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By Riza Lozada  The Supreme Court (SC) has left to corporate regulator Securities and Exchange Commission (SEC) the nationality question that has long hounded telecommunications giant Philippine Long Distance Telephone Co. (PLDT), despite clearing an SEC memorandum that applied the 60:40 rule only on voting shares. 

Here’s a first for the Philippines: the administration is considering the use of drones, among other measures, to monitor the progress—or lack of it—of its infrastructure-buildup strategy and to keep such public works projects free from graft and corruption. 

Investigations in Bangladesh into the electronic theft of $81 million from the country’s central bank have zeroed in on some technicians from the bank bolstering the claim of the local Rizal Commercial Banking Corp. (RCBC) through which the pilfered funds were channeled that it did nothing wrong. 

The area around Quiapo was practically placed on a lockdown since Saturday as the government spared no effort to thwart a supposed terrorist threat during the celebration of the annual feast of the Black Nazarene this Monday. 

Philippine Long Distance Telephone Inc. (PLDT) information technology unit ePLDT Inc. has called for more cybersecurity experts to be recruited in deterring hacking and other cybercrime incidents in the future. 

Close to 2,000 LandBank of the Philippines (LandBank) employees joined the celebration of Volunteerism Month last December with various employee activities held all over the country. Earlier this year, the Bank institutionalized its employee volunteerism program dubbed Volunteerific, through which its nearly 8,000-strong employees are enjoined to conduct volunteerism activities all year round. 

Citing recent economic trends, the World Bank (WB) has upgraded its economic outlook for the Philippines for the next two years and it now projects the economy to grow at 6.8 percent this year from an earlier 6.4-percent growth forecast.

By Riza Lozada The SM Foundation is reaching out to Filipinos who are in need by employing the wide reach of the extensive network of the SM Group through its many malls, stores and business establishments spread throughout the country.

THE issue of the planned Social Security System (SSS) pension increase for retirees is not over yet.

A Senate resolution was filed last week to seek an investigation, in aid of legislation, of the country’s foreign loans that now stands at $77 billion, as the Duterte administration indicated it may borrow more to finance its planned massive infrastructure buildup of about P200 billion a year.