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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

India to deliver first set of BrahMos missiles to Philippines tomorrow

New Delhi [India], April 18 (ANI): India is set to deliver the first set of BrahMos supersonic cruise missiles to the Philippines as part of the USD 375 million deal between the two sides signed in 2022. The Indian Air Force is sending its American origin C-17 Globemaster transport aircraft with the missiles to Philippines to deliver the weapon system to the Philippines Marine Corps, defence sources said. The transportati.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

Political prisoners wait an average of 4 years in jail while on trial

'There is a responsibility on the entire justice system to ensure that cases like these do not languish in prison,' says UN Special Rapporteur Irene Khan.....»»

Category: newsSource:  rapplerRelated NewsFeb 8th, 2024

LTO appointment system set for driver’s license renewal in Cebu

CEBU CITY, Philippines — Good news to drivers who want to apply or renew their licenses, especially in Cebu. The Land Transportation Office confirmed on Tuesday that they are planning to implement the courier service and LTO appointment system in Cebu in the first week of May. LTO Assistant Secretary Vigor Mendoza II announced this.....»»

Category: newsSource:  inquirerRelated NewsApr 24th, 2024

BrahMos supersonic cruise missile system exports to begin in next 10 days: DRDO chief

By Ajit DubeyNew Delhi [India], January 25 (ANI): India will begin the export of ground systems for the BrahMos supersonic cruise missile in the next 10 days while the missiles of the system would be sent by March this year, DRDO chairman Dr Samir V Kamat said on Thursday. The Defence Research and Development Organisation chairman, in an interview with ANI, said the first set of BrahMos missile systems is expected to reac.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

BrahMos supersonic cruise missile system exports to begin in next 10 days: DRDO chief

By Ajit DubeyNew Delhi [India], January 25 (ANI): India will begin the export of ground systems for the BrahMos supersonic cruise missile in the next 10 days while the missiles of the system would be sent by March this year, DRDO chairman Dr Samir V Kamat said on Thursday. The Defence Research and Development Organisation chairman, in an interview with ANI, said the first set of BrahMos missile systems is expected to reac.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Owner of loose ostriches indicted

The owner of two ostriches that ran loose in a private subdivision in Quezon City at the height of the COVID pandemic in 2020, one of which later died due to alleged extreme stress,  was indicted and is set to undergo trial......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

Volodymyr Zelenskyy Set to Replace Ukraines Top General – The Daily Guardia

The Daily Guardian Access Quality Journalism with FT’s Trial Offer In a bid to make its journalism accessible to a wider audience, the Financial Times.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 31st, 2024

Jericho Rosales working on comeback show, unnamed Star Cinema movie

Six years after his last TV role in the hit 2018 show "Halik" opposite Yam Concepcion and Yen Santos, Jericho Rosales is set to appear in another show this year......»»

Category: entertainmentSource:  philstarRelated NewsApr 19th, 2024

‘Black Panther’ TV series in development for Disney+

(FILES) In this file photo taken on January 28, 2018 actor Chadwick Boseman at the Los Angeles World Premiere of Marvel Studios’ BLACK PANTHER at Dolby Theatre in Hollywood, California.  Disney is developing a “Black Panther” television series set in the fictional African kingdom of Wakanda as part of a massive new five-year content deal […].....»»

Category: newsSource:  balitaRelated NewsApr 9th, 2024

Castigador, Onte reign in Castro Cup

Anthony Castigador and Alexandra Onte flaunted their tennis prowess in the Gov. Fredenil Castro Cup National Junior Championships, securing dual victories for Iloilo City at the Villareal Stadium hard courts in Roxas, Capiz over the weekend......»»

Category: sportsSource:  philstarRelated NewsApr 23rd, 2024

Iloilo youngsters shine in PPS Castro Cup tennis tourney

Anthony Castigador and Alexandra Onte flaunted their tennis prowess in the Gov. Fredenil Castro Cup National Junior Championships, securing dual victories for Iloilo City at the Villareal Stadium hard courts in Roxas, Capiz......»»

Category: sportsSource:  philstarRelated NewsApr 23rd, 2024

BIFF leader, 10 followers killed in Maguindanao del Sur clash

The top leader of one of three factions in the Bangsamoro Islamic Freedom Fighters, wanted for 47 heinous crimes in different courts, and his ten followers died in a clash with soldiers in Datu Saudi Ampatuan, Maguindanao del Sur on Monday......»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

Sen. Hontiveros presses PNP to get Quiboloy’s guns: ‘Nakapagtataka ang bagal’

MANILA, Philippines — The Philippine National Police (PNP) could now confiscate the firearms of Pastor Apollo Quiboloy based on the cases lodged against him, Senator Risa Hontiveros said on Monday. Quiboloy faces two arrest orders from the Davao and Pasig courts for sexual abuse and human trafficking charges. A separate warrant of arrest was also issued by.....»»

Category: newsSource:  inquirerRelated NewsApr 22nd, 2024

Over 250 bets battle it out in PPS Gov. Castro Cup netfest

The spotlight shines on emerging talents from Western Visayas with over 250 entries across nine singles age-group categories competing in the Gov. Fredenil Castro Cup National Junior Tennis Championship at the Villareal Stadium hard courts in Roxas, Capiz......»»

Category: sportsSource:  philstarRelated NewsApr 18th, 2024

Beach volley back in Nuvali

Elite action returns to the world-class Nuvali Sand Courts in the City of Santa Rosa as the Philippine National Volleyball Federation (PNVF) hosts the Smart Asian Volleyball Confederation (AVC) Beach Tour Nuvali Open starting this Thursday until Sunday......»»

Category: sportsSource:  philstarRelated NewsMar 31st, 2024

Blazers emerge as masters of NCAA lawn tennis

College of St. Benilde flexed its muscle in lawn tennis after it mightily swept both the men’s and women’s division of the recently concluded NCAA Season 99 edition at the PCA courts in Paco, Manila......»»

Category: sportsSource:  philstarRelated NewsMar 26th, 2024

Quiboloy charged with criminal raps in Pasig, Davao courts

The Department of Justice on Tuesday said that prosecutors from the Davao City Prosecutor’s Office have recommended the filing of charges against doomsday preacher Apollo Quiboloy......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

Blazers close in on NCAA lawn tennis sweep

College of St. Benilde moved on the verge of an NCAA Season 99 lawn tennis sweep after recently seizing the first round pennants of both the men’s and women’s divisions at the PCA courts in Paco, Manila......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

Lionesses roar

San Beda obliterated University of Perpetual Help, 3-0, to jumpstart its three-peat feat bid in the women’s division of NCAA Season 99 tennis at the PCA courts in Paco, Manila......»»

Category: sportsSource:  philstarRelated NewsMar 16th, 2024