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Shang Properties looks forward to a stronger 2024 with its successful rebrand and new property launches
Shang Properties looks forward to a stronger 2024 with its successful rebrand and new property launches.....»»
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......»»
PSE looks forward to capital market reforms with Recto
The Philippine Stock Exchange said it is looking forward to working with newly appointed Finance Secretary Ralph Recto in introducing reforms that would further deepen the capital market......»»
The Mayor of Virac expresses gratitude to the former Chief of Police and extends full support to the new leadership of PNP Virac
Mayor Sammy Laynes conveys his appreciation for the service rendered by outgoing Chief of Police Robert Kevin Caparosso during his tenure at the Virac Municipal Police Station for several years. Meanwhile, the mayor pledges his full support to the new leadership under OIC Chief of Police Emsol Icawat. “We also thank our outgoing chief, PMAJ […] The post The Mayor of Virac expresses gratitude to the former Chief of Police and extends full support to the new leadership of PNP Virac appeared first on Bicol Peryodiko......»»
BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao
SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»
BSP Governor Eyes Potential Rate Cut as Inflation Eases
In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»
BSP governor says February rate cut not likely
In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»
Leyte sets aside P20-M for Covid-19 vaccines
ACQUIRING VACCINES. Leyte Governor Leopoldo Dominico Petilla is shown during a meeting on Dec. 11, 2020. The provincial government of Leyte has initially allocated PHP20 million for the procurement of Covid-19 vaccines once it is available in the market, Petilla said on Monday (Dec. 21, 2020). (Photo courtesy of the Leyte provincial government) TACLOBAN CITY […].....»»
Andres Muhlach shares qualities he looks for in a girl
Given his good looks, natural charm and showbiz pedigree, it came as a surprise to the members of the media when Andres Muhlach revealed at a presscon that he’s never had a girlfriend since birth......»»
EU looks sad - Russian tycoon
Unlike the US and China, the bloc doesn't have the money to pursue innovation, Oleg Deripaska has said The European Union looks particularly "sad" amid the ongoing global economic slowdown due to a lack of technology and finances to institute structural changes and invest in innovation, Russian busines.....»»
BSP on guard vs inflation risks amid El Niño
The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»
British Chamber expects passage of anti-agricultural economic sabotage act
The British Chamber of Commerce Philippines looks forward to the passage of the Anti-Agricultural Economic Sabotage Act to further assist on inflation and food supply–echoing the government’s prioritization of imposing stringent measures to protect the local farmers and consumers. .....»»
Kai high on playing under Cone
Kai Sotto looks forward to embarking on his latest Gilas Pilipinas tour of duty under the mentorship of coach Tim Cone......»»
SEC wants to lock-up cornerstone investors in IPOs to prevent rugpulls
The SEC released a draft memorandum for comment last week which looks to regulate how “cornerstone investors” may participate in IPOs going forward......»»
Marcos to visit Germany in March
According to the Presidential Communications Office, Marcos told German Foreign Minister Annalena Baerbock that “he is hoping to develop more cooperation with the government of Germany as he looks forward to visiting the country in March this year.”.....»»
Mandaue City eyes better finish in CVIRAA medal standings
CEBU CITY, Philippines — Mandaue City guns for a better finish in the medal standings of the Central Visayas Regional Athletic Association (CVIRAA) which is currently happening in various venues, here. Olympian turned sports leader, Mary Joy Tabal, the Mandaue City Sports Commission chief told CDN Digital that they’ve been preparing for CVIRAA for several.....»»
Historic 2023 OFW deployment moves Philippines labor migration forward from pandemic
Migrant worker-sending Philippines has moved forward from the COVID-19 pandemic by posting a 55-year high in the number of deployed overseas Filipino workers......»»
What do you look forward to being able to do after the resurrection?
What do you look forward to being able to do after the resurrection? How can this give you hope for loved ones suffering the effects of age?.....»»
Bunye: Muntinlupa moving forward towards becoming a smart city
Bunye: Muntinlupa moving forward towards becoming a smart city.....»»
‘Ukay Ta Bai,’ Cebu’s first thrift community culture garners resounding success, propels thrift culture forward
‘Ukay Ta Bai,’ Cebu’s first thrift community culture garners resounding success, propels thrift culture forward.....»»