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Chan orders fire victim to stop rebuilding house
LAPU-LAPU CITY, Cebu — Lapu-Lapu City Mayor Junard “Ahong” Chan personally ordered one of the victims of the fire in Barangay Pusok to stop reconstructing his house. Chan visited the fire site at Sitio Sta. Maria on Tuesday, December 9, 2023, after learning that one resident had already started constructing a house in the area.....»»
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......»»
Beijing illegally orders arrest of foreign fishermen in SCS
Beijing continues to defy world law. It authorized the China Coast Guard to detain foreigners in the international South China Sea that it falsely claims to own......»»
5 foreigners nabbed in raid on illegal clinic
Three Vietnamese and two Chinese, all medical practitioners, were arrested during a raid on a clandestine clinic along Macapagal Boulevard in Pasay on May 13 for allegedly performing illegal surgeries and procedures, including abortion, the Bureau of Immigration said yesterday......»»
5 foreigners arrested over alleged abortion activities
The immigration bureau said that it arrested three Vietnamese nationals and two Chinese nationals were arrested along Macapagal Blvd. in Pasay City......»»
How American singer Sahara fell in love with OPM
We love Original Pilipino Music , and so do foreigners. One of them is Sahara, an American who adores OPM. That explains her moniker, “The American OPM singer.”.....»»
Heads should roll over Chinese recruitment in PCG – lawmaker
Whether in good faith or not, recruiting Chinese nationals into the Philippine Coast Guard should make the concerned government officials “accountable” even if the foreigners were just members of an auxiliary group, a lawmaker said yesterday......»»
153,000 aliens took part in 2024 Annual Report – BI
OVER 153,000 foreign nationals took part in this year’s annual report by aliens who are holders of immigrant and non-immigrant visas in country. This was learned from Bureau of Immigration (BI) Commissioner Norman Tansingco himslef, as he disclosed that a total of 153,651 foreigners participated in the 2024 Annual Report which started on January 1, […].....»»
Foreigners not allowed to sit on Maharlika board — DOJ
Referring to the 1987 Constitution in its seven-page legal opinion, the DOJ said that public officers and officials are required to be Filipino nationals and must maintain allegiance to the state at all times......»»
5 foreigners nabbed in Albay
Four Chinese and a South African have been arrested in separate operations conducted by the Bureau of Immigration in Legazpi, Albay......»»
‘Asia’s best hacker’ caught
A man previously dubbed “Asia’s best hacker” was arrested in Las Piñas for allegedly targeting foreigners in his illegal online activities, the National Capital Region Police Office (NCRPO) said yesterday......»»
Tax break for 2-wheeled EVs gains ground in Congress
Giving tax breaks for two-wheeled electric vehicles is getting more support from Congress, as a bill aiming for their inclusion in the list of vehicles benefiting from tariff reduction has been filed in the House of Representatives......»»
The Spanish golden visa
During the meeting of the Council of Ministers last month, the ministers reached a consensus to end the practice of granting golden visas to people who purchase properties worth 500,000 euros or more......»»
Navigating brand activism
The Philippines is experiencing a notable shift in corporate practice and behavior, reflecting a broader, global movement toward brands that are not just about profits but are deeply engaged in societal, environmental, and political dialogue. This change stems from a growing desire and demand among consumers for companies to contribute more meaningfully to societal welfare, pushing the boundaries of traditional business roles......»»
ERC OKs limited use of LNG for Meralco, FGEN
The Energy Regulatory Commission has allowed First Gas Power Corp. and FPG Corp. to use liquefied natural gas as an alternative fuel supply source for the Sta. Rita and San Lorenzo gas plants “in the case of the occurrence of a fuel supply force majeure event.”.....»»
PH OKs revised Asean free trade pacts with ANZ, Hong Kong
MANILA — The Philippines, a founding member of Association of Southeast Asian Nations (Asean), has agreed to amend two important free trade agreements to benefit investors, traders, and exporters. The Department of Trade and Industry (DTI) announced on Thursday that it signed the Second Protocol to Amend the Agreement Establishing the Asean-Australia-New Zealand Free Trade.....»»
Marcos OKs pharma-zones for cheaper generics
To ensure the availability of affordable medicines, President Marcos is pushing for measures to encourage both local and foreign pharmaceutical firms to take part in drug manufacturing in the country......»»
Marcos OKs 10-year roadmap to improve maritime industry
The 10-year Maritime Industry Development Plan 2028, outlined in Executive Order 55, which Marcos signed on February 8, aims to create a “strong and reliable” Philippine Merchant Fleet that will meet the country’s sea transport requirements and goals for national development......»»
Insurance commission OKs doubling of vehicular accident indemnity claims
The Insurance Commission has doubled the indemnity claims for vehicular accident victims as part of government efforts to improve overall insurance coverage in the country......»»
ADB OKs $400,000 assistance to Philippines for offshore wind projects
The Asian Development Bank is extending $400,000 to the Philippines to support the development of offshore wind ports in the country......»»