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BSP partners with Baiphil
BSP partners with Baiphil.....»»
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......»»
Negros Island Region: NegOr governor welcomes reformation of NIR
CEBU CITY, Philippines – Negros Oriental Governor Chaco Sagarbarria welcomed the passage of the bill seeking to reform the Negros Island Region (NIR). Speaking to reporters at the sidelines of the Regional Development Council in Central Visayas (RDC-7) at the Capitol Social Hall on March 14, Sagarbarria said reviving the NIR would greatly benefit local.....»»
Manila court orders DFA to cancel passport of ex-NegOr Rep. Teves
A Manila court has ordered the Department of Foreign Affairs to cancel the passport of expelled Negros Oriental Rep. Arnolfo Teves Jr. who is facing multiple charges and has been declared a fugitive from justice, the Department of Justice (DOJ) confirmed on Friday. “Although the freedom to travel is guaranteed, it does not give one an unlimited.....»»
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......»»
60IB, stakeholders kick-off Tree Growing Program
60IB, stakeholders kick-off Tree Growing Program.....»»
BARMM stakeholders elated over new direct Zamboanga-Cotabato bus route
Stakeholders were elated over the launch of a pioneering Zamboanga-Cotabato route last Friday......»»
South Cotabato, Sultan Kudarat, Maguindanao Sur stakeholders ink pledge to protect Marbel Buluan Watershed
KORONADAL CITY (MindaNews / 6 March)– After seven years, various stakeholders from the public and private sectors formalized their commitment Wednesday for the protection and preservation of the Marbel Buluan Watershed, a vital biodiversity area spanning 121,000 hectares in the provinces of South Cotabato, Sultan Kudarat and Maguindanao del Sur. Catholic Church leaders expressed their […].....»»
Government, stakeholders’ cooperation vital for tourism development – travel agency
The Philippine government and private tourism stakeholders should keep cooperating to promote and develop the country’s tourism industry, according to travel agency Rajah Travel......»»
INDUSTRY LEADERS CONVENE | DA, SRA, stakeholders discuss plan to buy sugar from local farmers
INDUSTRY LEADERS CONVENE | DA, SRA, stakeholders discuss plan to buy sugar from local farmers.....»»
College graduates with Latin honors urged to join public service
College graduates with Latin honors urged to join public service.....»»
Bantayog ng mga Bayani honors 13 ‘pillars’
Engraved in golden letters on the granite Wall of Remembrance at the Bantayog Memorial Center in Quezon City are the names of the heroes and martyrs who fought with the people against the long Marcos dictatorship. The post Bantayog ng mga Bayani honors 13 ‘pillars’ appeared first on Bulatlat......»»
Mayor Baste honors law enforcers in making Davao City insurgency-free
DAVAO City Mayor Sebastian “Baste” Duterte honors the military and law enforcement units in making the city insurgency-free......»»
Cadiz honors 2 centenarians, 40 nonagenarians
Cadiz honors 2 centenarians, 40 nonagenarians.....»»
President Marcos to Filipinos: Bring creativity to global stage
President Marcos called on creative industry stakeholders yesterday to collaborate with local and international partners to enhance the design community and improve global competitiveness of Philippine products and services......»»
SM Cares partners with PLDT, Smart to promote responsible e-waste disposal
SM Cares partners with PLDT, Smart to promote responsible e-waste disposal.....»»
Army, partners collect 492 bags of blood in anniv drive
Army, partners collect 492 bags of blood in anniv drive.....»»
KMC solutions invites partners to celebrate collaboration, excellence rooted in well-being, sustainability
KMC Solutions, a leading provider of innovative flexible office solutions, proudly invites valued partners to an enchanting Arabian Nights soiree......»»