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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......»»
Will India join the US-China tug-of-war?
As the tussle between Beijing and Manila over the vital trade corridor intensifies, New Delhi remains vigilant The Philippines deployed ships to a disputed area in the South China Sea over the weekend to stop what it called China's "alarming activities." The office of President Ferdinand Marcos Jr. said in a.....»»
Will India join the US-China tug-of-war
As the tussle between Beijing and Manila over the vital trade corridor intensifies, New Delhi remains vigilantThe Philippines deployed ships to a disputed area in the South China Sea over the weekend to stop what it called China's "alarming activities." The office of President Ferdinand Marcos Jr. said in a statement that patrol ships will monitor.....»»
EDITORIAL - More destructive La Niña
With the country still feeling the lingering effects of the El Niño weather pattern, the Department of Agriculture is now bracing for what it describes as a “more destructive” La Niña. While El Niño intensifies the prevailing weather and typically induces severe drought during the dry season, La Niña causes heavier rainfall and stronger tropical cyclones in the Philippines......»»
Solar storm could bring auroras, power and telecoms disruptions
WASHINGTON, United States – A huge solar storm has begun pummeling Earth, bringing possible disruptions to satellites and power grids — and stunning auroras — as it intensifies Friday evening. The first of several coronal mass ejections (CMEs) — large expulsions of plasma and magnetic fields from the Sun — arrived in the early afternoon,.....»»
Baguio intensifies drive vs dengue anew
The city government here has intensified its campaign against dengue anew as the disease is expected to peak during summer until the rainy season......»»
DTI Capiz intensifies watch on ‘noche buena’ goods sales
ROXAS CITY – The Department of Trade and Industry has been intensifying its monitoring activities during the holidays ensure that consumers are well-protected......»»
Philippines intensifies monitoring against illegal drug smuggling
MANILA, March 14 (Xinhua) -- The Philippine Coast Guard (PCG) said Thursday that it will heighten monitoring measures to fight against illegal drug smuggling. PCG Commandant Ronnie Gil Gavan issued the order after its force recovered 122.7 million pesos (about 2.2 million U.S. dollars) worth of suspected cocaine in the waters off and shorelines of central and southern Philippines this month. Gavan ordered.....»»
AppleOne intensifies efforts to boost local tourism
AppleOne Group Inc., a Cebu-based property developer, is gearing up to welcome an increased influx of both local and international travelers this year to further showcase its ongoing commitment in helping foster people-to-people connections, enriching cultural relations, and contributing to the boosting of tourism at the local and national levels......»»
PH intensifies patrols to guard WPS fishing grounds
The Philippines will actively protect its traditional fishing grounds in the West Philippine Sea from increasing Chinese aggression by having government ships regularly patrol Panatag (Scarborough) Shoal starting this month. National Security Adviser Eduardo Año announced that vessels from the Philippine Coast Guard (PCG) and the Bureau of Fisheries and Aquatic Resources (BFAR) will take.....»»
Have you felt it? Chilly weather expected in Cebu as ‘amihan’ intensifies – Pagasa
CEBU CITY, Philippines – Cebu is set for chilly and breezy weather due to the strengthening northeast monsoon, locally known as hanging amihan, in Luzon and Visayas, as confirmed by the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa)-Mactan. Engineer Al Quiblat, chief of Pagasa-Mactan, said that due to the prevalence of cooler winds, a.....»»
Nanay nina Patrick at Chesca pumanaw na: ‘The OG, the coolest Grandma!’
SUMAKABILANG-BUHAY na ang nanay nina Patrick Garcia at Chesca Garcia Kramer na si Maria Celeste Dahlia “Bing” Velasco nitong Sabado, April 20. Siya ay 70 years old. Kinumpirma ng kapatid nina Patrick at Chesca na si Pichon Garcia ang malungkot na balita sa pamamagitan ng kanyang social media. Aniya sa kanyang post, “To those who.....»»
Dedma sa mga nang-iintriga: Darren Espanto pasok sa ‘DaBeKi’ nina Bela Padilla, Kim Chiu
Kinaaliwan ng netizens ang bagong grupo nina Kim Chiu, Bela Padilla, at Darren Espanto na 'DaBeKi'. The post Dedma sa mga nang-iintriga: Darren Espanto pasok sa ‘DaBeKi’ nina Bela Padilla, Kim Chiu first appeared on Abante......»»
Dominic Roque ‘barkada’ lang nina Bullet Jalosjos at Bong Suntay
DINENAY nina Mayor Bullet Jalosjos at dating Congressman Bong Suntay ang mga kumakalat na chikang nag-uugnay sa kanila ng aktor na si Dominic Roque. Sa kanilang sitdown interview na mapapanood sa Sentro Artista Philippines, isa-isa nilang sinagot ang mga isyung nagdadawit sa kanila sa recent break-up ng BeaDom. Paglilinaw nina Mayor Bullet at former Cong......»»
Duaw Davao Festival to boost summer tourism
THE officer-in-charge of the Davao City Tourism Operations Office (CTOO) has announced that the Duaw Davao Festival is set to become the city's premier summer event......»»
Imee on CBRT issue: Should have been settled before project was started
CEBU CITY, Philippines — Senator Imee Marcos believes that while local officials in Cebu “know much better” in handling the issues hounding the ongoing construction of the Cebu Bus Rapid Transit (CBRT), she said issues should have been addressed before the project was actually started. “Sadly, this all should have been settled before the national.....»»
Councilor urges social media influencers to observe local laws
The Davao City councilor, Temujin “Tek” Ocampo, has urged social media influencers to familiarize themselves with local ordinances before promoting areas to their followers. Ocampo, who heads the Committee on Environment and Natural Resources, appreciates the promotion of Davao City by social media influencers but emphasizes the importance of understanding local laws before attracting crowds to specific areas. He expressed gratitude for the promotion but highlighted the challenge of controlling the influx of people once a location is featured. Ocampo plans to collaborate with Councilor Al Ryan Alejandre, Chair of the Committee on Tourism and Beautification, to accredit social media vloggers through the local government unit. He underscored the need for accredited vloggers, recognizing their contributions to the city and addressing any mistakes they might make. This initiative aims to balance recognition for positive actions with corrective measures for any missteps. The concerns arose in November 2023 when a Davao City-based environment group criticized a travel vlogger for promoting recreational activities in a river within the Panigan-Tamugan Watershed. Following a waste dumping incident on January 11, 2024, the group urged Dabawenyos, especially vloggers and influencers, to refrain from visiting protected areas for leisure. They emphasize the importance of understanding and respecting rules and regulations before endorsing specific parts of the city......»»
Philippines braces for La Nina, continues to deal with El Nino
MANILA, March 26 (Xinhua) -- The Philippines will continue to implement measures to lessen the impact of the El Nino weather phenomenon, as it braces for the opposite La Nina weather pattern, Philippine Science and Technology Secretary Renato Solidum said Tuesday. Solidum said in a news conference that the Department of Science and Technology's record showed that as of Sunday, 37 provinces across the country hav.....»»
Cebu brace for hottest month, heat index to become dangerous
Cebu brace for hottest month, heat index to become dangerous.....»»
Precarious
The precariousness of our energy situation stares us in the face as the hot months become hotter still. Energy rationing has become a distinct possibility......»»