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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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Aznar Shipping files IPO to fund expansion

Cebu-based Aznar Shipping Corp. has filed with the Securities and Exchange Commission (SEC) to raise as much as P670 million through an initial public offering (IPO), as the regional operator seeks capital to expand its fleet and supporting infrastructure across the Visayas.

President Marcos secures $75M India pledges targeting rural health, digital rails

President Ferdinand Marcos Jr. locked in strategic expansion commitments from Indian conglomerates, anchoring a diplomatic push with USD75 million in immediate investments from iSON Group projected to generate 2,000 local jobs.

DOTr rolls out monthly financial aid to PUV operators

Starting this September, the Department of Transportation (DOTr) is providing targeted financial assistance to transport cooperatives and corporations struggling with monthly loan payments, to keep modern public utility vehicles (PUVs) running and protect workers’ livelihoods.

New 8-car EMU trainset delivered for North-South Commuter Railway

The Department of Transportation (DOTr) announced the arrival of a new eight-car electric multiple unit (EMU) trainset built for the Malolos-Tutuban segment of the North-South Commuter Railway (NSCR). This marks the fourth trainset secured for the project.

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