MANILA (Philippine Daily Inquirer/ANN): The country’s active Covid-19 cases are now at 46,037 following the detection of 5,310 more cases of coronavirus infection.
Philippines 29 May 2021
MANILA (Philippine Daily Inquirer/ANN): The Department of Health (DOH) reported 3,972 new Covdid-19 cases on Tuesday (May 25), bringing the number of active novel coronavirus infections nationwide to 48,201 and the total case count to 1,188,672.
DOH said in its latest bulletin that the latest sum of active cases represents 4.1 per cent of all the documented Covid-19 cases in the country since the pandemic hit in 2020. It also said that the majority of these active cases, or 94 per cent, were mild or asymptomatic.
According to the health department, all laboratories were operational on Sunday while 10 laboratories were not able to submit their data on time.
MANILA (Philippine Daily Inquirer/ANN): Money laundering remains a serious threat to the Philippines, which has had its share of embarrassing incidents in the past such as the Bangladesh central bank heist where US$81 million (S$107.8 million) in stolen money vanished in local casinos in 2016.
One sector that is particularly vulnerable to cybercriminals is the local capital market. According to an assessment report released last week by the Securities and Exchange Commission (SEC), the capital market is at medium risk of being exploited for money laundering, especially as the rise of digitalization has made it easier for criminals to avoid detection and conceal their financial pipeline.