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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

VP Sara: Protect kids vs NPA recruitment

VICE President and Education Secretary Sara Duterte is asking for help to protect the school children so they would not be easily recruited by the New People's Army (NPA)......»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

Boys Over Flowers star Oguri Shun, Han Hyo Joo to star in romantic series — reports

Korean actress Han Hyo-joo is reportedly going to star with Japanese star Oguri Shun in a romantic comedy series......»»

Category: entertainmentSource:  philstarRelated NewsMar 14th, 2024

Catholic church urges Duterte to use voice responsibly, not sow discord

Catholic church urges Duterte to use voice responsibly, not sow discord.....»»

Category: newsSource:  sunstarRelated NewsFeb 10th, 2024

Rama on Duterte-Marcos word war: ‘It’s not fair to those who supported UniTeam’

CEBU CITY, Philippines – Cebu City Mayor Michael Rama could not help but express his dismay on the ongoing word war involving President Ferdinand Marcos Jr. and former President Rodrigo Duterte. Rama said he finds the “tug-of-war” involving the two UniTeam leaders “unfair” especially to their members. The Cebu City mayor said that it was.....»»

Category: newsSource:  inquirerRelated NewsFeb 3rd, 2024

Trillanes rumesbak sa Duterte camp: ‘Sila ang kumita sa China’

Matapos akusahang ibinenta ang Scarborough Shoal sa China, rumesbak si dating Senador Antonio Trillanes IV at sinabing ang kampo ni dating Pangulong Rodrigo Duterte ang kumita dahil sa deal sa Beijing. The post Trillanes rumesbak sa Duterte camp: ‘Sila ang kumita sa China’ first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 2nd, 2024

Binoldyak ng 2 ex-SC justice: Duterte sumuko sa China

Ayon kay dating Associate Justice Antonio Carpio, isinuko ni Duterte ang mga karapatan ng bansa sa Ayungin Shoal dahil sa kasunduan nito sa China. The post Binoldyak ng 2 ex-SC justice: Duterte sumuko sa China first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 30th, 2024

Sara: No political discussions with Marcos Jr., Duterte

Vice President Sara Duterte has neither been discussing with her father, former president Rodrigo Duterte, nor with President Marcos any of her political plans or stand on national issues......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

That extra step: How TV Patrol verified Rep. Paolo Duterte s questionable PHP51-billion infrastructure budget

CHEERS TO ABS-CBN's TV Patrol for its report that confirmed that Davao City 1st District Representative Paolo Duterte received a total of PHP51 billion for infrastructure projects from 2020 to 2022, when his father, former president Rodrigo Duterte, was still in o.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Rama ‘worried’ about Duterte-Marcos dispute

CEBU CITY, Philippines – Cebu City Mayor Michael Rama expressed concern about the ongoing political dispute in the country between former President Rodrigo Duterte and the incumbent President Ferdinand Marcos Jr. The issue has become a matter of concern for Rama, given his personal relationship with both Duterte and Marcos, whom he considers “friends.” He.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Honasan seeks ceasefire between feuding Marcos, Duterte camps

MANILA, Philippines — Former Senator Gringo Honasan on Monday urged for a ceasefire between the camps of President Ferdinand “Bongbong” Marcos Jr. and former President Rodrigo Duterte following a volley of heated allegations between the two. In a statement, Honasan called on Marcos and Duterte to “show sobriety” for the sake of those who look.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Cong. Pulong Duterte got P51-B budget in three years

It was his own statement about having his district budget reduced this year that got House members to probe and discover that Davao City First District Representative Paolo ‘Pulong’ Duterte, son of former President Rodrigo Duterte, had received P51 billion in the past years......»»

Category: newsSource:  davaotodayRelated NewsJan 26th, 2024

QC prosecutor’s office junks ‘grave threats’ rap vs Duterte

The Quezon City Prosecutor’s Office has dismissed the grave threats case filed by ACT Teachers Rep. France Castro against former President Rodrigo Duterte, saying there was insufficient evidence to prove his intent to harm her. Castro accused Duterte of threatening to kill her based on statements he made during two episodes of his show “Gikan sa Masa,.....»»

Category: newsSource:  inquirerRelated NewsJan 13th, 2024

NSC exec: Gentleman’s agreement not binding

The Philippines will not do anything to jeopardize its occupation of Ayungin Shoal, National Security Council assistant director general Jonathan Malaya said yesterday, underscoring that former president Rodrigo Duterte’s “gentleman’s agreement” with China is not legally binding......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

No sanctions for teacher scolding pupils — VP Sara

MANILA, Philippines — Vice President and Secretary of the Department of Education (DepEd) Sara Duterte announced on Thursday that the teacher who was seen in a viral video scolding her class will not face any penalties. According to Duterte, she just wants to remind the teacher that when she is angry, she has to pause.....»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

Duterte’s advice to Quiboloy: “get yourself arrested”

DAVAO CITY (MindaNews / 28 February) – “Get yourself arrested,” is the advice of former President Rodrigo Duterte to his friend and spiritual adviser Pastor Apollo Quiboloy who will be cited for contempt and arrested if he does not appear before a Senate Committee hearing on Tuesday, March 5 on the “reported cases of large-scale […].....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

After a failed bid for a Federal Philippines, Duterte now wants an independent Mindanao 

DAVAO CITY (MindaNews / 31 January) – After a failed bid to change the 1987 Constitution and shift to a Federal Philippines during his six-year Presidency, former President Rodrigo Duterte now wants an independent Mindanao. It will not be a bloody separation from the Philippines and they would go all the way to the United […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

Duterte s Mindanao secession idea thumbed down

Former President Rodrigo Duterte’s idea of an independent Mindanao is unconstitutional and will not happen, according to former Sen. Panfilo Lacson......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

La Viña on Duterte’s advice to Quiboloy: “a good lawyer will advise to cooperate”

DAVAO CITY (MindaNews / 29 February) – “A good lawyer will advise Quiboloy to cooperate. No ifs and buts, no way around this,” Law professor and former Law dean Antonio La Viña said in reaction to former President Rodrigo Duterte’s advice to his friend and spiritual adviser Pastor Apollo Quiboloy to “get yourself arrested” instead […].....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

PNP won’t intervene in people’s initiative

The Philippine National Police will not intervene in the signature campaign seeking to amend the 1987 Constitution as long as it does not lead to violations of the law, according to PNP chief Gen. Benjamin Acorda Jr., after former president Rodrigo Duterte called on security forces to “protect” the Charter......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024