Risk Profiles - Philippines

Unionbankph

After credit card hack, Gatchalian urges Senate probe into rise of payment fraud Phishing and card fraud has proliferated in the country as Filipinos embraced online transactions during the coronavirus pandemic

"Experts from the University of the Philippines (UP) had “no right” to criticize the Manila Bay makeover project, Department of Environment and Natural Resources (DENR) spokesperson Benny Antiporda said on Wednesday as he berated them for allegedly receiving millions in consultation fees."

‘Bayaran kayo:’ DENR exec berates UP experts over multi-million consultation fees - YouTube Experts from the University of the Philippines (UP) had “no right” to criticize the Manila Bay makeover project, Department of Environment and Natural Resour...

"Despite the presence of multiple militant groups in the Philippines who have made pledges of allegiance, or bayah, to Islamic State, the Philippine’ government and Armed Forces (AFP) have downplayed this threat. The statements they’ve made continuously ignore the reality of ISIS in the Philippines. This is partially due to the AFP deliberately downplaying the threat from ISIS by making false statements, something they’ve admitted to. At the same time, the Philippine government and the AFP have also managed to genuinely underestimate ISIS, likely in part due to the public downplaying of the threat as well as systematic intelligence failures."

Misinformation and intelligence failures: How the Philippines underestimates ISIS By: Robert Postings Despite the presence of multiple militant groups in the Philippines who have made pledges of allegiance, or bayah, to Islamic State, the Philippine’ government and Armed Forces (AFP) have downplayed this threat. The statements they’ve made continuously ignore the reality of I...

Pres. Rodrigo Duterte plans to hike state spending 12.4% next year to a record PHP 3.77 trillion (USD 74.6 billion) in line with his aim to spend heavily on infrastructure to keep growth robust. The government has programmed a USD 180 billion spending spree on infrastructure during the president's six-year term to create jobs, lift economic growth to as high as 8 percent, and attract foreign investors turned off by high power prices and transport bottlenecks.

Duterte plans to lift 2018 Philippine govt spending by 12.4 pct Philippine President RodrigoDuterte plans to hike state spending 12.4 percent next year to arecord 3.77 trillion pesos ($74.6 billion), his spokesman saidon Tuesday, in line with his aim to spend heavily oninfrastructure to keep growth robust.