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BSP explores impact of Gen AI in banking

The Bangko Sentral ng Pilipinas is studying the impact of generative artificial intelligence in the banking industry as it seeks to implement some “guardrails” to mitigate potential risks......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

Bunye: The current state of Philippine banking

Bunye: The current state of Philippine banking.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

UnionBank profit down 28 percent to P9.2 billion in 2023

The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

PEZA, SMBC, RCBC partner to attract Japanese investments

The Philippine Economic Zone Authority has partnered with Sumitomo Mitsui Banking Corp. and Rizal Commercial Banking Corp. in a bid to attract more investments from Japan......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

RCBC personal loans go digital

Rizal Commercial Banking Corp. has debuted its latest innovation this 2024, integrating personal loans in its all-in-one digital banking app RCBC Pulz......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Davao Light pushes for paperless billing

The Davao Light and Power Co., Inc. (Davao Light) is advocating for paperless billing, citing its positive impact on the environment. Fermin Edillon, the head of the Reputation Enhancement Department at Davao Light, emphasized the company's large customer base and the significant paper consumption associated with traditional billing. He highlighted the environmental benefits of opting for paperless bills, urging Dabawenyos to consider this eco-friendly alternative. Despite the availability of paperless billing options, Edillon acknowledged that some still prefer traditional paper bills. However, Davao Light has enhanced its paperless bill services, offering options such as the MobileAP app for internet users and the Ebill text option for those without internet access. While promoting paperless billing, Edillon clarified that traditional paper bills will still be available. Residents expressed support for paperless billing, citing its convenience, but also emphasized the need for considerations, especially for those less proficient with technology. The push for paperless billing aligns with efforts to reduce environmental impact and enhance customer convenience......»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

MILF lauds Senate for adopting House rebel amnesty resolutions

COTABATO CITY (MindaNews / 7 March) – The Moro Islamic Liberation Front (MILF) lauded the Senate for adopting three resolutions of the House of Representatives that concur with President Ferdinand Marcos Jr.’s grant of amnesty to former rebels. Bangsamoro Interim Chief Minister Ahod “Al Haj Murad” Ebrahim, also the MILF chair, said the granting of […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

Rhenz Abando might return into action for EASL Final Four in Cebu – EASL exec

CEBU CITY, Philippines — Gilas star and Korean Basketball League (KBL) champion Rhenz Abando might suit up for his team, the Anyang Jung Kwan Jang Red Boosters, for the upcoming East Asia Super League (EASL) Final Four that will see action at the Hoops Dome in Lapu-Lapu City. It was officially announced by EASL Chief.....»»

Category: newsSource:  inquirerRelated NewsFeb 20th, 2024

Eid l Fitr on April 10 declared a regular holiday

Malacañang on Thursday declared April 10, 2024, Wednesday a regular holiday throughout the Philippines for the observance of the Islamic holiday of Eid'l Fitr. .....»»

Category: newsSource:  philstarRelated NewsApr 4th, 2024

MILF cites non-Moro governor’s support to peace process

The Moro Islamic Liberation Front on Wednesday awarded a non-Muslim governor of a province outside of the Bangsamoro region a special citation for supporting the peace overture between the MILF and Malacañang since its inception in 1997......»»

Category: newsSource:  philstarRelated NewsMar 29th, 2024

Senior citizens, disabled among mujahideen to get allowance from BARMM

COTABATO CITY (MindaNews / 27 February)— An initial P500-million fund coming from the office of the chief minister will finance allowances for former Moro combatants who are already senior citizens or permanently disabled. This was after the Bangsamoro Parliament approved a measure to establish an office that will provide financial aid to Moro Islamic Liberation […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

Marines operate skills training center in former MILF bastion

The Marines now operate a livelihood skills training center for villagers in the former main enclave of the Moro Islamic Liberation Front which is surrounded by municipalities in Maguindanao del Norte, Lanao del Sur and Cotabato provinces......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

50 percent rebel cash aid diverted to commanders?

Sen. Jinggoy Estrada said yesterday he received information that 50 percent of the P100,000 cash assistance for decommissioned Moro Islamic Liberation Front members was diverted to their former commanders......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Development plan for MILF’s former main bastion gains support

Town mayors around the erstwhile iconic main enclave of the Moro Islamic Liberation Front in Maguindanao del Norte are ready to help push forward Malacañang’s 20-year development plan aiming to transform the area into an economic hub......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Ebrahim calls for unity as BARMM marks 5th anniversary

COTABATO CITY (MindaNews / 21 January) — The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) marked its fifth of the six-year transition government, which is led by the Moro Islamic Liberation Front (MILF), on Sunday, January 21. Bangsamoro Interim Chief Minister Ahod “Al Haj Murad” Ebrahim, also the MILF chair, banged the gong Sunday morning, symbolizing the […].....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

Wearing of PNP uniforms is illegal, police exec reminds civilians

CEBU CITY, Philippines — Civilians are prohibited by law from wearing police uniforms or other uniforms of law enforcement agencies in the Philippines. This was the reminder of Police Lieutenant Colonel Janette Rafter, deputy director for operations of the Cebu City Police Office (CCPO). READ: ‘Policewoman’ nabbed, charged for unauthorized use of PNP uniform, ID.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

DOLE-Davao exec calls on Congress to carefully study uniform daily wage hike bill

DAVAO CITY (MindaNews / 11 March) – The legislative push for a nationwide P100 to P400 daily increase for minimum wage earners in the private sector “must be compatible with the socio-economic conditions and purchasing power of each region,” an official from the Department of Labor and Employment – Davao Region (DOLE-Davao) said. “If Congress […].....»»

Category: newsSource:  mindanewsRelated NewsMar 11th, 2024

Ex-LGU exec gets 1 year in prison for killing dog

A man has been sentenced to one year in prison after he was found guilty of animal cruelty for killing a dog......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Army troops kill BIFF training officer in Maguindanao clash

CAGAYAN DE ORO CITY (MindaNews / 25 March) – Philippine Army troops killed an alleged ranking member of the Bangsamoro Islamic Freedom Fighters (BIFF) during an encounter in Maguindanao del Sur last Friday. Brig. General Jose Vlademir Cagara, commander of the Army’s 1st Brigade Combat team, said troops killed Abu Halil, a training officer of the […].....»»

Category: sportsSource:  abscbnRelated NewsMar 26th, 2024

15 more BIFF terrorists surrender to military

Fifteen more members of the outlawed Bangsamoro Islamic Freedom Fighters surrendered to the military in Datu Piang, Maguindanao del Sur on Monday......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024