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SEC strengthens push for sustainable finance
The Securities and Exchange Commission has reinforced its push for sustainable finance through the adoption of the country’s taxonomy guidelines......»»
IPOPHL issues fair use rules for copyright law
The Intellectual Property Office of the Philippines has released the fair use guidelines for Filipino creatives, educators and innovators on intellectual property rights......»»
Al-ag proposes to repeal ordinance requiring delivery riders biz permits
Davao City Councilor Bernie Al-ag has proposed the repeal of an ordinance that requires delivery riders to obtain business permits. The ordinance in question, City Ordinance 0612-21 series of 2021, classified delivery riders as independent service contractors, mandating them to apply for business permits. However, a joint memorandum circular issued by various government agencies exempts individuals providing personal services, including delivery riders, from securing business permits. Al-ag emphasized that the city government must adhere to the guidelines set forth in the memorandum. While the proposed repeal is pending, Al-ag advised delivery riders to comply with the existing ordinance. He expressed confidence in the passage of the repeal, citing the solid basis provided by the joint memorandum. Despite a group of delivery riders seeking an audience with Davao City Mayor Sebastian Duterte on the matter, Al-ag's proposal was drafted in response to a separate petition. He clarified that the repeal is not about monetary collection but aligning with national law, which exempts delivery riders from obtaining business permits. Al-ag remains optimistic about the repeal's approval, pointing to the support provided by the joint memorandum as a strong foundation for his proposal......»»
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......»»
DA to draft procurement guidelines for agricultural crises
The Department of Agriculture announced on Wednesday that they are in the process of drafting the Implementing Rules and Regulations for a law clause, seeking to stabilize necessities and commodities supply while protecting consumers from unjustified price hikes during food shortages......»»
Cerberus, HD Hyundai to kickstart Subic operations in 12-18 months
South Korean shipbuilder HD Hyundai is expected to start manufacturing operations in Subic Bay within the next 12 to 18 months, with an initial focus on offshore wind platforms......»»
PRO-Western Visayas nets P5.1 million worth of shabu in 24-hour anti-drug operations
PRO-Western Visayas nets P5.1 million worth of shabu in 24-hour anti-drug operations.....»»
P748K worth of shabu seized in 2 operations in Bangsamoro provinces
Anti-narcotics agents seized P748,000 worth of shabu from two dealers, one of them reportedly connected to two local terrorist groups, entrapped in separate operations in two Bangsamoro provinces on Friday......»»
Philex to fast–track Silangan mine operations
Pangilinan-led Philex Mining Corp is exploring all possible logistical options to fast-track the commercial operations of its Silangan gold and copper mine ahead of the fourth quarter 2025 target......»»
Drug den shut down, shabu dealer nabbed in 2 Mindanao PDEA operations
Anti-narcotics agents closed down a drug den in Pagadian City and entrapped a long-wanted shabu peddler in Datu Piang, Maguindanao del Sur in separate operations in two days......»»
PRO-Western Visayas net P2.2M shabu in overnight operations
PRO-Western Visayas net P2.2M shabu in overnight operations.....»»
Cordova to implement road clearing in all barangays
LAPU-LAPU CITY, Cebu — The Municipality of Cordova will conduct barangay road clearing operations on May 10, 2024, in compliance with the circular issued by the Department of the Interior and Local Government (DILG). Councilor Lemuel Pogoy admitted that currently, the town has only implemented road clearing operations in Barangay Poblacion or areas near the.....»»
Discussed China s 'dangerous actions' in South China Sea: Antony Blinken
Beijing [China], April 26 (ANI): US Secretary of State Antony Blinken has said that he discussed China's "dangerous actions" in the South China Sea, including against routine Philippine maintenance operations, and maritime operations near the Second Thomas Shoal, adding that US defence commitments to the Philippines remain "ironclad."Speaking to reporters in Beijing, he said, "In today's meetings, I discussed the PRC's da.....»»
PDEA nabs 10 in 2 Bataan operations
PDEA nabs 10 in 2 Bataan operations.....»»
SAF beefs up training in airborne operations
Elite troopers from the Special Action Force (SAF) beefed up their training in airborne operations to protect the country’s maritime domain, an official said on Thursday......»»
OBO Cebu City suspends operations of condo unit where kid fell
CEBU CITY, Philippines — The Office of the Building Official, or OBO, in Cebu City has temporarily suspended the operations of the condo unit where the four-year-old kid fell and died. This after the OBO, headed by its head, Architect Florante Catalan, conducted an ocular inspection on Thursday morning, April 11. READ: Boy dies after.....»»
Al-Shifa Hospital raid one of the single largest operations in the war: Israeli military sources
Israeli military sources have hailed the weeklong raid on Al-Shifa Hospital in Gaza as one of the most successful operations in the ongoing conflict with.....»»
Royalty on mining operations outside reservations pushed
The Mines and Geosciences Bureau (MGB) said that mining operations outside mineral reservations must pay a royalty as part of the government’s rationalization of the country’s mining fiscal regime......»»
UPS expands Clark operations
Logistics giant UPS is expanding operations at the Clark International Airport in Pampanga as part of its $250-million commitment to scale up its Asia-Pacific business......»»
PNR to completely suspend Metro Manila operations - International Railway Journal
PNR to completely suspend Metro Manila operations International Railway Journal.....»»