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More groups to establish Islamic banks in Philippines

More groups are looking at establishing Islamic banks in the Philippines as the first branch of the new banking classification is expected to open soon, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

BSP pursues reforms to modernize banks

The Bangko Sentral ng Pilipinas is pursuing policy reforms to modernize Philippine banks and ensure a sustainable, digital and inclusive banking future......»»

Category: financeSource:  philstarRelated NewsJan 24th, 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

Cool Smashers extend dynastic reign

Creamline’s destiny has long been written in the stars for everyone to see......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

Will Cool Smashers extend dynasty?

Creamline’s long reign could be likened to ancient dynasties that have stood the test of time......»»

Category: sportsSource:  philstarRelated NewsMay 11th, 2024

Brahmans pursue UCAL bid

No. 1 seed University of Batangas tries to extend its winning streak to seven games when it battles No. 4 Philippine Women’s University in the knockout semifinals of the 1st PG Flex-Universities and Colleges Athletic League (UCAL) Women’s Volleyball Tournament today at the University of the Batangas gym in  Batangas City......»»

Category: sportsSource:  philstarRelated NewsMay 10th, 2024

Stocks extend losses to 3 days

The stock market capped off the week in the red on prevailing inflation concerns......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

NBA: LeBron, Lakers take on Pelicans as NBA play-in tips off

LeBron James will be out to extend his 21st NBA campaign on Tuesday when his Los Angeles Lakers open the NBA play-in tournament against the New Orleans Pelicans, the winner booking a playoff meeting with the defending champion Denver Nuggets. The Lakers closed the regular season with a dominant victory over the Pelicans on Sunday......»»

Category: newsSource:  inquirerRelated NewsApr 16th, 2024

What Is Identity Theft and How to Check for It

As technology progresses, so do the tactics used by identity thieves, who continuously devise innovative ways to exploit individuals’ personal information for ill-gotten gains. The implications of identity theft extend far beyond mere inconvenience, often resulting in financial losses and damage to one’s credit score. Fortunately, there are measures individuals can adopt to bolster their […] The post What Is Identity Theft and How to Check for It appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsApr 10th, 2024

Bagong Pilipinas Serbisyo Fair heads to Benguet

In a bid to extend vital government services directly to the people of Benguet and surrounding communities, more than 50 agencies are gearing up to converge in La Trinidad for the upcoming Bagong Pilipinas Serbisyo Fair caravan on April 21 to 22, 2024......»»

Category: newsSource:  philstarRelated NewsApr 9th, 2024

Stocks extend losing streak

Local stocks continued its descent as investors took a cautious approach ahead of the Bangko Sentral ng Pilipinas policy meeting......»»

Category: financeSource:  philstarRelated NewsApr 8th, 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

‘No new taxes likely until 2028’

The stance of Finance Secretary Ralph Recto against new taxes could extend until the end of the administration as the government will try to focus on improving tax collection efficiency first......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

Scorpions stretch UCAL title reign

Centro Escolar University went full throttle in the third quarter and dispatched Diliman College, 74-61, to extend its reign in the Universities and Colleges Athletic League-PG Flex Linoleum Basketball Championship yesterday at the Paco Arena in Manila......»»

Category: sportsSource:  philstarRelated NewsMar 19th, 2024

Villar pushes extension, higher budget for RCEF

Sen. Cynthia Villar wants to double the annual guaranteed allocation for the rice competitiveness enhancement fund to P20 billion as she seeks to extend the fund by another six years or until 2030......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Xinhua world economic news summary at 0900 GMT, March 5

KIEV -- Ukraine stands ready to extend gas transit from Russia if there is a request from the European Union (EU) countries, the Interfax-Ukraine news agency reported Monday, citing Ukrainian Prime Minister Denys Shmyhal. "If the European countries act as a consortium or one of the European partners will act as a transit country for their gas -- we are ready to provide such a service," Shmyhal told a press confe.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

Lady Spikers extend mastery of Blue Eagles with sweep

The La Salle Lady Spikers swept the Ateneo Blue Eagles, 25-12, 25-22, 25-19, to stretch their win streak over their perennial rivals to 13 games Saturday in the UAAP Season 86 women's volleyball tournament at the Mall of Asia Arena in Pasay City......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Ex-President Duterte to back ChaCha if revisions limited only to economic provisions

DAVAO CITY (MindaNews / 28 February) – Former President Rodrigo R. Duterte has changed his stance on Charter Change (ChaCha), saying he will support it for as long as the constitutional reforms will be limited to economic provisions and not to extend the term of the current President, Senators, and members of the House of […].....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

‘Mining should be part of government priority projects’

The government should include mining in its investment priority projects and extend more fiscal incentives to further attract investments in the sector, according to the Chamber of Mines of the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Cua seeks to extend PPS run in Bansalan

Dhea Cua builds up for a big performance on her home turf next week as she aims for another impressive two-title run in the Palawan Pawnshop national junior tennis circuit’s Gov. Yvonne Cagas Championship unfolding today at the Bansalan Tennis Club in Davao del Sur......»»

Category: sportsSource:  philstarRelated NewsFeb 28th, 2024