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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......»»
Hamas arrives in Cairo for ceasefire talks with deal ‘on the table’
Washington says a ceasefire deal was already 'on the table,' approved by Israel and awaiting only a sign-off from the militants. But the warring sides give away little information on the state of any progress......»»
Tim Cone says ‘nothing definite’ as SBP searches for Gilas coach
Tim Cone admits he has been in talks with the SBP regarding the Gilas Pilipinas coaching job, but refuses to go into specifics as he leaves it to the federation to make the announcement.....»»
All talk
It seems that after all that show of the US Biden administration to support the Philippines in protecting its critical nickel resources and improving its trade relations with America early this year, the time is still not right even to just start talks on a Free Trade Agreement and a Critical Minerals Agreement......»»
Brother of slain OFW Jullebee Ranara says Kuwaiti law too lenient on killer
The appellate court in Kuwait upholds the 16-year prison sentence for the teenager who killed Ranara, a Filipino domestic worker.....»»
Pacquiao too old for Paris Games, says Olympic body
The International Olympic Committee thumbs down the Philippines’ request to include boxing legend Manny Pacquiao in its 2024 Paris Games roster.....»»
Romualdez denies House behind charter change signature drive
House Speaker Martin Romualdez says lawmakers' role is 'to facilitate and encourage democratic participation without direct involvement in signature collection'.....»»
17 killed as truck loaded with sand collides with passenger van
COTABATO CITY (MindaNews /25 March) – Seventeen persons were killed when a truck loaded with sand collided with a passenger van in Antipas, North Cotabato Monday noon. Captain Godofredo Tupas, Chief of Police of Antipas town said the collision happened along a curve at the boundary of Barangay Greenhills and Lohong at 12:48 p.m. The van […].....»»
Early Holy Week
If soul searching, repentance and making your relationship right with your Creator are things you do on Holy Week, all came early for me this year. And now, it feels like I have been given a second chance at life......»»
Lady Spikers eye early lead, collide with Lady Tams
After a show of force in the opener, reigning champion La Salle is out to pull away early from the pack when it spikes for a second straight win against Far Eastern University in the UAAP Season 86 women’s volleyball tournament......»»
South Korea’s Yoon, Meta’s Zuckerberg discuss AI, digital ecosystems
South Korean President Yoon Suk-yeol says its portfolio of smart home appliances, wearable devices, and smart cars offered a good platform for Meta's AI technology.....»»
Bouncing Back After a Spending Spree: 3 Simple Steps to Financial Recovery
We’ve all been there — a bit too carried away with the shopping spree, and suddenly, the bank account is giving you the side-eye. No judgment here. But guess what? We’ve got a quick fix for you with three straightforward moves to get your finances back in the groove. Step 1: Hang Out with Your […].....»»
‘Register early, don’t wait for deadline,’ Tongson urges new voters
‘Register early, don’t wait for deadline,’ Tongson urges new voters.....»»
DepEd 7 urges early registration for school year 2024-2025
DepEd 7 urges early registration for school year 2024-2025.....»»
Cha-Cha: Cebu coalition says no to Charter Change
CEBU CITY, Philippines – Cha-Cha or Charter Change is not what the Filipinos need at a time when necessities like rice are becoming too expensive and many are unemployed. This was the message of the newly-launched coalition called the “Cebu Citizens’ Agenda Against Cha-Cha” in reaction to the initiative on political revision. A buzz has.....»»
This Valentine’s season, beware of love scams too
Interior chief Benhur Abalos says scammers study their victims' interests and personalities, like their music taste or even sports interests, to be closer to their targets.....»»
Early retirement of coal plants to significantly cut CO2 emissions
The early retirement of coal supply agreements in the Philippines is expected to significantly reduce carbon dioxide emissions, aligning the country with the objectives of the Paris Agreement......»»
Zelenskyy says Philippines to participate in peace conference
Ukrainian President Volodymyr Zelenskyy said Monday the Philippines will take part in a peace conference hosted by Switzerland this month, and he thanked the Philippines for its support.After Philippines President Ferdinand Marcos Jr. hosted Zelenskyy for talks at the presidential palace, Zelenskyy said on X that Ukraine plans to open an embassy in Manila this year."I am grateful to the Philippines for su.....»»
Zelenskyy says Philippines to participate in peace conference
Ukrainian President Volodymyr Zelenskyy said Monday the Philippines will take part in a peace conference hosted by Switzerland this month, and he thanked the Philippines for its support.After Philippines President Ferdinand Marcos Jr. hosted Zelenskyy for talks at the presidential palace, Zelenskyy said on X that Ukraine plans to open an embassy in Manila this year."I am grateful to the Philippines for su.....»»
Alas coach De Brito keen on staying amid talks of coaching extension
‘All the players in the Philippines, there's a lot of potential,’ says coach Jorge Souza de Brito as the national volleyball program looks to extend his contract amid Alas Pilipinas’ historic run and potential podium finish in the AVC Challenge Cup.....»»