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Another money changer gets license revoked by BSP

The Bangko Sentral ng Pilipinas (BSP) has cancelled the registration of another money changer as the regulator continues to ramp up its campaign against illegally operating money service businesses (MSBs)......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

SEC revokes license of lending firm

The Securities and Exchange Commission has revoked the certificate of authority of Wealth and Personal Development Lending Inc. to operate as a lending company......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

SEC revokes license of alleged pyramid firm

The Securities and Exchange Commission has revoked the corporate registration of an investment-taking entity employing a pyramid-like scheme......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

Manhunt on for road rage suspect

Police are looking for the driver of a sport utility vehicle (SUV) who allegedly threatened another motorist with a handgun during a traffic altercation in Quezon City on Thursday......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

LTO may resume delivery of driver’s license this month

With the expected delivery of plastic cards in the coming days, the Land Transportation Office is looking to resume the issuance of driver’s licenses this month......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

LTO declares ‘state of emergency’ on plastic driver’s license

The Land Transportation Office is under a “state of emergency” amid the shortage of plastic cards needed to print driver’s licenses......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Road reopens - Salisbury Road, Richmond

Salisbury Road in Richmond has reopened, after a fallen tree blocking the road was removed.Police thanks motorists for their patience while work was under way to clear the road.ENDS  Issued by Police Media Centre.  Source: NZ Police.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

Horohoro Road (State Highway 30) blocked by serious crash

Emergency services are responding to a serious crash on Horohoro Road (State Highway 30).The crash, involving two cars, was reported to Police at 6.50am.Two people are reported to have serious injuries.The road between Nicholson Road and Whirinaki Valley Road is currently blocked by the crash and motorists are asked to avoid the area.  ENDSIssued by Police Media Centre......»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

Serious Crash, Tomoana Road, Hastings

Police are responding to a serious crash involving a vehicle on Tomoana Road, Hastings, reported around 12:20pm.One person has been transported to hospital in a serious condition.The Serious Crash Unit has been advised.The road is closed at the intersections of Tomoana Road/Williams Street and Tomoana Road/Nelson Street, diversions are in place.Motorists are advised to follow the diversions......»»

Category: newsSource:  philippinetimesRelated NewsJan 23rd, 2024

Butuanon tricycle driver earns praises for returning P300,000 cash

BUTUAN CITY (MindaNews / 01 March) – For his honest act of returning P300,000 in cash left by a passenger, a tricycle driver is making headlines here, receiving praises from the online community and special recognition from the city government. Delfin Añora Jr., an elderly tricycle driver from Barangay Baan Riverside, handed over last February […].....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

McLaren F1 driver Lando Norris signs multi-year contract extension

WOKING, England— McLaren driver Lando Norris signed a multi-year contract extension with the Formula One team on Friday. The 24-year-old British driver’s existing contract ran until the end of 2025. The new deal secures his services alongside teammate Oscar Piastri for several more seasons in an exciting pairing. McLaren did not say how long was.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Solon ‘pinagpag’ PUV driver sa CR

Inisnab ng isang mambabatas ang PUV driver na humihingi ng tulong nang matiyempuhan ito sa comfort room. The post Solon ‘pinagpag’ PUV driver sa CR first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 6th, 2024

Cebu Daily Newscast: Taxi driver nabbed after posting video of him choking, slapping 3-year-old daughter inside cab

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, February 28, 2024. Taxi driver nabbed after posting video of him choking, slapping 3-year-old daughter inside cab A desperate taxi driver was arrested on February 26 after he went online and showed a.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

Driver-bodyguard ng suspek sa pagkawala ni Catherine Camilon, sumuko na

SUMUKO na sa Balayan, Batangas Police Office ang driver at bodyguard ng prime suspect sa pagkawala ng beauty queen na si Catherine Camilon. Base na rin sa inilabas na ulat ng TV Patrol noong Martes, January 9, sumuko na sa mga pulis si Jeffrey Magpantay na driver at bodyguard ng prime suspect sa kaso na.....»»

Category: newsSource:  inquirerRelated NewsJan 11th, 2024

3 LTO employees arrested for stealing license plates

3 LTO employees arrested for stealing license plates.....»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

PNP revokes Quiboloy’s license to own, possess firearms

PNP revokes Quiboloy’s license to own, possess firearms.....»»

Category: newsSource:  sunstarRelated NewsApr 28th, 2024

Philippine Business Bank seeks universal banking license

Yao-led Philippine Business Bank is looking at obtaining a universal banking license from the Bangko Sentral ng Pilipinas as early as this year......»»

Category: financeSource:  philstarRelated NewsApr 27th, 2024

RCBC to surrender trust license

Rizal Commercial Banking Corp. (RCBC) is looking to surrender its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024

RCBC surrenders trust license

Rizal Commercial Banking Corp. has surrendered its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024