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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......»»
NAIA, Palawan sapol ng `danger’ level sa init
Ayon sa Pagasa, ang temperatura na aabot sa 42 hanggang 51 degrees Celsius ay nasa ilalim ng kategoryang “danger” ng mga heat index. The post NAIA, Palawan sapol ng `danger’ level sa init first appeared on Abante......»»
The best is yet to come
With the situation turning from bad to worse at the Ninoy Aquino International Airport (NAIA), it’s not surprising that there is growing anticipation for the takeover by the San Miguel Corp. (SMC) group of NAIA’s rehabilitation and operation......»»
BDO readies SMC financial war chest for NAIA
The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from signing the concession for the project on March 18......»»
Grounded C-130 plane stalls flights at NAIA
Some flights at the Ninoy Aquino International Airport were delayed yesterday after a C-130 plane of the Philippine Air Force was stalled at the NAIA’s Taxiway Charlie 6......»»
San Miguel consortium wins P171-B NAIA operations, rehab project
The Department of Transportation announced on Friday that the San Miguel Consortium had been awarded the P170.6-billion contract to operate, maintain and rehabilitate NAIA......»»
Naia rehab: SMC-led consortium bags P170-B project
As early as next year, passengers using Ninoy Aquino International Airport (Naia) could expect improved management of the congested international gateway as a consortium led by San Miguel Corp. (SMC) takes over its operations and maintenance, according to the Department of Transportation (DOTr). The DOTr announced on Friday that the solicited bidding for the highly.....»»
Negros Oriental’s most wanted falls at NAIA
Negros Oriental’s most wanted falls at NAIA.....»»
BI bars entry of three American sex offenders at NAIA and Cebu airports
Bureau of Immigration (BI) Commissioner Norman Tansingco said that three sex offenders were turned away by BI officers in the international airports of Manila and Cebu. Excluded last January 10 at the Ninoy Aquino International Airport (NAIA) terminal 1 was American national Rolando Camama, 73, who arrived on board a China Airlines flight from Taipei. […].....»»
16 Asian countries discuss employing technology to implement innovative initiatives for regulating labour markets
DUBAI, 11th February, 2024 (WAM) -- Ministers of labour and human resources from 16 Asian countries sending and receiving workers discussed leveraging advanced technology for innovative initiatives aimed at resolving labor disputes and expediting verdicts. They also aimed to strengthen wage protection systems and facilitate skill mobility among participating countries. The focus was on improving labor market regulation.....»»
CA reverses MIAA execs’ dismissal
he Court of Appeals has dismissed the charges filed against former executives of the Manila International Airport Authority who initiated the reassignment of more than 200 employees......»»
CA reverses Ombudsman s dismissal order of ex-MIAA execs
In granting Chiong and Montalbo’s petition, the Court of Appeals said that it found that the Ombudsman’s decision “lack factual basis and substantial support in evidence.”.....»»
MIAA sees over 1 million arrivals this Holy Week
The Manila International Airport Authority is expecting an influx of over one million passengers this coming Holy Week......»»
MIAA doubles profit in 2023
The Manila International Airport Authority is ending its role as operator on a high note, doubling its profit to P4.02 billion in 2023 and raising dividends to the government by 15 times......»»
Groups call Marcos ‘super body’ for rights protection ‘superfluous,’ ‘window-dress’
Groups call Marcos ‘super body’ for rights protection ‘superfluous,’ ‘window-dress’.....»»
SSS pushes for social security protection of seafarers
SSS pushes for social security protection of seafarers.....»»
Catchwall and slope protection built leading to Bangon Falls
The catchwall has a length of 224.8 meters with a height of 4.2 meters as well as a slope protection that spans 78.90 meters with a height of six (6) meters......»»
Philippines, France partner for IP protection, capacity building
The Philippines has partnered with France to undertake activities to promote intellectual property protection and for capacity building, according to the Intellectual Property Office of the Philippines......»»
Health workers grapple with understaffing, poor protection
Jao Clumia of the AHW said, the prolonged delay in receiving these benefits affects the morale and service of healthcare workers. They feel disheartened, leading to the exodus of frontline workers. The post Health workers grapple with understaffing, poor protection appeared first on Bulatlat......»»
Oceana PH marks a decade of ocean protection wins
Oceana PH marks a decade of ocean protection wins.....»»