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Saudis could recognize Israel if Palestinian issue resolved – foreign minister
Saudi Arabia's foreign minister says securing regional peace through the creation of a Palestinian state is 'something we have been indeed working on with the US administration, and it is more relevant in the context of Gaza'.....»»
More ‘hot money’ exits Philippines in January
More foreign capital left the Philippines in January, marking the second straight month of net outflow, amid continued economic uncertainties globally......»»
$247 million hot money exits Philippines in 2023
A total of $247.3 million worth of speculative funds exited the Philippines last year, reversing the $886.7 million net inflow recorded in 2022, according to the Bangko Sentral ng Pilipinas......»»
Teachers group press DepEd for more funding to hold indoor year-end rites
ACT Chairperson Vladimer Quetua said that additional funds on top of schools' maintenance and other operating expenses (MOOE) are needed to secure suitable venues for graduation and moving up ceremonies. .....»»
In Asia Pacific, rise in public debt is hurting women’s access to social services
Regular check ups, particularly those related to reproductive health, are not covered by the free services provided by village health centers, as per the Philippine law on universal health care. Fabella wishes that the government can allocate more funds for the basic services but this has not improved over the years. The post In Asia Pacific, rise in public debt is hurting women’s access to social services appeared first on Bulatlat......»»
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......»»
‘Heart disease still leading cause of death in Philippines’
Heart disease remained the top cause of death in the country from January to September 2023, according to the Philippine Statistics Authority......»»
DTI Chief Pascual highlights Philippine investment opportunities at Milken Asia Summit in Singapore
DTI Secretary Fred Pascual highlighted the Philippines' readiness to welcome global investors, emphasizing the nation's strategic trade policies and investment priorities at the 10th Milken Institute Asia Summit held on September 14 in Singapore......»»
Huangyan Island: The Philippines inconsistent rhetoric
The Chinese Coast Guard ship performs a patrol mission in the waters near Huangyan Island, South China Sea, September 22, 2023. /CFPEditor's note: Ding Duo, a special commentator on current affairs for CGTN, is the deputy director and an associate research fellow at the Research Center for Ocean Law and Policy, the National Institute for South China Sea Studies. Zhong Hui, a spe.....»»
Huangyan Island: The Philippines inconsistent rhetoric
The Chinese Coast Guard ship performs a patrol mission in the waters near Huangyan Island, South China Sea, September 22, 2023. /CFPEditor's note: Ding Duo, a special commentator on current affairs for CGTN, is the deputy director and an associate research fellow at the Research Center for Ocean Law and Policy, the National Institute for South China Sea Studies. Zhong Hui, a spe.....»»
PBA: James Yap still undecided on retirement
MANILA, Philippines—Rain or Shine swingman James Yap is at a crossroads with regard to his basketball future. Yap, who signed a one-conference deal to return with Rain or Shine in the offseason last September, said he has “not yet” decided on a potential retirement following the Elasto Painters’ exit in the PBA Commissioner’s Cup quarterfinals on Friday. The.....»»
Maya lauded globally as Philippines’ Best Digital Bank
2023 marked a milestone for Maya, reaching an impressive three million depositors. Dominating the industry, Maya commands 57% of the total digital bank depositors, as reported in September 2023 by Bangko Sentral ng Pilipinas (BSP). .....»»
EDITORIAL - Foreign trade barriers
Instead of declaring war on pollster Pulse Asia over its latest survey showing 88 percent of Filipinos opposing Charter change, congressmen can read the report of the office of the US Trade Representative, which details foreign trade barriers in 59 markets including the Philippines......»»
DFA launches e-Apostille service; first in Asean region
MANILA, Philippines — The Department of Foreign Affairs Office of Consular Affairs (DFA – OCA) announced that it launched an e-Apostille service for civil registry documents. DFA said the system will allow the public to apply online for e-documents and e-Apostilles from the Philippine Statistics Agency (PSA) without having to appear in both offices. Foreign Affairs.....»»
PSEi surges with strong foreign buying ahead of Lunar New Year break
MANILA, Philippines —The Philippine Stock Exchange Index (PSEi) rose on Thursday due to strong foreign buying ahead of the long weekend. By the end of trading, the PSEi went up by 0.29 percent (20.12 points) to reach 6,850.16, while the broader All Shares index rose by 0.21 percent (7.45 points) to 3,574.21. There will be.....»»
Swiss minister arrives today
Switzerland’s top diplomat will arrive in the Philippines tomorrow, the first time that a Swiss foreign minister will visit the country since 2008, the Department of Foreign Affairs has announced......»»
South Koreans top list of foreign fugitives nabbed in Philippines in 2023
The Bureau of Immigration arrested a total of 128 foreign fugitives last year, with South Koreans making up the largest group. .....»»
Germany’s top diplomat visits Philippines
German Federal Foreign Minister Annalena Baerbock will arrive in the country today to meet with President Marcos and Foreign Affairs Secretary Enrique Manalo......»»
Romualdez: Philippines WEF hosting to spur more foreign investments
The Department of Transportation said it needs at least P12.5 billion to build 200 more ports under the Marcos administration, underscoring the need to improve connectivity in remote islands......»»
PUBG Mobile continues steady rise in Philippines
PUBG: Mobile has been a steady shooting game that Filipinos have been playing since its release back in 2018. Since then, the game has had Filipino-centric initiatives in 2022......»»