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The Cybercrime Investigation and Coordinating Center (CICC) said it is eyeing legal action against social media platforms, including Facebook, Instagram, and X (formerly Twitter), over the proliferation of online scams. In a radio interview, CICC executive director Alexander Ramos said the social network giants “have not been cooperative in implementing local laws to protect consumers.” […]
The post Gov’t eyes raps vs. socmed giants over online scams appeared first on Manila Standard.

Disaster-resilient and eco-friendly homes have become the latest trademark of conglomerate San Miguel Corp. The company has been at the forefront of building resilient housing communities nationwide since 2013, in the aftermath of typhoons Sendong and Yolanda, SMC in partnership with several organizations, including Gawad Kalinga and Habitat for Humanity, has invested P3.05 billion in […]
The post SMC invests P3b to build eco-friendly homes appeared first on Manila Standard.

Nearly $7 trillion of public and private finance each year supports activities that directly harm nature – some 30 times the amount spent on nature-based solutions annually, according to a UN report launched at COP28 in Dubai last week. The report from the UN’s environmental wing, UNEP, also revealed that despite decades of calls for […]
The post Nearly $7t spent yearly on efforts that directly harm nature—report appeared first on Manila Standard.

The Philippine economy weathered 2023’s global headwinds, marked by ongoing conflicts in Ukraine and the Middle East, elevated inflation and rising interest rates. Its gross domestic product (GDP) grew 5.9 percent in the third quarter, the fastest expansion in the Association of Southeast Nations (ASEAN). Easing inflation Inflation surged to 8.7 percent in January, threatening […]
The post PH overcomes global headwinds to post fastest growth in ASEAN appeared first on Manila Standard.

First of two parts The release last week of the Global Cooling Watch Report 2023: Keeping it chill highlights the importance of passive cooling alternatives to energy-hungry air conditioners. The report, produced by the United Nations Environment Program (UNEP), notes that between now and 2050, the global installed capacity of cooling equipment will triple, resulting […]
The post Cool Cities Challenge: Five ways towns can keep it chill while cutting emissions appeared first on Manila Standard.

Voluntary delistings and sluggish trading activity defined the Philippine equities market in 2023, with four major companies opting to leave the bourse and investors remaining cautious amid global uncertainties. Eagle Cement Corp., logistics firm 2GO Group Inc., infrastructure conglomerate Metro Pacific Investments Corp. and cement producer Holcim Philippines Inc. delisted this year, citing various reasons. […]
The post Delistings, low volume define 2023 market appeared first on Manila Standard.

Energy Secretary Raphael Lotilla expressed optimism about the country’s power supply for 2024, while emphasizing the need for global support in a “just” energy transition away from fossil fuels. “We did manage to contain the weaknesses in 2023, and 2024 promises to be better, especially with the completion of major transmission connections,” Lotilla said in […]
The post Power supply undergoes transition, seen stable in 2024 appeared first on Manila Standard.

The way China has fielded massive Coast Guard vessels as well as a number of maritime militia ships in the South China Sea, it would appear it is really intent on claiming ownership of the vital sealane where a significant percentage of global trade passes on a regular basis. But its basis for doing so—the […]
The post ‘Lake China’ appeared first on Manila Standard.