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Whoscall rolls out community-driven scam protection

Gogolook, a global trust tech company, unveiled a revamped version of its anti-scam app Whoscall on Thursday, targeting the growing incidence of scams in the Philippines. The update introduces AI-driven scam protection and a “growth-driven anti-scam community” that incentivizes users to report fraudulent activity.

RFM projects higher 2025 income despite floods

Food and beverage firm RFM Corp. projects improved income for 2025 on the back of higher product sales and softer commodity prices, despite logistics challenges caused by recent flooding in the third quarter.

BPI targets gig economy with new insurance plan

The Bank of the Philippine Islands (BPI), in partnership with BPI MS Insurance, has launched BPI Freelancer, a personal accident insurance product specifically designed for freelancers, consultants, digital nomads, and self-employed professionals. The service reflects BPI’s growing focus on inclusive financial solutions for non-traditional workers who typically lack access to formal employment benefits.

Lopez accelerates NSCR construction

Acting Transportation Secretary Giovanni Lopez has fast-tracked the construction of the Manila-Laguna segment of the North-South Commuter Railway (NSCR), following President Ferdinand Marcos Jr.'s directive to expedite key infrastructure projects. Demolition of old Philippine National Railways (PNR) stations from Sta. Mesa in Manila to Cabuyao, Laguna is being conducted simultaneously to accelerate viaduct construction.

PAL boosting domestic flights ahead of peak travel season

The Philippine Airlines (PAL) announced on Thursday that it will increase its domestic flight operations starting October, in preparation for the anticipated surge in travel demand during the peak season. The airline will operate 1,154 domestic flights weekly, marking a 7 percent increase in flights and adding over 14,000 seats to its network out of Manila.

Just in

ASEAN signs digital pact targeting $2T economy by 2030

ASEAN trade ministers have signed a landmark Digital Economy Framework Agreement (DEFA), establishing common rules for online commerce, digital payments and cross-border data flows in a bid to double Southeast Asia’s digital economy to USD2 trillion by 2030.

Philippines, Canada conclude FTA talks, target 2027 signing

The Philippines and Canada have concluded negotiations for a bilateral free trade agreement (FTA), setting the stage for expanded market access, greater investment flows and new opportunities for exporters, service providers and small businesses.

ADB: ASEAN needs USD7.1T for infrastructure, bankable projects lag

Southeast Asia needs an estimated USD7.1 trillion in infrastructure investment through 2040, but a shortage of commercially viable projects is preventing governments from mobilizing enough private capital to meet the region’s growing needs, Asian Development Bank (ADB) President Masato Kanda said Saturday.

A week of unfortunate events: Ay, naku!

If the past week's tea leaves had a message, it was this: ay, naku. The economy served up a one-two punch of sluggish growth and runaway prices, then appeared to ask whether we wanted seconds. Monday brought third-quarter GDP growth of 2.1 percent, down from 2.4 percent in the previous quarter and below the 2.8 percent consensus forecast. That marked five consecutive quarters of slowing growth and the weakest performance since the pandemic. October inflation, meanwhile, averaged 7.8 percent. Some wanted the monetary authorities to wield a bigger stick through a jumbo rate hike. Tame prices without choking an already parched economy? Sige, good luck. With stocks around 5,600 and the peso near P64 to the dollar, even sharply cheaper gasoline felt less like salvation than a promo expiring next week.
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