The Cybercrime Investigation and Coordinating Center (CICC) received 10,004 cybercrime complaints in 2024, more than three times the 3,317 reports in 2023. Victims lost nearly â‚˝198 million, marking the first release of data on actual losses from cybercrime.
CICC Executive Director Alexander K. Ramos attributed the increase to growing public awareness and more people reporting scams. “In previous years, many didn’t realize they were being scammed or didn’t know where to report it,” he said.
BDO Unibank Inc., the country’s largest lender by assets, said Friday its board approved a cash dividend declaration for its series A preferred shares at a rate of 6.5 percent a year at par value.
The Mactan-Cebu International Airport (MCIA) has opened a new 2.56-kilometer parallel runway, a strategic infrastructure development aimed at supporting the region's growing tourism and economic activities.
The Philippine economy stands at a pivotal moment, with the World Bank projecting a strong growth rate of 6 percent from 2024 to 2026. However, the nation, energy advocates say, faces considerable challenges, particularly in its energy sector, which could undermine economic progress.
Chinabank clinched two prestigious Silver Anvils at the 60th Anvil Awards Gabi ng Parangal, highlighting its significant strides in both brand revitalization and employee engagement.
The Department of Agriculture (DA) has warned rice retailers, traders, and importers that violating the government’s newly imposed price ceiling on imported rice could lead to jail time, hefty fines, and even business closures under the Price Act.
The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), has scheduled a public scoping activity for the proposed 97-megawatt (MW) Magat pumped-storage hydro (PSH) project worth P13.5 billion in the provinces of Isabela and Ifugao.
Motorists need to prepare for another round of fuel price increases this week, with both gasoline and diesel expected to become more expensive due to rising global oil prices and renewed tensions in the Middle East.
Jollibee Foods Corporation expects both same-store sales and system-wide sales to grow by a single-digit rate this year, even after implementing price increases across its stores, company executives said.