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INTERACTIVE MAP | Davao flood updates, low pressure area, February 1, 2024
We’re monitoring the progress of roads, floods, bridges, and landslides around the areas affected by this week’s low pressure area. To toggle the map, use two fingers to move around and pinch to zoom in or out. Each clickable element leads to a link to vetted sources of information on floods, roads, bridges, and landslides […].....»»
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......»»
Horohoro Road (State Highway 30) blocked by serious crash
Emergency services are responding to a serious crash on Horohoro Road (State Highway 30).The crash, involving two cars, was reported to Police at 6.50am.Two people are reported to have serious injuries.The road between Nicholson Road and Whirinaki Valley Road is currently blocked by the crash and motorists are asked to avoid the area. ENDSIssued by Police Media Centre......»»
Serious Crash, Tomoana Road, Hastings
Police are responding to a serious crash involving a vehicle on Tomoana Road, Hastings, reported around 12:20pm.One person has been transported to hospital in a serious condition.The Serious Crash Unit has been advised.The road is closed at the intersections of Tomoana Road/Williams Street and Tomoana Road/Nelson Street, diversions are in place.Motorists are advised to follow the diversions......»»
Road reopens - Salisbury Road, Richmond
Salisbury Road in Richmond has reopened, after a fallen tree blocking the road was removed.Police thanks motorists for their patience while work was under way to clear the road.ENDS Issued by Police Media Centre. Source: NZ Police.....»»
Nikon acquires Red Digital Cinema, enters professional video market
Nikon Acquires Red Digital Cinema to Enter Professional Digital Cinema Camera Market In a strategic move to expand into the professional digital cinema camera market,.....»»
Minister attending Australian data, digital meeting
Minister for Digitising Government Judith Collins is in Sydney to attend the first Data and Digital Ministers' Meeting of 2024. "This is a great opportunity to connect with our Australian counterparts and identify how we can work together on digital transformation," Ms Collins says. "Both our nations are looking into how advancements like AI and digital iden.....»»
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......»»
PNP approves new policy mandating removal of tattoos among personnel
PNP approves new policy mandating removal of tattoos among personnel.....»»
Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024
Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024.....»»
House approves bill seeking revocation of SMNI’s franchise
House approves bill seeking revocation of SMNI’s franchise.....»»
Peza approves P14.951B investments from January to March
Peza approves P14.951B investments from January to March.....»»
Senator approves measure seeking medical use of marijuana
Senator approves measure seeking medical use of marijuana.....»»
Marcos approves adoption of 10-year Maritime Industry Development Plan
Marcos approves adoption of 10-year Maritime Industry Development Plan.....»»
House committee approves measure seeking to ban Pogo in PH
House committee approves measure seeking to ban Pogo in PH.....»»
Japan’s government approves new foreign trainee program
Japan’s government approves new foreign trainee program.....»»
Road-clearing ops to ensure emergency road accessibility
THE City Government of Davao carried out a road-clearing operation on February 16, 2023, at Barangay 31-D to ensure emergency road accessibility......»»
Serious crash near Helensville closes busy road
Police are responding to a serious crash in South Head, Auckland.The crash between two vehicles near the intersection of Evans Road and South Head Road was reported at about 9.51am.Three people were injured in the crash and transported to hospital, one in a serious condition, two others in a moderate condition.The crash has closed South Head Road in both directions.Traffic management is in p.....»»