM

These 3 institutions are the Office of the President, the Department of National Defense, and Congress