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                    [Title] => COA recommendation: ‘Move Capitol funds to approved banks’
                    [Summary] => 
The Commission on Audit has told the Cebu Provincial Government to transfer the almost P500 million in its time deposits and special savings deposits accounts in private banks to its existing current account, as stipulated in a Provincial Board resolution.

                    [DatePublished] => 2015-08-30 10:00:00
                    [ColumnID] => 0
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
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                    [ArticleID] => 892761
                    [Title] => Rama to withdraw time deposit
                    [Summary] => 
Mayor Michael Rama scheduled a meeting with Cebu City lawyers next week to come up a decision on whether they will withdraw the P165-million time deposit with the Philippine Veterans Bank.

                    [DatePublished] => 2013-01-03 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1097538
                    [AuthorName] =>  Rene U. Borromeo
                    [SectionName] => Cebu News
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                    [URL] => 
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                    [ArticleID] => 853779
                    [Title] => CH mulls filing case vs PPSB
                    [Summary] => 

 The Cebu City government is contemplating to file a petition in court to compel one of the city’s depository banks to release the P124 million it has frozen because of a pending notice of garnishment from the court.
                    [DatePublished] => 2012-09-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097538
                    [AuthorName] =>  Rene U. Borromeo
                    [SectionName] => Cebu News
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                    [ArticleID] => 852692
                    [Title] => PPSB may face charge
                    [Summary] => 
The Cebu City Government is planning to file a case against the Philippine Postal Savings Bank (PPSB) , one of its depository banks, for freezing the city’s account.
                    [DatePublished] => 2012-09-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097538
                    [AuthorName] =>  Rene U. Borromeo
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
                    [URL] => 
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                    [ArticleID] => 826674
                    [Title] => City stops issuing checks of Postal Savings Bank
                    [Summary] => 
The Cebu City government has stopped issuing checks for withdrawal at the Philippine Postal Savings Bank.
                    [DatePublished] => 2012-07-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097048
                    [AuthorName] =>  Jessica Ann R. Pareja
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
                    [URL] => 
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                    [ArticleID] => 810918
                    [Title] => OGCC asks city to clarify Rallos issue
                    [Summary] => 
The Cebu City Council informed the Office of the Government Corporate Counsels (OGCC) that there is no existing ordinance that appropriates P133 million for the payment of the road lot in Barangay Sambag II owned by the late Rev. Fr. Vicente Rallos.
                    [DatePublished] => 2012-05-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097538
                    [AuthorName] =>  Rene U. Borromeo
                    [SectionName] => Cebu News
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                    [URL] => 
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                    [ArticleID] => 774986
                    [Title] => Transport sector hails 'Arangkada Pasada'
                    [Summary] => 
Transport leaders heaped praises on the P250-million “Arangkada Pasada” loan program of the Philippine Postal Savings Bank (PostalBank), describing its as “proof that the Aquino government is doing its best to alleviate their plight”.
                    [DatePublished] => 2012-02-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 641168
                    [Title] => Binay pushes OFW Bank
                    [Summary] => 
Vice president Jejomar Binay recommended yesterday the creation of an overseas Filipino workers (OFWs) Bank that will provide OFWs competitive and cheaper remittance rates.
                    [DatePublished] => 2010-12-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097133
                    [AuthorName] =>  Jose Rodel Clapano
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 616282
                    [Title] => Compostela mess: 2 banks refute "bankruptcy" issue
                    [Summary] => 
At least two depository banks have issued  certifications to deny the claims of fifth district Rep. Ramon "Red"  Durano VI that the town of Compostela is on the brink of bankruptcy.
                    [DatePublished] => 2010-09-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
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                    [ArticleID] => 489002
                    [Title] => Release of P500-million road users' tax approved for pollution control
                    [Summary] => 
The Road Board approved yesterday the release of P500 million from the road user’s tax or the Motor Vehicle User’s Charge (MVUC) to fund anti-pollution projects, Malacañang announced.
                    [DatePublished] => 2009-07-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => 
                    [SectionUrl] => 
                    [URL] => 
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PHILIPPINE POSTAL SAVINGS BANK

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                    [Title] => COA recommendation: ‘Move Capitol funds to approved banks’
                    [Summary] => 
The Commission on Audit has told the Cebu Provincial Government to transfer the almost P500 million in its time deposits and special savings deposits accounts in private banks to its existing current account, as stipulated in a Provincial Board resolution.

                    [DatePublished] => 2015-08-30 10:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Cebu News
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                    [ArticleID] => 892761
                    [Title] => Rama to withdraw time deposit
                    [Summary] => 
Mayor Michael Rama scheduled a meeting with Cebu City lawyers next week to come up a decision on whether they will withdraw the P165-million time deposit with the Philippine Veterans Bank.

                    [DatePublished] => 2013-01-03 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1097538
                    [AuthorName] =>  Rene U. Borromeo
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
                    [URL] => 
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                    [ArticleID] => 853779
                    [Title] => CH mulls filing case vs PPSB
                    [Summary] => 

 The Cebu City government is contemplating to file a petition in court to compel one of the city’s depository banks to release the P124 million it has frozen because of a pending notice of garnishment from the court.
                    [DatePublished] => 2012-09-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097538
                    [AuthorName] =>  Rene U. Borromeo
                    [SectionName] => Cebu News
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                    [URL] => 
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                    [ArticleID] => 852692
                    [Title] => PPSB may face charge
                    [Summary] => 
The Cebu City Government is planning to file a case against the Philippine Postal Savings Bank (PPSB) , one of its depository banks, for freezing the city’s account.
                    [DatePublished] => 2012-09-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097538
                    [AuthorName] =>  Rene U. Borromeo
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
                    [URL] => 
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                    [ArticleID] => 826674
                    [Title] => City stops issuing checks of Postal Savings Bank
                    [Summary] => 
The Cebu City government has stopped issuing checks for withdrawal at the Philippine Postal Savings Bank.
                    [DatePublished] => 2012-07-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097048
                    [AuthorName] =>  Jessica Ann R. Pareja
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
                    [URL] => 
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                    [ArticleID] => 810918
                    [Title] => OGCC asks city to clarify Rallos issue
                    [Summary] => 
The Cebu City Council informed the Office of the Government Corporate Counsels (OGCC) that there is no existing ordinance that appropriates P133 million for the payment of the road lot in Barangay Sambag II owned by the late Rev. Fr. Vicente Rallos.
                    [DatePublished] => 2012-05-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097538
                    [AuthorName] =>  Rene U. Borromeo
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
                    [URL] => 
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                    [ArticleID] => 774986
                    [Title] => Transport sector hails 'Arangkada Pasada'
                    [Summary] => 
Transport leaders heaped praises on the P250-million “Arangkada Pasada” loan program of the Philippine Postal Savings Bank (PostalBank), describing its as “proof that the Aquino government is doing its best to alleviate their plight”.
                    [DatePublished] => 2012-02-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [Title] => Binay pushes OFW Bank
                    [Summary] => 
Vice president Jejomar Binay recommended yesterday the creation of an overseas Filipino workers (OFWs) Bank that will provide OFWs competitive and cheaper remittance rates.
                    [DatePublished] => 2010-12-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097133
                    [AuthorName] =>  Jose Rodel Clapano
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
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                    [ArticleID] => 616282
                    [Title] => Compostela mess: 2 banks refute "bankruptcy" issue
                    [Summary] => 
At least two depository banks have issued  certifications to deny the claims of fifth district Rep. Ramon "Red"  Durano VI that the town of Compostela is on the brink of bankruptcy.
                    [DatePublished] => 2010-09-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
                    [URL] => 
                )

            [9] => Array
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                    [ArticleID] => 489002
                    [Title] => Release of P500-million road users' tax approved for pollution control
                    [Summary] => 
The Road Board approved yesterday the release of P500 million from the road user’s tax or the Motor Vehicle User’s Charge (MVUC) to fund anti-pollution projects, Malacañang announced.
                    [DatePublished] => 2009-07-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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abtest

COA recommendation: ‘Move Capitol funds to approved banks’

August 30, 2015 - 10:00am

The Commission on Audit has told the Cebu Provincial Government to transfer the almost P500 million in its time deposits and special savings deposits accounts in private banks to its existing current account, as...

Cebu News

Rama to withdraw time deposit

By Rene U. Borromeo | January 3, 2013 - 12:00am

Mayor Michael Rama scheduled a meeting with Cebu City lawyers next week to come up a decision on whether they will withdraw the P165-million time deposit with the Philippine Veterans Bank.

Cebu News

CH mulls filing case vs PPSB

By Rene U. Borromeo | September 28, 2012 - 12:00am

 The Cebu City government is contemplating to file a petition in court to compel one of the city’s depository banks to release the P124 million it has frozen because of a pending notice of garnishment...

Cebu News

PPSB may face charge

By Rene U. Borromeo | September 25, 2012 - 12:00am

The Cebu City Government is planning to file a case against the Philippine Postal Savings Bank (PPSB) , one of its depository banks, for freezing the city’s account.

Cebu News

City stops issuing checks of Postal Savings Bank

By Jessica Ann R. Pareja | July 11, 2012 - 12:00am

The Cebu City government has stopped issuing checks for withdrawal at the Philippine Postal Savings Bank.

Cebu News

OGCC asks city to clarify Rallos issue

By Rene U. Borromeo | May 27, 2012 - 12:00am

The Cebu City Council informed the Office of the Government Corporate Counsels (OGCC) that there is no existing ordinance that appropriates P133 million for the payment of the road lot in Barangay Sambag II owned...

Cebu News

Transport sector hails 'Arangkada Pasada'

February 8, 2012 - 12:00am

Transport leaders heaped praises on the P250-million “Arangkada Pasada” loan program of the Philippine Postal Savings Bank (PostalBank), describing its as “proof that the Aquino government is doing...

Business

Binay pushes OFW Bank

By Jose Rodel Clapano | December 22, 2010 - 12:00am

Vice president Jejomar Binay recommended yesterday the creation of an overseas Filipino workers (OFWs) Bank that will provide OFWs competitive and cheaper remittance rates.

Business

Compostela mess: 2 banks refute "bankruptcy" issue

September 30, 2010 - 12:00am

At least two depository banks have issued certifications to deny the claims of fifth district Rep. Ramon "Red" Durano VI that the town of Compostela is on the brink of bankruptcy.

Cebu News

Release of P500-million road users' tax approved for pollution control

July 23, 2009 - 12:00am

The Road Board approved yesterday the release of P500 million from the road user’s tax or the Motor Vehicle User’s Charge (MVUC) to fund anti-pollution projects, Malacañang announced.