Personal devices pose risks at work



By Rose de la Cruz


The policy of some companies allowing employees to use their personal devices at work—from business calls made on personal phones to corporate network connections on home laptops, pose risks for the company.


Such practice is generally beneficial, however, especially in small companies: The employee is already familiar with the device, and the company saves money. The downside, however, is that the practice creates additional cyber risks for the business.


Personal devices at work — the new normal under the organization’s Bring Your Own Device (BYOD) policy-- has been steadily rising…

Read more: Personal devices pose risks at work

SAS eyes expanded role in the Philippines



By Rose de la Cruz


Apart from 28 years of assisting big banks and financial institutions with managing, securing and optimizing their big (business) data for all its stakeholders, SAS-- the global leader in business intelligence and data analytics-- is eyeing an expanded role in the Philippines by way of assisting local governments and their leaders how to make good on their plans and programs for their jurisdictions using available data in their actual environments.


At a press conference held Tuesday at the sidelines of the SAS’ business forum at Makati Shangrila, company officials from here…

Read more: SAS eyes expanded role in the Philippines

NEDA asks farmers to plant special rice varieties


By Rose de la Cruz


The National Economic and Development Authority (NEDA) is encouraging farmers to increase their production of special varieties of rice to respond to the increasing demand in the international market now that restrictions on exports have been repealed.


NEDA reminded rice farmers and traders that the recent rice law, or Republic Act 11203, not only replaced the quantitative restrictions on rice imports with tariff, but it also repealed all laws, rules, regulations, guidelines and other issuances imposing quantitative export quotas on rice exports.


“We encourage producers of special varieties of rice, such as heirloom,…

Read more: NEDA asks farmers to plant special rice varieties

 MB okays $7.355-B funding for 2018 devt. Projects/programs


MB oks $7.355-B funding for 2018 devt. Projects/programs


The Monetary Board (MB) approved public sector loans in 2018 amounting to $7.355 billion, up 111 percent or by $3.869 billion over 2017 level of $3.486 billion, as the National Government ramped up spending on infrastructure development. These public sector loans consisted of: (a) US$3.602 billion bonds; b) 12 project loans amounting to $2.853 billion and (c) three (3) program loans amounting to $900 million. 

These public sector borrowings will fund projects on transport connectivity (roads, railways, port and airport infrastructure), irrigation and agriculture development,…

Read more: MB okays $7.355-B funding for 2018 devt. Projects/programs

UBS gears for sustainability in its global operations


By Rose de la Cruz


UBS, the leading investment in the Philippines and consistently ranked top 2 among international investment banks, is gearing its global operations on the sustainability track by adopting tougher standards on coal finance and doubling its core sustainable investments at $313 billion (up 72 percent) in 2018 and in the coming years.


In a statement, Christian Bluhm, Group Chief Risk Officer, said the bank’s priority is to protect clients’ assets and UBS from the materialization of risks, including climate-related risks since sustainable financing is high on its agenda.


“We already limited our…

Read more: UBS gears for sustainability in its global operations

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