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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)......»»
Valentine’s Day tips for talking about money as a couple
NEW YORK (AP) — Money might not be the most romantic topic for Valentine’s Day, but talking about finances with your significant other is a key element of a healthy relationship. Money problems are one of the most common reasons couples separate, said Emily Simonian, head of clinical learning at Thriveworks, a mental health company......»»
TikTok’s ‘Loud Budgeting’ Trend Strikes a Chord in Savings Culture
A new viral TikTok trend might help you save money amidst inflation. #loudbudgeting is currently trending on social media, with nearly 10 million views and growing. So, what exactly is ‘loud budgeting,’ and how do you embrace this trending financial approach? According to a TikToker named Battle, it’s a radical shift in mindset when it […].....»»
Palace declares Eid’l Fitr on April 10 Holiday
CEBU CITY, Philippines – Another long weekend is up on the horizon. This after the Malacañan issued Proclamation 514 declaring April 10, Wednesday as a regular holiday in observance of Eid’l Fitr or Feast of Ramadhan. READ MORE: LIST: Philippine holidays in 2024 Before the Feast of Ramadhan, Filipinos will also be observing another regular.....»»
NGCP, ECCP sign deal to advance renewable energy development
In a landmark move toward fostering innovation and sustainability in the energy landscape of the country, the National Grid Corp. of the Philippines and the European Chamber of Commerce of the Philippines have inked an agreement to formalize their commitment to mutually advocate the utilization of renewable energy resources in the Philippines to increase the country’s power supply and energy generation......»»
NEWS BRIEFS | 27 February 2024
Energy exploration in BARMM opened for bidding The Department of Energy has opened four areas in the Bangsamoro Autonomous Region in Muslim Mindanao for exploration, development, and production of indigenous energy sources. Energy Undersecretary Alessandro Sales said coal exploration marked as “PDA-BC-1” covering 14,856 hectares in Kapai and Tagoloan towns in Lanao del Sur is […].....»»
Basic Energy, Renova sign MOU for construction of 50MW Mabini Wind Energy Project
I reported last week on Basic Energy and its progress toward signing a memorandum of understanding with Renova Inc. to set the framework for signing an eventual Joint Development and Shareholders Agreement for the construction of the 50MW Mabini Wind Energy Project......»»
Basic Energy signs MOU for joint development of 50MW Batangas wind project
Basic Energy announced that its board authorized the signing of a memorandum of understanding with Renova Inc., a Japanese renewable energy company, to set the framework toward signing a definitive Joint Development Shareholders’ Agreement for the 50 megawatt Mabini Wind Energy Project......»»
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......»»
Palisada: Christmas made in China and other holiday trash
Palisada: Christmas made in China and other holiday trash.....»»
Employers urged to comply with holiday pay rules ahead of Araw ng Kagitingan, Eid’l Fitr
The attached agency of the Department of Labor and Employment sent a reminder to employers about holiday pay regulations ahead of the upcoming Araw ng Kagitingan and Eid'l Fitr......»»
FACT CHECK | South Cotabato did not declare March 11 a Muslim legal holiday
MindaNews fact-checked a memorandum circulating on Facebook and in Messenger group chats that South Cotabato Gov. Reynaldo Tamayo Jr. has declared March 11 a holiday in the province for the observance of Lailatul Isra wal Mi’raj. The memorandum is fake, Tamayo’s office notified the public. The provincial government of South Cotabato has not declared Monday, […].....»»
Marcos declares April 10 a regular holiday in view of Eid’l Fitr
MANILA, Philippines — The Palace declared Eid’l Fitr, or the Feast of Ramadhan, on Wednesday next week (April 10) a holiday. The Palace released to the media Proclamation No. 514 that contained the declaration. “Now, therefore, I, Ferdinand R. Marcos Jr., President of the Philippines, by virtue of the powers vested in me by law,.....»»
Malacañang declares April 10 a regular holiday for Eid al-Fitr
Malacañang declares April 10 a regular holiday for Eid al-Fitr.....»»
April 10 a holiday for Eid’l Fitr
President Marcos has declared April 10 a regular holiday throughout the country in observance of the Muslim religious event Eidul Fitr or Eid’l Fitr......»»
Paglilinaw ng Malacañang: Hindi ‘holiday’ ang March 11
ISA nanamang “fake news” ang kumakalat na binigyang-linaw ng Palasyo kamakailan lang. Ayon sa inilabas na Official Gazette, hindi “holiday” ang darating na Lunes, March 11. Ibig sabihin, may pasok pa rin sa araw na ‘yan. May kumakalat kasi sa na balita online na walang pasok daw ang nasabing petsa bilang pagdiriwang umano ng Muslim.....»»
March 11 not a holiday – Palace
Malacañang has clarified that Monday, March 11, is not a holiday......»»
100-K motorists join MPTC holiday promo
100-K motorists join MPTC holiday promo.....»»
Marso 8 gideklarang special non-working holiday sa DavOro
Marso 8 gideklarang special non-working holiday sa DavOro.....»»
March 1 a holiday in Muntinlupa
In celebration of its 29th cityhood anniversary, March 1 has been declared as a special non-working holiday in Muntinlupa City......»»