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Bank loans used as RRR compliance hit P6.4 billion
Mid-sized and small banks have extended around P6.4 billion loans to micro, small and medium enterprises (MSMEs) as well as large companies, and booked these loans in compliance with their reserve requirement ratios, according to the Bangko Sentral ng Pilipinas......»»
Medical School Loans: A Comprehensive Guide
Embarking on a journey through medical school is a significant undertaking, and for many aspiring physicians, navigating the financial aspects can be a daunting task. Securing appropriate funding through medical school loans is a crucial step in this process. This comprehensive guide aims to provide valuable insights into how to find the best medical school […] The post Medical School Loans: A Comprehensive Guide appeared first on Kagay An......»»
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......»»
Lending startup unveils credit card for Gen Zs
Technology startup firm Zed Philippines Inc. has launched a Mastercard Titanium credit card with zero interest, zero foreign transaction fees and no annual charges, aiming to roll out these cards to the market within the coming months......»»
Globe 1st listed PH firm to REACH Net Zero targets
Globe 1st listed PH firm to REACH Net Zero targets.....»»
PRO 6 chief declares zero tolerance policy on illegal gambling
PRO 6 chief declares zero tolerance policy on illegal gambling.....»»
Idis unveils zero-waste policy wishlist to Davao City gov t
DAVAO City-based environmental group Interfacing Development Interventions for Sustainability (Idis) has presented a comprehensive zero-waste policy wishlist to the City Government of Davao......»»
Zenless Zone Zero PS5 version in the works
HoYoverse has announced that its upcoming urban fantasy action role-playing game, Zenless Zone Zero, will have a PlayStation 5 version that is currently in development......»»
Going zero waste : La Union villagers exchange fruit seeds with rice
The La Union provincial government is reaping successes of a noble project that seeks not only to help defray expenses of households, but also encourage residents to lead zero waste lifestyles. .....»»
CENRO Kabankalan cleans up for ‘Zero Waste Month’
CENRO Kabankalan cleans up for ‘Zero Waste Month’.....»»
Speaker: House has zero participation in PI
The House of Representatives has zero participation in the people’s initiative to change the Constitution, Speaker Martin Romualdez said yesterday, addressing Senate Minority Leader Aquilino Pimentel III, adding that some senators may just be “seeing ghosts” in voicing their apprehension......»»
ICTSI outlines net zero plan
Logistics giant International Container Terminal Services Inc. (ICTSI) has pledged to scale down its carbon footprint by 26 percent by 2030 as part of measures to become net zero......»»
Treñas extends suspension of face-to-face classes in Iloilo City due to extreme heat conditions
Treñas extends suspension of face-to-face classes in Iloilo City due to extreme heat conditions.....»»
PDIC extends loan incentive program for closed bank borrowers
PDIC extends loan incentive program for closed bank borrowers.....»»
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......»»
CSF gov t extends deadline for business permit renewal
CSF gov t extends deadline for business permit renewal.....»»
X lifts ban on Taylor Swift searches after spread of fake explicit images
The search has been reactivated and X 'will continue to be vigilant for any attempt to spread this content and will remove it if we find it,' Joe Benarroch, head of business operations at X, says.....»»
Deepfake explicit images of Taylor Swift spread on social media
Deepfake explicit images of Taylor Swift spread on social media.....»»
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 […].....»»