The Cybercrime Investigation and Coordinating Center is collaborating closely with De La Salle College of Saint Benilde to develop a new tool for detecting and suppressing smishing.
The trade deficit continued to widen in August to USD4.38 billion from USD4.11 billion in the year-earlier period as import growth continued to outpace the increase in exports.
Finance Secretary Ralph G. Recto on Wednesday announced financing agreements with the government of South Korea for three major infrastructure projects aimed at enhancing mobility and fostering economic growth in the Philippines, particularly in Luzon and the Visayas.
The unemployment rate eased to 4.0 percent in August, with the economy creating more jobs, particularly in the services sector.The August print is down from 4.4 percent in August 2023 and 4.7 percent last July.
The Department of Agriculture (DA) said the ban on sugar imports will remain in place until December 2026, clarifying that it will not end in September 2026 when the current crop year ends.
The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) 500-kilovolt substation project in Milaor, Camarines Sur, which will serve as a connection point for offshore wind power projects. The project costs P12.96 billion.
The Department of Energy (DOE) said a new debt restructuring agreement between Kaltimex Rural Energy Corp. and the Tawi-Tawi Electric Cooperative (Tawelco) is expected to address around P400 million in unpaid obligations and help stabilize electricity service in the province, particularly in Bongao.
DM Wenceslao & Associates Inc.’s 8912 Asean Avenue has secured a major regulatory boost after the government declared the property a Philippine Economic Zone Authority–registered Information Technology Center, strengthening Aseana City’s appeal to global IT and business process management locators.