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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

Slope protection built in Brgy. Marcatubig

Samar First District Engineering Office has completed the construction of the slope protection in Brgy. Marcatubig, Calbayog City, Samar......»»

Category: newsSource:  samarnewsRelated NewsMar 1st, 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

Marcos orders swift action on electric vehicle plan

The president also ordered government agencies to prioritize supporting EV adoption by commercial fleets to streamline battery charging and maintenance processes......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

China maintains defence budget growth despite economic travails

Hong Kong, March 12 (ANI): At the 14th National People's Congress, China announced its defence budget for 2024 and interestingly maintained the growth rate of its military expenditure at precisely the same percentage as last year, as Chairman Xi Jinping continues to prioritize the People's Liberation Army (PLA) at the expense of other sectors of government funding. Indeed, according to figures released on the opening day.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024

Business group backs carbon emission trading

The government should prioritize implementing a carbon emission trading system instead of imposing taxes on carbon as the latter could cause power prices to spike, according to the Makati Business Club......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

Government to assist Pinoys affected by Taiwan quake – Marcos

The government will immediately assist Filipinos affected by the magnitude 7.4 earthquake in Taiwan, President Marcos said yesterday as he expressed sympathy for the people of Taiwan......»»

Category: newsSource:  philstarRelated NewsApr 4th, 2024

DPWH tallies 268 gov’t and school buildings partially destroyed in Hinatuan quake

The Department of Public Works and Highways (DPWH) in Davao Region reported that a total of 268 school and national government buildings were partially destroyed by the magnitude 7.4 earthquake that struck Hinatuan, Surigao del Sur on December 2. The estimated damage amounted to P108,497,894.84 for school buildings and P1,899,365.60 for national government buildings. The damages included cracks on walls and falling debris such as ceilings. According to Engr. Alexander Turingan of DPWH XI, there were no reported damages in Davao Occidental and Davao del Sur. Franz Irag, Office of Civil Defense (OCD) XI operations head, emphasized the importance of addressing damages to school buildings, which also serve as evacuation centers during calamities. Dean Ortiz, spokesperson of DPWH XI, highlighted the agency's focus on national roads and bridges, clarifying that they will respond to requests to inspect private and government buildings. Architect Kashagar Toghyani, officer-in-charge of the Office City Building Official (OCBO) of Davao City, urged private building owners to promptly engage professional engineers to assess structural integrity, especially for buildings housing more than 10 individuals. He emphasized the necessity of fire inspections and transparency with building occupants to ensure their safety. The recent earthquakes did not affect government buildings in the Davao Region, and DPWH is committed to conducting thorough assessments and ensuring the safety of buildings and their occupants in the aftermath of the quake......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

LGUs, agencies urged to use geohazard maps

Former environment secretary Lito Atienza has urged concerned agencies and local government units to use geohazard maps prepared by the Department of Environment and Natural Resources to mitigate impacts of natural disasters on human life......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

Councilor urges social media influencers to observe local laws

The Davao City councilor, Temujin “Tek” Ocampo, has urged social media influencers to familiarize themselves with local ordinances before promoting areas to their followers. Ocampo, who heads the Committee on Environment and Natural Resources, appreciates the promotion of Davao City by social media influencers but emphasizes the importance of understanding local laws before attracting crowds to specific areas. He expressed gratitude for the promotion but highlighted the challenge of controlling the influx of people once a location is featured. Ocampo plans to collaborate with Councilor Al Ryan Alejandre, Chair of the Committee on Tourism and Beautification, to accredit social media vloggers through the local government unit. He underscored the need for accredited vloggers, recognizing their contributions to the city and addressing any mistakes they might make. This initiative aims to balance recognition for positive actions with corrective measures for any missteps. The concerns arose in November 2023 when a Davao City-based environment group criticized a travel vlogger for promoting recreational activities in a river within the Panigan-Tamugan Watershed. Following a waste dumping incident on January 11, 2024, the group urged Dabawenyos, especially vloggers and influencers, to refrain from visiting protected areas for leisure. They emphasize the importance of understanding and respecting rules and regulations before endorsing specific parts of the city......»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

Intensify efforts against child abuse – Cebu City dad

CEBU CITY, Philippines – A Cebu City legislator urged barangays to intensify efforts against child abuse like trafficking, online, and sexual exploitation. Cebu City Councilor James Cuenco penned a resolution requesting the 80 barangays of Cebu City through the Association of Barangay Councils (ABC) to reconvene the Barangay Council for the Protection of Children (BCPC).....»»

Category: newsSource:  inquirerRelated NewsFeb 7th, 2024

Francine, Orange & Lemons nagkaayos na, balak mag-collab in the future

“ALL is well.” Ito ang ibinandera ng bandang Orange & Lemons sa isang Facebook post matapos silang makausap ng ABS-CBN News kasama ang aktres na si Francine Diaz at ilan sa mga producers at organizers ng isang event sa Occidental Mindoro. Magugunitang mainit na pinag-usapan sa social media ang tila tensyon ng umano’y pag-prioritize at.....»»

Category: newsSource:  inquirerRelated NewsMay 5th, 2024

More millennials enroll in agri courses – Tesda

THE Technical Education and Skills Development Authority (Tesda) assured that the central agency will prioritize the abundant agricultural sector in the Davao Region as it has one of the biggest areas of agriculture in the country with a growing number of the agency’s beneficiaries enrolled in their technical vocational agri-related programs......»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 2024