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BSP to banks, financial institutions: Prioritize national ID as top identification
The central bank said that institutions should “adopt enhanced measures to ensure the broad acceptance of the PhilID” whether its physical or electronic version as a valid proof of identity and age for all financial transactions. .....»»
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......»»
Cebu City to build ‘new Sambag Ville’
CEBU CITY, Philippines — “We will build a new Sambag Ville,” announced Cebu City Mayor Michael Rama on Monday, April 15. He said this announcement during his meeting with barangay officials of Sambag II, the Cebu City Disaster Risk Reduction and Management Office (CCDRRMO), and the National Housing Authority, in response to the recent fire.....»»
NHA to build P72.7-M housing project in Zambo City
NHA to build P72.7-M housing project in Zambo City.....»»
Cebu-based developer invests PHP430M to build 709 townhouse units in north Cebu town
CEBU CITY, Dec. 17 (PNA) — Cebu-based developer Primary Homes Inc. (PHI) is investing PHP430 million to build 709 townhouse units in its 5.4-hectare property in Poblacion, Compostela town in northern Cebu.........»»
Build ‘turtle ships’ to resupply Ayungin
Our engineers must build “turtle ships.” Such ships would fend off Chinese ramming, laser gunning and water cannoning in our seas......»»
Dusit Thani, Sheraton to build hotels in Cagayan de Oro
CAGAYAN DE ORO CITY (MindaNews / 24 March) — Two international hotel chains — Sheraton and Dusit Thani – are set to build hotels in this city, the third in Mindanao for Dusit Thani and the first in Mindanao for Sheraton. Dusit Thani operates two in the Davao region – Dusit Thani Residence Davao in Davao […].....»»
All residents in no-build zone prioritized for relocation
All residents in no-build zone prioritized for relocation.....»»
Lapu-Lapu City to build 5 residential buildings in Pusok
Lapu-Lapu City to build 5 residential buildings in Pusok.....»»
DOTr needs P12.5 billion to build 200 ports
The Department of Transportation said it needs at least P12.5 billion to build 200 more ports under the Marcos administration, underscoring the need to improve connectivity in remote islands......»»
SMC scraps plans to build P100 billion Pasig River tollway
Diversified conglomerate San Miguel Corp. will no longer pursue its plan to build a toll road on the Pasig River, succumbing to pressure from opposition groups......»»
Capitol signs deal to build 150-MW solar farm
Capitol signs deal to build 150-MW solar farm.....»»
Lufthansa to build 2nd hangar in Philippines
MANILA, March 14 (Xinhua) -- Germany's flag carrier Lufthansa is looking to build a second hangar in the Philippines, as part of its expansion plans in the Southeast Asia region, said Philippine Trade and Industry Secretary Alfredo Pascual on Thursday. Pascual said the plan was discussed during a meeting between Philippine President Ferdinand Romualdez Marcos and Lufthansa's managers in Berlin where Marcos was o.....»»
DILG chief urges industry players to build resilent structures
Housing and real estate industry players should build resilient structures with the necessary facilities for proper sewage management, water and sanitation as well as drainage and wastewater treatment, according Interior and Local Government Secretary Benjamin Abalos Jr......»»
Eric Quizon gagayahin si Kuya Germs, mag-aalaga at magpapasikat ng artista
HATAWANni Ed de Leon MABIGAT ang sinabi ni Eric Quizon na gagayahin niya ang style ng pag-build-up ni German Morenong mga artista. Si Eric kasi ang namumuno ngayon ng talent center ng isang network at tama siya, walang makakapantay kay Kuya Germs sa pag-build-up ng napakaraming artista na napasikat. Pero baka hindi niya alam kung gaano kahirap din ….....»»
Israel plans to build 3,300 new settlement homes; says it s a response to a Palestinian attack
Israel plans to build 3,300 new settlement homes; says it s a response to a Palestinian attack.....»»
Mandaue to build resilience centers across city clusters
Mandaue to build resilience centers across city clusters.....»»
Build up faith: testimonies that world of spirits exists
Build up faith: testimonies that world of spirits exists.....»»
As global economy slows, Philippines bats for intensified financing solutions
The Philippines has called on multilateral financial institutions to step up support and financing solutions to developing nations as the global economy hits a critical point of further slowdown......»»
Philippines financial sector expands by 8 percent in February
The total resources of banks and non-bank financial institutions rose by 7.9 percent to P30.87 trillion as of end-February from P28.58 trillion in the same period a year ago, based on preliminary data from the Bangko Sentral ng Pilipinas......»»