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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......»»
Boljoon fisherman dragged into deeper water by Pugapo drowns
CEBU CITY, Philippines — A fisherman, who went spearfishing drowned after he was dragged by a grouper locally known as Pugapo deeper into the sea. This was after he hit the fish and got entangled with the line connected to the spear in Boljoon town in southern Cebu on Wednesday evening, February 14. Boljoon Police.....»»
ERC suspends reserve market settlement
The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»
Israel plans to build 3,300 new settlement homes; says it s a response to a Palestinian attack
Israel plans to build 3,300 new settlement homes; says it s a response to a Palestinian attack.....»»
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 […].....»»
19-year-old killed in collision with counterflowing black taxi in Liloan
CEBU CITY, Philippines – A 19-year-old motorcycle driver died while his passenger remains confined in a hospital in a bloody collision with a counterflowing black taxi in Liloan town at dawn on Sunday, March 3. The victim was identified as Chris John Barro Fontanoza, who is from the neighboring town of Consolacion. The backriding passenger,.....»»
Motorcycle rider dies after colliding with passenger bus in Borbon town
Motorcycle rider dies after colliding with passenger bus in Borbon town.....»»
El Niño damage in NegOcc reaches P214M
El Niño damage in NegOcc reaches P214M.....»»
El Niño damage to livestock in Negros Occidental reaches P10M
El Niño damage to livestock in Negros Occidental reaches P10M.....»»
Damage to crops in NegOcc due to El Niño reaches P184.7M
Damage to crops in NegOcc due to El Niño reaches P184.7M.....»»
Barmm measles vax drive reaches nearly 1M
Barmm measles vax drive reaches nearly 1M.....»»
Stephen Curry reaches 300 3-pointers for record fifth time, Warriors beat Grizzlies 137-116
Stephen Curry reaches 300 3-pointers for record fifth time, Warriors beat Grizzlies 137-116.....»»
NO STATE OF CALAMITY DECLARATION | Crop damage in WV due to El Niño reaches over P761M
NO STATE OF CALAMITY DECLARATION | Crop damage in WV due to El Niño reaches over P761M.....»»
AREA ASSESSMENT | DA conducts survey for cloud seeding as dry spell damage in NegOcc reaches P77.7M
AREA ASSESSMENT | DA conducts survey for cloud seeding as dry spell damage in NegOcc reaches P77.7M.....»»
P25/kilo rice reaches more households in NegOcc
P25/kilo rice reaches more households in NegOcc.....»»
Death toll from Chile’s wildfires reaches 131
Death toll from Chile’s wildfires reaches 131.....»»
Japan’s moon probe back to work after sun reaches its solar panels
Japan’s moon probe back to work after sun reaches its solar panels.....»»
Israel-Hamas war reaches 100-day mark
Israel-Hamas war reaches 100-day mark.....»»
Gold watch of richest Titanic passenger sells for $1.46M
LONDON — A gold watch found on the body of the richest passenger on the Titanic was auctioned in England for £1.17 million ($1.46 million) on Saturday. It was a record sum for an object linked to the notorious 1912 shipping disaster, said auctioneers Henry Aldridge & Son. A US buyer won the bidding war,.....»»
Cebu Daily Newscast: SRP viaduct accident: Hailing app driver, passenger die after motorcycle slams into center island
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday April 10, 2024. SRP viaduct accident: Hailing app driver, passenger die after motorcycle slams into center island Two motorists died in a road mishap along the viaduct of the South Road Properties (SRP),.....»»