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PDIC studying increase in bank deposit protection limit

The Philippine Deposit Insurance Corp said that it is conducting a study to determine if the current protection limit of P500,000 should be increased along with the introduction of other measures to “instill market discipline”......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 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

BSP to strengthen consumer protection

The Bangko Sentral ng Pilipinas is further strengthening consumer protection measures as complaints breached the 30,000 level from January to September last year......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Groups hail SC decision granting amparo petition for ex-Bayan Muna solon

In the decision released on Tuesday, the Supreme Court said that red-tagging and guilt by association threatens an individual’s right to life, liberty and security......»»

Category: newsSource:  philstarRelated NewsMay 8th, 2024

Solon bats for expansion of motorcycle taxis outside Metro Manila

A House lawmaker has voiced his support for expanding the government's allotment of motorcycle taxis outside Metro Manila as the Land Transportation Franchising Regulatory Board is set to greenlight the participation of more players in its pilot study......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Expelled solon Teves eyes political asylum; detention extended

The legal team of expelled lawmaker Arnolfo Teves Jr. is looking to exhaust all legal remedies possible, including political asylum in Timor-Leste, Teves' lawyer Ferdinand Topacio said......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

We’re working on it : DOJ says on expelled solon Teves’ extradition

The Department of Justice said it is working on extraditing expelled lawmaker Arnolfo Teves Jr. after a Manila court ordered the cancellation of his passport......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2024

Solon wants to pause PhilHealth contributions for minimum wage earners

A lawmaker is seeking a temporary suspension of the PhilHealth premium contributions for minimum wage earners to utilize the unspent funds of the state insurer to subsidize the premiums of low-income individuals......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Progressive groups, solon decry UST admin s photo takedown order

In a statement by TomasinoWeb, it said that the university administration instructed the organization to take down the photo as it allegedly caused “public ridicule” to students and the university due to a supposed “association of the Type B uniform with convenience store employee’s uniform.”.....»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

DFA ordered to cancel expelled solon Arnie Teves’ passport

In a resolution dated February 8, Manila Regional Trial Court Branch 51 ordered the Department of Foreign Affairs to cancel Teves’ passport, citing the former lawmaker’s “designation” by the Anti-Terrorism Council, which served as grounds for the revocation of his documents......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

ACT solon moves to probe efforts to jumpstart Cha-cha

MANILA, Philippines — A resolution seeking to investigate the reported signature-buying and the alleged use of public funds to push for constitutional reform or Charter change (Cha-cha) through the “so-called” people’s initiative (PI), has been filed in the House of Representatives. Alliance of Concerned Teachers Rep. France Castro said on Sunday that she electronically filed.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

385 farmers affected by El Niño get fuel subsidy

385 farmers affected by El Niño get fuel subsidy.....»»

Category: newsSource:  sunstarRelated NewsMay 17th, 2024

PCIC distributes checks worth P1M to Kabankalan farmers

PCIC distributes checks worth P1M to Kabankalan farmers.....»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024

Road construction for farmers is underway in Tarangnan, Samar

A farm-to-market road (FMR) is being constructed from Barangays Majacob to Sugod in the Municipality of Tarangnan, Samar to address the problem of farmers in the transportation of goods......»»

Category: newsSource:  inquirerRelated NewsMay 14th, 2024

Pinoy farmers’ income up by 20 percent – World Bank

Filipino farmers’ income has increased by 20 percent as a result of World Bank-funded projects under the Philippine Rural Development Project (PRDP), with the country receiving a satisfactory rating on the implementation of the $600 million loan project......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

Corn, rice farmers get P11.8-M agricultural assistance, inputs

Corn, rice farmers get P11.8-M agricultural assistance, inputs.....»»

Category: newsSource:  sunstarRelated NewsMay 12th, 2024

Barmm distributes machinery to 45 farmers cooperatives

Barmm distributes machinery to 45 farmers cooperatives.....»»

Category: newsSource:  sunstarRelated NewsMay 12th, 2024

Negros Oriental to buy P20-M rice, equipment for El Niño-hit farmers

Negros Oriental to buy P20-M rice, equipment for El Niño-hit farmers.....»»

Category: newsSource:  sunstarRelated NewsMay 9th, 2024

Ilocos Norte town eyes solar power irrigation system to aid farmers

Ilocos Norte town eyes solar power irrigation system to aid farmers.....»»

Category: newsSource:  sunstarRelated NewsMay 4th, 2024

CL farmers get land titles

CL farmers get land titles.....»»

Category: newsSource:  sunstarRelated NewsMay 2nd, 2024