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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

Honasan seeks ceasefire between feuding Marcos, Duterte camps

MANILA, Philippines — Former Senator Gringo Honasan on Monday urged for a ceasefire between the camps of President Ferdinand “Bongbong” Marcos Jr. and former President Rodrigo Duterte following a volley of heated allegations between the two. In a statement, Honasan called on Marcos and Duterte to “show sobriety” for the sake of those who look.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Easter: Apex of Christian life

The two most celebrated feasts in the Christian world are Christmas and Easter......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

EDITORIAL - Preventing another onion crisis

Memories of the 2022 Christmas holiday season, when onions became the top meme, still linger......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Jobless rate climbs to 4.5 percent in January

The country’s unemployment rate rose in January as the seasonal increase in jobs created by the heightened economic activity during the Christmas holidays faded......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Kyla suffers fifth miscarriage 

Singer Kyla revealed that she suffered another miscarriage just before Christmas last year......»»

Category: entertainmentSource:  philstarRelated NewsFeb 22nd, 2024

3 Tips for Small Businesses to Take Advantage of Major Events

There are a lot of important events throughout the year that can provide businesses with the chance to increase their sales. These events include fun and festive occasions like fiestas, as well as popular holidays such as Christmas, Halloween, and Valentine’s Day. For small businesses, seizing opportunities during major events can be a game-changer. Picture […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

EDITORIAL — A different onion crisis

During the 2022 Christmas holidays, Filipinos reeled from the eye-watering prices of red onions, which surged to over P700 a kilo, with no white onions to be had for onion rings, burgers and bistek......»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

None of big winners in PCSO’s Christmas, New Year lotto games bet on all combinations, says GM

Senator Koko Pimentel, however, vows to pursue the probe, saying it usually takes months before games with a jackpot prize of P500 million or more are won – unlike in these draws.....»»

Category: newsSource:  rapplerRelated NewsJan 25th, 2024

Bombed Village

Barangay Can-ayan in Malaybalay City, Bukidnon looks so beautiful and calm on Sunday morning (21 January 2024). Who would think that on Christmas Day last year, the people here awoke to the sounds of artillery and bombs being dropped on suspected New People's Army positions in a military operation that reportedly killed 10 rebels. MindaNews photo by H. MARCOS C. MORDENO.....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

Kathryn in-unfollow si Daniel sa IG, damay pati sina Liza, Julia at Gillian

TINULDUKAN na ni Kathryn Bernardo ang mga nag-iisip na posibleng magkabalikan pa sila ng ex-boyfriend na si Daniel Padilla. Ito’y matapos ngang i-unfollow ni Kathryn sa Instagram si Daniel. Ilang beses kasing nagkikita ang ex-couple sa ilang okasyon tulad sa nakaraang ABS-CBN Christmas Special at itong huli ay sa kasal nina Robi Domingo at Maiqui.....»»

Category: newsSource:  inquirerRelated NewsJan 11th, 2024

Trillanes rumesbak sa Duterte camp: ‘Sila ang kumita sa China’

Matapos akusahang ibinenta ang Scarborough Shoal sa China, rumesbak si dating Senador Antonio Trillanes IV at sinabing ang kampo ni dating Pangulong Rodrigo Duterte ang kumita dahil sa deal sa Beijing. The post Trillanes rumesbak sa Duterte camp: ‘Sila ang kumita sa China’ first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 2nd, 2024

Binoldyak ng 2 ex-SC justice: Duterte sumuko sa China

Ayon kay dating Associate Justice Antonio Carpio, isinuko ni Duterte ang mga karapatan ng bansa sa Ayungin Shoal dahil sa kasunduan nito sa China. The post Binoldyak ng 2 ex-SC justice: Duterte sumuko sa China first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 30th, 2024

Sara: No political discussions with Marcos Jr., Duterte

Vice President Sara Duterte has neither been discussing with her father, former president Rodrigo Duterte, nor with President Marcos any of her political plans or stand on national issues......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

Ex-President Duterte is lone 2024 Datu Bago awardee

DAVAO CITY (MindaNews / March 5)—Former President Rodrigo Duterte, who also served as mayor for over two decades, will be the lone 2024 Datu Bago awardee. Davao City Councilor Pilar Braga, who also chairs the Datu Bago Awards Organization (DBAO), said it is high time for Duterte to receive the award as the “most deserving […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

Duterte’s P.S. to Cebu supporters:  support Sara’s bid for the Presidency

DAVAO CITY (MindaNews / 26 February) – After bidding the crowd goodbye during the “candlelight prayer rally”of Hakbang ng Maisug in Cebu City on Sunday evening, former President Rodrigo Duterte made a pitch for his daughter Sara, currently the Vice President, urging them to support her bid for the Presidency in 2028. Duterte did not […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

Drop Cha-Cha bid ‘and everything will be heaven tomorrow,’ Duterte tells Marcos

DAVAO CITY (MindaNews / 31 January)— Former president Rodrigo Duterte said “everything will be heaven tomorrow” and “happy days are here again” if President Ferdinand Marcos Jr. drops “like a hot potato” attempts to change the 1987 Constitution through People’s Initiative. Duterte, in a press conference Tuesday night at the Grand Men Seng hotel, also […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

That extra step: How TV Patrol verified Rep. Paolo Duterte s questionable PHP51-billion infrastructure budget

CHEERS TO ABS-CBN's TV Patrol for its report that confirmed that Davao City 1st District Representative Paolo Duterte received a total of PHP51 billion for infrastructure projects from 2020 to 2022, when his father, former president Rodrigo Duterte, was still in o.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Rama ‘worried’ about Duterte-Marcos dispute

CEBU CITY, Philippines – Cebu City Mayor Michael Rama expressed concern about the ongoing political dispute in the country between former President Rodrigo Duterte and the incumbent President Ferdinand Marcos Jr. The issue has become a matter of concern for Rama, given his personal relationship with both Duterte and Marcos, whom he considers “friends.” He.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Cong. Pulong Duterte got P51-B budget in three years

It was his own statement about having his district budget reduced this year that got House members to probe and discover that Davao City First District Representative Paolo ‘Pulong’ Duterte, son of former President Rodrigo Duterte, had received P51 billion in the past years......»»

Category: newsSource:  davaotodayRelated NewsJan 26th, 2024