Wednesday, May 31, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home News National

Tugade lets go of senatorial dream, to focus on DOTr

Darwin G. AmojelarbyDarwin G. Amojelar
October 10, 2021, 12:30 am
in National
Reading Time: 2 mins read
A A
Share on FacebookShare on TwitterShare on Email

Transportation Secretary Arthur Tugade on Saturday said he dropped his plan to run as senator in the upcoming national elections in May due to “multiple reasons.”

“I decided not to file my certificate of candidacy for multiple reasons, one of which is by not filing my COC, I can emphasize that the efforts of the Department of Transportation (DOTr) in finishing projects are not, in any way, in aid of election,” Tugade said.

“It is just in doing and completing what we sincerely and honestly think is good for the country, the people, and the sambayanan,” he added.

Tugade was earlier included in the “Pandora Papers” report of the Philippine Center for Investigative Journalism (PCIJ) and Rappler, which alleged that he did not declare his offshore investment in his Statements of Assets, Liabilities, and Net Worth (SALN).

But Tugade denied any wrongdoing in his offshore investments in Solart Holdings as this was disclosed in his SALN.

Tugade said his offshore investments in Solart Holdings “was a personal financial move that was established long before I joined the government.”

“Solart Holdings was organized in 2003 to hold a portion of our family’s cash assets,” said Tugade, who was appointed President of the Clark Development Corporation (CDC) in 2012 and as Secretary of the Department of Transportation (DOTr) in 2016.

“Having some of our family’s savings invested in Solart Holdings was our legitimate attempt to grow our financial portfolio like what any astute and judicious entrepreneurs would do to diversify their investments. We decided to have a portion of our savings invested outside the Philippines, which is valid and legal,” Tugade added.

Tags: Arthur TugadeDepartment of Transportationnational elections
ADVERTISEMENT
Darwin G. Amojelar

Darwin G. Amojelar

Related Posts

Three die in four-vehicle smashup at SCTEX in Mabalacat, Pampanga

byDarwin G. Amojelar
May 31, 2023, 11:40 pm
0
8
Three die in four-vehicle smashup at SCTEX in Mabalacat, Pampanga

Three people were reported killed in a multiple-vehicle accident in a portion of the Subic - Clark - Tarlac Expressway...

Read more

CA okays appointments of 86 soldiers, 7 diplomats

byMacon Ramos-Araneta
May 31, 2023, 11:30 pm
0
8
CA bypasses appointments of Pascual, Lotilla

The powerful Commission on Appointment (CA) on Wednesday gave its nod to the promotions of 86 senior officers of the Armed...

Read more

Nine OFWs home after rescue from Thai, Myanmar crime rings

byVito Barcelo
May 31, 2023, 11:20 pm
0
8
BI’s task is to check travel documents, Tansingco says

At least nine overseas Filipino workers (OFWs) who were victims of a human trafficking syndicate were repatriated after being rescued...

Read more

BARMM Speaker eyes presidential pardon for Candao

byNash B. Maulana
May 31, 2023, 11:10 pm
0
8
Southwoods nails Seniors’ Fil golf crown

COTABATO City—The Speaker of the Bangsamoro Parliament has issued a statement saying a former governor of the Autonomous Region in...

Read more

Taguig steps up fight vs. child abuse

byJoel E. Zurbano
May 31, 2023, 11:05 pm
0
8
Help desks ready in Taguig schools

Taguig City Mayor Laarni Cayetano on Wednesday urged here constituents help in the fight against child abuse, trafficking and exploitation,...

Read more

BI arrests Korean fugitive at NAIA

byVito Barcelo
May 31, 2023, 11:00 pm
0
8
Koreans top list of fugitive aliens captured by BI

Bureau of Immigration (BI) agents have arrested a Korean national wanted for a string of criminal cases in his country....

Read more

Print Edition

View More

Recent Posts

  • Three die in four-vehicle smashup at SCTEX in Mabalacat, Pampanga
  • CA okays appointments of 86 soldiers, 7 diplomats
  • Nine OFWs home after rescue from Thai, Myanmar crime rings
  • BARMM Speaker eyes presidential pardon for Candao
  • Taguig steps up fight vs. child abuse
  • BI arrests Korean fugitive at NAIA
  • PBBM: PH to have close to 100% rice sufficiency
  • Officials confirm Gov. Reyes of Negros Oriental passed away

Advertisement

Latest News

BI arrests Korean fugitive at NAIA

byVito Barcelo
May 31, 2023, 11:00 pm
0
8
Koreans top list of fugitive aliens captured by BI

Bureau of Immigration (BI) agents have arrested a Korean national wanted for a string of criminal cases in his country....

Read more

PBBM: PH to have close to 100% rice sufficiency

byVince Lopez
May 31, 2023, 10:45 pm
0
8
‘BIDA’ Fun Run

The government is seeking close to 100% rice self-sufficiency in five years following President Ferdinand R. Marcos Jr.’s approval of...

Read more

Officials confirm Gov. Reyes of Negros Oriental passed away

byManila Standard
May 31, 2023, 10:40 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Negros Oriental Governor Carlo Jorge Joan “Guido” Reyes passed away on Wednesday morning, provincial officials have confirmed. In a video...

Read more

Tulfo: I will be a working and active Congress rep

byMaricel Cruz
May 31, 2023, 10:35 pm
0
8
CA bypasses Tulfo for second time

Rep. Erwin Tulfo of ACT-CIS  party-list group has vowed to be an active and working member of the House of...

Read more

Poe supports law on bike safety for passengers

byMacon Ramos-Araneta
May 31, 2023, 10:30 pm
0
8
Remittances from OFWs need to be protected, says Grace Poe

Senator Grace Poe said she is supporting a law legalizing and regulating the country’s motorcycle taxis that would ensure the...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App