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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......»»
GPS 2024: Over $20 billion to get transport back on track
Transport Minister Simeon Brown has released the draft Government Policy Statement (GPS) on Land Transport, outlining the Coalition Government's plan to build and maintain a transport system that enables people to get to where they need to go quickly and safely. "Over the next three years, our investment of around $7 billion per year prioritises economic growth and productivity, increased.....»»
Filing of complaints now easier with CARe System – DTI
The DTI introduced the DTI Consumer Complaints Assistance and Resolution System (CARe System) to the general public on 13 October 2023 held at the New World Hotel Manila......»»
Missile system sa Northern Luzon pinalagan ng Makabayan
Nais ng tatlong kongresistang miyembro ng Makabayan bloc na mapaimbestigahan sa Kamara de Representantes ang tinanim na missile system umano ng Estados Unidos sa Northern Luzon. The post Missile system sa Northern Luzon pinalagan ng Makabayan first appeared on Abante......»»
Cebu City eyes ‘Singapore-like’ railway system to improve transport
CEBU CITY, Philippines – A Singapore-like railway system is being eyed by the Cebu City government in a bid to improve the transport system in the city. This was after Cebu City Councilor Rey Gealon, chairman of the Traffic Management Committee (TMC), penned a resolution urging the Department of Transportation (DOTr) to conduct a study.....»»
Meralco, DOE urge firms to join ILP to ensure power supply sufficiency
The Manila Electric Company (Meralco) and the Department of Energy (DOE) called on companies to participate in the government's Interruptible Load Program (ILP) to help maintain adequate power supply during the warm and dry season......»»
Saving Money Amidst Rising Prices
Saving money while prices are on the rise can be difficult, especially when the costs of basic commodities such as food, water, and electricity are also increasing. It’s easy to say that cutting back on purchases will help us save, but in reality, it’s not always viable. In such bad situations, how can we maintain […].....»»
Your Brain Might be Hindering You to Save Money, Here’s Why
Saving money poses a formidable challenge, and surprisingly, our brains might be the culprits behind our financial struggles. Psychological and behavioral quirks create hurdles, necessitating an understanding of these factors to triumph over mental obstacles and attain financial goals through savings. Exploring the psychological and behavioral tendencies that turn saving into an uphill battle reveals: […].....»»
NBA: Hawks hold off Celtics in NBA overtime thriller
Dejounte Murray drilled the go-ahead jump shot in the final second of overtime to lift the Atlanta Hawks to a 123-122 victory over Boston Thursday, their second win over the NBA-best Celtics in four days. Murray scored all 11 of the Hawks points in overtime, posting a career-high of 44 to help the Hawks maintain.....»»
Rekindle the Flame that Made You Successful: Enjoy Your Small Business Dream
Do you remember the days during the COVID-19 pandemic when you, like thousands of Filipinos, had nothing else to do but stare at your laptop for hours on end? Do you remember that one day when something snapped in your brain and told you to get to know yourself and your passion? Then you took […].....»»
Covid Vaccines and their Potential Impact on Brain, Heart, and Blood Health
The Global Vaccine Data Network (GVDN) recently conducted a groundbreaking study evaluating the risk of 13 medical conditions following COVID-19 vaccination. This study analyzed data.....»»
DOT wants more tourists to discover Mindanao
CAGAYAN DE ORO CITY, Philippines — The Department of Tourism (DOT) is doing everything it can to attract tourists, both from within the country and abroad, to visit Mindanao. The peace and security situation in the region has greatly improved over the past ten years. Mindanao is peaceful now, and it’s fully prepared to welcome.....»»
Coming soon: Rice for diabetics
Filipino rice lovers may soon need not worry about their blood sugar level spiking when eating the staple as scientists at the International Rice Research Institute (IRRI) are advancing well with its ultra-low glycemic index (GI) rice......»»
Research Shows Exercise Reduces Stress in the Brain
A recent study has found that physical activity can significantly lower the risk of cardiovascular disease by reducing stress-related brain signaling. The study, which involved.....»»
Breakthrough Therapy Eliminates Deadly Brain Tumor in Days – The Daily Guardia
A recent study published in The New England Journal of Medicine has revealed promising results for the use of CAR T-cell therapy in treating glioblastoma,.....»»
The gloves are off
Which substance scrambles the brain more, cocaine or fentanyl?.....»»
Neuralink implants brain chip in first human, Musk says
'Initial results show promising neuron spike detection,' founder Elon Musk says.....»»
Never too young to chase dreams, discover potential
IN A society where uncertainties loom large and challenges seem insurmountable, there are individuals like Jan Marie S. Cirujano who embodies the spirit of resilience and empowerment.....»»
At the Beach
At the beach isAn ocean of time. Where to discover anew, leafy shapesClear against the blue of the sky.Sun's rays, glittering downDiamonds upon the crests of waves.The texture of tree trunksBrush scored and stippled. An ocean of time. To realize that like a treeYour roots be firmly planted in the soil.Limbs.....»»
Cong. Pulong Duterte got P51-B budget in three years
It was his own statement about having his district budget reduced this year that got House members to probe and discover that Davao City First District Representative Paolo ‘Pulong’ Duterte, son of former President Rodrigo Duterte, had received P51 billion in the past years......»»