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Cebu City eyes ‘Singapore-like’ railway system to improve transport

CEBU CITY, Philippines – A Singapore-like railway system is being eyed by the Cebu City government in a bid to improve the transport system in the city. This was after Cebu City Councilor Rey Gealon, chairman of the Traffic Management Committee (TMC), penned a resolution urging the Department of Transportation (DOTr) to conduct a study.....»»

Category: newsSource:  inquirerRelated NewsFeb 29th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

8990 Holdings expands buyback limit to P7-B of stock

8990 Holdings disclosed that its board of directors voted to “expand” a P2 billion stock buyback program that was originally established back in 2019, which was then suspended during the pandemic to conserve cash......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

Marcos Jr. rejects traffic circular raising parking fines to P4K

A proposal to increase illegal parking fines in Metro Manila to P4,000 from P1,000 has been thumbed down by President Marcos......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024

Beijing denies its South China Sea deal with former Philippine leader Duterte was a secret

China rejects Philippine leader Ferdinand Marcos Jnrs claims that its gentlemans agreement with his predecessor Rodrigo Duterte was a secret and urges Manila to stick to its commitments on the disputed Second Thomas Shoal......»»

Category: newsSource:  manilanewsRelated NewsApr 21st, 2024

China rejects U.S., Japan, Philippines concern on South China Sea

BEIJING, April 18 (Xinhua) -- Relevant countries' groundless accusation and deliberate smears against China on the South China Sea issue are unacceptable, a Chinese foreign ministry spokesperson said on Thursday. Spokesperson Lin Jian made the remarks at a regular news briefing when asked to comment on a statement issued by the United States, Japan and the Philippines after their trilateral summit. The statement.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

Military in North rejects CPP s calls for peace talks

The military stationed in the northern provinces rejected calls by the Communist Party of the Philippines to resume the stalled peace talks between the government and the National Democratic Front of the Philippines......»»

Category: newsSource:  philstarRelated NewsApr 9th, 2024

Marcos assures fair treatment for Quiboloy, rejects conditions on surrender

“It seems to me a little bit tail wagging the dog that he is the one setting conditions to the government on his case, when is the accused and the subject of a warrant of arrest,” Marcos said partly in Filipino......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

Marcos assures fair treatment for Quiboloy, rejects conditions on surrender

“It seems to me a little bit tail wagging the dog that he is the one setting conditions to the government on his case, when is the accused and the subject of a warrant of arrest,” Marcos said partly in Filipino......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

Philippines rejects China’s claim of ‘repelling’ BFAR vessel in WPS

Commodore Jay Tarriela, spokesperson of the PCG for West Philippine Sea matters, called China's claim “inaccurate.”.....»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Oil prices headed for weekly gains as Israel rejects ceasefire offer

(Reuters) – Oil prices rose in early trade on Friday, on track for weekly gains, with tensions persisting in the Middle East after Israel rejected a ceasefire offer from Hamas. Brent futures climbed 8 cents, or 0.1%, to $81.71 a barrel by 0119 GMT, while U.S. West Texas Intermediate crude futures rose 17 cents, or.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

Marcos rejects calls for independent Mindanao after Duterte’s remarks

'The new call for a separate Mindanao is doomed to fail, for it is anchored on a false premise, not to mention a sheer constitutional travesty,' says President Ferdinand Marcos Jr......»»

Category: newsSource:  rapplerRelated NewsFeb 8th, 2024

Teachers urge Congress: Fund classrooms, not Charter plebiscite

he Alliance of Concerned Teachers on Thursday called on the House of Representatives to reallocate the budget earmarked for the proposed Charter change plebiscite toward constructing more classrooms amid the learning crisis......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

China accuses US of 'stoking military confrontation' with missile deployment in Philippines

Beijing [China], April 22 (ANI): China has accused the United States of escalating military tensions in the region following the recent deployment of a powerful missile launcher in the Philippines capable of firing weapons with a range of up to 1,600 kilometers, CNN reported on Monday. The US Army's Mid-Range Capability (MRC) ground-based missile system, also known as the Typhon system, has been deployed to the Indo-Pacif.....»»

Category: newsSource:  manilanewsRelated NewsApr 23rd, 2024

Sandigan junks Bistek’s plea to dismiss graft rap

The Sandiganbayan has dismissed the bid of former Quezon City mayor Herbert Bautista and former administrator Aldrin Cuña to dismiss the graft case filed against them in connection with the allegedly anomalous P32-million online occupational permitting and tracking system project in 2019......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

Sandigan admits evidence vs Bautista

The Sandiganbayan has admitted all the documentary evidence presented by the Office of the Ombudsman’s prosecution team against former Quezon City mayor Herbert “Bistek” Bautista and former city administrator Aldrin Cuña in connection with the allegedly anomalous P32-million online occupational permitting and tracking system project in 2019......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

VP Sara ready to face ICC charges only before a Filipino court

Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

UK-based chefs create Filipino-inspired dishes

Negros-based rum Don Papa tapped two award-winning chefs based in the United Kingdom to create a dinner menu inspired by Filipino flavors......»»

Category: newsSource:  philstarRelated NewsApr 19th, 2024

2 Pangasinan-based environmental defenders abducted

by DOMINIC GUTOMAN Bulatlat.com MANILA – Two Pangasinan-based environmental defenders and organizers were violently mauled and dragged into an SUV at about 8 p.m. on March 24 in Barangay Polo, San Carlos, Pangasinan, according to human rights group Karapatan-Central Luzon Karapatan – Central Luzon said the abduction of Francisco “Eco” Dangla III and Axielle “Jak”… The post 2 Pangasinan-based environmental defenders abducted appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 25th, 2024

The Daily Guardian: Microsoft Introduces AI Copilot Pro, a Subscription-based Chatbot for $20 per Month

Title: Microsoft Launches Subscription-Based AI Tool ‘Copilot Pro’ to Enhance Productivity and Performance Microsoft has recently announced the launch of Copilot Pro, a new subscription-based.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 17th, 2024