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PH exports surpass $100-B milestone in 2023, driven by IT-BPM and tourism sectors

Philippine services exports emerged as a powerhouse, with the sector experiencing a significant expansion of 17.4%, driving much of the overall export growth.

Suspected Chinese consultancy firms recruiting Pinoy military, gov’t researchers

Facebook pages posing as Western military consultancy firms but may be linked to China, appear to be targeting Filipino defense industry researchers and analysts, a study by Newsbytes.PH showed.

SEC proceeds with blocking of Binance for failing to register in PH

In November last year, a Binance spokesperson based in South Korea told Newsbytes.PH that it has stopped its marketing activities in the Philippines while it seeks to comply with local regulations. It appears, however, that it did file any paper works to legalize its presence in the country.

Report: China-backed cyber spy group infiltrated PH gov’t in 2023

A potentially damning report from Israel-based cybersecurity firm Cyberint has revealed that Chinese state-sponsored advanced persistent threat (APT) group “Mustang Panda” conducted three cyber espionage campaigns against entities in the South Pacific, including the Philippine government, in August 2023.

BSP, SEC warn public against firm offering ‘cloud mining machines’

The Bangko Sentral ng Pilipinas (BSP) asked the public to be discerning of the claim of a company called SK Pools Mining Corporation that its “products, services, and assets are licensed, authorized, guaranteed, verified, certified, or confirmed by the BSP.”

Cybercrime agency warns against scams this Holy Week break

The Cybercrime Investigation and Coordinating Center (CICC) has identified several scams that the public should be vigilant about, including fake accommodations, where villas, apartments, or seemingly legitimate hotel rooms that are advertised at “unbelievably low rates” but are non-existent.

NEDA stresses need to enhance connectivity, calls for passage of Open Access Bill

NEDA secretary Arsenio Balisacan told a forum that access to reliable Internet services is no longer a luxury but a fundamental prerequisite for inclusive socioeconomic development.

NTC orders blocking of unlicensed online investment platform

The National Telecommunications Commission (NTC) has initiated the blocking of websites and apps offering investment opportunities without the necessary license, upon the request of the Securities and Exchange Commission (SEC).

RTC judge dismissed after SC finds corrupt acts via broken laptop

The SC’s Management Information Systems Office (MISO) examined a returned laptop and found a backup of iPhone messages, some of which showed that RTC judge Edralin C. Reyes was engaged in corrupt practice.

SEC issues stoppage order against bogus Ayala Group

The SEC issued the order after it found that the bogus Ayala Group has been conducting an unregistered investment scheme called Tasking and Recharging, which offers online jobs to prospective investors who are tasked to perform certain tasks in exchange for commissions.

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