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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.....»»
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......»»
Consumers express mixed reactions on slight power rate increase
Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»
Intermittent Fasting dos and don’ts
“Just like in people, after a vacation, we feel recharged to return to work… If our digestive system has more rest, the more that it can do its job,” Domalaon told Philstar.com in an exclusive interview last week......»»
Easing Middle East tensions push market higher
The stock market advanced for a second consecutive session yesterday as it received much-needed boost from gains in the US market as well as easing tensions in the Middle East......»»
Over 40 defective weighing scales seized in Carbon Market
CEBU CITY, Philippines — The Office of the City Markets (OCM) of the Cebu City Government has confiscated over 40 defective weighing scales in Carbon Public Market as of March 21. Led by Market Administrator Robert Barquilla, the operation, dubbed “Operation Timbangan,” aims to ensure accurate measurements for customers. Barquilla, with assistance from Task Force.....»»
Malaysia holds historic biz market footprint in city
CONSIDERING the business climate and unique geographic position of Davao City, the Malaysia External Trade Development Corporation (Matrade) under the trade promotion agency of the Ministry of Investment, Trade and Industry (MITI) has set a historic business market footprint in the city through the Market Immersion Mission, making Davao one of their smart cities in the country, alongside the Philippine’s capital region, Manila......»»
Nikon acquires Red Digital Cinema, enters professional video market
Nikon Acquires Red Digital Cinema to Enter Professional Digital Cinema Camera Market In a strategic move to expand into the professional digital cinema camera market,.....»»
Top Industries for New Investors: A Beginner’s Handbook
Starting your investment journey is thrilling yet challenging. To guide you, focus on your goals, risk tolerance, and market trends. Success starts with picking the right industries. Explore these three beginner-friendly options for a solid start. 1. Technology Sector The tech sector, with companies like Apple and Amazon, offers growth potential. Spread your bets to […].....»»
As a new investor, how should I pick stocks to invest in?
For 99% of people who ask this question, the best answer would probably be: “You don’t.” But that’s a very unsatisfying response to give someone who has come to the market with big eyes and bigger dreams, and it’s the kind of response that starts out true but could (at some point) cease being true and constructive as the investor gains understanding and skills......»»
AI to ‘positively impact’ contact center’s growth
AI to ‘positively impact’ contact center’s growth.....»»
‘Impact of Baltimore bridge collapse on Philippine exports minimal’
The collapse of the Baltimore bridge which led to the closure of the Port of Baltimore is expected to have minimal impact on the country’s exports, according to the Department of Trade and Industry.....»»
Negishi legacy: 5 fun facts about Karaoke,impact on Filipinos
Negishi legacy: 5 fun facts about Karaoke,impact on Filipinos.....»»
Genshin Impact, Discovery Channel collaborate in nature-focused effort
Popular open-world adventure game Genshin Impact has partnered with the Discovery Channel for a series of events hoping to raise awareness to the current state of the planet’s natural habitats and its importance to human life......»»
Charter change could worsen destructive mining impact
By DOMINIC GUTOMAN AND ZYSA MEI ELLORAN Bulatlat.com MANILA – For environmental defenders, the government’s push for charter change (cha-cha) could worsen the already dire impacts of destructive mining corporations on vulnerable communities. The Kalipunan ng Katutubong Mamamayan ng Pilipinas (Katribu) and Youth Advocates for Climate Action Philippines (YACAP) held a protest in front of… The post Charter change could worsen destructive mining impact appeared first on Bulatlat......»»
USAID visits Davao del Norte to discuss impact of calamities
REPRESENTATIVES from the United States Agency for International Development (USAID) personally visited the provincial and municipal officials of Davao del Norte to comprehensively discuss the impact of the recent trough of the low-pressure area (LPA) and the shear line in the province on Monday morning, March 11, 2024......»»
BSP explores impact of Gen AI in banking
The Bangko Sentral ng Pilipinas is studying the impact of generative artificial intelligence in the banking industry as it seeks to implement some “guardrails” to mitigate potential risks......»»
4th Impact deletes GoFundMe page for dog donations after heavy backlash
After receiving heavy criticisms online, girl group 4th Impact has deleted their GoFundMe page asking for donations for their 200 dogs. .....»»
4th Impact binura na ang fundraising para sa ‘farm’ ng 200 aso
TULUYAN nang tinanggal ng P-pop girl group na 4th impact ang kanilang isinagawang donation drive sa GoFundMe para sa kanilang pag-aaring 200 na aso. Nitong Martes ng gabi, March 5 ay sinubukan naming bisitahin ang naturang post ng girl group sa naturang website ngunit nang tignan namin ay burado na ito. “Fundraiser not found. Please.....»»
BingoPlus shares love, luck, and impact during 2nd-year anniversary celebration
BingoPlus Night 2024 was not just an evening of glitz and glamour but a testament to the brand’s commitment to making a positive impact on society. Held at the Grand Hyatt Bonifacio Global City Taguig on March 1, 2024, the event brought together celebrities, influencers, industry partners, and supporters of BingoPlus, for a night of.....»»