Grab PH announces new country head
The Philippine office of ride-hailing app, Grab, announced the appointment of its new country head.
Privacy Commission to go after businesses using contact tracing info for marketing gimmicks
The National Privacy Commission (NPC) warned business establishments using for marketing purposes data collected from their customers’ contact tracing forms that they could face hefty fines and jail time if they don’t cease from the illegal practice.
PLDT: ‘Countermeasures in place to reinforce cybersecurity’
Cathy Yap-Yang, head of PLDT’s corporate communications, said in a letter to PressOne.PH that the 10 data breaches in 2019, mentioned in a filing with US corporate regulators, had been addressed in compliance with requirements set by the Philippines’s National Privacy Commission.
PLDT reports 10 data breaches in 2019; says it’s ‘less effective’ in deterring cyber threats
PLDT fought off 10 data breaches in 2019, the company said in a regulatory filing submitted to the Securities and Exchange Commission in the United States.
Inflation accelerates to 2.7% in July
The Philippine Statistics Authority (PSA) reported a higher inflation rate of 2.7 percent for July 2020, from June’s 2.5 percent, as the economic crunch due to the pandemic bore down on transport costs.
Telcos can now secure tower permits in less than a month – DILG
Interior Secretary Eduardo Año on Sunday, August 2, assured telco players that securing government permits to build cellular towers would now only take less than a month to process, instead of six to seven months.
DTI: Dine-in restaurants, gyms, salons ‘not allowed’ under MECQ
Dine-in restaurants, barbershops, salons, gyms, and other businesses have been ordered to temporarily shut down as Metro Manila and other nearby provinces were placed under the Modified Enhanced Community Quarantine (MECQ) by President Rodrigo Duterte from Aug. 4 to 18.
Meralco H1 net income plunges due to pandemic
Meralco on Thursday reported that its first-half net income plunged to P6.8 billion from last year’s P12 billion largely due to the coronavirus pandemic.
BSP launches ‘enhanced’ banknotes with anti-counterfeiting technology
The Bangko Sentral ng Pilipinas (BSP) on Wednesday released “enhanced” banknotes to aid the elderly and visually impaired.
NETFLIX TAX: House committee approves 12% VAT on digital transactions
Source: Official Twitter account of the House of Representatives @HouseofRepsPH The House Committee on Ways and Means approved on Wednesday a bill that imposes the 12-percent value added tax (VAT) on digital transactions. The committee proposed amendments to several...
San Miguel starts mangrove planting to solve flooding ahead of Bulacan airport construction
San Miguel Corp. has started a "massive" mangrove planting project aiming to plant some 190,000 mangroves over 76 hectares of coastal areas in the province and parts of Central Luzon, to mitigate flooding ahead of the construction of the Manila International Airport....
Agriculture dep’t transfers P1.44B to Landbank for lending to farmers
The Department of Agriculture has made available an additional P1.44 billion worth of loans for farmers, fisherfolk, and agri-entrepreneurs under the Agricultural Competitiveness Enhancement Fund credit program.
Dominguez: Debt ratio ‘manageable, affordable’
Finance Secretary Carlos Dominguez III on Wednesday said the country’s debt levels remained manageable despite new borrowings to finance the Covid-19 response.
Inflation ‘limited’ to 2.5% in June as coronavirus lockdowns take toll on economy
Consumer inflation stood at 2.5 percent in June 2020, up after four consecutive months of deceleration, the Philippine Statistics Authority (PSA) reported.
Gov’t borrowings in January to April of P1.22 trillion surpassed 2019 total – DOF
Finance Secretary Carlos Dominguez III said on Tuesday the government’s borrowings from January to April 2020 reached P1.22 trillion, surpassing the P1.02 trillion the country borrowed for the entire 2019.
Pre-SONA event to present economic recovery program
The government will lay down its plan for the country’s economic rehabilitation in next week’s first Pre-State of the Nation Address forum, the Department of Finance said.