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OWWA warns OFWs vs fake FB accounts
OWWA warns OFWs vs fake FB accounts.....»»
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......»»
No objections for e-motorcycle tax breaks in EO12 review
Views and position papers elicited from government agencies and EV industry stakeholders for the revision of an executive order have offered no objection to the inclusion of e-motorcycles in the tax incentives......»»
FDA warns public vs fake Valium
The Food and Drug Administration has warned the public against counterfeit Valium being sold in the market......»»
DepEd cautions public vs fake posts on cash aid
The Department of Education (DepEd) has warned the public against fake posts claiming that the agency gives out cash assistance to all graduating students......»»
DOH warns public vs heat stroke amid high heat index
DOH warns public vs heat stroke amid high heat index.....»»
Murcia private cemetery warns public vs spurious transactions
Murcia private cemetery warns public vs spurious transactions.....»»
DTI NegOcc warns public of unregistered lending firm
DTI NegOcc warns public of unregistered lending firm.....»»
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......»»
Tampo ni Paolo sa GMA fake news: Pagbigyan na natin ang nagkalat niyan!
FAKE-FAKE news ang kumalat na tsismis na may galit o tampo si Paolo Contis sa GMA 7 dahil sa pagkatsugi ng noontime show nilang “Tahanang Pinakamasaya. “Humarap ang aktor at TV host sa ilang members ng press kahapon, March 15, para sa launching ng “Best Time Ever” campaign ng GMA 7 para sa ilan nilang.....»»
CICC warns public of 8 fake eTravel websites charging for registration
The Cybercrime Investigation and Coordinating Center (CICC) on Friday cautioned the public from using eight fraudulent eTravel websites that charge passengers fees of P3,000 to P5,000 for what should be free registration......»»
China warns PH against expelling its diplomats over leaked recording - MSN
China warns PH against expelling its diplomats over leaked recording MSN.....»»
GMA-7 warns vs Encantadia audition scam
GMA-7 called on the public to be vigilant against scammers who have been spreading notices for fake auditions for "Encantadia Chronicles: Sang'gre." .....»»
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......»»
FACT CHECK: SSS has no ongoing scholarship program
The Social Security System warns the public about fake posts bearing the agency’s logo that contain suspicious links promoting an alleged scholarship program.....»»
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 […].....»»
BIR files raps vs firm over P200 milion fake receipts
The Bureau of Internal Revenue yesterday filed before the Department of Justice criminal charges against the corporate officers and an accountant of a trading company for allegedly using P200 million worth of fake receipts......»»
BIR files rap vs accountancy firm tagged in P200-M worth of fake receipts
The Bureau of Internal Revenue (BIR) filed criminal charges against corporate officers and an accountant of a trading company for using more than P200 M worth of fake receipts......»»