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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).....»»
Mayor Chan promises legal assistance to swindling victims
LAPU-LAPU CITY, CEBU — The Lapu-Lapu City Government, through the City Legal Office (CLO), promised to provide legal assistance against an alleged swindler, along with her accomplice, after they repeatedly sold lots with questionable status in Barangay Canjulao. On Monday, February 19, the alleged swindler faced around 15 individuals who were her victims, with the.....»»
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.....»»
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.....»»
Nearly one million tickets sold for upcoming AFC Asian Cup in Qatar
DOHA, Jan. 10 (Xinhua) -- Nearly one million tickets have been sold so far for the 2023 AFC Asian Cup which will kick off on Friday in Doha, Qatar, the Local Organizing Committee (LOC) revealed on Wednesday. "Qatar is ready to welcome the best teams from Asia to what we hope will be the best ever edition of the AFC Asian Cup. Our stadiums and sporting infrastructure are set to deliver a memorable tournament to p.....»»
Martial law architect Enrile gets Malacañang birthday bash, P100k cash gift
During his birthday celebration at Malacañang, Enrile, who earns around P189,00 to P211,900 (Salary Grade 30) as chief state counsel, was also handed a centenarian gift of P100,000 by the Department of Social Welfare and Development. .....»»
Losses to Philippine agriculture due to El Nino reach 31 mln USD
MANILA, March 20 (Xinhua) -- The El Nino dry spell and ensuring drought have caused over 1.75 billion pesos (roughly 31 million U.S. dollars) in damage to Philippine agriculture, a senior government official said Wednesday. This year's losses due to El Nino are still low compared to 2009 when the damage to agriculture reached 17 billion pesos (302 million dollars), Presidential Communications Office Assistant Se.....»»
El Niño damage to agriculture sector hits P357.4 million
The damage the El Niño phenomenon brought to the agriculture sector in four regions alone – Ilocos, Mimaropa, Western Visayas and Zamboanga peninsula – has already ballooned to P357.4 million, according to the Department of Agriculture......»»
El Niño agriculture damage reaches P151.3 million
Damage to agriculture due to El Niño in Western Visayas and Zamboanga peninsula has reached P151.3 million, with 3,291 hectares of agricultural land affected, according to the Department of Agriculture......»»
DA: Shear line agriculture damage reaches P137 million
The shear line’s damage to the agriculture sector in Davao and Caraga reached P136.57 million covering at least 9,043 hectares of rice and corn, according to the Department of Agriculture......»»
Scholarship for agriculture students pushed
LAPU-LAPU CITY, Cebu- Recognizing the vital role of the agriculture sector in food sustainability and local farmer empowerment, a Cebu City councilor proposed an ordinance to provide scholarship grants to students who would pursue agriculture-related programs in college. The proposed legislation, titled “An Ordinance Granting Educational Scholarship Assistance to Qualified Cebu City Residents Pursuing Agriculture-Related.....»»
Government announces agriculture delegations to better support Primary sector
The coalition Government has announced ministerial delegations to support key areas across the Primary sector to deliver for New Zealand's food and fibre sector, Agriculture Minister Todd McClay announced today."I will be supported in my roles as Minister of Agriculture, Trade, Forestry and Hunting and Fishing, by three Associate Agriculture Ministers, Nicola Grigg (National), Andrew Hoggard (ACT), and Mark Patt.....»»
Philippine agricultural sector grows 1.2 pct in 2023
MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»
Philippine agricultural sector grows 1.2 pct in 2023
MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»
Fruitas raises P200-M through sale of corporate notes
Fruitas disclosed that it sold P200 million worth of corporate notes in a private placement to banks and institutional investors......»»
Pagadian airport to be closed for rehab
Pagadian airport in Zamboanga del Sur will be closed for one month to pave the way for repair of the runway......»»
Parañaque business permit office closed for holidays
Parañaque’s business permit and licensing office will be closed on Feb. 9 and 10 for the Lunar New Year and on Feb. 13 for the city’s 26th cityhood anniversary, Mayor Eric Olivarez announced yesterday......»»
PDIC extends loan incentive program for closed bank borrowers
PDIC extends loan incentive program for closed bank borrowers.....»»
Tondo roads closed for Sto. Niño feast
Some roads in Tondo, Manila will be closed to motorists for the Feast of Sto. Niño on Jan. 21......»»