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FPRRD opposes disguised Charter change initiative
Former President Rodrigo R. Duterte has vehemently opposed the disguised People’s Initiative for Charter change, denouncing the cash-for-signature campaign as repugnant and a disgraceful act during a YouTube interview with Banateros Brothers on January 22, 2024. Duterte emphasized his disapproval of the initiative, urging for it to be halted, particularly criticizing the payment of individuals to sign the documents. He warned that such actions could lead to a new Constitution that might destroy the nation and open avenues for political abuses. Duterte stressed the importance of democracy in the Philippines, asserting that those seeking to remain in power should go through the electoral process. He highlighted that a well-performing and non-corrupt individual would retain power, while those with poor performance would be ousted through the electoral process. Expressing satisfaction with the current Constitution, Duterte argued that it has contributed to stability, reducing conflicts with groups like the New People's Army (NPA). He strongly advised against meddling with the Constitution, cautioning that it would only bring trouble to the country. Duterte pledged active opposition to the initiative, stating that he would campaign against it. Additionally, residents of Calinan District, Vice President Sara Duterte, and Representatives Isidro Ungab and Paolo Pulong Duterte have also voiced opposition to the People's Initiative for Charter Change. Margarita Atty. Migs Nograles, the representative of the Pwersa ng Bayaning Atleta (PBA) Partylist, alleged to have started the cha-cha signature campaign, has yet to issue an official statement on the matter as of the latest update. Related stories include the denouncement of alleged `vote buying’ in signing the petition for Cha-cha by Davao City lawmakers, Vice President Duterte's condemnation of the cash-for-signature drive, and a prayer rally against PI’s Cha-cha on Jan 28......»»
Companies State it Takes More Than 6 Months to Fill Cybersecurity Positions
The latest Kaspersky survey found that 48% of companies require over half a year to find a qualified cybersecurity professional. A lack of proven experience was cited as one of the biggest challenges, along with the high cost of hiring and global competition in talent acquisition. With global labor markets continuing to clamor for InfoSec […].....»»
USB hack attacks: Philippines ranks 3rd in SEA
Global cybersecurity company Kaspersky has called on Filipinos to be cautious in plugging in memory storage universal serial bus devices to their computers unless these have been scanned, following the release of data that 36.80 percent of users in the Philippines were attacked by local threats from such devices last year......»»
Cybercrime AI Experimentation in the Dark Web
Kaspersky’s Digital Footprint Intelligence service has found nearly 3,000 dark web posts mainly discussing the use of ChatGPT and other LLMs for illegal activities. Threat actors are exploring schemes, from creating nefarious alternatives of the chatbot to jailbreaking the original and beyond. Stolen ChatGPT accounts and services offering their automated creation en masse are also […].....»»
Why Saving More than 20% Can Boost Your Finances
The 50/30/20 budgeting rule is a popular financial guideline that suggests allocating 50 percent of your income to needs, 30. percent to wants, and 20 percent to savings and debt repayment. While saving 20 percent is a significant step towards financial security, there are compelling reasons to push beyond this benchmark if your budget allows. […].....»»
New Angkas app redefines motorcycle rides
Homegrown motorcycle taxi firm Angkas has unveiled a new app to redefine motorcycle taxi service and set a new benchmark for speed, safety and efficiency......»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
BSP to keep policy stance unchanged
Monetary authorities may keep the benchmark interest rates unchanged in the near term as inflation quickened for the first time in five months, and could accelerate further to above the two to four percent target in the second quarter......»»
Market steps closer to 7,000 level
Investors yesterday pushed the benchmark index to within the 7,000 territory, as they opened the week making bets on local stocks ahead of the reporting February inflation......»»
BSP keeps policy rate at 6.5%
In the MB’s first policy rate meeting in 2024, the MB held steady at a 6.5% benchmark interest rate as the country’s inflation risks continued to lean on the upside. .....»»
Arkema named 2024 top employer in 10 countries, including Philippines
Arkema has been certified as Top Employer in 2024, a recognition that has now extended to 10 countries, including Bostik Philippines, for its excellent human resources practices and as “benchmark employer” in nations where it operates. .....»»
Xinhua world economic news summary at 0900 GMT, Jan. 31
TOKYO -- Tokyo stocks closed higher on Wednesday, as investors took an optimistic attitude for the domestic earnings season over positive results reported by Japanese firms. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average ended up 220.85 points, or 0.61 percent, from Tuesday to close the day at 36,286.71. The broader Topix index, meanwhile, finished 24.17 points, or 0.96 percent,.....»»
Index upside points to 7,000 level
The benchmark Philippine Stock Exchange index could retest the 6,700 resistance this week and break toward 7,000 in the near-term, analysts said......»»
Dito ends Smart’s streak as Philippines fastest operator
Industry disruptor Dito Telecommunity Inc. outpaced its competitors in the speed contest in the first quarter, showing its aggressive stance despite its young network and financial struggles......»»
Padawan settles for 7th place in DATBI Invitational kegfest
CEBU CITY, Philippines — Cebuano bowler Aui Padawan wrapped up his mixed masters campaign in the 19th Dagupan Association of Tenpin Bowlers, Inc. (DATBI) Invitational Open Championships at seventh place last weekend in Dagupan City. Padawan, who plays for the Sugbuanon Bowlers United (SUGBU), finished seventh overall among 31 other competitors in the coveted mixed.....»»
Chen leads ICTSI cast at Luisita
Yu-Ju Chen leads a formidable lineup of competitors from the LPGA of Taiwan in the ICTSI Luisita Ladies International 2024, ready to go head-to-head with the country’s best and top players from the Asia Golf Leaders Forum......»»
TLPGA stars test mettle in ICTSI Luisita International golf tilt
Yu-Ju Chen leads a formidable lineup of competitors from the LPGA of Taiwan (TLPGA) set to compete in the ICTSI Luisita Ladies International 2024, ready to go head-to-head with the country’s best and top players from the Asia Golf Leaders Forum......»»
IRONMAN 70.3 Lapu-Lapu stakes world championship slots
As the IRONMAN 70.3 Lapu-Lapu kicks off this Sunday in Mactan, Cebu, competitors will vie not only for titles across numerous age groups but also for the coveted chance to participate in the 2024 VinFast IRONMAN 70.3 World Championship......»»
World tilt berths up for grabs in IRONMAN 70.3 Lapu-Lapu
As the IRONMAN 70.3 Lapu-Lapu kicks off this Sunday, April 21, in Mactan, Cebu, competitors will vie not only for titles across numerous age groups but also for the coveted chance to participate in the 2024 VinFast IRONMAN 70.3 World Championship......»»