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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......»»
Goorjian bats for exposure
Strong Group Athletics coaching consultant Brian Goorjian is convinced playing in EASL will improve the standards in the domestic leagues where the participating teams are seeing action and lead to raising the competitive level of national squads. .....»»
Group bats for lease-free broadband connectivity for digital economy growth
A digital advocacy network said that the Philippines should lift the lease payments for the setup of internet connection, emphasizing that it will have a positive impact on Filipino web users......»»
As global economy slows, Philippines bats for intensified financing solutions
The Philippines has called on multilateral financial institutions to step up support and financing solutions to developing nations as the global economy hits a critical point of further slowdown......»»
Altamirano bats for 3x3 hoops as better fit for Filipino ballers
If you were to ask Coach Eric Altamirano, Filipinos have a “better shot” in 3x3 basketball compared to the usual five-a-side games......»»
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......»»
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......»»
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.....»»
Addressing the Philippines’ 2024 Threat Landscape: Kaspersky Launches KUMA Platform
To help Filipino businesses and organizations stay safe in cyberspace while embracing digitalization, Kaspersky announces today the launch of Kaspersky Unified Monitoring and Analysis Platform (KUMA), its integrated software solution that includes a set of functions for security information and event monitoring and management. The Philippines is expected to continue its double-digit growth towards $35B […].....»»
Cebu groups call for wage increase on Labor Day
CEBU CITY, Philippines – Holding big red flags and banners, demonstrators coming from various labor groups and people’s organizations in Cebu gathered as one unified group on Wednesday, May 1, to deliver a collective plea for laborers – a wage increase. The demonstrators gathered in downtown Cebu City at around 7:30 a.m. and walked to.....»»
Tapales returns
Marlon Tapales, the former unified and two-division world champion, returns to the ring against Nattapong Jankaew of Thailand on May 10 with the WBC Asia Continental super bantamweight title at stake at the Midas Hotel and Casino......»»
Jobstreet by SEEK Empowers Cebu Hirers and Jobseekers with ‘Better Matches’
Following the recent success of its unified job marketplace platform, Jobstreet by SEEK has extended its ‘Better Matches’ initiative to Cebu, empowering local hirers and jobseekers with transformed talent and job search experience. As the Cebu economy continues to thrive due to tourism and the growing IT-BPM industry, Jobstreet by SEEK aims to enable hirers […].....»»
Xinhua Asia-Pacific news summary at 1600 GMT, March 4
KATHMANDU -- Nepali Prime Minister Pushpa Kamal Dahal on Monday broke his coalition with the Nepali Congress party and reshuffled the cabinet. Dahal, chairman of the Communist Party of Nepal (Maoist Center), joined hands with the Communist Party of Nepal (Unified Marxist-Leninist) and after removing all the cabinet ministers, he initially introduced three ministers into the new cabinet, with one from the CPN-UML.....»»
Gilas not giving up olympic stint remains ultimate goal
In a unified voice, members of Gilas Pilipinas and Samahang Basketbol ng Pilipinas officials declared their commitment to Tim Cone’s four-year program that they hope will end with a ticket to the Olympics......»»
Maya is '1 Digital Bank in PH
Maya now stands as the #1 Digital Bank in the Philippines, revolutionizing the industry with its unified payments and banking services on one digital platform. In 2023, Maya saw a remarkable increase in users, with 3 million depositors, more than double the previous year, and a deposit balance reaching PHP25 billion, a 69% increase from […].....»»
FPRRD senatoriable rating slides
FORMER president Rodrigo Duterte slips down from the top spot of the leading candidate for the 2025 Senatorial Elections in a PUBLiCUS Asia survey......»»
DepEd, DOH, DSWD top performing agencies – survey
The Department of Education received the highest satisfaction rating and remained the most trusted among government agencies included in a survey conducted by the OCTA Research group......»»
Dingdong abangers na kina Vice, Anne, Gabby at JenDen sa ‘Family Feud’
IN FAIRNESS, nananatili pa rin ang “Family Feud” hosted by Dingdong Dantes bilang isa sa mga top-rating show ng GMA 7. Wala pa ring makapagpatumba sa naturang programa na ilang taon na ngayong namamayagpag sa ere kaya naman feeling thankful and grateful si Dingdong sa lahat ng Kapuso viewers. Ang maganda pa sa “Family Feud”,.....»»
FACT CHECK | PDP Laban shows incomplete data of Publicus survey favorable to Sara Duterte
MindaNews fact-checked a Facebook post of political party Partido Demokratiko Pilipino – Lakas ng Bayan (PDP Laban) that Vice President Sara Duterte gained the highest approval rating among national government officials in the 2023 fourth quarter survey of Publicus Asia, Inc. The post is misleading as it did not indicate that while she had the […].....»»
Japan credit rater bullish on Philippine growth this year
The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»