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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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Excise tax, VAT suspension risks fiscal hole, Senate told

The Philippine government could forgo as much as P272.83 billion in revenues in 2026 if excise taxes and value-added tax (VAT) on fuel imports are suspended, according to estimates presented by the Bureau of Customs (BOC) during a Senate hearing on March 11.

SRA holds talks with sugar industry on programs supporting prices

The Sugar Regulatory Administration (SRA) met with local sugar producers, millers, and labor representatives this week to discuss ways to address current challenges in the sugar sector.

DA seeks more funds to expand fuel subsidies for farmers, fishers

The Department of Agriculture (DA) is exploring additional funding sources to provide fuel subsidies to more farmers and fisherfolk across the country.

PUV drivers to receive P5,000 fuel subsidy starting March 17

The Department of Transportation (DOTr) will begin distributing a P5,000 fuel subsidy to public utility vehicle (PUV) drivers in Metro Manila on March 17, 2026, as the government moves to ease the impact of rising oil prices linked to tensions in the Middle East.

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