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Juvenile sharks seen frolicking in shores of Santander, Cebu
CONSOLACION, Cebu – Juvenile sharks were seen frolicking off the shores of Santander town in the southernmost tip of Cebu on Tuesday, February 13. Cris Ungab Oniong captured on video the juvenile sharks seemingly playing on the shallow portions of the town’s shore when he visited Santander. The video showed the sharks swimming along the.....»»
SSS loan scam tatalupan ng Kamara
Gigisahin ng Kamara de Representantes ang mga opisyal ng Social Security System (SSS) dahil sa loan scam kung saan maraming miyembro ang pinagbabayad ng loan kahit hindi sila nag-file. The post SSS loan scam tatalupan ng Kamara first appeared on Abante......»»
SBA out to change billiards landscape
Sharks Billiard Association (SBA), formerly known as Sharks, has announced the official launch of its inaugural season in 2024 to mark a historic moment in the world of billiards......»»
Concentrix survives Sharks
Concentrix survives Sharks.....»»
BFAR: Ayaw hikapa ang gagmay nga sharks
BFAR: Ayaw hikapa ang gagmay nga sharks.....»»
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......»»
Tech company cautions public against fake loan providers
Total Information Management Corp., a Filipino-owned technology solutions provider that offers information management services, has cautioned the public against the unauthorized and fraudulent activities using the names Tim Cash or Tim Cash Loan......»»
4Ps recipients warned vs loan sharks, pawning cash cards
The Department of Social Welfare and Development yesterday reiterated its warning to Pantawid Pamilyang Pilipino Program’s beneficiaries against pawning their cash cards, an official said yesterday......»»
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......»»
USD3.32-B Loan Approved by BSP
On Monday, the Bangko Sentral ng Pilipinas (BSP) announced that the Monetary Board approved USD 3.32 billion in medium-to-long-term (MLT) foreign borrowings for Q4 2023. From October to December 2023, the public sector’s foreign borrowings rose by 65.8%, reaching USD3.32 billion, up from USD2 billion in the same period in 2022. This brought the total […].....»»
Minor and collateral inconsistencies
This is the tragic story of an 11-year-old girl, Leticia, resulting from an act of depravity by the common law husband of her biological mother, Charo, from a previous relationsh.....»»
BFAR-Davao warns vs fishing using chemicals
THE Bureau of Fisheries and Aquatic Resources-Davao Region (BFAR-Davao) warned the public against using noxious substances in catching fish, as this violates Republic Act Number 10654, otherwise known as the Philippine Fisheries Code of 1998......»»
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......»»
China warns PH against expelling its diplomats over leaked recording - MSN
China warns PH against expelling its diplomats over leaked recording MSN.....»»
Metrobank Makes Achieving Your Home Goals Easier With Its Free Appraisal Fee Promo!
This February, Metrobank is again making it easier for Filipinos to achieve their dream home as it brings back its free appraisal fee promo – giving clients up to PHP 5,500 in savings on their home loan. From February 1 to March 29, 2024, qualified clients who will submit a complete home loan application to […].....»»
Banks expect higher consumer, corporate loan demand in Q1
Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»
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......»»
PLDT embarks on green loan journey with Metrobank
PLDT embarks on green loan journey with Metrobank.....»»
GSIS waives P1.6 billion penalties for housing loan borrowers
State-run pension fund Government Service Insurance System has waived P1.6 billion in penalties of housing borrowers having difficulties settling their loan obligations......»»