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QR Codes: A Scan Towards Simpler Transactions
Quick Response codes (QR codes), those ubiquitous black and white squares, are now more than just a shortcut to websites. They’re now revolutionizing the way we pay, offering a faster, more secure, and surprisingly error-free alternative to traditional methods. For those still on the fence about using QR codes, Here’s how they can streamline your […].....»»
Transactions in coin deposit machines near P400 million
More and more Filipinos are using the coin deposit machines deployed by the Bangko Sentral ng Pilipinas in major malls across the metropolis as part of its coin recirculation program......»»
Solo parents deserve bigger cash subsidy – Rep. Chan
LAPU-LAPU CITY, Cebu – Solo parents, who are receiving minimum and below minimum wage, deserve more than the P1, 000 cash subsidy that is provided for in the Expanded Solo Parents Welfare Act. This was according to Lapu-Lapu City Lone District Representative Cindi King-Chan. Chan, who delivered a privilege speech during the “All Women Legislators.....»»
Office space take-up reaches nearly 300,000 sqm in 2023
Metro Manila office space net absorption more than doubled to 297,800 square meters (sqm) in 2023, driven by continued transactions mostly from traditional firms......»»
BSP to further relax forex rules
The Bangko Sentral ng Pilipinas may further relax its rules and regulations governing foreign exchange transactions in a bid to attract more foreign investments into the country......»»
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......»»
783 BuCor inmates freed
A total of 783 inmates from prison and penal farms nationwide were released in March, the Bureau of Corrections reported yesterday......»»
Catapang tightens security after ambush
Bureau of Corrections (BuCor) chief Gregorio Catapang Jr. yesterday said security measures were doubled following the recent shooting incident involving his vehicle along the Skyway on Tuesday......»»
DOJ mulls another autopsy on Percy Lapid slay suspect
The Department of Justice said that it ordered to conduct another autopsy on former Bureau of Corrections (BuCor) Deputy Security Officer Ricardo Zulueta, a co-accused in the Percival Mabasa or Percy Lapid slay case......»»
BuCor chief vehicle shot by unknown gunmen
The bullet-proof Toyota Hilux, which was lent by Bureau of Corrections Chief Gregorio Catapang Jr. to Deputy Director General for Administration Al Perreras, was attacked by unknown gunmen along Skyway at Tuesday morning......»»
275 BuCor personnel face job loss
At least 275 personnel of the Bureau of Corrections are set to lose their jobs for failing to complete the required eligibility and education requirements under the law, despite extensions......»»
BuCor to layoff 275 workers as grace period for requirements lapses
Over 275 personnel of the Bureau of Corrections are set to be laid off after the bureau announced it will now be enforcing a years-long deferred program upgrading the educational requirements of its workers......»»
48 Bilibid inmates transferred to Leyte prison
As part of the Bureau of Corrections’ efforts to decongest the New Bilibid Prison and shut down the NBP by 2028, 48 inmates have been transferred to the Leyte Regional Prison, BuCor chief Gregorio Catapang Jr. said yesterday......»»
DSWD wants 4Ps cash aid increased
Due to the continuing rise in inflation rates, the Department of Social Welfare and Development is pushing for an adjustment in the cash grants given to beneficiaries of the Pantawid Pamilyang Pilipino Program......»»
Lapu-Lapu City centenarian gets P200,000 cash gift
LAPU-LAPU CITY, Cebu — A centenarian in Sitio Tangke, Barangay Basak, Lapu-Lapu City, received a total of P200,000 as a cash gift from the Lapu-Lapu City Government and the Department of Social Welfare and Development (DSWD) on Tuesday, May 7, 2024. In a Facebook post, Lapu-Lapu City Mayor Junard Chan visited Benito Herbas Jervas, who.....»»
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......»»
Octogenarian fire victim gets immediate cash, relief aid from Himamaylan LGU
Octogenarian fire victim gets immediate cash, relief aid from Himamaylan LGU.....»»
DSWD trains 400 cash-for-work beneficiaries in San Carlos
DSWD trains 400 cash-for-work beneficiaries in San Carlos.....»»
CHED warns public vs fake cash aid announcements
The Commission on Higher Education yesterday warned the public against fake announcements on cash assistance for college students, saying it has not announced applications for subsidy for Academic Year 2024-2025......»»
Government urged to release P2.5 billion public transport cash subsidy
The government should release at the soonest the P2.5 billion in fuel cash subsidy to public transport drivers to cushion the impact of high fuel prices, especially with the latest news about heightened tensions in Israel and Iran, a congressman said......»»