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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

Travel agencies group warns about cheap, illegal operators

The Davao Travel Agencies Association (DTAA) has issued a warning about unregistered and illegal travel and tour operators in their area. These operators have been found to be offering travel and tour services without proper licensing, leading to issues such as lack of refunds, scheduling problems, and other travel arrangement discrepancies. Pia Partoza Montano, a travel agency owner and Vice-President for the Travel and Tours Sector of DTAA, emphasized the prevalence of these unauthorized operators, particularly in inbound tourism, and the challenges in monitoring and regulating them due to their large numbers. Montano also highlighted the potential risks associated with using these unregistered agencies, as they may offer cheaper rates but could lead to problems in case of incidents. To address this issue, the Department of Tourism-Davao (DOT-Davao) has introduced a QR code system to help the public verify the legitimacy of travel agencies by accessing data on authorized and registered operators. The DOT-Davao encourages travelers to transact with accredited enterprises to ensure the quality and reliability of their travel arrangements. Currently, there are at least 109 registered travel and tour agencies in Davao City under DOT-Davao's accreditation. The DOT-Davao also provides information on the requirements for registration and renewal for travel agencies on their official website. This warning serves as a reminder for the public to be cautious and discerning when engaging with travel and tour operators to avoid falling victim to unauthorized and illegitimate services......»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

DOT advises public to ‘travel wisely’ this Holy Week

MANILA, Philippines — The Department of Tourism (DOT) is advising the public to “travel wisely” to ensure safety during the Holy Week celebrations. “Travelers needing accommodation, tours, transportation, and other tourism-related services are strongly advised to patronize DOT-accredited tourism enterprises. Accreditation by the DOT recognizes establishments as having complied with the department’s minimum standards set.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

Ben& Ben concert for a cause

Ben& Ben concert for a cause.....»»

Category: newsSource:  sunstarRelated NewsFeb 27th, 2024

Ed Sheeran sings Maybe The Night with Ben& Ben during Manila 2024 concert

Another local band had an unforgettable moment performing with an internationally renowned artist after vocalist brothers Miguel and Paolo Benjamin of Ben&Ben shared the stage with British singer-songwriter Ed Sheeran......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

Ben& Ben proud to be part of Ed Sheeran’s concert

The members of OPM hitmaker Ben&Ben shared their thoughts following the announcement of their guest performance in British pop star Ed Sheeran’s concert at the SMDC Festival Grounds in Parañaque on March 9......»»

Category: entertainmentSource:  philstarRelated NewsMar 2nd, 2024

Ben& Ben joining Ed Sheeran s Manila 2024 concert as special guest

Local folk-pop band Ben&Ben will be performing at Ed Sheeran's upcoming concert in Manila on March 9......»»

Category: entertainmentSource:  philstarRelated NewsFeb 27th, 2024

Lotto bettor nga 20 ka higayon nakadaug sa usa ka buwan gi-buking ni Tulfo

Kun si Senador Raffy Tulfo ang pasultihon, makaduda kuno kaayo nga ang usa ka taw hasta ka 20 makadaug og lotto sa sulod sa usa ka buwan. Si Tulfo misulti niini human niya istudyohi pag-ayo ang listahan sa mga lotto winners nga gihatag sa Philippine Charity Sweepstakes Office (PCSO). “’Yung PCSO nagbigay ho sa akin.....»»

Category: sportsSource:  abscbnRelated NewsMar 13th, 2024

Tulfo: DENR bantay-salakay sa kalikasan

Tahasang sinabi ni Senador Raffy Tulfo na bantay-salakay ang Department of Environment and Natural Resources dahil imbes na pangalagaan ang kalikasan ay tumutulong pa sila sa pagsira nito. The post Tulfo: DENR bantay-salakay sa kalikasan first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 4th, 2024

Tulfo kay Herbosa: Generic drug na walang bisa, hubaran

Hinamon ni Senador Raffy Tulfo ang kalihim ng Department of Health na ilantad ang mga drug company na gumagawa ng generic drug na walang bisa o hindi nakakagamot. The post Tulfo kay Herbosa: Generic drug na walang bisa, hubaran first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 2nd, 2024

Erwin Tulfo pokus muna sa trabaho kaysa mag-senador

Masaya sa kanyang trabaho sa Kamara de Representantes si ACT CIS party-list Rep. Erwin Tulfo at hindi muna iniintindi ang lumabas na senatorial survey kung saan number 1 siya. The post Erwin Tulfo pokus muna sa trabaho kaysa mag-senador first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 4th, 2024

Tulfo’s bill seeks to impose stricter penalties for drunk drivers

MANILA, Philippines — A bill seeking to impose stricter penalties for drunk drivers, including a fine of up to P1,000,000, has been filed by Senator Raffy Tulfo. At present, the current law penalizes drunk drivers who caused homicide with a fine ranging from P300,000 to P500,000. But Tulfo, through his Senate Bill No, 2546, proposed.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

BSP issues guidelines for payment systems

The Bangko Sentral ng Pilipinas (BSP) has released its first Manual of Regulations for Payment Systems (MORPS), a formal compilation of all payment system regulations approved by the Monetary Board as of end-December 2023......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Raffy Tulfo tackles crime, abuse on TV5 comeback show

Media personality and senator Raffy Tulfo returns to television via a new show on TV5 that aims to "seek justice" and "extend help" for people in need. .....»»

Category: entertainmentSource:  philstarRelated NewsApr 5th, 2024

India s neighbors adopt its digital payment system

New Delhi has launched its Unified Payment Interface in Sri Lanka and Mauritius, bolstering its influence in the region The leaders of India, Mauritius, and Sri Lanka have virtually launched New Delhi's Unified Payment Interface (UPI) system. The move allows Indian tourists to pay with the app while visiting t.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 13th, 2024

Rep. Tulfo calls on nat’l gov t to probe into Masara landslide

ACT-CIS Partylist representative Congressman Erwin Tulfo, earlier this week, reiterated his sentiments regarding the slow conduct of the investigation by the national government into the Masara landslide tragedy that claimed at least 98 individuals and injured 32......»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

Ed Sheeran nag-enjoy mag-karaoke, sey niya sa Ben& Ben: Bloody brilliant!

GOOD vibes ang hatid ng recent social media post ng sikat na international singer na si Ed Sheeran. Ito ‘yung Instagram video kung saan ibinandera niya ang behind-the-scenes bago mag-umpisa ang kanyang Manila concert sa SMDC Festival Ground sa Paranaque city noong March 9. Mapapanood sa post na nagdala ng portable karaoke machine si Ed.....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 2024

Tothapi may bagong single, ka-join na sa Sony Music family

LEVEL up ang breakthrough Bicol-based band na Tothapi! Sila kasi ang pinakabagong pamilya ng Sony Music Entertainment na kinabibilangan ng ilan sa mga biggest OPM acts ng bansa, katulad ng Ben&Ben, SB19, Denise Julia, Clara Benin, Ace Banzuelo, The Itchyworms, Sponge Cola, at marami pang iba. “It has been an amazing ride with Sony Music.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

DOT To Launch Tourism Program for OFWs

The Department of Tourism (DOT) and Department of Migrant Workers (DMW) have teamed up for the Balik Bayani sa Turismo program, recognizing the key role OFWs play in boosting the Philippine economy. Aligned with the National Government’s OFWs Reintegration Program, it focuses on providing livelihood and financial literacy opportunities through tourism training for OFWs and their […].....»»

Category: newsSource:  metrocebuRelated NewsJan 26th, 2024

DOT seeks inclusion in protected areas board amid Chocolate Hills issue

Department of Tourism Sec. Christina Frasco —INQUIRER.net file photo / Ryan Leagogo After the recent controversy surrounding a resort development near Chocolate Hills in Sagbayan town, Bohol, the Department of Tourism (DOT) announced plans to advocate for its inclusion in the national government’s Protected Area Management Board (PAMB). Tourism Secretary Christina Frasco stated during a.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024