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ACEN secures certification for WESM trading standards
ACEN, the Ayala Group’s listed energy platform, has received full compliance certification from Australian advisory firm Intelligent Energy System – the first among Philippine firms – for its adherence to the standards of the Wholesale Electricity Spot Market......»»
Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023
The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»
STATEMENT | Bulatlat reminds Philippine military of culpability in cyber-attacks and misinformation
Bulatlat maintains that these so-called “cyber security” efforts could mean online surveillance, distributed denial of service (DDOS) attacks, “fake news” and other forms of attacks aimed to suppress freedom of the press and of expression, as well as the people’s right to information. This issue was brought to the attention of the UN Special Rapporteur on the Promotion and Protection of the Right to Freedom of Opinion and Expression Irene Khan who will hold her official country visit next week. The post STATEMENT | Bulatlat reminds Philippine military of culpability in cyber-attacks and misinformation appeared first on Bulatlat......»»
Bank loans used as RRR compliance hit P6.4 billion
Mid-sized and small banks have extended around P6.4 billion loans to micro, small and medium enterprises (MSMEs) as well as large companies, and booked these loans in compliance with their reserve requirement ratios, according to the Bangko Sentral ng Pilipinas......»»
Cristy Fermin sa mga cyber libel case: Sino po kaya ang susunod?
NAGLABAS ng saloobin ang beteranong showbiz columnist na si Cristy Fermin hinggil sa isinampang kaso ng cyber libel laban sa kanya ng mag-asawang sina Sharon Cuneta at Kiko Pangilinan. Para sa mga hindi aware, nitong Biyernes, May 10, dumulog sa Makati Prosecutor’s Office ang mag-asawa para isumite ang kanilang sworn affidavit kaugnay sa cyber libel.....»»
Cristy, Ogie yari sa cyber libel ni Bea
Kinasuhan ng cyber libel ng aktres na si Bea Alonzo sina Cristy Fermin, Ogie Diaz at mga co-host ng kanilang programa pati na ang isang online basher dahil sa mga mapanira at malisyosong topic laban sa aktres. The post Cristy, Ogie yari sa cyber libel ni Bea first appeared on Abante......»»
Concerns conveyed to China over cyber activity
Foreign Minister Winston Peters has confirmed New Zealand's concerns about cyber activity have been conveyed directly to the Chinese Government. "The Prime Minister and Minister Collins have expressed concerns today about malicious cyber activity, attributed to groups sponsored by the Chinese Government, targeting democratic institutions in both New Zealand and the United Ki.....»»
Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey
New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»
ADB approves 655,000 USD to help Philippine rural banks digitization
MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»
ADB approves 655,000 USD to help Philippine rural banks digitization
MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»
Philippines urged to tighten emission standards to protect public health
The government should tighten “outdated” emission standards for sources of air pollution, including coal-fired power plants, to safeguard public health and the environment, a group said on Tuesday......»»
Public servants’ code of conduct, ethical standards
The Center for Global Best Practices will hold a special online training titled Code of Conduct and Ethical Standards for Public Officials and Employees to be held on Feb. 23 from 1:30 to 4:45 p.m. via Zoom......»»
Cebu Pacific named among safest budget carriers globally
Low-cost carrier Cebu Pacific has landed as one of the safest low-cost airlines in the world, beating nearly 400 global operators in terms of compliance with international standards, according to AirlineRatings.com......»»
EDITORIAL — No water to drink
The government is readying mitigation measures amid expectations of a strong El Niño, which could intensify droughts during this year’s dry season......»»
Philippines, Australia boost collab in maritime security, cyber technology
The Philippines and Australia on Thursday signed agreements to strengthen their civil and defense maritime commitments, and cooperation on cyber technology. .....»»
Russia blocks renewal of UN panel monitoring North Korea sanction compliance
At the United Nations, a recent vote on renewing a panel of experts monitoring North Korea’s compliance with international sanctions has caused tension among member.....»»
Training on COA compliance for government institutions
To guide government institutions on their compliance with the Commission on Audit Circular 2020-006, the Center for Global Best Practices will be launching a two-session online training titled “COA Guidelines and Procedures for One-Time Cleansing of Property, Plant and Equipment Account Balances” on April 18 and 19, 2024 from 1:30 to 4:45 p.m. via Zoom......»»
PSC turns to Marcos on compliance issue with world anti-doping body
The Philippine Sports Commission will seek no less than President Ferdinand Marcos Jr. help when it contests the non-compliance accusation of the World Anti-Doping Agency that has now been elevated to the Court of Arbitration for Sport for resolution......»»
Mandaue targets COPC compliance by March 2024
Mandaue targets COPC compliance by March 2024.....»»
CGBP holds seminar on labor update, compliance
The Center for Global Best Practices is hosting a three-hour webinar titled Labor Law 2024 Updates and Compliance on March 1 from 1:30 to 4:45PM via Zoom......»»