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Recto sees ‘realistic’ 6-6.5 percent growth for Philippines

Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

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).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

No LEDAC; Marcos Jr. meets separately with senators, congressmen

Amid feuding over the people’s initiative to amend the Constitution, President Marcos met separately yesterday with congressmen and senators instead of convening the Legislative-Executive Development Advisory Council......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

Bariatric Surgery for Long-Term Blood Glucose Control and Type 2 Diabetes Remission

A recent study supported by the National Institutes of Health has revealed that bariatric surgery may offer better long-term blood glucose control for individuals with.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 29th, 2024

Global oil demand to grow by 1.9 million bpd in 2024

LONDON (Reuters) -Global oil demand will grow by 1.9 million barrels per day (bpd) this year, according to a prediction by energy research company Wood Mackenzie, a forecast close to the Organisation of the Petroleum Exporting Countries’ (OPEC) estimate for 2024. In remarks shared with delegates at a Wood Mac briefing on Wednesday during the.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

Cotabato: Strong winds, heavy rains destroy 85 houses

COTABATO CITY — In Cotabato province, heavy rains and strong winds that battered Kabacan town amid excruciating heat on Maundy Thursday left 85 houses destroyed, the local disaster office said. Kabacan Mayor Evangeline Pascua-Guzman said four villages were hardest hit by the heavy downpour and what locals believed was mild tornado that started at about.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 2024

Marcos names UP economics professor as finance undersecretary

President Marcos has appointed University of the Philippines Economics associate professor Renato Reside as undersecretary of the Department of Finance, the Presidential Communications Office announced yesterday......»»

Category: newsSource:  philstarRelated NewsApr 4th, 2024

E-notice provision, other amendments to SARFAESI, DRTA in pipeline to streamline debt recovery

By Vishu AdhanaNew Delhi [India], March 19 (ANI): The Ministry of Finance has constituted a committee to determine further amendments to the SARFAESI and DRT Acts, including providing legal cover to e-notice for expeditious debt recovery, sources in the ministry said. The committee held several meetings and discussions are in the "advanced stage," sources told ANI. Last month, the finance ministry held extensive discussio.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

SEC strengthens push for sustainable finance

The Securities and Exchange Commission has reinforced its push for sustainable finance through the adoption of the country’s taxonomy guidelines......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

HIRING | Project Finance Officer

The Mindanao Institute of Journalism, Inc. is looking for a Project Finance Officer......»»

Category: newsSource:  mindanewsRelated NewsFeb 22nd, 2024

Finance officer sa mga terorista nadakpan

Finance officer sa mga terorista nadakpan.....»»

Category: newsSource:  sunstarRelated NewsFeb 18th, 2024

Diokno’s back, but Bangko Sentral ‘not sure’ if Ralph Recto will sit in its powerful Monetary Board

'There’s an appointed secretary of finance but me personally, I’m not sure if the secretary of finance will sit as a member of the Monetary Board,' says BSP Deputy Governor Eduardo Bobier.....»»

Category: newsSource:  rapplerRelated NewsJan 20th, 2024

Ralph Recto sworn in as new Secretary of Department of Finance

House Deputy Speaker Ralph Recto [link] was sworn in as the new Secretary of the Department of Finance on Friday, replacing the former Secretary, Benjamin Diokno, in a move that has been seemingly in the works for quite some time......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Ralph Recto named as new Finance secretary 

In a statement, Senate President Juan Miguel Zubiri said that he welcomes Recto’s appointment as the new Finance chief, remarking that Recto was known in the Senate as the “resident numbers genius.”.....»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Putin is starting his 5th term as president, more in control of Russia than ever

Putin is starting his 5th term as president, more in control of Russia than ever.....»»

Category: newsSource:  sunstarRelated NewsMay 7th, 2024

ACEN receives $150 million green term loan from SMBC

A subsidiary of ACEN Corp. has inked a $150 million green term loan facility with Sumitomo Mitsui Banking Corp. to bankroll investments in renewable energy projects across the region......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Putin on his way to seal 5th term

Putin on his way to seal 5th term.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

President Marcos to finish agriculture reform program before term ends

The government’s agrarian reform program, which President Marcos said was an “unfinished battle” of his late father, would be finished before the end of his term  in 2028. .....»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

[ANALYSIS] A soft and range-bound stock market that has not lost its luster

Whatever your investment intentions are, stick to companies within the investment areas that both have short-term and long-term potential.....»»

Category: newsSource:  rapplerRelated NewsFeb 9th, 2024

Marcos admin eyes building 20 new dams by 2028

To meet the country’s growing demand for water and power, the government is eyeing to build 20 medium and three to five large dams by 2028, the end of President Marcos’ term, according to National Irrigation Administration head Eduardo Guillen......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024