Did PLDT Inc. violate strict corporate disclosures rules by informing the public about a multibillion-peso budget bloat months after an internal investigation began? Some within the Philippine
Our sources disagree. The initial estimates of about P130 billion and the placing of key executives on “leave” or suspension should have triggered an immediate disclosure, even if it lacked certain details, we’re told.
Despite recent criticism of the proposal—mainly because of the inclusion of Social Security System and Government Service Insurance System pension funds as sources of seed money for the planned sovereign wealth fund—its advocates have shown flexibility and openness to change its structure by taking out the said pension funds from the picture.
The bank committed the expertise of its experienced information technology professionals to train 100 youths on cloud services, infrastructure and network monitoring, system administration, low-risk security operation activities, SIT/UAT testing and automation scripting.