The inter-agency Cybercrime Investigation and Coordinating Center (CICC) has issued a warning to content creators in the country, urging them to stop promoting illegal online gambling platforms.
The Manila Electric Co (Meralco) on Friday announced a P0.4883 per kilowatt-hour (kWh) increase in electricity rates for July, raising the overall rate to P12.6435/kWh from last month’s P12.1552/kWh. This follows two consecutive months of rate reductions totaling P0.8575/kWh, signaling a reversal that could significantly impact both households and businesses.
Net foreign direct investment (FDI) into the Philippines reached US$610 million in April, up 7.1 percent year-on-year, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).
The Philippines' unemployment rate eased in May, as the economy generated more jobs, reducing the number of Filipinos without work compared to both April this year and May of the previous year.