PHILIPPINE enterprises should invest more in data protection next year, with a global security solutions firm warning that the continuing problem of business email compromise may lead to over $9 billion in losses. Trend Micro, Inc. said in a report dubbed “Paradigm Shifts: Trend Micro Security Predictions for 2018,” that digital extortion, business email compromise, […]
Read MoreOn December 19, the current administration rolled out what it touted as its early Christmas gift to Filipinos: Republic Act (RA) No. 10963, or the Tax Reform Act for Acceleration and Inclusion (TRAIN). Congress approved and ratified the final version of the reform after the bicameral conference committee reconciled the conflicting provisions of the versions […]
Read MoreMANILA, Philippines — The high costs of power and shipping, coupled with smuggling and corruption continue to burden majority of Philippine industries, a report by the Board of Investments (BOI) showed. In a policy brief, the BOI said opportunities abound for the Philippines to transform and upgrade its industries given the country’s 105 million consumer […]
Read MoreMANILA, Philippines — Four other companies from Japan, South Korea, US, and Australia are interested to partner with local firms and become a third telco player in the country, according to the Department of Information and Communications Technology. DICT officer-in-charge Eliseo Rio Jr. said in a press conference companies from Japan, South Korea and the […]
Read MoreThe country’s November balance of payments (BoP) position was a deficit of $44 million, the Bangko Sentral ng Pilipinas (BSP) reported late on Tuesday, smaller than the $368-million and $1.67-billion shortfalls recorded in October and a year earlier. “Outflows in November 2017 stemmed mainly from payments made by the national government for its maturing foreign […]
Read MoreEconomic managers on Tuesday welcomed President Rodrigo Durterte’s signing of Republic Act 10963 or the Tax Reform for Acceleration and Inclusion (Train) law, which they claimed would usher in “real positive change” in terms of the country’s development. Finance Secretary Carlos Dominguez 3rd described the law’s approval as a “sign of maturity” for the Philippine […]
Read More
Thailand
