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Metrobank earns record P42.2 billion in 2023
Metropolitan Bank & Trust Co. posted record-high earnings of P42.2 billion in 2023, driven by asset expansion, higher margins, improving efficiency levels and better asset quality......»»
Microsoft, OpenAI: Hackers Using ChatGPT for Cyberattack Improvements
Hackers are leveraging ChatGPT’s AI technologies to enhance cyberattacks, according to recent findings by Microsoft and OpenAI. In a joint research effort, the two tech giants have identified instances of malicious actors from various countries utilizing large language models (LLMs) for refining their tactics and improving their cyber offensive capabilities. In a blog post today, […].....»»
16 Asian countries discuss employing technology to implement innovative initiatives for regulating labour markets
DUBAI, 11th February, 2024 (WAM) -- Ministers of labour and human resources from 16 Asian countries sending and receiving workers discussed leveraging advanced technology for innovative initiatives aimed at resolving labor disputes and expediting verdicts. They also aimed to strengthen wage protection systems and facilitate skill mobility among participating countries. The focus was on improving labor market regulation.....»»
US, Japan Accelerate War Drills to Deter China
washington - The U.S. and Japan wrapped up a joint command post exercise late this week that analysts said was aimed at improving the coordination of their capabilities in dealing with threats from China.The Keen Edge 24 computer simulation exercise was intended 'to practice responses in the event of a crisis or contingency,' said the U.S. Indo-Pacific Command as it began the exercise on February 1 and ended Thu.....»»
US, Japan Accelerate War Drills to Deter China
washington - The U.S. and Japan wrapped up a joint command post exercise late this week that analysts said was aimed at improving the coordination of their capabilities in dealing with threats from China.The Keen Edge 24 computer simulation exercise was intended 'to practice responses in the event of a crisis or contingency,' said the U.S. Indo-Pacific Command as it began the exercise on February 1 and ended Thu.....»»
Domestic trade expected to improve this year
Domestic trade is seen improving this year on expectations of strong economic activity and continued slowdown in inflation, according to economists......»»
Globe spending for cybersecurity reaches $90 million
Globe Telecom Inc. has invested around $90 million to improve its security measures, improving the capability of its digital defenses in fighting online fraud......»»
Index to retest resistance level
Improving macroeconomic fundamentals gave the index much needed upward momentum last week......»»
Why Training and Seminars is an Essential Part of Being an Entrepreneur
Running your own business is like taking a ride on a roller coaster – exciting, but full of challenges. To stay on top in this ever-changing world, it’s not just about passion and determination; it’s about committing to keep learning. Imagine this: a smart entrepreneur always improving their skills, connecting with industry experts, and staying […].....»»
Filipinos Hope for Positive Changes in 2024
The new year brings new hope for every Filipino dreaming of improving their economic status and living a life where they can have three meals a day. This is a modest dream of a small Filipino that remains a dream due to the lack of action from those in authority. Often, lawmakers and local officials […] The post Filipinos Hope for Positive Changes in 2024 appeared first on Bicol Peryodiko......»»
Inflation rate in Cebu Province decelerates in April 2024
CEBU CITY, Philippines — The inflation rate in Cebu Province for April 2024 has decelerated to 0.2 percent from 0.3 percent in March, according to the report of the Philippine Statistics Authority (PSA) Cebu on Thursday, May 16. PSA Cebu’s Chief Statistical Specialist Melchor Bautista said the headline inflation slowed down in April 2024 mainly.....»»
Citi sees shallow rate cuts in 2024, 2025
Global banking giant Citi is now expecting smaller interest rate cuts from the Bangko Sentral ng Pilipinas in the next two years due to a more cautious stance on inflation risks......»»
Philippines unemployment rate up to 3.9 pct in March
MANILA, May 8 (Xinhua) -- The unemployment rate in the Philippines increased to 3.9 percent in March from 3.5 percent in February, the Philippine Statistics Authority (PSA) said on Wednesday. PSA head Dennis Mapa said at a press conference that there were 2 million jobless Filipinos in March this year, higher than 1.8 million unemployed individuals in February. National Economic and Development Authority.....»»
PUVMP consolidation rate reaches 81% – LTFRB
An 81 percent consolidation rate for jeepneys has been achieved under the public utility vehicle modernization program (PUVMP), according to the Land Transportation Franchising and Regulatory Board......»»
CAR logs 96.7% employment rate, services top job generator
CAR logs 96.7% employment rate, services top job generator.....»»
NEDA Optimistic on Economic Growth in the PH for 2024
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»
Maybe no Fed rate cuts in FY24?
A recent CNBC article captured the growing concern that the US Federal Reserve’s first rate cut – the infamous “pivot” – might not happen until “at least September”, and discusses a few analysts (including those from Bank of America) who have said that there is “real risk” that the first cut might not even come until March 2025......»»
DSWD-Davao posts 68% ECT completion rate
THE Department of Social Welfare and Development-Davao Region (DSWD-Davao) reported a completion rate of approximately 68 percent for distributing Emergency Cash Transfer (ECT) to residents of Davao del Norte and Davao Oriental affected by the Shear Line and Low-Pressure Area (LPA)......»»
Cebu Province inflation rate soared in March 2024
CEBU CITY, Philippines — Cebu Province inflation rate rose in March as Cebuanos continue to grapple with rising prices of goods and commodities, the latest inflation report by the Philippine Statistics Authority (PSA) Cebu showed. On Wednesday, April 17, PSA Cebu Chief Statistical Specialist Melchor Bautista presented the inflation report in Cebu Province for March.....»»
Mandaue City logs highest inflation rate
Mandaue City logs highest inflation rate.....»»