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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

DOTr to SC: Dismiss petitions vs PUV modernization

The Department of Transportation and the Land Transportation Franchising and Regulatory Board have asked the Supreme Court to dismiss for lack of merit a petition seeking to stop the implementation and ultimately void government orders related to the public utility vehicle modernization program......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Envi group urges Senate to probe Samal-Davao bridge project

DAVAO CITY (MindaNews / 15 January) – The Sustainable Davao Movement has called on the Senate to investigate the implementation of the Samal Island-Davao City Connector (SIDC) project due to the ties of the government’s winning contractor, China Road and Bridge Corporation (CRBC), to the China Communications Construction Company Limited (CCCC), which the United States government blacklisted in […].....»»

Category: newsSource:  mindanewsRelated NewsJan 15th, 2024

Metro Manila Subway project now 40% complete, says DOTr

The Philippines' first-ever underground mass transport system is almost halfway through completion after it recorded an overall project implementation progress rate at 40% as of January 2024......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Grievance system in 4Ps needs improvement – PIDS

The government needs to enhance the capability of staff in handling complaints and concerns of beneficiaries of the Pantawid Pamilyang Pilipino Program, as well as improve data management for better implementation of the conditional cash transfer program, according to the Philippine Institute for Development Studies......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

DFA urged to void Quiboloy’s passport

The whereabouts of Quiboloy, who faces alleged sexual and child abuse and human trafficking cases, remain unknown. .....»»

Category: newsSource:  philstarRelated NewsApr 29th, 2024

How to get a passport: A first-timer’s guide

CEBU CITY, Philippines –Ever found yourself caught in the bureaucratic loop of needing a valid ID to get another form of ID? Imagine this, you need an ID to get another ID, but to get that first ID, you need… you guessed it, another ID. It’s like a modern-day puzzle that leaves us all scratching.....»»

Category: newsSource:  inquirerRelated NewsApr 14th, 2024

MMDA: E-vehicle ban on nat l NCR roads to take effect on April 15

Electronic vehicles will be officially prohibited on national roads of the National Capital Region starting April 15, the Metropolitan Manila Development Authority said on Monday. .....»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

CTTMO: Bao-bao drivers not allowed to ply nat’l highways

THE Davao City Transport and Traffic Management Office (CTTMO) reminded Bao-Bao or Ombak drivers and operators that they are not allowed to traverse national highways and to follow the motorized tricycle-for-hire (MTH) approved routes......»»

Category: newsSource:  sunstarRelated NewsFeb 27th, 2024

We’re working on it : DOJ says on expelled solon Teves’ extradition

The Department of Justice said it is working on extraditing expelled lawmaker Arnolfo Teves Jr. after a Manila court ordered the cancellation of his passport......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2024

IOC denies Manny Pacquiao exemption to box at Olympics

(Photo credit: Stephen R. Sylvanie-USA TODAY Sports) The International Olympic Committee said former world champion boxer Manny Pacquiao cannot compete for the Philippines at this year's Olympic Games in Paris. Pacquiao, 45, retired in 2021 but sought to box for his country at the Olympics. The IOC's age limit for boxers is 40. The Philippines asked for an exception based on the "universality" entry rule, in which a nat.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

IOC denies Manny Pacquiao exemption to box at Olympics

(Photo credit: Stephen R. Sylvanie-USA TODAY Sports) The International Olympic Committee said former world champion boxer Manny Pacquiao cannot compete for the Philippines at this year's Olympic Games in Paris. Pacquiao, 45, retired in 2021 but sought to box for his country at the Olympics. The IOC's age limit for boxers is 40. The Philippines asked for an exception based on the "universality" entry rule, in which a nat.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

Will Lin play against Gilas?

Nine-year NBA veteran Jeremy Lin is eligible to play for Chinese-Taipei against Gilas in the FIBA Asia Cup qualifying window game at the PhilSports Arena on Feb. 25. He could suit up as a naturalized “import,” having acquired a Taiwan passport in August 2020 or as a local if FIBA grants an exception like it did with Indonesian-American Brandon Jawato.....»»

Category: sportsSource:  philstarRelated NewsFeb 17th, 2024

Sarmiento, Quinones kampeon sa Nat’l Table Tennis tilt

PINANGUNAHAN nina National pool member Cate Jazztyne Sarmiento at Kyle Quinones ang mga batang kampeon sa katatapos na 5th FESSAP National Age-Group Table Tennis Championship sa Ayala Malls Cloverleaf Wellness Center. Ginapi ng 18-anyos na si Sarmiento, pambato ng lipa City, ang karibal na si Ashley Allorde ng PCAF para tanghaling reyna sa 19-under women’s ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsFeb 4th, 2024

‘Sing nat’l anthem 1,000 times’: Dela Rosa says pro-ICC Filipinos don’t love PH

MANILA, Philippines — Filipinos who are in favor of the investigation by the International Criminal Court’s (ICC) should be made to sing the Philippine national anthem 1,000 times to revive their love for the country, said Senator Ronald “Bato” dela Rosa. Dela Rosa, who was among those mentioned in the crimes against humanity complaint before.....»»

Category: newsSource:  inquirerRelated NewsJan 24th, 2024

IN PHOTOS: Balik Cebu 2024

Summary: The Balik Cebu 2024 event, hosted at the Terraces, Ayala Center Cebu, has been a prominent part of the Sinulog festival for 22 years. In collaboration with the Cebu City Government, Mactan International Airport Association, and other tourism stakeholders, it aims to welcome back balikbayans (returning Filipinos) for the grand Sinulog festival. The Balik Cebu Dinner Show offers balikbayans the complete Sinulog experience, featuring Filipino cuisine, performances by Cebuano artists, the Sinulog Mardi Gras, the presentation of Miss Cebu winners and her court, Tribu Basakanaon, and a band performance. Tickets priced at P500 can be purchased at the Balik Cebu Turista Desk by presenting a passport or proof of residence outside the Philippines. Balikbayans can also buy up to three additional tickets for non-balikbayans accompanying them. The event will take place at Ayala Center Cebu on January 18 at 6 PM. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

Rep. Richard Gomez: Threats won’t stop me from serving people

ORMOC CITY, Leyte — Leyte 4th District Rep. Richard Gomez assures his constituents that the alleged threats on his life will not stop him from serving and doing his public duties. Gomez was referring to the information reliable sources about the alleged plan to assassinate the Leyte 4th District representative, 4 Leyte mayors, and barangay.....»»

Category: newsSource:  inquirerRelated NewsMay 15th, 2024

Philippines is sole Asia stop for Marvel Universe Live!

Feld Entertainment's "Marvel Universe Live!" will make its Asian debut in the Philippines in a month's time, and it will be the show's only stop in the continent......»»

Category: entertainmentSource:  philstarRelated NewsMay 3rd, 2024

Paulo Avelino: ‘Please stop giving me gifts…I prefer handwritten letters’

“PLEASE stop giving me gifts.” ‘Yan ang naging pakiusap ng aktor na si Paulo Avelino sa kanyang mga tagasuporta at fans. Dahil para raw sa kanya, mas naa-appreciate niya kung ito ay “handwritten letters.” “Hello, I’m grateful for the material gifts given to me, but as much as I appreciate the gifts and effort, please.....»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 2024

SC asked: Junk Quiboloy’s bid to stop Senate arrest

The Senate has asked the Supreme Court to dismiss the petition filed by fugitive Kingdom of Jesus Christ founder Apollo Quiboloy to stop the chamber from enforcing its order for his arrest......»»

Category: newsSource:  philstarRelated NewsMay 1st, 2024