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And that means opportunities for fraud. Globally in 2016, about 57 percent of the reported fraud cases took place during a transaction in which the consumer's card was not physically present, up from 35 percent of fraud cases in 2006.

Andrew X. Pham

Analysts said some of the priority bills under Duterte include the proposed shift to a federal form of government, the restoration of death penalty and the passage of second phase of the tax reform law.

Analysts at UBS expect gold prices to touch ,000 per ounce before the end of the year, driven higher by low US interest rates, a weaker dollar, coronavirus concerns and tension between the United States and China. It also forecast gold price for 2021 end-June at ,900. In the shorter time horizon, it sees a number of uncertainties that will help elevate the prices.

Analysts said that the purchase demand of China's main power plants had decreased over the past week and the transaction of power coal in northern ports fell short of expectation, which caused coal enterprises in Shanxi to have higher stocks and coal prices to fall slightly.