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    DICT assess impact of Microsoft global software outage on local business, economy

    The Department of Information and Communications Technology said Friday it is assessing the impact on local companies and the broader economy of the global software outage caused by an alleged faulty update at Microsoft by its cybersecurity provider.

    Philippines wins Best Ports of Call 2024 at Asia Cruise Awards

    The Philippines clinched the prestigious Best Ports of Call 2024 award at the 10th Asia Cruise Awards in Jeju Island, South Korea, affirming its status as a top cruise tourism destination.

    Rice, sugar prices eased in early July; chicken, galunggong rise—PSA survey

    Prices of rice and sugar ease in early July from their levels in June but cost of chicken and galunggong rose, results of the regular price monitoring of the Philippine Statistics Authority showed.

    Bank lending to agri sector, treated as problematic, forecast significantly improved in joint BSP-DA survey

    Bank lending to the agricultural sector, historically low and problematic, showed promise in latest survey jointly conducted by the Bangko Sentral ng Pilipinas (BSP) and the Agricultural Credit Policy Council (ACPC), which works under the Department of Agriculture (DA).

    Five-month remittances rise 3% to $14.89 billion

    The personal remittances of overseas Filipinos in the first five months this year rose 3.0 percent to USD 14.89 billion from only USD14.46 billion in the year-ago period, the Bangko Sentral ng Pilipinas said on Monday.

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    Fuel prices roll back today

    Fuel prices are coming down today, giving motorists some relief during Christmas week.

    Kaspersky warns of rising online scams during holiday season

    Kaspersky has warned Filipinos to be on alert for online scams as digital shopping and cashless payments increase during the holiday season in the Philippines.

    Metals mania signals rate cut, USD doubts

    Metals are having a moment. And it is loud, shiny, and unapologetically macro. 

    Sumitomo Mitsui raises stake in RCBC for P6.4B

    Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has raised its stake in Rizal Commercial Banking Corp. (RCBC), acquiring an additional 4.46 percent equity interest worth P6.4 billion and boosting its total ownership to 24.46 percent.

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