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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......»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Consumer groups lament unprecedented rice inflation

The Rice Liberalization Law has been in place for five years. Still, market prices have yet to drop to P25 per kilo, affecting farmers and consumers. The post Consumer groups lament unprecedented rice inflation appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 29th, 2024

Philippines among most friendly markets for consumer brands in AsPac

The Philippines is among the most friendly markets in Asia Pacific (AsPac) for incumbent consumer brands, according to global consultancy Bain and Co......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

BSP to strengthen consumer protection

The Bangko Sentral ng Pilipinas is further strengthening consumer protection measures as complaints breached the 30,000 level from January to September last year......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Boss Toyo backs plan of Yogi Ruiz to run for Cebu City mayor

LAPU-LAPU CITY, Cebu- A group of vloggers and social media influencers gathered in Cebu City Saturday night to show their support for former Bureau of Customs (BOC) Commissioner Yogi Ruiz, who has expressed his interest to run for mayor in Cebu City in next year’s election. The group was led by Boss Toyo or Jayson.....»»

Category: newsSource:  inquirerRelated NewsApr 28th, 2024

Bunye: BSP changes FX rules for foreign investments to make them easier

Bunye: BSP changes FX rules for foreign investments to make them easier.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

19 AFP lawyers trained to apply the rules of war while providing legal advice

The training aimed to ensure that participants understand the ICRC’s humanitarian mandate and role in ensuring the rules of war are respected......»»

Category: lifestyleSource:  abscbnRelated NewsApr 18th, 2024

185 infrastructure projects to take off after PPP rules signing

An estimated P9.14 trillion worth of 185 flagship projects under the administration of President Marcos may soon commence, following the signing of the implementing rules and regulations of Republic Act 11966 or the Public-Private Partnership Code, lawmakers said......»»

Category: CCCCCCSource:  abscbnRelated NewsApr 18th, 2024

‘Senate rules on Cha-cha on the right track’

The Senate rules on amending the 1987 Constitution are “on the right track” and ready even before the sub-committee wraps up its discourse on the Resolution of Both Houses 6 pushing Charter change, a senator said......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Gremlinz ends drought, rules MCBL Season 9

Gremlinz ends drought, rules MCBL Season 9.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

Players Championship: Rory McIlroy Stands Firm in Rules Dispute with Jordan Spieth

World No.2 Rory McIlroy overcame two rules disputes to kick off The Players Championship in Florida with a strong start. Despite hitting costly shots into.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 15th, 2024

Eased forex rules to take effect this year

The Bangko Sentral ng Pilipinas is expected to release its final circular on eased foreign exchange rules this year to attract more foreign investments into the country, a Monetary Board member said yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Z nars jewelry rules Sinulog Cup

Z nars jewelry rules Sinulog Cup.....»»

Category: newsSource:  sunstarRelated NewsJan 28th, 2024

UM Lady Wildcats rules Uni-Games 3x3

UM Lady Wildcats rules Uni-Games 3x3.....»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Citing importance of internet connectivity, group urges lifting of lease fees for telcos

A consumer group has called to suspend the lease fees for telecommuncations companies, saying that internet connection in the digital era is a basic necessity......»»

Category: newsSource:  philstarRelated NewsMay 5th, 2024

Councilor urges social media influencers to observe local laws

The Davao City councilor, Temujin “Tek” Ocampo, has urged social media influencers to familiarize themselves with local ordinances before promoting areas to their followers. Ocampo, who heads the Committee on Environment and Natural Resources, appreciates the promotion of Davao City by social media influencers but emphasizes the importance of understanding local laws before attracting crowds to specific areas. He expressed gratitude for the promotion but highlighted the challenge of controlling the influx of people once a location is featured. Ocampo plans to collaborate with Councilor Al Ryan Alejandre, Chair of the Committee on Tourism and Beautification, to accredit social media vloggers through the local government unit. He underscored the need for accredited vloggers, recognizing their contributions to the city and addressing any mistakes they might make. This initiative aims to balance recognition for positive actions with corrective measures for any missteps. The concerns arose in November 2023 when a Davao City-based environment group criticized a travel vlogger for promoting recreational activities in a river within the Panigan-Tamugan Watershed. Following a waste dumping incident on January 11, 2024, the group urged Dabawenyos, especially vloggers and influencers, to refrain from visiting protected areas for leisure. They emphasize the importance of understanding and respecting rules and regulations before endorsing specific parts of the city......»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

DOLE issues revised IRR on Service Charge Law

The Department of Labor and Employment has issued the revised implementing rules and regulations of the Service Charge law, which now excludes managerial employees from benefiting from the collected service charge......»»

Category: newsSource:  philstarRelated NewsFeb 3rd, 2024

CTTMO heightens 20-sec rule for PUVs

The City Transport and Traffic Management Office (CTTMO) in Davao City is intensifying the enforcement of the 20-second rule for public utility vehicles (PUVs) in loading/non-loading areas to alleviate traffic congestion during peak hours. CTTMO Head Dionisio Abude announced that 36 new traffic personnel will be assigned to monitor yellow boxes and ensure that PUVs, particularly jeepneys, do not exceed the 20-second limit in designated areas. Violators will be issued citation tickets for disregarding traffic signs, and those with expired or fake PUV IDs will face penalties. Additionally, the CTTMO is increasing efforts to curb illegally parked cars and urging drivers to keep intersections clear. These measures, along with the enforcement of the new speed limit policy, aim to promote safe and orderly traffic. Abude emphasized the importance of motorists' cooperation in respecting traffic rules and regulations for a disciplined and courteous driving environment......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Business group backs carbon emission trading

The government should prioritize implementing a carbon emission trading system instead of imposing taxes on carbon as the latter could cause power prices to spike, according to the Makati Business Club......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024