Public warned vs spoofing scams
MANILA, Philippines — As spending is expected to increase during the Yuletide season, police have warned the public against another scheme of cyber criminals to steal money.
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MANILA, Philippines — As spending is expected to increase during the Yuletide season, police have warned the public against another scheme of cyber criminals to steal money.
Agrarian Reform Secretary Conrado M. Estrella III expressed his gratitude to the representatives of the World Bank (WB) and congratulated the agencies including the Land Registration Authority (LRA), Department of Budget and Management (DBM), Department of Finance (DOF), Office of the President, and various sectors for their great teamwork for successfully implementing the Support to Parcelization of Lands for Individual Titling (SPLIT) Project.
Senator Win Gatchalian hailed the signing of the Enterprise-Based Education and Training (EBET) Framework Act (Republic Act No. 12063), a landmark law that he says will boost the job readiness of technical-vocational education and training (TVET or tech-voc) graduates.
RAJKOT: Jamnagar cybercrime police and special operation group (SOG) uncovered a criminal operation channelling money siphoned off by online fraud to the masterminds through rented bank accounts. The four persons arrested were tasked with quickly transferring the funds to the kingpins and persuading people to rent them their current accounts to receive and send the money. The operation seems to be controlled from the Philippines, police said. After getting intelligence input on suspicious activities, a police team raided a hotel situated behind Oswal Hospital. They arrested four men: Rahul Narola (19) from Varachha, Surat; M D Badsha from Hooghly district, West Bengal; Avinash Prasad Mahto (38) from Ramgarh district, Jharkhand; and Tushar Ghetia from Jamnagar. Police seized various items, including eight debit cards from different bank branches in Jharkhand and West Bengal, several cheque books, mobile SIM cards, and laptops.
MANILA, Philippines — Sumilip ng pag-asa ang Arellano University sa Final Four nang ungusan ang Jose Rizal University, 81-77, sa second round ng NCAA Season 100 men’s basketball kahapon sa FilOil EcoOil Centre sa San Juan City.
Senator Joel Villanueva, principal author and sponsor of Republic Act No. 11962, also known as the Trabaho Para sa Bayan (TPB) Act, has urged the National Economic and Development Authority (NEDA) and other relevant agencies for an Artificial Intelligence (AI) ready national employment master plan.
The Philippine Statistics Authority (PSA) [link] revealed that October inflation quickened to 2.3% y/y (up from 1.9% in September), with core inflation (which excludes food and energy prices) at 2.4% y/y (same as September). The Consumer Price Index (CPI) was at P126.5 for October 2024, which is only down 0.08% from the inflationary peak which was P126.6 back in August. > Main contributors: The top three contributors highlighted by the PSA were “food and non-alcoholic beverages” with a 46.9% “share” of the inflation, “housing, water, electricity, gas, and other fuels” with a 22% share of the inflation, and “restaurants and accommodation services” with a 16.1% share of the inflation. So, you know, basically 80% of life. The PSA said that the main driver of the food inflation trend was “faster inflation of rice” at 9.6%, but that the greatest contributor to the food inflation was the “cereals and cereal products” group which had a 78.2% share of the food inflation CPI figure.> The BSP’s take: Our central bank was unbothered by the slight uptick in the CPI, and said that the reading was “within the BSP’s forecast range of 2.0 to 2.8 percent”, and is “consistent with the BSP’s assessment that inflation will continue to trend closer to the low end of the target range over the succeeding quarters.” The BSP admitted, however, that the “balance of risks to the outlook for 2025 and 2026 has shifted toward the upside”, particularly due to “potential adjustments in the electricity rates and higher minimum wages in areas outside Metro Manila”. The BSP listed “lower import tariffs on rice” as a “downside factor.”
LONDON, United Kingdom — Major stock markets rose and the dollar remained under pressure Tuesday as the United States votes in a knife-edge presidential election.