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Abante Front Page | Balita ngayong Abril 07, 2024
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Abante Front Page | Balita ngayong Marso 31, 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......»»
People are my star campaigners: CM Jagan Mohan Reddy
Anantapur (Andhra Pradesh) [India], January 23 (ANI): Describing the beneficiaries of welfare schemes as his star campaigners, Chief Minister YS Jagan Mohan Reddy asked them to cast their vote for Yuvajana Sramika Rythu Congress Party (YSRCP) in the coming elections to ensure the continuity of direct benefit transfer and non-DBT welfare schemes in future. Addressing a huge public meeting in Uravakonda here on Tuesday, the.....»»
People are my star campaigners: CM Jagan Mohan Reddy
Anantapur (Andhra Pradesh) [India], January 23 (ANI): Describing the beneficiaries of welfare schemes as his star campaigners, Chief Minister YS Jagan Mohan Reddy asked them to cast their vote for Yuvajana Sramika Rythu Congress Party (YSRCP) in the coming elections to ensure the continuity of direct benefit transfer and non-DBT welfare schemes in future. Addressing a huge public meeting in Uravakonda here on Tuesday, the.....»»
Interview: ISU chief hails next generation stars rising at Gangwon 2024
GANGNEUNG, South Korea, Jan. 28 (Xinhua) -- The next generation stars in ice skating are rising at the 2024 Gangwon Winter Youth Olympic Games, chief of the global skating governing body has said. "Next-generation stars can compete [at a] global level. Just like many other sports, this is an event where we get to see the rising stars, the next generation stars," Kim Jae-youl, president of the International Skati.....»»
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......»»
The Mayor of Virac expresses gratitude to the former Chief of Police and extends full support to the new leadership of PNP Virac
Mayor Sammy Laynes conveys his appreciation for the service rendered by outgoing Chief of Police Robert Kevin Caparosso during his tenure at the Virac Municipal Police Station for several years. Meanwhile, the mayor pledges his full support to the new leadership under OIC Chief of Police Emsol Icawat. “We also thank our outgoing chief, PMAJ […] The post The Mayor of Virac expresses gratitude to the former Chief of Police and extends full support to the new leadership of PNP Virac appeared first on Bicol Peryodiko......»»
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 […].....»»
FACT CHECK: Link for scholarship program posted by fake Landbank page
Both the Facebook page and the link for the supposed scholarship program are not affiliated with Landbank, according to a Facebook post on its official and verified page.....»»
BSP on guard vs inflation risks amid El Niño
The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»
Taiwan s Navy Chief to Visit US Next Week, Sources Say
Taiwan's navy chief, Tang Hua, will visit the United States next week to attend a military ceremony and discuss how to boost bilateral naval cooperation as China raises threats toward the island, six people briefed on the trip said.While Taiwan and the United States have a close relationship, it is unofficial, as Washington formally recognizes China, not the democratically governed island that Beijing claims as.....»»
Valenzuela police’s Facebook page hacked
The official Facebook page of the Valenzuela City police was hacked, city police chief Col. Salvador Destura announced yesterday......»»
PNP-Davao vows to continue search for Quiboloy
FOLLOWING the installment of Police Brigadier General Aligre Lamsen Martinez as the new director of the Davao Police Regional Office (PRO-Davao), the police agency vows to sustain its move to trace the whereabouts of Pastor Apollo Quiboloy......»»
Israel vows retaliation following Irans attack: Analysts predict potential outcomes
Israel’s Iron Dome intercepts rockets from Gaza, vows to retaliate against Iran In a recent development, Israel’s Iron Dome anti-missile system successfully intercepted rockets launched.....»»
LTO vows 'aggressive' drive vs colorum vehicles
LTO vows 'aggressive' drive vs colorum vehicles.....»»