BSP deploys new anti-scam law to probe flood control corruption accounts
The Bangko Sentral ng Pilipinas (BSP) has launched an investigation into bank accounts linked to the recent flood-control corruption controversy, invoking for the first time the newly enacted Anti-Financial Account Scamming Act (AFASA), or Republic Act No. 12010.
AMLC freezes assets of DPWH officials, contractors linked to ‘ghost projects’
The Anti-Money Laundering Council (AMLC) has issued freeze orders on the assets and bank accounts of multiple Department of Public Works and Highways (DPWH) officials and private contractors allegedly involved in fraudulent or “ghost” infrastructure projects, according to Public Works Secretary Vince Dizon.
PAL tops Asia-Pacific for on-time performance in August
Flag carrier Philippine Airlines (PAL) has been named the most punctual airline in the Asia-Pacific region for August 2025, achieving an on-time performance (OTP) rating of 89.37 percent, according to global aviation analytics firm Cirium.
Grab faces new oversight in driver incentives
Grab Philippines has signed a new agreement with the Philippine Competition Commission (PCC) to extend the regulatory review of its driver incentive program by another year, underscoring ongoing corporate oversight following its 2018 acquisition of Uber’s Southeast Asia operations.
APECO upskills locals for tech-driven jobs
A total of 277 individuals, including 35 APECO employees, graduated Monday from the joint Computer Literacy Program spearheaded by the Aurora Pacific Economic Zone and Freeport Authority (APECO), in partnership with TESDA and the Fil-Chi Love and Care Foundation, Inc.
