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UN urges countries to reverse funding pause for Palestinian agency
Most of Gaza's 2.3 million people are reliant on the aid UNRWA provides, including about one million who have fled Israeli bombardments sheltering in its facilities.....»»
Globe launches connectivity solution for disaster response
Wireless operator Globe Telecom Inc. has brought in an improved version of its technology that provides connectivity services, from call and text to internet access, in times of emergency......»»
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......»»
Municipality of Cagwait Launches a Beacon of Hope for Survivors of Gender-Based Violence
Cagwait, Surigao del Sur-In response to the cases of gender-based violence (GBV) in the Municipality of Cagwait, the Local Committee Against Trafficking and Violence Against Women and Children (LCAT-VAWC) has established a temporary shelter, serving as a beacon of hope. This shelter provides a safe haven and protective custody to women and children in need of special protection.Inaugurated.....»»
‘A Philippine Social Science Award in graduate education’
My column today provides a little window for my readers on what might be possible in the encouragement of scholarly work by young Filipino scholars. (I apologize, in part, because to some extent, the material is partly related to my family history.).....»»
Speaker provides aid to 8,000 Benguet residents
Up to 8,000 residents in Benguet have received a total of P25 million in cash, educational and livelihood assistance from Speaker Martin Romualdez......»»
3 cities in PH have cleanest air in Southeast Asia
MANILA, Philippines — Three cities in the Philippines ranked among the cleanest in terms of air pollution levels in Southeast Asia, according to a 2023 international report on air quality. The Swiss air-monitoring company IQAir’s 2023 World Air Quality Report provides a global review of air quality, citing PM2.5 air quality data from 7,812 cities.....»»
Higher education and how to improve it
The joint resolution of the House and the Senate proposes to amend the restrictive provisions of the 1987 Constitution by adding the phrase, “Unless provided by law,” to the general provisions of Article XIV, Paragraph 2, which provides that all educational institutions shall be owned solely by citizens and corporations or associations at least 60 percent owned by Filipinos......»»
All Hail the Camera King! HONOR Magic6 Pro Ranks Number 1 in Camera Global Rankings
The leading global provider of smart devices, HONOR, claimed the top spot as the best camera smartphone in the recent DxOMark ranking test, dethroning its competitors with a high-ranking score of 158. DxOMark, an independent camera testing organization that provides comprehensive evaluations of camera performances, has awarded HONOR Magic6 Pro as the top contender in […].....»»
EDITORIAL - Proudly Phl-made
Entrepreneurs will welcome the signing of the Tatak Pinoy (Proudly Filipino) Act, which provides financing and incentives to local producers of quality goods......»»
Failure of Manila s anti-China bloc in S. China Sea is determined
Philippine President Ferdinand Marcos Jr.'s file photo. /XinhuaEditor's note: CGTN's First Voice provides instant commentary on breaking stories. The column clarifies emerging issues and better defines the news agenda, offering a Chinese perspective on the latest global events. The Philippines and Vietnam on Tuesday signed two memorandums of understanding (MOUs) on ma.....»»
PAGCOR keen on issuing more international gaming licenses
The Philippine Amusement and Gaming Corp. is open to keeping the Philippine Offshore Gaming Operators sector alive, with its top official saying that it provides employment to close to 70,000 Filipinos......»»
Gov’t debt stock rose to P14.79 trillion as of Jan
MANILA, Philippines — The government’s outstanding debt rose in January due to a weak peso and after the Marcos administration borrowed more from local creditors than what it paid for its maturing liabilities, the Bureau of the Treasury (BTr) reported Friday. Data showed state obligations increased 1.9 percent month-on-month to P14.79 trillion as of January. ALSO READ:.....»»
Korea-led joint venture bags Comelec deal
A joint venture led by South Korean firm Miru Systems Co. Ltd. bagged the multibillion-peso contract for the lease of voting machines to be used in the May 2025 midterm polls, the Commission on Elections announced yesterday......»»
Tax credit scam: 5 ex-DOF execs get 8 years
The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»
SC affirms conviction of man caught with fake bills
The Supreme Court has upheld the conviction of a man arrested for possession and use of counterfeit Philippine peso bills......»»
Rewind breaks P900M mark, including over P50M abroad
"Rewind" starring real-life couple Marian Rivera and Dingdong Dantes surpassed the P900-million peso mark at the global box office, a first for any Filipino film......»»
Moody’s: BSP rate cut could start in August
The Bangko Sentral ng Pilipinas could cut borrowing costs by 25 basis points as early as August, and another 25 bps in the fourth quarter, if inflation and the peso stabilize in the second half of the year, Moody’s Analytics said......»»
Bank of Commerce raises P6.57 billion from bond offering
San Miguel-led Bank of Commerce has raised P6.57 billion in its second foray into the domestic debt market, as institutional and retail investors swarmed its peso bond offering......»»
PH Inflation Expected to Range Between 3.5% to 4.3% in April: BSP
Bangko Sentral ng Pilipinas (BSP) announced on Tuesday that the inflation rate could be at 3.5% to 4.3%. BSP said in a Facebook post that this upward trend is caused by the increasing prices of essential goods and gasoline prices, as well as the depreciation of the peso. “The BSP projects April 2024 inflation to […].....»»