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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......»»
Manny Pacquiao’s bid to compete at Paris Olympics denied by IOC
MANILA, Philippines–Boxing icon Manny Pacquiao has the gift of electrifying the crowd in all of his fights, except in the Olympics. The International Olympic Committee shut the door on the former eight-division world professional champion’s bid to carry the Philippine colors in the coming 2024 Paris Olympics. In response to a letter from the Philippine.....»»
SC junks petition challenging legality of POGOs
The Supreme Court has junked a petition challenging the legality of the rules on Philippine offshore gaming operators or POGOs for violating the doctrine of hierarchy of courts and failing to meet the requirements for judicial review......»»
Ayala cooperative taps STAR to promote media literacy
In a bid to enhance media literacy and help expose the youth to truthful, credible news, Ayala Multi-Purpose Cooperative (Ayala Coop) and The Philippine STAR recently joined forces to implement the READISCOVER program in three pilot schools across the country......»»
BIR files rap vs accountancy firm tagged in P200-M worth of fake receipts
The Bureau of Internal Revenue (BIR) filed criminal charges against corporate officers and an accountant of a trading company for using more than P200 M worth of fake receipts......»»
BINI, Flow G to collaborate; BINI, SB19 next?
P-pop girl group BINI and rap sensation Flow G are set to collaborate for an upcoming Puregold campaign. .....»»
Teacher who faked being a doctor to face usurpation rap in Dalaguete
CEBU CITY, Philippines —A 50-year-old licensed teacher, who is a native of Zamboanga City, will be facing a criminal charge after he was caught lying about being a professional doctor by authorities in Barangay Poblacion, Dalaguete town, southern Cebu. The ‘fake doctor,’ identified as Antonio Jabonillo Alpechi alias ‘Yang,’ 50, a licensed professional teacher, was.....»»
Sandigan affirms Benguet ex-cashier’s 89-year sentence
The Sandiganbayan has affirmed the conviction of a former cashier of the Benguet provincial government for multiple counts of malversation of public funds over a cash shortage amounting to P4.08 million......»»
Comelec registration hits 1 million new voters in less than a month
The Commission on Elections (Comelec) said there are more than a million registration applicants, barely a month after the registration period started on Feb. 12. Comelec Chair George Erwin Garcia said on Saturday as of March 6, a total of 1,027,572 applications were processed nationwide in Comelec offices, satellite centers and “Register Anywhere Program” (RAP).....»»
Sandigan affirms dismissal of forfeiture vs 3 coco levy firms
The Sandiganbayan has affirmed the finality of the dismissal of a forfeiture case against three of the firms created out of the Coconut Industry Investment Fund, also known as the coco levy funds, during martial law......»»
Sandigan admits evidence vs Bautista
The Sandiganbayan has admitted all the documentary evidence presented by the Office of the Ombudsman’s prosecution team against former Quezon City mayor Herbert “Bistek” Bautista and former city administrator Aldrin Cuña in connection with the allegedly anomalous P32-million online occupational permitting and tracking system project in 2019......»»
Alex feel na feel ang pagiging ‘Skusta Gee’, reaksyon ni Mikee laughtrip
BENTANG-BENTA sa maraming netizens ang latest social media post ng actress-vlogger na si Alex Gonzaga. Paano ba naman kasi, laughtrip ang naging reaksyon ng kanyang mister na si Mikee Morada nang mahuling nagra-rap si Alex sa loob ng CR. Sa Instagram, ibinandera ng aktres ang kanyang kwelang video ng pag aala-“Skusta Gee.” Feel na feel.....»»
Gloc-9 brings Pinoy rap and reggae to Australia
Filipinos are figuratively and literally everywhere. They leave the country to seek greener pastures and adapt well to the new host country, but their connection to their culture remains intact......»»
Sandigan upholds sentence for Nabcor execs in ‘pork’ scam
The Sandiganbayan has upheld the conviction of three officials of abolished state firm National Agribusiness Corp. (NABCOR) in connection with the pork barrel scam......»»
Ever Bilena faces P9.3 million tax rap
The Bureau of Internal Revenue has filed a criminal complaint against popular cosmetic brand Ever Bilena for nearly P10 million in alleged tax deficiencies......»»
Gloc-9, other rappers to rock Australia this March
Original Pilipino Music (OPM) rap icon Gloc-9, together with reggae band Chocolate Factory, is set to rock Australia this March......»»
Boys Over Flowers star Oguri Shun, Han Hyo Joo to star in romantic series — reports
Korean actress Han Hyo-joo is reportedly going to star with Japanese star Oguri Shun in a romantic comedy series......»»
Youth groups in Southern Tagalog oppose reso urging military-led ‘national security awareness’ bid in schools
By JACINTO LINGATONG Bulatlat.com SANTA CRUZ, Laguna — Youth groups in Southern Tagalog have strongly opposed the proposed resolution of the 202nd Infantry Brigade, Philippine Army and CALABARZON Regional Task Force to End Local Communist Armed Conflict (RTF ELCAC) urging the Department of Education (DepEd) Region IV-A, Commission on Higher Education (CHED) Region IV-A, Technical… The post Youth groups in Southern Tagalog oppose reso urging military-led ‘national security awareness’ bid in schools appeared first on Bulatlat......»»
CEU gets back at PCU, boosts bid for UCAL semis bonus
Centro Escolar University exacted sweet revenge over Philippine Christian University-Dasmarinas, 62-53, and boosted its bid for a twice-to-beat advantage in the quarters of the Universities and Colleges Athletic League-PG Flex Linoleum Season 6 held Thursday at the Paco Arena in San Juan......»»
Ex-solons dismiss PDEA leaks
Former and incumbent lawmakers and Philippine Drug Enforcement Agency officials branded as false an allegedly leaked document from the agency following a series of Senate hearings on the matter......»»