Advertisements


We are sorry, the requested page does not exist




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

EAM Jaishankar, Singapore PM exchange views on deepening engagement in fintech, digitalization, green economy

New Delhi [India], March 26 (ANI): External Affairs Minister S Jaishankar and Singapore Prime Minister Lee Hsien Loong exchanged views on deepening engagement in fintech, digitalization, the green economy, skills development and food security. EAM Jaishankar concluded his visit to Singapore on March 25. He was on an official visit to Singapore from March 23-25, the first leg of his visit to Singapore, Philippines and Mala.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

EAM Jaishankar, Singapore PM exchange views on deepening engagement in fintech, digitalization, green economy

New Delhi [India], March 26 (ANI): External Affairs Minister S Jaishankar and Singapore Prime Minister Lee Hsien Loong exchanged views on deepening engagement in fintech, digitalization, the green economy, skills development and food security. EAM Jaishankar concluded his visit to Singapore on March 25. He was on an official visit to Singapore from March 23-25, the first leg of his visit to Singapore, Philippines and Mala.....»»

Category: newsSource:  philippinetimesRelated NewsMar 26th, 2024

Adoption of Gibo’s defense concept backed by expert

The Marcos administration’s adoption of a Comprehensive Archipelagic Defense Concept is a move in the right direction and a manifestation of its seriousness in tackling external security challenges, particularly China’s growing aggressiveness in the West Philippine Sea......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Marcos approves adoption of 10-year Maritime Industry Development Plan

Marcos approves adoption of 10-year Maritime Industry Development Plan.....»»

Category: newsSource:  sunstarRelated NewsFeb 13th, 2024

Adoption made easy

Adoption made easy.....»»

Category: sportsSource:  abscbnRelated NewsJan 19th, 2024

GCash gets BSP nod to enter Europe, ME

E-wallet leader GCash has received the green light from the Bangko Sentral ng Pilipinas (BSP) to offer financial services to overseas Filipino workers (OFWs) in Europe and the Middle East......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Toni Gonzaga ibinunyag na taga-‘refill’ niya ng cash sa wallet si Direk Paul

ANG swerte, swerte naman ng TV host-actress na si Toni Gonzaga sa kanyang mister na si Direk Paul Soriano! Ayon kasi kay Toni, kusang naglalagay ng cash sa kanyang wallet ang asawa sa tuwing siya’y aalis. Ang nakakatuwang rebelasyon na ‘yan ay ibinunyag mismo ng TV host habang nagba-bag raid sa kanya ang Kapamilya segment.....»»

Category: newsSource:  inquirerRelated NewsFeb 5th, 2024

Airport screening officer returns passenger’s lost wallet

A security screening officer assigned at the Iloilo International Airport has returned a wallet containing more than P60,000 and identification cards left by a passenger......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

WHO thanks Philippines for pandemic prevention, preparedness and response

World Health Organization Director General Tedros Adhanom Ghebreyesus has expressed his appreciation of the Philippines’ role in the ongoing negotiations on a “WHO convention, agreement or other international instrument on pandemic prevention, preparedness and response” known as the Pandemic Treaty......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

WHO thanks Philippines for pandemic prevention, preparedness and response

World Health Organization Director General Tedros Adhanom Ghebreyesus has expressed his appreciation of the Philippines’ role in the ongoing negotiations on a “WHO convention, agreement or other international instrument on pandemic prevention, preparedness and response” known as the Pandemic Treaty......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

WHO thanks Philippines for pandemic prevention, preparedness and response

World Health Organization Director General Tedros Adhanom Ghebreyesus has expressed his appreciation of the Philippines’ role in the ongoing negotiations on a “WHO convention, agreement or other international instrument on pandemic prevention, preparedness and response” known as the Pandemic Treaty......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Alfamart accelerates growth with more aggressive expansion

Alfamart, the minimart chain of the SM Group, is embarking on a more aggressive growth as it ramps up store expansion starting this year......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Inflation accelerates to 3.7% in March

The increase in the prices of goods and services in the country accelerated for the second straight month in March on the back of faster upticks in food and transport costs, the Philippine Statistics Authority reported yesterday......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Oppenheimer, Poor Things top BAFTA nominations; Barbie only gets 5 nods

"Oppenheimer" is now the clear frontrunner for Oscars glory, some three weeks after the highlight of the annual British film calendar, the BAFTAs, on February 18......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

‘Succession’ and TV history take the spotlight at 2024 Emmys

The HBO series about the cutthroat Roy family leads all nominees with 27 nods for its fourth and final season.....»»

Category: newsSource:  rapplerRelated NewsJan 16th, 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

BSP Governor Eyes Potential Rate Cut as Inflation Eases

In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

BSP governor says February rate cut not likely

In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

GCash now a crypto outlet for Axie Infinity

E-wallet leader GCash, in its pursuit to expand in the digital space, has found its way to Axie Infinity, the most popular play-to-earn game at the height of the pandemic......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024