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Senate creates TWG on anti-financial scams bill
The Senate has created a technical working group) to fine-tune the provisions of the proposed Anti-Financial Account Scamming Act which seeks to protect the transacting public from digital fraud......»»
1,308 Zambo Sur militiamen get financial gift
1,308 Zambo Sur militiamen get financial gift.....»»
Donald Trumps $3.5bn windfall at stake in Spac deal showdow
The Financial Times, known for its in-depth coverage of global business, economics, and politics, is now offering a special subscription deal for its print edition......»»
PH Posted a USD639-M Deficit in April BSP Reports
The latest report by the Bangko Sentral ng Pilipinas (BSP) revealed that the country’s balance of payments (BOP) deficit of USD639 million in April this year. According to BSP, this year’s deficit is said to be USD148 million more than in April 2023. What is a BOP? It is a financial statement of a country […].....»»
Southeast Asia firms face threat of digital break-in–report
Cybersecurity leader Kaspersky has neutralized more than 61 million brute force attacks against businesses in Southeast Asia, including about five million in the Philippines, warning companies to raise their digital defenses or suffer financial consequences......»»
East Asia and Pacific to see moderate growth
The East Asia and the Pacific region is expected to have moderate growth this year amid headwinds from tight financial conditions and geopolitical rifts, according to a new report from the World Economic Forum......»»
How to Take Advantage of the Sinulog Season
The festive Sinulog season is now once again upon us, and entrepreneurs once again have a unique chance to tap into the dynamic energy and vibrant spirit that comes with the celebration. The Sinulog Festival is now not only a cultural extravaganza and a religious event but also a potential goldmine for businesses willing to […].....»»
VP Sara ready to face ICC charges only before a Filipino court
Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»
PDIC now accepts digital payments through Land Bank of the Philippines’ Link.BizPortal facility
PDIC now accepts digital payments through Land Bank of the Philippines’ Link.BizPortal facility.....»»
PhilSys ID registration now open for kids under 4 years old
CEBU CITY, Philippines — Children up to four years old can now sign up for their Philippine Identification System (PhilSys) ID, according to an official from the Philippine Statistics Authority in Central Visayas (PSA-7). Edwina Carriaga, the chief administrative officer of PSA-7, told CDN Digital that parents don’t need to bring their children to the registration.....»»
First Bulacan, now NAIA: San Miguel-led group will operate Philippines’ main airport
(1st UPDATE) Ramon Ang first reached for the skies in 2020 when he snapped up the franchise for an international airport in Bulacan. Now, San Miguel and its partners have bagged an even bigger prize in NAIA......»»
China urges Philippines not to play with fire on Taiwan question
The Chinese Foreign Ministry on Thursday urged the Philippines not to "play with fire" on the Taiwan question. According to reports, the Philippines' defense chief has ordered the military to boost the number of troops and structures on the Batanes islands which are less than 200 km from China's Taiwan region. In response at a daily press briefing, Wang Wenbin, a spokesperson for the Chinese Foreign Minis.....»»
China urges Philippines not to play with fire on Taiwan question
The Chinese Foreign Ministry on Thursday urged the Philippines not to "play with fire" on the Taiwan question. According to reports, the Philippines' defense chief has ordered the military to boost the number of troops and structures on the Batanes islands which are less than 200 km from China's Taiwan region. In response at a daily press briefing, Wang Wenbin, a spokesperson for the Chinese Foreign Minis.....»»
PH Inflation Sees Huge Dip in January 2024 Now at 2.8%
The country’s headline inflation has taken a significant dip, currently standing at 2.8%, according to the latest report from the Philippines Statistics Authority (PSA) released on February 6, 2024. According to PSA, this marks the lowest rate recorded since October 2020, showing a considerable drop from December 2023’s 3.9 percent and a noteworthy decrease from […].....»»
2 mln children in Philippines suffer from food poverty: UNICEF
MANILA, June 6 (Xinhua) -- An estimated 2 million children in the Philippines are suffering from severe food poverty, being unable to get enough healthy food, according to a new UNICEF report released on Thursday. The global report Child Food Poverty: Nutrition Deprivation in Early Childhood said that around 181 million children worldwide under five years of age, or one in four, are experiencing severe child foo.....»»
2 mln children in Philippines suffer from food poverty: UNICEF
MANILA, June 6 (Xinhua) -- An estimated 2 million children in the Philippines are suffering from severe food poverty, being unable to get enough healthy food, according to a new UNICEF report released on Thursday. The global report Child Food Poverty: Nutrition Deprivation in Early Childhood said that around 181 million children worldwide under five years of age, or one in four, are experiencing severe child foo.....»»
Unidentified dead man found floating in Tuburan river
CEBU CITY, Philippines – The decomposing body of a man, whose head was covered with a garbage bag, was found floating in a river in Sitio Kaduldulan, Brgy. Mangga, Tuburan town in northwestern Cebu on Thursday, June 6. Police, in a report, said that they received a report from an official of the barangay about.....»»
DCPO slams report of 37 cops dismissed due to illegal drug use
DAVAO CITY (MindaNews / 04 June) – The Davao City Police Office (DCPO) on Tuesday blasted a report in Metro Manila that 37 of their personnel had tested positive for using illegal drugs. “We want to make this clear… There are no DCPO personnel who were recently tested positive for illegal drugs,” Captain Hazel Tuazon, DCPO spokesperson, […].....»»
Senate report on divorce bill gains support from senators
Sen. Loren Legarda on Thursday expressed openness to legalize divorce after signing the committee report of the Senate version of the divorce bill......»»
Pakistan: Abusive Evictions Target Urban Poor
(New York) - Pakistani authorities frequently use colonial-era laws and policies to forcibly evict low-income residents, shop owners, and street vendors to enable public and private development projects, Human Rights Watch said in a report released today. The 48-page report, "'I Escaped with Only My Life:' Abusive Forc.....»»