Recto: Gov’t may recover $34 million in Bangladesh cyberheist loot

30 March 2016, Comment are Off
If Philippine authorities will only act swiftly, they may still recover more than 40 percent, about $34-million, of the $81-million loot that was stolen by hackers from Bangladesh Bank. The possibility of recovering the loot, according to Senate President Pro-Tempore Ralph Recto,...

Having 1 guard per 3,376 hectares of forest could lead to more Mount Apo-like fires – Recto 

28 March 2016, Comment are Off
There’s only one forest guard for every 3,376 hectares of forestland, rendering the country’s diminishing woodlands prone to poachers and leaving no frontline personnel to stomp out fires like the one razing the slopes of Mount Apo, the country’s highest peak. “The lack of forest...

Recto: Half a million more senior citizens to get P6,000 yearly pension

27 March 2016, Comment are Off
Almost half a million more seniors will start getting a P6,000 yearly pension from the government effective this year, after Congress increased by P3 billion the budget for social pension for indigent 60-year-olds and above. So that qualified beneficiaries will start getting...

Exempt classroom construction from election ban – Recto

26 March 2016, Comment are Off
Government should take advantage of the “good summer weather window” in building classrooms to erase the backlog in this critical education resource, Senate President Pro-Tempore Ralph Recto said. With classes in public schools now ended, education officials should also use the...

Recto: Poor man’s ATM vulnerable to hacking, too

19 March 2016, Comment are Off
Cyberthieves in the Philippines may not have the sophistication of their international counterparts to stage billion-peso heists, but they now have the capability to steal millions of pesos from automated teller machines (ATM) stationed all over the country. What is alarming,...

Recto: Hackers-RCBC connection key to money laundering mess

16 March 2016, Comment are Off
No doubt it’s a grand conspiracy, but the Senate needs to uncover the connection between a group of hackers and high officials of the Rizal Commercial Banking Corporation (RCBC) if it wants to solve the $81-million money laundering mystery that rocked the country’s...

With SC OK of K-12, DepEd must ready 43,000 new rooms, 62,320 new teachers by June

16 March 2016, Comment are Off
Government should press full speed ahead in acquiring needed K to 12 classrooms, equipment and teachers after the Supreme Court (SC) rejected several pleas seeking to stop the implementation of the program adding three years to the basic education curriculum. With classes in...

To curb pork smuggling, Recto urges PNoy to sign Customs reform law

14 March 2016, Comment are Off
President Aquino was urged to sign into law a bill reforming customs and port procedures which one of its authors say would help stamp out smuggling like the kind the country’s hog raisers are protesting against. Senate President Pro-Tempore Ralph Recto said the proposed Customs...