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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......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

POGuo

Graft, grave misconduct, conduct prejudicial to the best interest of the service, gross neglect of duty, possible money laundering, tax evasion, plus lying in the certificate of candidacy in 2022, which could lead to ouster and disqualification from public office......»»

Category: newsSource:  philstarRelated NewsJun 4th, 2024

Zubiri to sue vloggers for spreading black propaganda ahead of his ouster

The former Senate president said the information campaign, which he believes to be well-funded but did not say by whom, was an attempt to tarnish his name amid moves in the upper chamber to unseat him......»»

Category: newsSource:  philstarRelated NewsJun 3rd, 2024

Marcos denies hand in Zubiri’s ouster as Senate president

'It was made by the senators,' Marcos says, adding that he has no idea what Zubiri meant when he claimed his removal was caused by the 'powers that be'.....»»

Category: newsSource:  rapplerRelated NewsMay 29th, 2024

Kicking out Senate chiefs

If you ask former Senate President Vicente “Tito” Sotto III, he only pooh-poohs the much-vaunted Malacañang Palace hands as supposedly behind the ouster of erstwhile Senate president Juan Miguel Zubiri. Sotto believes President Ferdinand “Bongbong” Marcos Jr. (PBBM) in particular had nothing to do in the most recent Senate leadership coup. .....»»

Category: newsSource:  philstarRelated NewsMay 27th, 2024

External forces behind Zubiri s ouster — Ejercito

Sen. JV Ejercito lamented the decision of 14 senators to replace former Senate chief Juan Miguel Zubiri with Francis "Chiz" Escudero, despite the Mindanao senator being loyal to and supporting the common executive-legislative agenda of President Ferdinand Marcos Jr......»»

Category: newsSource:  philstarRelated NewsMay 24th, 2024

The threat of ICC

Today’s headlines are focused on the ouster of Miguel Zubiri from the Senate presidency......»»

Category: newsSource:  philstarRelated NewsMay 23rd, 2024

Escudero admits instigating Zubiri ouster

Senate President Francis “Chiz” Escudero admitted instigating the coup in the Senate by calling other senators to support his efforts to take over the presidency of the chamber, amid doubts about the leadership of Sen. Juan Miguel “Migz” Zubiri......»»

Category: newsSource:  philstarRelated NewsMay 21st, 2024

Marcos Jr. won’t allow destabilizers during his watch

With rumors of an ouster plot swirling, President Marcos yesterday vowed not to allow any move to destabilize the government as he called on the military to remain loyal to the country......»»

Category: newsSource:  philstarRelated NewsMay 16th, 2024

Amid ouster rumors, Migz told: Deliver Cha-cha votes

Administration lawmakers yesterday challenged Senate President Juan Miguel Zubiri to fulfill his promise to President Marcos that he can muster the 18 votes needed for economic reforms in the 1987 Constitution......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Rondae Hollis-Jefferson gives all in return; TNT finds little local support in EASL ouster

Rondae Hollis-Jefferson hardly misses a beat despite a one-month injury absence, but TNT still falls out of the running to visiting Anyang in the EASL.....»»

Category: newsSource:  rapplerRelated NewsJan 24th, 2024

Aghon heads to Sariaya, Quezon; signal ' 2 up in 4 Luzon provinces

MANILA, Philippines — Tropical storm Aghon slightly intensified as it moved northwestward towards Sariaya, Quezon on Sunday morning, according to the state weather service. Based on its 11 a.m. cyclone bulletin, Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said Aghon is nearing the area packing maximum sustained winds of 75 kilometers per hour (kph).....»»

Category: newsSource:  inquirerRelated NewsMay 26th, 2024

Aghon now a severe tropical storm; Signal No. 3 up in eastern Quezon

MANILA, Philippines — Tropical storm Aghon (international name: Ewiniar) has intensified into a severe tropical storm as it moved over the coastal waters of Mauban Quezon, the state weather bureau reported on Sunday afternoon. In its 5 p.m. cyclone bulletin, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said Aghon was last monitored in.....»»

Category: newsSource:  inquirerRelated NewsMay 26th, 2024

Bagyong Aghon mas lumakas, Signal No. 2 itinaas na sa Luzon –PAGASA

BAHAGYANG lumakas at isa nang Tropical Storm ang bagyong Aghon, ayon sa Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). Base sa 11 a.m. weather bulletin ngayong araw, May 26, ang bagyo ay nasa vicinity na ng Sariaya, Quezon. Ang taglay nitong hangin ay nasa 25 kilometers per hour malapit sa gitna at bugsong aabot.....»»

Category: newsSource:  inquirerRelated NewsMay 26th, 2024

Bagyong Aghon posibleng maging typhoon, may Signal No. 1 na –PAGASA

INGAT, ingat mga ka-BANDERA sa binabantayang sama ng panahon sa ating bansa! Ito ang Bagyong Aghon na dating Low Pressure Area na namataan sa may Mindanao noong nakaraang araw. Base sa 11 a.m. weather bulletin ngayong araw, May 24, ng Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA), ang sentro ng tropical depression ay may.....»»

Category: newsSource:  inquirerRelated NewsMay 24th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMay 13th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

PAGASA: 36 areas under dangerous heat index classification on April 29

In the latest heat index bulletin of PAGASA, the state weather bureau said that 36 areas in the country will be under the "danger" heat index classification, with temperatures ranging from 42°C to 47°C......»»

Category: newsSource:  philstarRelated NewsApr 29th, 2024

38 areas under ‘dangerous’ heat index classification — PAGASA

In the latest heat index bulletin of PAGASA, it said that 38 areas in the country will be under the “danger” classification, with temperatures ranging from 42°C to 47°C......»»

Category: newsSource:  philstarRelated NewsApr 25th, 2024

PAGASA: 30 areas under ‘dangerous’ heat index classification

According to the latest heat index bulletin of PAGASA, 30 areas are forecasted to fall into the "danger" classification due to temperatures ranging from 42°C to 46°C......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024