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BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
Albay eyes 100 percent RE shift by 2030
The province of Albay in the Bicol Region said it plans to shift to 100 percent renewable energy by 2030 to address power outages during extreme weather events......»»
5 foreigners nabbed in Albay
Four Chinese and a South African have been arrested in separate operations conducted by the Bureau of Immigration in Legazpi, Albay......»»
Albay house fire kills 5 family members
Five members of a family died when a fire razed their house in Daraga, Albay on Tuesday night......»»
Ginebra secures twice-to-beat Comm’s Cup slot, escapes NLEX in Albay thriller
Import Tony Bishop drains a clutch three as Ginebra rallies from an 11-point, third-quarter deficit against NLEX to lock a twice-to-beat playoff berth in Legazpi, Albay.....»»
Why Business Should Start Investing in the Mental Well-Being of Their Employees
The pandemic has triggered waves of anxiety, uncertainty, and financial strain, impacting the mental health of millions of employees. Poor mental health leads to decreased productivity, increased absenteeism, and strained work relationships. With that said, it is crucial to address employees’ mental health issues to have a thriving workspace. Encourage Open Communication and Supportive Culture […].....»»
Drug test: 3 Lapu CTMS employees fail random testing
LAPU-LAPU CITY, Cebu- Three Lapu-Lapu City employees tested positive in the random drug test initiated by the city’s anti-drug agency. On Monday, January 22, 115 job order employees from the city hall and traffic enforcers from the City Traffic Management System (CTMS) underwent random testing. Garry Lao, executive director of the City of Lapu-Lapu Office.....»»
BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao
SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»
BSP Governor Eyes Potential Rate Cut as Inflation Eases
In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»
BSP governor says February rate cut not likely
In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»
Woman shot by robber inside PUV is now safe
Woman shot by robber inside PUV is now safe.....»»
CCLEX offers motorists assistance, free towing services on Holy Week
To ensure safe and convenient travel experiences, the Cebu Cordova Link Expressway Corporation (CCLEC) is offering motorist assistance and free towing services to users of its expressway this Holy Week. CCLEC, along with the other toll road networks of Metro Pacific Tollways Corporation (MPTC), is implementing anew its Safe Trip Mo, Sagot Ko (SMSK) motorist.....»»
Resilient, safe schools in CV pushed
Resilient, safe schools in CV pushed.....»»
How safe is our space?
Safe Spaces Act (Bawal Bastos Law) or the Republic Act No. 11313 was enacted into law in April 2019. It was signed by former President Rodrigo Duterte to increase protection against sexual harassment whether online or in the physical space. This covers all forms of gender-based sexual harassment (GBSH) committed in public spaces, educational or training institutions, workplaces, and online spaces......»»
Newly Certified Lead Safe Paints Launched at Philippine World Building and Construction Exposition
14 March 2024, Pasay City/Quezon City. The thriving paint industry in the Philippines marked another milestone with the launch today of duly certified Lead Safe Paint (LSP) products at the Philippine World Building and Construction Exposition, or the WORLDBEX 2024. The event was graced by government, industry, and civil society leaders, as well as by basketball players from the.....»»
‘Safe Skies, Archer’ stars Jerome Ponce and Krissha Viaje reveal real score
The newly-minted loveteam of Jerome Ponce and Krissha Viaje in “Safe Skies, Archer has gained a cult following, opening more windows of opportunity for the two......»»
Philippine Company Earns Lead Safe PaintCertification
1 March 2024, Quezon City, Philippines. Architectural, marine, automotive, traffic, textile, and industrial paints produced by a 100% Filipino-owned paint company were declared Lead Safe Paint (LSP) following a third-party certification that verifies paints contain less than 90 parts per million (ppm) total lead, the most stringent regulatory limit for lead content in pain.....»»
Philippine Company Earns Lead Safe PaintCertification
1 March 2024, Quezon City, Philippines. Architectural, marine, automotive, traffic, textile, and industrial paints produced by a 100% Filipino-owned paint company were declared Lead Safe Paint (LSP) following a third-party certification that verifies paints contain less than 90 parts per million (ppm) total lead, the most stringent regulatory limit for lead content in pain.....»»
How to Watch NSFW/NSFL Content Safely and Discreetly
You may have already heard about NSFW (not safe for work) or NSFL (not safe for life) and what it mean to your self-preservation or at the very least, your reputation. If you’re still clueless, it refers to online content that is best viewed in private. Examples would be medications you take, gifts you were […].....»»
To keep whales safe, Coast Guard launches boat alert system in Seattle
To keep whales safe, Coast Guard launches boat alert system in Seattle.....»»