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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......»»
High-value target killed in shootout
CEBU CITY, Philippines — An ex-convict, also considered a high-value target in the illegal drug trade, died in a shootout between personnel from the Cebu Provincial Police Office (CPPO) conducting surveillance and casing in Sitio Kilawan, Barangay Tangke, Talisay City on Monday, March 11, 2024. Members of the Provincial Intelligence and Provincial Drug Enforcement Unit.....»»
Baguio City’s data system attacked 3M times in 2023
The Baguio City government's data system was attacked by cybercriminals at least three million times in 2023, but it survived all of them, the Management Information Technology Division of the Baguio City Mayor's Office said......»»
Dangerous move
The Court of Appeals may have cleared the way for a telecommunications company operating in the Philippines and partly owned by a Chinese state-owned enterprise to secure radio telecom frequency that can be used to enhance China’s espionage and surveillance capabilities and endanger the Filipinos’ constitutional right to privacy, according to local telco Now Telecom......»»
CHR: Red-tagging among threats to press freedom
In his keynote speech at the opening of the historic 1st Philippine Media Safety Summit, CHR Chairperson Richard Palpal-latoc said critical journalists are being subjected to red-tagging and surveillance, or are faced with the charges of libel or cyber libel. The post CHR: Red-tagging among threats to press freedom appeared first on Bulatlat......»»
WHO sounds alarm over rising measles cases in Western Pacific region
MANILA, March 1 (Xinhua) -- The World Health Organization (WHO) on Friday expressed alarm over a 255 percent increase in measles cases in 2023 from a year earlier in the Western Pacific Region due to gaps in vaccination coverage, disease surveillance, and travel of people from countries experiencing outbreaks. The UN health agency said the region recorded 5,044 cases in 2023, higher than that in 2021 and 2022 co.....»»
WHO sounds alarm over rising measles cases in Western Pacific region
MANILA, March 1 (Xinhua) -- The World Health Organization (WHO) on Friday expressed alarm over a 255 percent increase in measles cases in 2023 from a year earlier in the Western Pacific Region due to gaps in vaccination coverage, disease surveillance, and travel of people from countries experiencing outbreaks. The UN health agency said the region recorded 5,044 cases in 2023, higher than that in 2021 and 2022 co.....»»
Drilling operations for windmill project found at Masungi Georeserve
The Masungi foundation, using drone surveillance, uncovers the ongoing activities for the building of 12 wind turbines inside the conservation area.....»»
Spyware Targets Human Rights Watch Staff in Jordan
(Amman) - Two Human Rights Watch staff members based in Jordan have been repeatedly targeted with advanced surveillance spyware, Human Rights Watch said today. The targeting, which violates their right to privacy, began in October 2022 and succeeded briefly in infecting one of their mobile phones.The same spyware was also used to target the devices of at least 33 Jordanian and Jordan-based journalists, act.....»»
STATEMENT | Bulatlat reminds Philippine military of culpability in cyber-attacks and misinformation
Bulatlat maintains that these so-called “cyber security” efforts could mean online surveillance, distributed denial of service (DDOS) attacks, “fake news” and other forms of attacks aimed to suppress freedom of the press and of expression, as well as the people’s right to information. This issue was brought to the attention of the UN Special Rapporteur on the Promotion and Protection of the Right to Freedom of Opinion and Expression Irene Khan who will hold her official country visit next week. The post STATEMENT | Bulatlat reminds Philippine military of culpability in cyber-attacks and misinformation appeared first on Bulatlat......»»
USAID to launch $30 million initiative to boost higher education in Philippines
The US Agency for International Development is set to launch this year a $30-million initiative to help strengthen the country’s higher education system, according to the National Economic and Development Authority......»»
VP Sara ready to face ICC charges only before a Filipino court
Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»
Disney+ Loses 1.3 Million Subscribers After Price Hike
Disney+ has seen a decline in its subscriber base by 1.3 million following a price increase implemented in the final quarter of 2023 while being able to mitigate losses by a noteworthy $300 million. During the Q1 FY24 Earnings Call, Disney revealed that Disney+ witnessed a drop from 112.6 million subscribers on September 30, 2023, […].....»»
Cebu topnotcher shares secret to success: Strong support system of family, friends
CEBU CITY, Philippines — A good support system of family and friends is Elijah Cabase’s secret to his placing 5th in the March 2024 Medical Technologists Licensure Examinations (MTLE). This 23-year-old University of Cebu-Banilad alumnus said that he was not even expecting to pass because he described himself as a confessed procrastinator — or one.....»»
An efficient maritime transport system is key to sustainable economic growth
As an archipelago composed of more than 7,000 islands, the Philippines carries the characteristic of heavily relying on the maritime transport system to move people and goods......»»
Remulla confirms Teves on Interpol red notice, target of global manhunt
MANILA, Philippines – Former Negros Oriental Rep. Arnolfo “Arnie” Teves Jr. is currently the target of an international manhunt following his inclusion in the red notice system of the International Criminal Police Organization (INTERPOL), Justice Secretary Jesus Crispin Remulla confirmed on Wednesday. Remulla said that Teves is already included in Interpol’s Red Notice System. An.....»»
175 power projects cleared for system impact studies
A total of 175 power generation projects have been cleared by the Department of Energy to conduct system impact studies with the National Grid Corp. of the Philippines in 2023......»»
$247 million hot money exits Philippines in 2023
A total of $247.3 million worth of speculative funds exited the Philippines last year, reversing the $886.7 million net inflow recorded in 2022, according to the Bangko Sentral ng Pilipinas......»»
Retirement Benefit Remains the Most Availed SSS benefit reaching P156.7 B in 2023
The Social Security System (SSS) said it released P156.7 billion in retirement benefits to 2.2 million members in 2023 making it the most availed SSS benefit last year. SSS Vice President for Benefits Administration Division Joy A. Villacorta said that of the 4.7 million benefits disbursed to pensioners, members, and their beneficiaries in 2023, nearly […].....»»
GSIS earmarks P44 million for emergency loans
State-run pension fund Government Service Insurance System has allocated P44 million in emergency loans to members and pensioners affected by the heavy rainfall in Camarines Norte......»»