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CHR probes slay of Mindoro Oriental village exec

The Commission on Human Rights-Mimaropa office is investigating the killing of a barangay official in Calapan, Oriental Mindoro earlier this month......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

NBI probes P1 billion paluwagan scam

The National Bureau of Investigation is investigating a paluwagan scam in Pasig City that allegedly defrauded several people of nearly P1 billion, an NBI official said on Monday......»»

Category: newsSource:  philstarRelated NewsJan 10th, 2024

Philippines foreign investments yield net outflows in March

MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

LTO-7 opens new licensing office in Brgy. Talamban

CEBU CITY, Philippines —  The Land Transportation Office in Central Visayas (LTO-7) has found a new place that they could call home for now. On Tuesday, April 23, LTO-7  formally opened its new licensing office at Piazza Elesia along Gov. M. Cuenco Ave. in Brgy. Talamban in Cebu City. Public transactions will now be accommodated.....»»

Category: newsSource:  inquirerRelated NewsApr 23rd, 2024

OCD warns: Do not transact with brokers, fixers

The Office of Civil Defense (OCD) cautioned the public against some groups and individuals who are using the name of the agency and its officers for government transactions......»»

Category: newsSource:  philstarRelated NewsApr 19th, 2024

BPI Customers Experience Transaction Delays Due to High Weekend Activity

Bank of the Philippine Islands (BPI) customers faced delays in essential banking services due to a surge in weekend transactions, primarily tax payments, today, April 16, 2024. In a Facebook post, BPI said that their services which include ATM withdrawals, CAM deposits, Debit Card purchases, BPI app, BPI online, and the use of BPI online […].....»»

Category: newsSource:  metrocebuRelated NewsApr 16th, 2024

Landbank eyes digital expansion

State-run Land Bank of the Philippines is targeting to reduce over-the-counter transactions as it moves to expand its digital services for customers......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

Consumer complaints rise in 2023 – DTI

Online transactions continued to dominate the complaints lodged by consumers at the Department of Trade and Industry last year......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

BSP to banks, financial institutions: Prioritize national ID as top identification

The central bank said that institutions should “adopt enhanced measures to ensure the broad acceptance of the PhilID” whether its physical or electronic version as a valid proof of identity and age for all financial transactions. .....»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

QR Codes: A Scan Towards Simpler Transactions

Quick Response codes (QR codes), those ubiquitous black and white squares, are now more than just a shortcut to websites. They’re now revolutionizing the way we pay, offering a faster, more secure, and surprisingly error-free alternative to traditional methods. For those still on the fence about using QR codes, Here’s how they can streamline your […].....»»

Category: newsSource:  metrocebuRelated NewsMar 11th, 2024

DTI eyes completion of ITA IRR by March 19

The Department of Trade and Industry (DTI) is hoping to complete the implementing rules and regulations (IRR) of the Internet Transactions Act (ITA) by March 19, according to an official of the agency......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Russia s trade with key BRICS partners now almost dollar-free

95% of the country's transactions with India and China were conducted in local currencies last year National currencies were used in 95% of Russia's trade with China and India last year, the secretary general of the International Chamber of Commerce (ICC), Tatiana Monaghan, revealed on Monday.   According.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 13th, 2024

Office space take-up reaches nearly 300,000 sqm in 2023

Metro Manila office space net absorption more than doubled to 297,800 square meters (sqm) in 2023, driven by continued transactions mostly from traditional firms......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

BSP to further relax forex rules

The Bangko Sentral ng Pilipinas may further relax its rules and regulations governing foreign exchange transactions in a bid to attract more foreign investments into the country......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Delivery rider nabbed for hold up me scheme

A delivery rider in Davao City, Bryan Sistual Capote, gained attention after claiming to be robbed while on duty. However, police investigations revealed inconsistencies in his story. Witnesses reported no signs of trouble during the alleged robbery, and tracking Capote's e-wallet transactions uncovered a transfer matching the amount he claimed was stolen. Confronted by authorities, Capote confessed to fabricating the robbery. He now faces charges for his deceitful actions......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Transactions in coin deposit machines near P400 million

More and more Filipinos are using the coin deposit machines deployed by the Bangko Sentral ng Pilipinas in major malls across the metropolis as part of its coin recirculation program......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Paleng-QR Philippines launched in Quezon City public market

Quezon City Mayor Joy Belmonte yesterday led the launch of the Paleng-QR Ph Plus program that will enable cashless transactions at the Project 4 public market. .....»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

From free InstaPay transfers to personalized banking: New Metrobank App is making online banking easier

The Metrobank App brings convenient banking at your fingertips by making transactions simple with just a few taps, ensuring that your money is safe with enhanced security, and anticipating your needs with smart features......»»

Category: financeSource:  philstarRelated NewsJan 18th, 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

From free InstaPay transfers to personalized banking: New Metrobank App is making online banking easier

The Metrobank App brings convenient banking at your fingertips by making transactions simple with just a few taps, ensuring that your money is safe with enhanced security, and anticipating your needs with smart features......»»

Category: financeSource:  philstarRelated NewsJan 11th, 2024