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BSP issues guidelines for payment systems

The Bangko Sentral ng Pilipinas (BSP) has released its first Manual of Regulations for Payment Systems (MORPS), a formal compilation of all payment system regulations approved by the Monetary Board as of end-December 2023......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

India s neighbors adopt its digital payment system

New Delhi has launched its Unified Payment Interface in Sri Lanka and Mauritius, bolstering its influence in the region The leaders of India, Mauritius, and Sri Lanka have virtually launched New Delhi's Unified Payment Interface (UPI) system. The move allows Indian tourists to pay with the app while visiting t.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 13th, 2024

Comelec signs P17.99B contract with Miru for automated 2025 polls

MANILA, Philippines — An almost P18-billion contract was signed on Monday between the Commission on Elections (Comelec) and the South Korean firm Miru Systems Co. Ltd. (Miru Systems) for the lease of an automated election system to be used in the 2025 midterm elections. Miru Systems was the sole bidder for the lease of a.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

BSP finalizes blueprint for cross-border payment

The Bangko Sentral ng Pilipinas is set to issue the blueprint for multilateral cross-border payments connectivity among the Association of Southeast Asian Nations......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

BSP onboards OmniPay as 1st non-bank in settlement platform

The Bangko Sentral ng Pilipinas has onboarded OmniPay Inc. in the roster of financial institutions that settle high value transactions safely and instantly through the central bank-owned and operated national payment system......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

PSE EASy platform now accepts online banking for payment of IPO subscriptions

The PSE announced that it added some new features to the PSE EASy platform that allow Local Small Investors (their words, not mine) to buy IPO and follow-on offering shares using an online banking payment system......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Strong GDP expansion gives BSP room to further hike rates

he impressive economic growth posted by the Philippines in 2023 will give the Bangko Sentral ng Pilipinas more space to further raise interest rates in case of shocks, according to economists......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

CDC, Landbank offer online payment option for Clark firms

CDC, Landbank offer online payment option for Clark firms.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

Tax Notes: Guidelines for the filing of Annual Income Tax Returns and payment of taxes due thereon for calendar year 2023

Tax Notes: Guidelines for the filing of Annual Income Tax Returns and payment of taxes due thereon for calendar year 2023.....»»

Category: newsSource:  sunstarRelated NewsApr 20th, 2024

ASEAN expands regional payment connectivity

The Association of Southeast Asian Nation has onboarded Brunei Darussalam Central Bank and Bank of the Lao PDR in ramping up cross-border payments in the region, bringing the number of total central banks participating in the regional payment connectivity initiative to eight......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

LIST: Dragonpay’s payment channels schedule for Holy Week

Some payment channels will have shortened hours of operation while others will be temporarily deactivated from March 27 (Holy Wednesday) to March 30 (Black Saturday)......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024

Women entrepreneurs enjoy seamless payment solutions

Women entrepreneurs enjoy seamless payment solutions.....»»

Category: newsSource:  sunstarRelated NewsMar 23rd, 2024

Landbank, BOC streamline payment system

The Bureau of Customs and the Land Bank of the Philippines have teamed up to facilitate a digital payment scheme for various customs processes......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Manila LGU extends deadline for applications for business permits and licenses, payment of taxes and fees

Manila Mayor Honey Lacuna announced that the city government has extended the deadline for the filing of applications of business permits and licenses as well as the payment of taxes and fees. This, according to Lacuna, is meant to give business owners and the taxpayers of Manila more time to settle their dues. The mayor […].....»»

Category: newsSource:  journalRelated NewsJan 24th, 2024

BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao

SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

3 weather systems to bring rains – Pagasa

Three weather systems may bring rains over parts of the country today, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA)......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

With over 460 million children living in conflict, child protection systems must be strengthened, says UNODC Executive Director

In a world where "460 million children were living in contexts of conflict in 2022", child protection systems must be strengthened, said Ms. Ghada Waly, Executive Director of the United Nations Office on Drugs and Crime (UNODC), at a high-level conference at the European Parliament.  At the Protection of Children in Armed Conflict conference in Brussels, organize.....»»

Category: newsSource:  philippinetimesRelated NewsJan 24th, 2024

The 12 promises of the Cancer Law

In observance of World Cancer Awareness month and the 5th anniversary of the National Integrated Cancer Control Act (NICCA), I am writing to help explain the law’s provisions to the lay, as suggested by Philippine STAR reader, Adora Perez from the Corridor of Hope patient group......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

Philippines urged to prioritize health over trade at global tobacco control talks

Delegates from around the world gather in Panama this week for the 10th Conference of the Parties (COP10) to the World Health Organization Framework Convention on Tobacco Control......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

EU nations with Patriot missiles hesitate to give air defense systems to Ukraine

EU nations with Patriot missiles hesitate to give air defense systems to Ukraine.....»»

Category: sportsSource:  abscbnRelated NewsApr 23rd, 2024