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NEWS BRIEFS | 19 February 2024
DOT-10 opens historical trail in Cagayan de Oro The Department of Tourism-Region 10 (DOT-10) has launched the “Cagayan de Oro Historical Trail Walkthrough,” which covered the historical sites in the city. The trail will start at the wooden cross in front of the St. Augustine Metropolitan Cathedral in downtown Cagayan de Oro. The cross, erected in […].....»»
Montemayor, Quiñones shine in 7/11 Trail Cross-Country Marathon
Emmanuel Dave Montemayor went back-to-back in the men’s division as national team mainstay Eusebia Nicole Quiñones reigned supreme in the women’s side of the highly-anticipated 7/11 Trail Cross-Country Marathon......»»
Netter Lim on comeback trail
After getting derailed by the pandemic, former world juniors No. 12 AJ Lim is on the comeback trail......»»
Sugar trail in Panay, Negros eyes inclusion in World Heritage List
Sugar trail in Panay, Negros eyes inclusion in World Heritage List.....»»
Calle Real joins Western Visayas Sugar Heritage Trail vying for Unesco World Heritage
Calle Real joins Western Visayas Sugar Heritage Trail vying for Unesco World Heritage.....»»
Rudy Gobert, Michael Conley lead Timberwolves past Trail Blazers 119-114
Rudy Gobert, Michael Conley lead Timberwolves past Trail Blazers 119-114.....»»
Danao hosts 1st int’l ultra trail running event
Danao hosts 1st int’l ultra trail running event.....»»
Valentine’s Day tips for talking about money as a couple
NEW YORK (AP) — Money might not be the most romantic topic for Valentine’s Day, but talking about finances with your significant other is a key element of a healthy relationship. Money problems are one of the most common reasons couples separate, said Emily Simonian, head of clinical learning at Thriveworks, a mental health company......»»
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......»»
Philippines remains on FATF gray list
The Philippines failed anew to exit the gray list or list of jurisdictions under increased monitoring after falling short in addressing the remaining concerns on its anti-money laundering and counter-terrorist financing regime, according to global dirty money watchdog Financial Action Task Force......»»
Suspected terror fund facilitator caught using remittance centers
Emmett Manantan of the Anti-Money Laundering Council confirmed that the suspect Myrna Mabanza used money service businesses to transfer funds to members of the Abu Sayyaf Group.....»»
Changing Your Mindset on Money
Changing your mindset on money is not all about being able to budget your monthly income, as there are more scenarios that need thorough thinking. Here are two pivotal aspects: the art of saving over spending and the ability to discern needs from wants through strategic investments. Embracing the Savings Mindset Financial stability requires a […].....»»
EDITORIAL — The fourth worst
Here’s another problem that turns off foreign investors, and its solution does not call for amending the Constitution. Business class travelers – people with the type of money that can provide job-generating enterprises in the Philippines – have ranked the Ninoy Aquino International Airport as the fourth worst gateway in Asia and the Middle East......»»
2 Best Ways to Save Up for Something
Sometimes, you find yourself unable to afford something you desire. While resorting to debt might seem convenient, it’s far from ideal. Saving money is a superior alternative, albeit challenging. Often, the struggle lies in maintaining savings, as funds intended for one purpose end up diverted elsewhere. We’re all familiar with the difficulty of saving money. […].....»»
Your Brain Might be Hindering You to Save Money, Here’s Why
Saving money poses a formidable challenge, and surprisingly, our brains might be the culprits behind our financial struggles. Psychological and behavioral quirks create hurdles, necessitating an understanding of these factors to triumph over mental obstacles and attain financial goals through savings. Exploring the psychological and behavioral tendencies that turn saving into an uphill battle reveals: […].....»»
Money tops Valentine s Day wish list of Filipinos — SWS
Filipinos want both practical and romantic gifts for Valentine's Day, with money topping the list, according to a survey by the Social Weather Stations. .....»»
5 Practical Steps to Balance Money for a Well-Rounded Life
Trying to save money is good for you financially but sometimes we can be overly frugal, and it can be bad for you too. Saving is not just about pinching pennies — it’s about finding the right balance that lets you enjoy your life without hurting your saving habits. Giving yourself a break from time […].....»»
Trump historic trial: Takeaways from 1st day of hush-money court case
Donald Trump entered the history books on Monday, becoming the first former US president to stand trial on criminal charges. Here are key takeaways from the opening day of “The People of the State of New York vs Donald J. Trump,” in which he faces charges of falsifying business records to conceal “hush money” payments.....»»
Thailand plans to hand out $13.7B in digital money
Thailand plans to hand out $13.7B in digital money.....»»
Money lending firm collector killed in Zamboanga del Sur ambush
Gunmen killed a collector of a local money lending firm in a daytime ambush in Barangay Lutlutan in Dimataling town, Zamboanga del Sur on Wednesday......»»