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More groups to establish Islamic banks in Philippines
More groups are looking at establishing Islamic banks in the Philippines as the first branch of the new banking classification is expected to open soon, according to the Bangko Sentral ng Pilipinas......»»
BSP pursues reforms to modernize banks
The Bangko Sentral ng Pilipinas is pursuing policy reforms to modernize Philippine banks and ensure a sustainable, digital and inclusive banking future......»»
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......»»
Swift passage of anti-piracy bills urged
An advocacy group is appealing to the government to expedite the passage of anti-online piracy bills due to the reported economic losses and crimes that piracy brings......»»
DAR N. Samar capacitates personnel to expedite SPLIT project
The Department of Agrarian Reform (DAR) conducted an orientation to capacitate personnel working for the Support to Parcelization of Lands for Individual Titling (SPLIT) project......»»
Approval of anti-online piracy bills sought
A citizens’ rights group has renewed its calls for the Senate to expedite the passage of anti-online piracy bills, saying that each day of delay translates into significant tangible and intangible losses for the creatives industry while scammers get richer with each victim......»»
Marcos forms body to expedite railway projects
President Marcos has formed an inter-agency body aimed at accelerating the government’s railway projects, including efficiently resolving right-of-way issues......»»
CSPA: When not to expedite
My employer recently agreed to petition me for a green card......»»
DENR, DPWH to expedite Mindanao resilient infrastructure programs
Mindanao-wide resilient infrastructure programs will be expedited amid recent disasters in the region, according to the Department of Environment and Natural Resources......»»
Davao Oriental under state of calamity
The entire province of Davao Oriental has been declared under a state of calamity following the impact of the shear line, allowing the provincial local government unit to access its Quick Response Fund for rehabilitation efforts. The unanimous resolution was approved during a regular session in Sangguniang Panlalawigan, based on comprehensive assessment and recommendation from the Provincial Disaster Risk Reduction and Management Council and Governor Niño Uy. This declaration is crucial for providing emergency aid to the affected constituents and enforcing price control on essential items. Rapid Disaster Assessment and Needs Assessment reports indicate that around 63,337 families are affected, with 645 families and 1,830 individuals currently displaced and in evacuation centers. The damages in agriculture, fisheries, and livestock are estimated to be significant. Several municipalities have already declared a state of calamity, and the entire province is yet to announce its final assessment on the value loss in agriculture. This declaration aims to expedite rehabilitation and recovery plans to restore normalcy in the affected areas......»»
China urges Philippines to settle maritime differences through negotiation
BEIJING, May 16 (Xinhua) -- China urges the Philippines to face the facts, honor its word, stop infringement and provocations at once and return to the right track of properly settling maritime differences through negotiation and consultation, Chinese foreign ministry spokesperson Wang Wenbin said on Thursday. Wang said that China has made its position clearly regarding the comments of Philippine senior official.....»»
DCPO urges city gov to file raps vs condo
THE Davao City Police Office (DCPO) urges the city government to file charges against a condominium where a couple was murdered on April 21, 2024, due to the absence of CCTVs inside the establishment......»»
PSA urges Negrense consumers to prioritize basic household needs
PSA urges Negrense consumers to prioritize basic household needs.....»»
Our Blessed Mother urges faithful to use sacramentals
Our Blessed Mother urges faithful to use sacramentals.....»»
Bishop urges action to foster peace amid unrest in Negros Island
Bishop urges action to foster peace amid unrest in Negros Island.....»»
DTI Cebu chief urges safety in buying cooling appliances
DTI Cebu chief urges safety in buying cooling appliances.....»»
‘ENSURE POWER STABILITY’ | Lacson urges more renewable power investors
‘ENSURE POWER STABILITY’ | Lacson urges more renewable power investors.....»»
China urges Philippines to stop provocations in South China Sea
BEIJING, April 1 (Xinhua) -- China urges the Philippines to immediately stop violating China's sovereignty and its provocations on Ren'ai Jiao, and return to observing the spirit of the Declaration on the Conduct of Parties in the South China Sea (DOC), Chinese foreign ministry spokesperson Wang Wenbin said on Monday. Wang made the remarks when asked to comment on a statement made by the Philippine department of.....»»
Talisay traffic chief urges caution in online vehicle purchases after stolen motorbike incident
Talisay traffic chief urges caution in online vehicle purchases after stolen motorbike incident.....»»
China urges ROK to stay prudent on South China Sea issue: Chinese FM
BEIJING, March 28 (Xinhua) -- China urges the Republic of Korea (ROK) to stay prudent when it comes to the South China Sea issue, Chinese foreign ministry spokesperson Lin Jian said on Thursday. Lin made the remarks at a regular press briefing when responding to a media query about ROK Foreign Ministry Spokesperson's biased and unfactual comments on the South China Sea issue over the past few days. "China.....»»