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Philippines, German central banks partner on capacity-building
The central banks of the Philippines and Germany have formalized their partnership on capacity-building through the signing of a memorandum of understanding......»»
Banks’ bad loans swell in 2023
The soured loans of Philippine banks picked up to 3.23 percent in 2023 from the almost two-year low in 2022, according to the Bangko Sentral ng Pilipinas......»»
RCBC the best PH bank by network uptime, and UBP ranks at the bottom
Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»
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......»»
Government urged: Study PUV modernization program more amid consolidation extension
Government urged: Study PUV modernization program more amid consolidation extension.....»»
DTI, Go Negosyo strengthen MSME Development program
The Department of Trade and Industry (DTI) and Go Negosyo agreed to strengthen their collaboration to further develop the country’s MSMEs......»»
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......»»
The Importance of Still Keeping Loose Change
In the Philippines, the convenience of digital payments is quickly becoming the norm. There are now fewer lines to the ATMs every payday, people are now using their phones more for payments, and digital banks are becoming more prevalent. Amidst the digital transformation the country is undergoing, we often hear “I don’t have cash” from […].....»»
BSP to be more cautious on lowering rates – S& P
The Bangko Sentral ng Pilipinas, along with other emerging market central banks, would be more cautious about cutting borrowing costs this year amid external risks, according to S&P Global Ratings......»»
BSP approves more changes to forex rules
The Bangko Sentral ng Pilipinas has approved more amendments to its regulations to further facilitate the access of authorized agent banks to foreign exchange resources and streamline documentary requirements, procedures as well as reporting......»»
Plaza Independencia: Rama plans to rubberize park, make more family-friendly
CEBU CITY, Philippines — Cebu City Mayor Michael Rama plans to make Plaza Independencia more family friendly as he envisions more changes to make this dream a reality. These included having the inside of the Plaza Independencia being rubberized, having more plants inside to make it also more environment-friendly and to have facilities for families.....»»
Vaccination for Negrense kids urged to prevent pertussis
Vaccination for Negrense kids urged to prevent pertussis.....»»
Family support for mental health urged amid rising youth suicides
Family support for mental health urged amid rising youth suicides.....»»
City urged to reconvene terminal accreditation body for PUJ, V-hire
City urged to reconvene terminal accreditation body for PUJ, V-hire.....»»
City farmers urged to coordinate with brgys for rainwater catchment project
City farmers urged to coordinate with brgys for rainwater catchment project.....»»
Power utilities urged to avail of LandBank’s ‘Anti-Bill Shock’
Power utilities urged to avail of LandBank’s ‘Anti-Bill Shock’.....»»
President Marcos urged to probe Baste over Davao EJKs
Human rights organization Amnesty International (AI) has urged the Marcos administration to investigate Davao City Mayor Sebastian Duterte in connection with killings linked to the supposed drug war in the city......»»
DOTr urged to accept unconsolidated PUJ applications for PA
DOTr urged to accept unconsolidated PUJ applications for PA.....»»
College graduates with Latin honors urged to join public service
College graduates with Latin honors urged to join public service.....»»
BI urged to shed light on influx of Chinese students in PH
BI urged to shed light on influx of Chinese students in PH.....»»