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Suspected terror fund facilitator caught using remittance centers

Emmett Manantan of the Anti-Money Laundering Council confirmed that the suspect Myrna Mabanza used money service businesses to transfer funds to members of the Abu Sayyaf Group.....»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024

Woman who demanded money in return for release of BIR docs apprehended

Woman who demanded money in return for release of BIR docs apprehended.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

Money tops Valentine s Day wish list of Filipinos — SWS

Filipinos want both practical and romantic gifts for Valentine's Day, with money topping the list, according to a survey by the Social Weather Stations. .....»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

Changing Your Mindset on Money

Changing your mindset on money is not all about being able to budget your monthly income, as there are more scenarios that need thorough thinking. Here are two pivotal aspects: the art of saving over spending and the ability to discern needs from wants through strategic investments. Embracing the Savings Mindset Financial stability requires a […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 5th, 2024

Sports Illustrated employees left in limbo as publisher faces money troubles

Sports Illustrated employees left in limbo as publisher faces money troubles.....»»

Category: newsSource:  sunstarRelated NewsJan 20th, 2024

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

[Two Pronged] My mom keeps asking me to send money for my sister’s gambling debts

'Two years ago I said enough was enough and sent money only for my mother’s expenses, no matter how much she asked me to help, no matter how big my sister’s gambling problem seemed. She did not talk to me for two months.'.....»»

Category: newsSource:  rapplerRelated NewsJan 14th, 2024

Making money

The best business in the Philippines today is banking......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

DOE assures public: ‘No power crisis amid El Niño’

The warm or dry season has officially begun, the Philippine Atmospheric, Geophysical and Astronomical Services Administration declared in the last week of March......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Igacos records 35K tourist arrivals from Mar 28 to 30

AMID the current power crisis, the Island Garden City of Samal (Igacos) recorded nearly 35,000 tourists during the Lenten break......»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Lotilla sablay forecast: 47 power plant tumirik sa El Niño

Umaabot sa 47 power plant ang tumirik sa loob lamang ng 30 araw kaya halos kapusin ang suplay ng kuryente sa Luzon at Visayas, taliwas sa naging pangako ni Energy Secretary Raphael Lotilla noong Marso na sapat ang suplay ng kuryente kahit sa panahon ng tag-init. The post Lotilla sablay forecast: 47 power plant tumirik sa El Niño first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 29th, 2024

Alerts raised on Visayas, Luzon grids due to power woes

MANILA, Philippines — The Visayas grid was placed on yellow alert while the Luzon grid on red alert by the National Grid Corp. of the Philippines (NGCP) on Tuesday, April 16. This was after 42 power plants either stopped supplying electricity or reduced their output. When power supply is insufficient to meet consumer demand then.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Xinhua Headlines: What China s new economic pivot means for the world

by Xinhua writer Liu Bowei BOAO, China, March 30 (Xinhua) -- On a flat ground in the Mymensingh district in north-central Bangladesh, some 169,000 solar panels are laid in rows, converting sunrays into electrical power. Now, the 50 MW photovoltaic power plant serves as an epitome of Bangladesh's booming green power development, as the South Asian country has announced the decision to reduce carbon dioxide.....»»

Category: newsSource:  manilanewsRelated NewsMar 30th, 2024

‘Cha-cha lies in the power of the people, not politicians’ – coalition

“The amendments are unnecessary, not urgent, and could worsen the situation of the Filipino people. The process is also alarming since adding the provision ‘unless provided by law’ gives Congress the power to revise or even reverse the constitutional provisions through ordinary legislation." The post ‘Cha-cha lies in the power of the people, not politicians’ – coalition appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 14th, 2024

San Miguel, Meralco, Aboitiz Power to team up on P185-B LNG facility

Three of the country’s wealthiest and most influential players in the power industry will team up to develop an integrated liquefied natural gas power plant in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Remembering EDSA in Bicol | PNP opts for ‘police power’ in freedom parks

During the People Power commemoration, the Philippine National Police (PNP) occupied all parks in Camarines Sur for their supposed “outreach” program. Still, it did not stop more than 300 activists here to stage a protest action in the afternoon of Feb. 25. The post Remembering EDSA in Bicol | PNP opts for ‘police power’ in freedom parks appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 29th, 2024

People Power

A child asks her aunt to explain the People Power photographs on display at the MIC Cursillo House in Davao City on Sunday (25 February 2024), the 38th commemoration of the People Power Revolution. MindaNews photo by CAROLYN O. ARGUILLAS.....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

SEC streamlines capital raising for power firms

he Securities and Exchange Commission has streamlined the registration process for capital raising of power generation companies and distribution utilities, in support of the public offering mandate stipulated in the Electric Power Industry Reform Act of 2001......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

Why planned power boost to Cebu Island welcomed and needed

MANDAUE CITY, Cebu — A business leader in Cebu’s industrial and logistics hub welcomes a firm’s plan to give the island a power boost with its planned expansion and construction of its power facilities. Mark Ynoc, incoming president of the Mandaue Chamber of Commerce and Industry (MCCI), told CDN Digital in a message, why the.....»»

Category: newsSource:  inquirerRelated NewsFeb 3rd, 2024

Philippines investment board awards green lane for solar power project

MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024