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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......»»
Tsunami warning raised for 4 northern Luzon areas following Taiwan quake
The Philippine Institute of Volcanology and Seismology has raised a tsunami warning over four areas in northern Luzon after a powerful earthquake rattled Taiwan early Wednesday morning......»»
Tsunami warning cancelled after Taiwan earthquake
The tsunami warning issued for several coastal provinces in the Philippines has been cancelled following a strong earthquake that struck Taiwan on Wednesday......»»
China to ‘resolutely fight back’ if provoked on Taiwan
Denounced in the Philippines for her rebuke of President Marcos over the Taiwan issue, Chinese ministry of foreign affairs spokesperson Mao Ning has lashed back at Defense Secretary Gilbert Teodoro Jr., saying China is ready to “resolutely fight back” if provoked......»»
DFA says PH committed to ‘One China policy’ after Marcos congratulates Taiwan’s president-elect
In a statement, the DFA said the message of Marcos was “his way of thanking” Taiwan for hosting nearly 200,000 overseas Filipino workers and conducting a “successful democratic process.” .....»»
Taiwan voters rebuff China and give ruling party third presidential term
(2nd UPDATE) 'We've written a new page for Taiwan's history of democracy,' Lai Ching-te Lai says.....»»
EAM Jaishankar discusses security, maritime cooperation with his Philippine counterpart in Manila
Manila [Philippines], March 26 (ANI): External Affairs Minister S Jaishankar, who is on an official visit to Manila, held a 'warm and productive' meeting with Philippines Secretary for Foreign Affairs, Enrique Manalo on Tuesday and discussed wide-ranging issues of security and maritime cooperation. During the meeting, both leaders exchanged views on global, regional, and multilateral issues, including Indo-Pacific, ASEAN,.....»»
When it comes to access to medicines, no one should be left behind
For millions of people around the world, the full enjoyment of the right to health remains an elusive goal, partly because medical care — in the event of sickness, prevention and treatment — depends largely on timely and appropriate access to quality medicines......»»
MECO aids Pinoys in Taiwan
Filipinos affected by the strong quake in Taiwan last week will get financial and other assistance from the Manila Economic and Cultural Office......»»
4th OFW reported injured in Taiwan earthquake
There are now four overseas Filipino workers reported hurt in the 7.2 magnitude quake that hit Taiwan Wednesday, the Department of Migrant Workers said......»»
3 Filipinos injured in Taiwan quake
The Department of Migrant Workers reported that three Filipinos sustained minor injuries following the powerful magnitude 7.2 earthquake that struck Taiwan......»»
Way Pinoy nga naangol atol sa linog sa Taiwan
Way Pinoy nga naangol atol sa linog sa Taiwan.....»»
9 dead, 50 missing in Taiwan’s strongest earthquake in 25 years
TAIPEI — Taiwan’s biggest earthquake in at least 25 years killed nine people on Wednesday, injuring more than 800, while 50 went missing en route to a national park, authorities said, as rescuers used ladders to bring others to safety. Television broadcast images of buildings tilted at precarious angles in the mountainous, sparsely populated eastern.....»»
Taiwan thanks world, PLA shows simulated attacks in new year’s messages
China's People's Liberation Army puts out a new year's music video called 'You Only Win by Coming Home' and sung partially in Hokkien, widely spoken in Taiwan as well as the Chinese province of Fujian.....»»
Taiwan thanks world; PLA shows simulated attacks in new year’s messages
China's People's Liberation Army puts out a new year's music video called 'You Only Win by Coming Home' and sung partially in Hokkien, widely spoken in Taiwan as well as the Chinese province of Fujian.....»»
Pinoys in Taiwan to learn organic farming
Filipinos in Taiwan will soon undergo free training in organic farming, the Manila Economic and Cultural Office said over the weekend......»»
Marcos defends tweet that angered China, says PH not endorsing Taiwan independence
'Noong naging presidente ako, binati ako. So what do you do? It’s just common courtesy that you do the same to them,' President Ferdinand Marcos Jr. says of his tweet congratulating Taiwan's new president.....»»
Will China now play a long or short game against Taiwan?
Beijing [China], January 23 (ANI): Following the Taiwanese people's refusal to buckle to Chinese coercion in the January 13 elections, voting back into power the incumbent Democratic People's Party (DPP) with its new leader Lai Ching-te, opinion varies as to what Beijing's next course of action will be. Will China make a precipitative military move against Taiwan, or will it continue its policy of incessant coercion? Chin.....»»
Will China now play a long or short game against Taiwan?
Beijing [China], January 23 (ANI): Following the Taiwanese people's refusal to buckle to Chinese coercion in the January 13 elections, voting back into power the incumbent Democratic People's Party (DPP) with its new leader Lai Ching-te, opinion varies as to what Beijing's next course of action will be. Will China make a precipitative military move against Taiwan, or will it continue its policy of incessant coercion? Chin.....»»
China tells Philippines not to play with fire
Manila has stirred Beijing's anger with its remarks on the election in Taiwan The Chinese Foreign Ministry has rebuked Philippines President Ferdinand Marcos Jr. after he congratulated Taiwan on the election of Lai Ching-te as the new leader of the self-governed island, saying his comments "gravely violate the One.....»»