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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

AC gov t to strengthen child protection policies

AC gov t to strengthen child protection policies.....»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

Cebu Archdiocese prioritizes protection of its religious artifacts

Cebu Archdiocese prioritizes protection of its religious artifacts.....»»

Category: newsSource:  sunstarRelated NewsFeb 23rd, 2024

SC asked to recall environmentalists’ protection order

The Supreme Court has been asked to recall the temporary protection order it granted to environmentalists Jonila Castro and Jhed Tamano, who claimed they were seized by the military in Bataan last year. The Office of the Solicitor General yesterday filed an urgent motion, saying a Bulacan court had issued arrest warrants against Castro and Tamano on charges of grave oral defamation......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

Groups hail SC’s protection orders on abducted activists Tamano, Castro

Environmental groups applauded the issuance of the Supreme Court of protection writs on abducted environmental activists Jhed Tamano and Jonila Castro......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

2 activists get SC protection

The Supreme Court has granted environmental activists Jhed Tamano and Jonila Castro protection from state security agents, saying there was an “established violation or threat” to their lives, liberty and security......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

PDIC studying increase in bank deposit protection limit

The Philippine Deposit Insurance Corp said that it is conducting a study to determine if the current protection limit of P500,000 should be increased along with the introduction of other measures to “instill market discipline”......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023

The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 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

FACT CHECK | Roque’s claim that Task Force Davao will be disbanded is false

MindaNews fact-checked the claims of former presidential spokesperson Harry Roque that Task Force (TF) Davao will be disbanded as Dabawenyos expressed concern that the city’s security will be weakened if such will happen. His claim is false, according to the Armed Forces of the Philippines (AFP). The AFP has refuted the claims of former presidential […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 12th, 2024

DA-9 unveils P5-M irrigation project in Zambo City

ZAMBOANGA CITY–The Department of Agriculture-9 (DA-9) inaugurated Monday a PHP5-million solar-powered irrigation project to an association of farmers in this southern port city. DA-9 Executive Director Rad Donn Cedeño said the irrigation project for the Inner Presa Small Water Impounding System Association (SWISA) in Barangay Curuan consists of a deep well that uses an electric […].....»»

Category: newsSource:  balitaRelated NewsApr 9th, 2024

HIRING | Project Administrative Officer

The Mindanao Institute of Journalism (MIJ) is hiring a Project Administrative Officer. Duty Station: Davao City, Davao del Sur, Philippines* Application Deadline: 13 March 2024 Type of Contract: Fixed-Term, Full-Time Reporting To: Project Lead  Expected Duration of Engagement: Until December 2026  Expected Start Date: 01 April 2024 *relocation will not be provided Background Mindanao Institute […].....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

Davao Bus Project to begin major infra construction

FOLLOWING the ceremonial signing of civil works contracts for the construction of the Davao Bus Project’s infrastructure facilities (e.g. terminals, depots and bus stops), the City Government of Davao extended its gratitude to the Department of Transportation (DOTr) and appealed to the agency to guarantee appropriation necessary to deliver the project on time......»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

PNP denies Trillanes’ ouster plot claims

PNP denies Trillanes’ ouster plot claims.....»»

Category: newsSource:  sunstarRelated News21 hr. 22 min. ago

Non-banks’ domestic claims up by 15 percent in Q4

The domestic claims of non-bank financial institutions increased by 15 percent to P9.05 trillion in the fourth quarter of 2023 from P7.87 trillion in the same quarter in 2022, based on a survey of the Bangko Sentral ng Pilipinas (BSP)......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

China claims South China Sea deal with Philippines Duterte - Nikkei Asia

China claims South China Sea deal with Philippines' Duterte Nikkei Asia.....»»

Category: newsSource:  manilanewsRelated NewsApr 29th, 2024

Philippines denies any deal with China on Ayungin Shoal in South China Sea

Manila [Philippines], April 27 (ANI): The Philippines Department of National Defence (DND) has completely rejected China's claims of having any internal agreement on the Ayungin Shoal, Philippine News Agency quoted Philippines Defence Secretary Gilberto Teodoro Jr as saying. In a statement released on Saturday, Gilberto Teodoro Jr rejected the claims of Chinese officials about two new deals with the Philippines in 2023 to.....»»

Category: newsSource:  manilanewsRelated NewsApr 28th, 2024

Game-fixing claims mars MDL Philippines

The Mobile Legends: Bang Bang Development League (MDL) Philippines is investigating claims of alleged game-fixing in its matches, the league said on Thursday......»»

Category: sportsSource:  philstarRelated NewsApr 26th, 2024

Cebu Daily Newscast: Taiwanese jailed for attacking a transwoman; claims he was blackmailed

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, April 8, 2024. Taiwanese jailed for attacking a transwoman; claims he was blackmailed A Taiwanese national got unlucky in his quest to find a match on a dating app after he found himself.....»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

FOCAP condemns Chinese embassy’s claims on ‘manipulated’ West Philippine Sea videos

The Foreign Correspondents Association of the Philippines strongly rejected and condemned yesterday China’s “false and baseless” claims that journalists manipulate videosthey recorded in the South China Sea to present the Philippines as a victim......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024