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ASEAN cross-border remittance service to go live by 2026 – BSP

The Bangko Sentral ng Pilipinas along with other central banks in the region aims to operationalize multilateral cross-border fund transfers by July 2026......»»

Category: financeSource: philstar philstarMar 6th, 2024

BSP finalizes blueprint for cross-border payment

The Bangko Sentral ng Pilipinas is set to issue the blueprint for multilateral cross-border payments connectivity among the Association of Southeast Asian Nations......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Tax Notes: BIR issues clarification on the taxation of cross-border services

Tax Notes: BIR issues clarification on the taxation of cross-border services.....»»

Category: newsSource:  sunstarRelated NewsMar 31st, 2024

Navigating Challenges in B2B Cross-Border Payments

Cross-border payments are vital to B2B operations, enabling businesses to extend their reach globally. While these transactions offer opportunities for international trade, they also present.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 10th, 2024

Australia, ASEAN Warn Against Confrontations in South China

Members of the 10-nation Association of Southeast Asian Nations are urging calm among those who operate in the increasingly volatile South China Sea.The plea was made Wednesday in a joint statement between ASEAN and Australia at the end of a three-day summit in Melbourne. The summit marked the 50th anniversary of Australia establishing formal ties with ASEAN.The declaration said Australia and ASEAN "recog.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

Australia, ASEAN Warn Against Confrontations in South China Sea

Members of the 10-nation Association of Southeast Asian Nations are urging calm among those who operate in the increasingly volatile South China Sea.The plea was made Wednesday in a joint statement between ASEAN and Australia at the end of a three-day summit in Melbourne. The summit marked the 50th anniversary of Australia establishing formal ties with ASEAN.The declaration said Australia and ASEAN "recog.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

US: Texas Border Policies Threaten Deadly Outcomes

(Austin, February 1, 2024) - Increasingly extreme rhetoric from political leaders and escalations of Texas' Operation Lone Star border deterrence program are increasing the risk to the lives and safety of immigrants and border residents alike, Human Rights Watch said today.Earlier in January, three migrants, two of them children, drowned in the Rio Grande near Shelby Park, in the city of Eagle Pass, Texas. Days.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Council formed for Philippine hosting of ASEAN 2026

President Marcos has formed a council to organize the country’s hosting of the Association of Southeast Asian Nations Summit meetings in 2026......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

ASEAN expands regional payment connectivity

The Association of Southeast Asian Nation has onboarded Brunei Darussalam Central Bank and Bank of the Lao PDR in ramping up cross-border payments in the region, bringing the number of total central banks participating in the regional payment connectivity initiative to eight......»»

Category: financeSource:  philstarRelated NewsApr 5th, 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......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Coast Guard ship Samudra Paheredar on overseas deployment to ASEAN, arrives im Phillipines

Manila [Philippines], March 25 (ANI): India Coast Guard ship Samudra Paheredar, a specialized Pollution Control Vessel, reached Manila, Philippines on Monday, marking the commencement of its (overseas deployment) OSD mission to Association of Southeast Asian Nation (ASEAN) countries. ASEAN countries includes Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam, " acc.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

Coast Guard ship Samudra Paheredar on overseas deployment to ASEAN nations, arrives in Philippines

Manila [Philippines], March 25 (ANI): India Coast Guard ship Samudra Paheredar, a specialized Pollution Control Vessel, reached Manila, Philippines on Monday, marking the commencement of its (overseas deployment) OSD mission to Association of Southeast Asian Nation (ASEAN) countries. ASEAN countries includes Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam, " acc.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

Coast Guard ship Samudra Paheredar on overseas deployment to ASEAN, arrives im Phillipines

Manila [Philippines], March 25 (ANI): India Coast Guard ship Samudra Paheredar, a specialized Pollution Control Vessel, reached Manila, Philippines on Monday, marking the commencement of its (overseas deployment) OSD mission to Association of Southeast Asian Nation (ASEAN) countries. ASEAN countries includes Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam, " acc.....»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

Coast Guard ship Samudra Paheredar on overseas deployment to ASEAN nations, arrives in Philippines

Manila [Philippines], March 25 (ANI): India Coast Guard ship Samudra Paheredar, a specialized Pollution Control Vessel, reached Manila, Philippines on Monday, marking the commencement of its (overseas deployment) OSD mission to Association of Southeast Asian Nation (ASEAN) countries. ASEAN countries includes Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam, " acc.....»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

Australia: Spotlight Rights at Summit with ASEAN

(Sydney) - Australian Prime Minister Anthony Albanese should focus on human rights concerns and democratic backsliding at the upcoming summit with Southeast Asian leaders, Human Rights Watch said in a report released today. Albanese will host leaders from nine of the countries making up the Association of Southeast Asian Nations (ASEAN) at the ASEAN-Australia Special Sum.....»»

Category: newsSource:  philippinetimesRelated NewsMar 2nd, 2024

PH OKs revised Asean free trade pacts with ANZ, Hong Kong

MANILA — The Philippines, a founding member of Association of Southeast Asian Nations (Asean), has agreed to amend two important free trade agreements to benefit investors, traders, and exporters. The Department of Trade and Industry (DTI) announced on Thursday  that it signed the Second Protocol to Amend the Agreement Establishing the Asean-Australia-New Zealand Free Trade.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

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.....»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024

Every first Tuesday is Kabayan Day at SM malls

BDO Remit, the remittance service brand of BDO Unibank, in partnership with SM, unveils Kabayan Day, an exclusive year-round promo for overseas Filipinos and their families......»»

Category: financeSource:  philstarRelated NewsFeb 1st, 2024

Asian qualifying results for 2026 FIFA World Cup

BEIJING, March 22 (Xinhua) -- Following are Thursday's results in Asian qualifying for the 2026 FIFA World Cup in the United States, Canada and Mexico: Group A At Doha Qatar bt Kuwait 3-0 At Abha, Saudi Arabia Afghanistan tied India 0-0 Group B At Tokyo Japan bt DPR Korea 1-0 At Yangon Myanmar tied Syria 1-1 Group C At Seoul South Korea tied T.....»»

Category: newsSource:  manilanewsRelated NewsMar 22nd, 2024

Three Cebu booters make final cut for PHL FIFA World Cup 2026 qualifiers line-up

CEBU CITY, Philippines — Cebu Football Club’s Chima Uzoka and Jeremiah Borlongan and homegrown player Theo Libarnes made it to the final roster for the Philippine men’s national football team that will compete in the FIFA World Cup 2026 Qualifiers against Iraq on March 21 in Basra Stadium, Iraq.  Uzoka and Borlongan were among the.....»»

Category: sportsSource:  abscbnRelated NewsMar 13th, 2024

CCP main building rehabilitation continues, eyes 2026 reopening

Rehabilitation of the Cultural Center of the Philippines' main building in Pasay is 30% complete and is currently set to reopen to the public in 2026......»»

Category: entertainmentSource:  philstarRelated NewsFeb 3rd, 2024