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Inflation and its impact on senior citizens

The recent government initiative to bolster social pension payouts for indigent senior citizens reflects a vital step in mitigating the impact of inflation on basic necessities......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023

The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

PCG’s Facebook page hacked in third cyberattack this 2024

MANILA, Philippines  – The Philippine Coast Guard (PCG) lost access to its Facebook account on Monday evening, the third cyberattack that gripped the maritime security group this year. At around 6 p.m., PCG spokesperson Rear Admiral Armand Balilo said that “an unknown entity gained access on [its] official Facebook page” which was handled by the personnel.....»»

Category: newsSource:  inquirerRelated NewsFeb 26th, 2024

1,314 indigent Victorias senior citizens receive first semester stipend

1,314 indigent Victorias senior citizens receive first semester stipend.....»»

Category: newsSource:  sunstarRelated NewsMay 12th, 2024

Lightning strikes kill 3 senior citizens in Cagayan

Three senior citizens have died while another has been injured in lightning strikes in Cagayan......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024

58 firearms surrendered by citizens of Central Mindanao

58 firearms surrendered by citizens of Central Mindanao.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Mandaue senior citizens allowance to go up by P2K

MANDAUE CITY, Philippines – Registered Mandaue senior citizens will soon receive a P2,000 increase in their yearly financial assistance. Currently, elders in Mandaue City are receiving P8,000 in financial assistance annually. With the increase, their take home incentive will go up to P10,000. Mayor Jonas Cortes on Thursday, April 18, said that this is to.....»»

Category: newsSource:  inquirerRelated NewsApr 18th, 2024

Senior citizens in Mandaue City receive cash aid

MANDAUE CITY, Philippines – Senior citizens in Mandaue City received the first tranche of their financial assistance, worth P4,000, on Tuesday, April 16. The distribution took place at the Mandaue City Cultural and Sports Complex, where the city government also offered several services. The caravan of services included free medical and dental consultations, legal consultations.....»»

Category: newsSource:  inquirerRelated NewsApr 16th, 2024

FACT CHECK: P20K automatic monthly pension for senior citizens false

A YouTube channel, Tita Kitkat TV claims that the government will now provide an automatic P20,000 monthly social pension for all senior citizens......»»

Category: newsSource:  davaotodayRelated NewsApr 9th, 2024

FACT CHECK: One-time P10,000 benefits for senior citizens false

The YouTube Channel Balitang Pinas made a video claiming senior citizens or persons aged 60 years old and above who have obtained their senior citizen’s ID can now obtain a financial incentive worth 10,000 pesos......»»

Category: newsSource:  davaotodayRelated NewsApr 9th, 2024

Mandaue City changes venue for cash aid distribution due to intense heat

MANDAUE CITY, Philippines – Mandaue City will make adjustments to the distribution of financial assistance for senior citizens due to the intense heat. Earlier, the Office of the Senior Citizens Affairs in Mandaue City posted the schedule for the distribution of the first tranche of cash assistance from April 16 to 24. The schedule also.....»»

Category: newsSource:  inquirerRelated NewsApr 4th, 2024

The dangers of voting by non-citizens

Only US citizens may vote in federal elections......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

House panel OKs tax breaks for companies hiring senior citizens

Under the bill, companies hiring elderly workers can avail of a 25% tax reduction of the amount paid to salaries, wages and benefits and trainings for senior citizens. .....»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

Senior citizens in Cebu City to receive cash aid starting March 21

CEBU CITY, Philippines — Around 90,500 Cebu City senior citizens are eligible to receive their cash aid for the first quarter of 2024 starting March 21, according to the head of the agency overseeing the affairs of the city’s elders. OSCA Head, Lawyer Homer Cabaral, told CDN Digital in an interview on Thursday, March 14,.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

Suspek sa pagpatay sa 2 ka mga senior citizens padayong gisubay

Suspek sa pagpatay sa 2 ka mga senior citizens padayong gisubay.....»»

Category: newsSource:  sunstarRelated NewsMar 11th, 2024

Discount ng senior citizens, PWDs sa ‘grocery’ tataas na ng P500 kada buwan

MAY good news sa lahat ng senior citizens at mga persons with disability (PWD)! Mas malaki na ang makukuha niyong “discount” sa pagbili ng grocery items katulad ng bigas, itlog, tinapay, at marami pang iba. Kung dati, ang weekly grocery discount ay may cap na P65, ngayon ay tataas na ito ng P125! Ibig sabihin,.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

Senior citizens, disabled among mujahideen to get allowance from BARMM

COTABATO CITY (MindaNews / 27 February)— An initial P500-million fund coming from the office of the chief minister will finance allowances for former Moro combatants who are already senior citizens or permanently disabled. This was after the Bangsamoro Parliament approved a measure to establish an office that will provide financial aid to Moro Islamic Liberation […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

Marcos sees internet access for all via fiber backbone project

The government is ramping up efforts to provide internet access for all Filipinos amid its importance in trade and communication, President Marcos said on Friday......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

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

Israel bombs Gaza, fights Hamas around hospitals

Israeli forces pounded besieged Gaza on Wednesday and fought Hamas around several hospitals, despite a UN Security Council demand for a ceasefire. Talks in Qatar towards a truce and hostage release deal involving US and Egyptian mediators have brought no result so far, with Israel and the Palestinian militant group blaming each other. READ: Israel.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024