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BSP to strengthen consumer protection

The Bangko Sentral ng Pilipinas is further strengthening consumer protection measures as complaints breached the 30,000 level from January to September last year......»»

Category: financeSource: philstar philstarJan 22nd, 2024

BSP to strengthen consumer protection

The Bangko Sentral ng Pilipinas is further strengthening consumer protection measures as complaints breached the 30,000 level from January to September last year......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

AC gov t to strengthen child protection policies

AC gov t to strengthen child protection policies.....»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

BSP steps up consumer protection program

The Bangko Sentral ng Pilipinas is adopting a framework which will assess any business conduct or practices that may cause harm to financial consumers......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

With over 460 million children living in conflict, child protection systems must be strengthened, says UNODC Executive Director

In a world where "460 million children were living in contexts of conflict in 2022", child protection systems must be strengthened, said Ms. Ghada Waly, Executive Director of the United Nations Office on Drugs and Crime (UNODC), at a high-level conference at the European Parliament.  At the Protection of Children in Armed Conflict conference in Brussels, organize.....»»

Category: newsSource:  philippinetimesRelated NewsJan 24th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Students trained on key consumer info, laws

Students trained on key consumer info, laws.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

Dahil sa monopoly SANIB-PUWERSA NG 3 TYCOONS SIRIT-PRESYO SA KORYENTE — CONSUMERS GROUP

ANG US$3 bilyong kasunduan sa pagitan ng tatlong mga bigating energy firms sa pamamagitan ng paggamit ng natural gas ng mga power plants ay isang malaking banta para sa mga consumer dahil magdudulot ito ng pagtaas sa presyo ng koryente sa pamamagitan ng monopolyo ng liquefied natural gas (LNG) industry. Ayon kay consumer group United ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsMar 11th, 2024

Consumer groups lament unprecedented rice inflation

The Rice Liberalization Law has been in place for five years. Still, market prices have yet to drop to P25 per kilo, affecting farmers and consumers. The post Consumer groups lament unprecedented rice inflation appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 29th, 2024

Consumer group hopes early passage of NEPC franchise law

Consumer group hopes early passage of NEPC franchise law.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Philippines among most friendly markets for consumer brands in AsPac

The Philippines is among the most friendly markets in Asia Pacific (AsPac) for incumbent consumer brands, according to global consultancy Bain and Co......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

DTI, Go Negosyo strengthen MSME Development program

The Department of Trade and Industry (DTI) and Go Negosyo agreed to strengthen their collaboration to further develop the country’s MSMEs......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

Nestle PH, Oro LGU partner to strengthen nutrition, solid waste management programs

Nestle PH, Oro LGU partner to strengthen nutrition, solid waste management programs.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

Marcos hopeful Ramadan to strengthen kinship, open hearts to forgive past grievances

Marcos hopeful Ramadan to strengthen kinship, open hearts to forgive past grievances.....»»

Category: newsSource:  sunstarRelated NewsMar 10th, 2024

CHO told to strengthen campaign against dengue

CHO told to strengthen campaign against dengue.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

US provides additional P28M to strengthen environmental law enforcement in Palawan

US provides additional P28M to strengthen environmental law enforcement in Palawan.....»»

Category: newsSource:  sunstarRelated NewsJan 23rd, 2024

PH takes steps to strengthen textile, fashion industry via ‘digitelazation’

PH takes steps to strengthen textile, fashion industry via ‘digitelazation’.....»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Philippines, Indonesia seek to strengthen cooperation for energy security

MANILA, Jan. 10 (Xinhua) -- The Philippines and Indonesia on Wednesday agreed to strengthen energy cooperation to safeguard energy security. Energy ministers of the two countries signed a memorandum of understanding (MOU) on energy cooperation at the presidential palace in Manila, where Indonesian President Joko Widodo was received by his Philippine counterpart Ferdinand Romualdez Marcos. Widodo arrived i.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

16 Asian countries discuss employing technology to implement innovative initiatives for regulating labour markets

DUBAI, 11th February, 2024 (WAM) -- Ministers of labour and human resources from 16 Asian countries sending and receiving workers discussed leveraging advanced technology for innovative initiatives aimed at resolving labor disputes and expediting verdicts. They also aimed to strengthen wage protection systems and facilitate skill mobility among participating countries. The focus was on improving labor market regulation.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024