DOST lauds Landbank support to Filipino inventors
The Department of Science and Technology–Technology Application and Promotion Institute (DOST-TAPI) feted state-run Land Bank of the Philippines headed by bankero Cecilia Borromeo for its contribution to the development of science and technology in the country.
Banks stress importance of cyber security as hacktivists step up activities
The Bankers Association of the Philippines (BAP) led by bankero Tony Moncupa said “hacktivists” continue to step up attacks as more Filipinos embrace digitalization amid the COVID-19 pandemic.
Philippines withdraws from global initiative on extractives transparency
The Philippines has withdrawn from the Extractive Industries Transparency Initiative (EITI) on the back of questionable metrics and procedures for assessing the compliance of implementing-countries with the international organization’s transparency requirements.
7 in 10 phishing attempts are finance-related – Kaspersky
Anonymized data voluntarily provided by Kaspersky customers showed that seven in 10 phishing attempts targeted finance-related transactions in the Philippines from February to April this year.
Philippines seen booking narrower budget deficit in 2022, 2023
The Philippines is seen recording a narrower budget deficit over the next two years amid higher revenues from a strong economy recovery, according to Fitch Solutions.