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Aumentado pushes P100M rehab of Alona Beach in Panglao
MANDAUE CITY, Cebu — Bohol Governor Erico Aris Aumentado said that he was in close coordination with Tourism Infrastructure and Enterprise Zone Authority (TIEZA) for the planned rehabilitation of Alona Beach in Panglao town. The project is estimated to cost at least P100 million, Aumentado said in an advisory that was posted on his social.....»»
2 sikop sa buy-bust sa Panglao, Bohol
2 sikop sa buy-bust sa Panglao, Bohol.....»»
Dela Rosa on Marcos’ inclusion in drug list: ‘No idea ako’
MANILA, Philippines — Former national police chief turned senator Ronald “Bato” dela Rosa did not give a categorical answer on whether or not President Ferdinand “Bongbong” Marcos Jr. was on the Philippine Drug Enforcement Agency’s (PDEA) drug users list during the administration of then president Rodrigo Duterte. “No idea ako, no idea. Hindi ko sinabing.....»»
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......»»
DTI unveils startups, enterprises to join Idea and ADVanCE for Creatives
DTI unveils startups, enterprises to join Idea and ADVanCE for Creatives.....»»
Duterte s Mindanao secession idea thumbed down
Former President Rodrigo Duterte’s idea of an independent Mindanao is unconstitutional and will not happen, according to former Sen. Panfilo Lacson......»»
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......»»
Appa the rescue dog commended
APPA, the Coast Guard District Southeastern Mindanao (CGDSEM) search and rescue (SAR) working dog, was recently commended for his heroic skills after locating more than 10 cadavers and a three-year-old child survivor in Masara landslide......»»
Multi-awarded police intelligence agent killed in General Santos ambush
A police intelligence agent based in Carmen, Cotabato province, credited for his accomplishments in locating members of local terrorist groups wanted in courts for heinous crimes, died in an ambush in General Santos City at about dusk Sunday......»»
Agoda Spotlights Three Philippine Havens for Mindful Explorers
As the Philippine government invests more in its Green Economy Model (GEM), digital travel platform Agoda spotlights three destinations that are leading the pack in more conscious tourism. Coron in Palawan, Panglao in Bohol, and Siargao in Surigao del Sur have been prioritized by the Department of Environment and Natural Resources (DENR) for their conservation […].....»»
Open ocean salmon farm a win for the economy
The final approval of New Zealand King Salmon's Blue Endeavour open ocean aquaculture project is a significant step for New Zealand's aquaculture, and a win for the economy, Oceans and Fisheries Minister Shane Jones says. "Blue Endeavour will be the first open ocean aquaculture salmon farm in New Zealand. It's going to provide more jobs for the Marlborough region and benefit our economy b.....»»
Pinoy Aquaman sets new record in successful 10k open water swim in Capiz
CEBU CITY, Philippines — “Pinoy Aquaman” Ingemar Macarine never ceases to amaze after setting a new personal record for conquering the 10-kilometer open water swim in the Capiz Sea on Sunday, March 17, 2024. The 47-year-old Macarine bested his previous 10k open water swim in Masbate last year. From four hours and 22 minutes in.....»»
Pinoy Aquaman to conquer Capiz open sea on Sunday
CEBU CITY, Philippines — “Pinoy Aquaman” Ingemar Macarine is ready for his grueling 10-kilometer open water swim in Roxas City, Capiz on Sunday, March 16. If successful, Macarine will further stretch his record to 38 open water swims in and outside the Philippines, which no other Filipino has ever done historically. ALSO READ: Macarine eyes.....»»
Australian Open: Osaka out, Gauff, Medvedev in for next round
Two-time Australian Open champion Naomi Osaka’s Grand Slam comeback ended at the first hurdle on Monday but US Open winner Coco Gauff and men’s third seed Daniil Medvedev surged on in Melbourne. On a baking-hot day, men’s seventh seed Stefanos Tsitsipas and women’s sixth seed Ons Jabeur also tasted first-round victory. But Wimbledon champion Marketa.....»»
IM Young makikipag tagisan ng talino sa 21st BCC Open 2024 sa Thailand
MAYNILA – Makikipag tagisan ng talino si Filipino International Master Angelo Abundo Young sa pagtulak ng 21st BCC (Bangkok Chess Club) Open 2024 na naka-iskedyul mula Abril 13 hanggang 21. Ang kompetisyon, na gaganapin sa conference center ng Sheraton Hua Hin Resort & Spa sa Phetchaburi, Thailand, ay nagtatampok ng Open at Challenger divisions. “I ….....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
BSP sees room for further rate hike
After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»