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GCash’s new feature shows carbon reduced by doing digital transactions
Finance app and cashless ecosystem GCash has announced its newest update, Green Transaction Alerts, which allows users to see the grams of carbon they reduced by digitally sending money and doing bank transfers......»»
Philippines foreign investments yield net outflows in March
MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»
LTO-7 opens new licensing office in Brgy. Talamban
CEBU CITY, Philippines — The Land Transportation Office in Central Visayas (LTO-7) has found a new place that they could call home for now. On Tuesday, April 23, LTO-7 formally opened its new licensing office at Piazza Elesia along Gov. M. Cuenco Ave. in Brgy. Talamban in Cebu City. Public transactions will now be accommodated.....»»
OCD warns: Do not transact with brokers, fixers
The Office of Civil Defense (OCD) cautioned the public against some groups and individuals who are using the name of the agency and its officers for government transactions......»»
BPI Customers Experience Transaction Delays Due to High Weekend Activity
Bank of the Philippine Islands (BPI) customers faced delays in essential banking services due to a surge in weekend transactions, primarily tax payments, today, April 16, 2024. In a Facebook post, BPI said that their services which include ATM withdrawals, CAM deposits, Debit Card purchases, BPI app, BPI online, and the use of BPI online […].....»»
Consumer complaints rise in 2023 – DTI
Online transactions continued to dominate the complaints lodged by consumers at the Department of Trade and Industry last year......»»
DTI eyes completion of ITA IRR by March 19
The Department of Trade and Industry (DTI) is hoping to complete the implementing rules and regulations (IRR) of the Internet Transactions Act (ITA) by March 19, according to an official of the agency......»»
Russia s trade with key BRICS partners now almost dollar-free
95% of the country's transactions with India and China were conducted in local currencies last year National currencies were used in 95% of Russia's trade with China and India last year, the secretary general of the International Chamber of Commerce (ICC), Tatiana Monaghan, revealed on Monday. According.....»»
Office space take-up reaches nearly 300,000 sqm in 2023
Metro Manila office space net absorption more than doubled to 297,800 square meters (sqm) in 2023, driven by continued transactions mostly from traditional firms......»»
BSP to further relax forex rules
The Bangko Sentral ng Pilipinas may further relax its rules and regulations governing foreign exchange transactions in a bid to attract more foreign investments into the country......»»
Transactions in coin deposit machines near P400 million
More and more Filipinos are using the coin deposit machines deployed by the Bangko Sentral ng Pilipinas in major malls across the metropolis as part of its coin recirculation program......»»
Paleng-QR Philippines launched in Quezon City public market
Quezon City Mayor Joy Belmonte yesterday led the launch of the Paleng-QR Ph Plus program that will enable cashless transactions at the Project 4 public market. .....»»
From free InstaPay transfers to personalized banking: New Metrobank App is making online banking easier
The Metrobank App brings convenient banking at your fingertips by making transactions simple with just a few taps, ensuring that your money is safe with enhanced security, and anticipating your needs with smart features......»»
From free InstaPay transfers to personalized banking: New Metrobank App is making online banking easier
The Metrobank App brings convenient banking at your fingertips by making transactions simple with just a few taps, ensuring that your money is safe with enhanced security, and anticipating your needs with smart features......»»
BSP onboards OmniPay as 1st non-bank in settlement platform
The Bangko Sentral ng Pilipinas has onboarded OmniPay Inc. in the roster of financial institutions that settle high value transactions safely and instantly through the central bank-owned and operated national payment system......»»
Eight Tips for Choosing a Domain Name for Your Small Business
Choosing a domain name for a small business requires careful consideration, as it is often the first thing people see about your business. The domain name of a business is often considered a piece of real estate on the internet, or your business home on the web. It is core to the digital presence of […].....»»
Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023
The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»
10th ID bashes Canadian gov’t for travel advisory vs Mindanao
The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»
Keeping Your Air Fryer Sparkling Clean: Essential Tips and Tricks for Mastering Maintenance
Cooking has been transformed by air fryers, which provide a healthier substitute for conventional frying techniques. These multipurpose machines are a favorite among foodies and.....»»
Kaspersky Shares Cybersecurity Tips for a Peaceful Getaway during the holy week
As the holiday season approaches, the urge to unwind and kick back is natural. And it’s all too common for people to let their guard down completely when connecting to the Internet too– but shouldn’t. Recently, the Philippine National Police (PNP) Anti-Cybercrime Group shared its findings on identity theft cases in the country. Between November […].....»»