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BSP pursues reforms to modernize banks
The Bangko Sentral ng Pilipinas is pursuing policy reforms to modernize Philippine banks and ensure a sustainable, digital and inclusive banking future......»»
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......»»
US threatens Turkish businesses over Russia trade
American officials have reportedly visited Trkiye to persuade banks and companies to cut ties with the sanctioned country Turkish businesses are at risk of being banned from carrying out currency operations if they continue to trade with Russia, RIA Novosti reported on Wednesday, citing the news outlet Aydinlik. .....»»
Landbank continues to waive transfer fees below P1,000
In an advisory, Landbank said it will continue to waive fees for fund transfers to other banks sent through InstaPay and PESONet as long as it is below P1,000......»»
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......»»
A brand cannot live on hype alone: The rise and fall of Prime energy drink
Popular energy drink Prime, co-founded by influencers Logan Paul and KSI, saw a rapid rise in sales and popularity among British tweens. Bottles were even.....»»
World-class convention center to rise in Cebu
A world-class convention center will rise in Lapu-Lapu City, Cebu which could serve as venue for the Association of Southeast Asian Nations Summit to be hosted by the Philippines in 2026......»»
The rise of alternative destinations- Thailand, Poland, and the Philippines - ICEF Monitor
The rise of alternative destinations: Thailand, Poland, and the Philippines ICEF Monitor.....»»
Organic agriculture livelihood facility to rise in Victorias
Organic agriculture livelihood facility to rise in Victorias.....»»
Businesses focus on worker safety as temperatures rise
Businesses focus on worker safety as temperatures rise.....»»
Rise of the cancer-causing bugs: Researchers say dental PLAQUE could be behind mystery rise of aggressive colo
A recent surge in aggressive colon and stomach cancers has been linked to the presence of specific bacteria, according to new studies. The bacteria Fusobacterium.....»»
Region 1 records 40% rise in measles cases, 1 confirmed pertussis case
Region 1 records 40% rise in measles cases, 1 confirmed pertussis case.....»»
Creation of EDCA site at Philippine Rise proposed
The country’s eastern seaboard where the mineral-rich Philippine Rise is located should also be protected from potential intruders, just like the West Philippine Sea where China has been making repeated incursions, a senior lawmaker said yesterday......»»
China says Philippines ignored South China Sea proposal as tensions rise - BBC.com
China says Philippines ignored South China Sea proposal as tensions rise BBC.com.....»»
Marcos calls Chinese presence in Philippine Rise clear intrusion
Marcos called the presence of Chinese vessels in the Philippine Rise a “great concern” and “unnecessary.”.....»»
PCG sends vessel to Philippine Rise
Amid reports that two Chinese research ships were spotted in the Philippine Rise, the Philippine Coast Guard yesterday deployed one of its biggest vessels, the BRP Gabriela Silang, to conduct a maritime domain awareness patrol in the area......»»
PCG sends vessel to Philippine Rise after reports of Chinese vessels loitering
"We will also check the reported Chinese research vessels in Benham Rise.".....»»
Philippines conducts marine patrols to check presence of Chinese research ships
MANILA (Reuters) – The Philippines on Monday deployed a coastguard vessel to carry out a two-week patrol mission in waters north and east of the country to intensify its maritime presence and check on Chinese research vessels that were spotted in Benham Rise. Benham Rise, which sits off the Philippines’ east coast, is a vast.....»»
Modern hub to rise in north
Modern hub to rise in north.....»»
Quijano: The rise of Takuma Inoue
Quijano: The rise of Takuma Inoue.....»»