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Cebu Daily Newscast: Rama on Capitol’s stoppage of CBRT: ‘Do not interfere’

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, March 5, 2024. Rama on Capitol’s stoppage of CBRT: ‘Do not interfere’ Cebu City Mayor Michael Rama has told the Capitol today to “not interfere’ with the city’s affairs in light of the.....»»

Category: newsSource:  inquirerRelated NewsMar 5th, 2024

Capitol defends plans to relocate in Balamban

CEBU CITY, Philippines – The Cebu Provincial Government defended its plans to relocate its seat of power to Balamban town in western Cebu amid criticisms following site redevelopment in the locality’s mountains. Furthermore, they assured the public, including environmentalists, claiming that the project would not ‘bring massive environmental damage in Cebu.’ The Capitol made this.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

Camp John Hay Forest bathing site closed due to forest fire

aguio City’s famous “forest bathing” site at the yellow trail of Camp John Hay (CJH) was temporarily shut down after a blaze hit portions near the Voice of America (VOA) compound on Sunday morning......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 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

Cebu BRT tussle: Gwen says Capitol owns lots along Osmeña Boulevard

CEBU CITY, Philippines — As far as the Cebu Provincial government is concerned, they rightfully owned the lots along Osmeña Boulevard. This is the latest round of squabble among present and former officials of the Cebu City government and the Capitol over the construction of the Bus Rapid Transit (BRT) along Osmeña Boulevard. READ: Rama.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

Jealousy drives man to burn his own house

CEBU CITY, Philippines — A man who allegedly set his house on fire after a heated argument due to jealousy with his live-in partner was arrested on Wednesday, January 10, 2024. The incident occurred around 4:20 a.m. in Sitio Hunop, Barangay Kansi, Tuburan town. READ: Jealous man nabbed for stabbing his live-in partner, friend Jealousy.....»»

Category: sportsSource:  abscbnRelated NewsJan 10th, 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

US Launches Follow-Up Strike on Houthi Radar Site

WASHINGTON - The United States launched a follow-up strike against a Houthi target in Yemen early Saturday, after officials said they were not satisfied with the damage inflicted during the initial round of airstrikes late Thursday.U.S. Central Command said it launched the additional strike from the USS Carney, a guided missile destroyer, firing multiple Tomahawk Land Attack Missiles to take out a radar site tha.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

US Launches Follow-Up Strike on Houthi Radar Site

WASHINGTON - The United States launched a follow-up strike against a Houthi target in Yemen early Saturday, after officials said they were not satisfied with the damage inflicted during the initial round of airstrikes late Thursday.U.S. Central Command said it launched the additional strike from the USS Carney, a guided missile destroyer, firing multiple Tomahawk Land Attack Missiles to take out a radar site tha.....»»

Category: newsSource:  manilanewsRelated NewsJan 13th, 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

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......»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Cebu City council seeks halt to CBRT construction due to heritage concerns

CEBU CITY, Philippines – The Cebu City Council resolved to halt the ongoing civil works of the Cebu Bus Rapid Transit (CBRT) project at the Cebu Provincial Capitol, citing concerns that the construction poses a visual intrusion on the iconic building. Vice Mayor Raymond Alvin Garcia brought forth the motion, urging the Office of the.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

NFCI gets P6-M Capitol support for arts, cultural initiatives

NFCI gets P6-M Capitol support for arts, cultural initiatives.....»»

Category: newsSource:  sunstarRelated NewsMar 23rd, 2024

Capitol to ink deal for renewable energy

Capitol to ink deal for renewable energy.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

Capitol, DepEd NegOcc ink scholarship deal for school heads anew

Capitol, DepEd NegOcc ink scholarship deal for school heads anew.....»»

Category: newsSource:  sunstarRelated NewsMar 6th, 2024

BIDDING SET IN JUNE | 11 companies buy bid documents for Capitol s bulk water project

BIDDING SET IN JUNE | 11 companies buy bid documents for Capitol s bulk water project.....»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

Capitol prepares funds for farmers affected by dry spell

Capitol prepares funds for farmers affected by dry spell.....»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Provincial Capitol mo-bid sa paghuman sa expressway

Provincial Capitol mo-bid sa paghuman sa expressway.....»»

Category: newsSource:  sunstarRelated NewsApr 7th, 2024

Capitol: Nothing would be destroyed in building new provincial government center in Balamban

Capitol: Nothing would be destroyed in building new provincial government center in Balamban.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024