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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......»»
Cuts in bank reserves unlikely soon – BSP
The Bangko Sentral ng Pilipinas is unlikely to cut banks’ reserve requirement ratio in the third quarter, amid expectations of policy rate cuts in the second half of the year......»»
J-Hope surprises ARMY with dancing video wearing military uniform
BTS member J-Hope had a surprise for ARMY around the world as he danced to his newest song "Neuron" while wearing his military uniform. .....»»
J-Hope surprises ARMY with dancing video wearing military uniform
BTS member J-Hope had a surprise for ARMY around the world as he danced to his newest song "Neuron" while wearing his military uniform. .....»»
J-Hope surprises ARMY with dancing video wearing military uniform
BTS member J-Hope had a surprise for ARMY around the world as he danced to his newest song "Neuron" while wearing his military uniform. .....»»
J-Hope surprises ARMY with dancing video wearing military uniform
BTS member J-Hope had a surprise for ARMY around the world as he danced to his newest song "Neuron" while wearing his military uniform. .....»»
J-Hope surprises ARMY with dancing video wearing military uniform
BTS member J-Hope had a surprise for ARMY around the world as he danced to his newest song "Neuron" while wearing his military uniform. .....»»
J-Hope surprises ARMY with dancing video wearing military uniform
BTS member J-Hope had a surprise for ARMY around the world as he danced to his newest song "Neuron" while wearing his military uniform. .....»»
J-Hope surprises ARMY with dancing video wearing military uniform
BTS member J-Hope had a surprise for ARMY around the world as he danced to his newest song "Neuron" while wearing his military uniform. .....»»
J-Hope surprises ARMY with dancing video wearing military uniform
BTS member J-Hope had a surprise for ARMY around the world as he danced to his newest song "Neuron" while wearing his military uniform. .....»»
J-Hope surprises ARMY with dancing video wearing military uniform
BTS member J-Hope had a surprise for ARMY around the world as he danced to his newest song "Neuron" while wearing his military uniform. .....»»
J-Hope surprises ARMY with dancing video wearing military uniform
BTS member J-Hope had a surprise for ARMY around the world as he danced to his newest song "Neuron" while wearing his military uniform. .....»»
J-Hope surprises ARMY with dancing video wearing military uniform
BTS member J-Hope had a surprise for ARMY around the world as he danced to his newest song "Neuron" while wearing his military uniform. .....»»
Hugot song ni Ice binuhay ni Ronnie Liang; Project Ngiti tuloy ang pagtulong
NAKASUOT pa ng military uniform si Ronnie Liang nang dumating siya sa isang branch ng Coffee Project sa Quezon City para sa isang intimate chikahan. Hindi na raw siya nagpalit ng kanyang uniform bilang isang sundalo dahil baka raw ma-late siya sa “catch up session” niya with some members of the entertainment press. Kuwento ng.....»»
Progressive groups, solon decry UST admin s photo takedown order
In a statement by TomasinoWeb, it said that the university administration instructed the organization to take down the photo as it allegedly caused “public ridicule” to students and the university due to a supposed “association of the Type B uniform with convenience store employee’s uniform.”.....»»
SC imposes P180K fine on PAO chief for contempt, undignified conduct
“It was determined that Atty. Acosta’s statements and innuendos on her Facebook page, which was accessible to the public, attributed ill intent and malice to the Court.”.....»»
SC imposes jail term, P2M fine on child pornographer
The Supreme Court upheld a ruling that found an individual guilty of violating the Anti-Child Pornography Act of 2009......»»
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......»»