MANILA -Local companies are fortifying their cyber defenses to support remote working, which has become a preference for many employees since the onset of the pandemic that barred mobility, according to an enterprise cloud provider. Trend Micro Philippines country manager Ian Felipe, in an interview with the Inquirer, said that organizations “showed improvement in their cyber preparedness levels” as “robust cybersecurity enables Filipino employees to work from anywhere securely and efficiently.” ...
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Digitalization efforts in the Philippine payments system are on track to meet the target of converting half of total retail payments into digital form in 2023, according to the Bangko Sentral ng
MANILA -The Philippine Council for Agriculture and Fisheries (PCAF) is keen on eliminating unreliable and noncompliant suppliers to improve the procurement of agri-fishery machinery and infrastructure. In a statement, PCAF said stakeholders agreed that blacklisting should not be automatically revoked upon completion of the ban period for the errant supplier or constructor. It also said suppliers whose certificates of accreditation had been suspended or revoked and those who had been blacklisted by the Government Procurement Policy Board should ...
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GANDHINAGAR, India – Multilateral development banks (MDBs) must undergo big changes in the way they operate to eliminate poverty, triple sustainable lending levels by 2030 and create a new funding mechanism to further its agenda, a G20 panel said in a report on Tuesday. The independent panel, headed by economists Lawrence Summers and N.K. Singh, was commissioned by the Group of 20 nations to propose reforms for MDBs with a focus on increasing funding for sustainable developments goals and climate change, among others. ...
Institutional stock brokerage Philippine Equity Partners Inc. (PEP), which has a consistently enviable ranking among independent and locally owned brokerage houses, emerged as the top broker in the local stock market in 2022, based on value turnover. Recall that in 2016, Lorenzo Andres “Randy” Roxas bought into the brokerage house after bowing out as chair and president of Maybank ATR Kim Eng Securities. PEP itself was formed in 2001 following the management buyout of shares in the Philippine unit of Merrill Lynch. To date, PEP still handle ...
A town in Occidental Mindoro will get a P60-million rice processing system (RPS) designed to reduce farmers’ postharvest losses and improve the quality of milled rice, the Philippine Center for Postharvest Development and Mechanization (PHilMech) said. In a statement, PHilMech said they recently broke ground in Rizal town one unit of multi-stage rice mill and two units of mechanical dryers. “This project is a complementation effort of PHilMech and the [local government] of Rizal, which aims to reduce postharvest losses among the farmers’ ...
Gokongwei-led Universal Robina Corp. (URC) is forming a joint venture company with a waste management firm to set up projects addressing plastic waste produced by the food and beverage giant. ; In a stock exchange filing on Tuesday, URC said its board of directors had approved the incorporation of its planned joint venture with Greencycle Innovative Solutions Inc. ; URC, the maker of the bottled C2 iced tea and Vcut chips, added that the venture may start operations in September, pending regulatory approval. ; READ: Risks loom as worsening garbage mess pushes deep PH dive into waste-to-energy