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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......»»
US Bolstering Philippines Amid Increasing Assertiveness by China
washington - The U.S. and Philippines will for the first time venture outside Manila's territorial waters when they begin joint annual combat drills in April, a Philippines government spokesman said Thursday.Colonel Michael Logico said elements of the Balikatan 2024 drills would be conducted about 22 kilometers (more than 12 nautical miles) off the west coast of Palawan, an island in the archipelago nation that.....»»
Quiboloy not ‘armed and dangerous’ even with 19 guns – PNP
MANILA, Philippines — Kingdom of Jesus Christ (KJC) founder Apollo Quiboloy, who has an arrest warrant for sexual abuse, is not considered “armed and dangerous” even though he has 19 assorted firearms, the spokesman of the Philippine National Police (PNP), Col. Jean Fajardo said, in a press conference on Monday. Fajardo explained that under the.....»»
Consumers express mixed reactions on slight power rate increase
Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»
The March 2024 priority dates
Each month, the Visa Office of the State Department publishes, in the Visa Bulletin, the priority dates for that particular month for the various family and employment-based categories......»»
The February 2024 priority dates
Each month, the Visa Office of the State Department publishes, in the Visa Bulletin, the priority dates for that particular month for the various family and employment-based categories......»»
2 suspects from Sunday s Mass bombing, among 9 killed in Philippines
MANILA, The Philippines: The Philippine army said over the weekend that its troops killed nine suspected Muslim militants, including two key suspects, in a bomb attack last month that killed four Christian worshippers in the south of the country. Army spokesman Col. Louie Dema-ala said that four army scout rangers were slightly wounded in the operation on January 25 against the Dawlah Islamiyah in the village of.....»»
Roque: Duterte got info ‘he may be arrested any time’
Former president Rodrigo Duterte claimed to have information that he could be arrested “any time” in light of the International Criminal Court probe into his administration’s controversial drug war, according to his former spokesman Harry Roque......»»
Newborn found, rescued in Calinan
A newborn baby boy was discovered and rescued at Apigo Farm in Calinan, Davao City on January 22, 2024. Elmer Cawayan, a caretaker at the farm, found the infant wrapped in a black cloth and promptly alerted the authorities. The baby is currently under the care of the Calinan Police Station, City Social Welfare and Development Office, and Barangay Disaster Risk Reduction and Management Council. A video posted online expressed outrage at the parents' abandonment of the child, while the newborn is receiving medical attention at Dr. Lorenzo Principe Clinic. The Calinan Police Station is actively investigating to identify the infant's parents......»»
3rd telco to offer free WiFi at NAIA
A third telecommunications company will offer free WiFi at all the terminals at Ninoy Aquino International Airport to boost the connectivity of the passengers, Manila International Airport Authority spokesman Chris Bendijo said yesterday......»»
‘Ramon Ang will deliver’
The signing of the documents turning over to the group of San Miguel Corp. the management and modernization of state-run Ninoy Aquino International Airport took only 40 seconds last March 18 at the presidential palace......»»
Exploring a world of creativity
FROM portraits to makeup to cosmetic tattoos and clothing, 26-year-old Dabawenya artist Goldie Siglos, known for her brand Bulawan (which means ‘gold’ in Bisaya), explores a diverse array of creative expressions. Goldie attended Brokenshire College of Toril for her basic education before pursuing a bachelor's degree in Fine Arts Major in Fashion Design at the Philippine Women's College......»»
Davao de Oro landslide: Death toll rises to 98; over 5,300 in evacuation centers
TAGUM CITY — Two bodies have been found by responders at a landslide-hit village in Maco town, Davao de Oro on Saturday, bringing the death toll of the Feb. 6 disaster to 98, local disaster officials said. In a 7 p.m. bulletin on Saturday, the Maco local government said the number of missing persons was.....»»
Trough of LPA to bring isolated rain showers in Mindanao — PAGASA
In its 4 a.m. bulletin, PAGASA said that the SOCCSKSARGEN region may experience cloudy skies with moderate to heavy rains, which may result in possible flash floods or landslides due to the trough of the LPA or the extension of LPA......»»
Daet heat index expected to hit 46°C — PAGASA
According to the bureau’s latest heat index bulletin, nine areas in the Philippines are under the “danger” classification which indicates temperatures ranging from 42°C to 51°C......»»
53% drop in Davao City’s road accidents: DCPO-TEU
The Davao City Police Office-Traffic Enforcement Unit (DCPO-TEU) has reported a significant 53% decrease in road accidents during the first 16 days of 2024 compared to the same period in 2023. Deputy Chief Pcpt. Raymundo B. Bacera Jr. revealed these statistics during the ISpeak media forum, citing 213 recorded incidents in 2023, compared to only 102 in 2024. He noted a reduction in the number of vehicles involved, from 120 to 51. Human error was identified as the primary cause of accidents, accounting for 97% of cases, while vehicle defects and road defects contributed to 2% and 1% of incidents, respectively. Private vehicles were involved in 40% of the accidents, with common human errors including texting/calling while driving, overtaking, and speeding. The peak hours for accidents were identified as between 2 pm to 4 pm. Despite the implementation of the New Speed Limit Ordinance, which came into effect on January 11, 2024, Dionisio Abude, head of the City Transport and Traffic Management Office (CTTMO), emphasized that the ordinance cannot guarantee the absence of road incidents, highlighting the critical role of driver behavior and driving habits. Since the ordinance's enforcement, CTTMO and DCPO-TEU have issued citations to 730 violators, with private vehicles constituting 49% of the total, followed by motorcycles, taxis, trucks, public utility jeepneys, buses, and public utility vans......»»
On Australian TV: No ill-gotten wealth? Only a few dared to speak up in Manila
On Australian TV: No ill-gotten wealth? Only a few dared to speak up in Manila.....»»
On Australian TV: No ill-gotten wealth Only a few dared to speak up in Manila
On Australian TV: No ill-gotten wealth Only a few dared to speak up in Manila.....»»
PAGASA: 36 areas under ‘dangerous’ heat index classification
In the latest heat index bulletin of PAGASA, it said that 36 areas in the country on Monday will be under the “danger” classification, with temperatures ranging from 42°C to 47°C......»»
30 areas under ‘dangerous’ heat index classification — PAGASA
In the latest heat index bulletin of PAGASA, it said that 30 areas in the country will be under the “danger” classification, with temperatures ranging from 42°C to 47°C......»»