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    ‘Anti-smishing tool’ being developed by CICC, De La Salle CSB

    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.

    Trade deficit widens in August as growth in imports outpace exports

    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.

    Manufacturing, real estate at core of FDI net inflows rising 5.5% in July

    The Bangko Sentral ng Pilipinas (BSP) on Thursday reported foreign direct investment (FDI) net inflows in July reaching USD820 million. 

    Manila, Seoul partner on major infrastructure projects boosting mobility and economy

    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.

    Unemployment rate eases to 4 percent in August; services lead job creation

    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.

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    TDK taps Aboitiz for Laguna solar power project

    Aboitiz Upgrade Solar Inc. (AUSI), a renewable energy affiliate of Aboitiz Power Corp., has partnered with electronics manufacturer TDK Philippines Corp. (TPC) to install a 5.65-megawatt-peak (MWp) rooftop solar PV system across two TPC facilities in Laguna.

    President Marcos names DOJ’s Remulla as Ombudsman

    President Ferdinand R. Marcos Jr. has appointed Secretary of Justice Jesus Crispin “Boying” Remulla as the new Ombudsman, succeeding former President Rodrigo Duterte-appointee Samuel R. Martires whose term ended in July. Remulla, who has served Justice Secretary since 2022, is known for pushing reforms to modernize the justice system and fight corruption. With decades of experience as a legislator and lawyer, he is expected to uphold transparency and accountability. The Marcos administration has reiterated its zero-tolerance of corruption. Ombudsman, the government’s primary graft buster, serves a single 7-year term and can only be removed through impeachment for offenses such as treason, bribery, graft and corruption, or betrayal of public trust.

    DA measures help shield poor from inflation

    Targeted efforts by the Department of Agriculture (DA) to manage the supply and pricing of key food items, particularly rice, sugar, and corn, are helping protect the poorest Filipino households from the brunt of inflation, even as overall consumer prices rise.

    Foreign currency reserves rise in September

    The country's gross international reserves (GIR) increased to US$108.8 billion in September, up from US$107.1 billion at the end of August this year.

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