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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......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Missile system sa Northern Luzon pinalagan ng Makabayan

Nais ng tatlong kongresistang miyembro ng Makabayan bloc na mapaimbestigahan sa Kamara de Representantes ang tinanim na missile system umano ng Estados Unidos sa Northern Luzon. The post Missile system sa Northern Luzon pinalagan ng Makabayan first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 26th, 2024

Filing of complaints now easier with CARe System – DTI

The DTI introduced the DTI Consumer Complaints Assistance and Resolution System (CARe System) to the general public on 13 October 2023 held at the New World Hotel Manila......»»

Category: newsSource:  samarnewsRelated NewsMar 22nd, 2024

Cebu City eyes ‘Singapore-like’ railway system to improve transport

CEBU CITY, Philippines – A Singapore-like railway system is being eyed by the Cebu City government in a bid to improve the transport system in the city. This was after Cebu City Councilor Rey Gealon, chairman of the Traffic Management Committee (TMC), penned a resolution urging the Department of Transportation (DOTr) to conduct a study.....»»

Category: newsSource:  inquirerRelated NewsFeb 29th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Marcos calls for ‘Bagong Pilipinas’ and efficient service in governance brand kick-off rally

MANILA, Philippines — President Ferdinand Marcos Jr. on Sunday urged all government workers to work towards a “Bagong Pilipinas” (New Philippines) and deliver “responsive, efficient” service during the kick-off rally for his governance brand at Quirino Grandstand in Manila. Bongbong Marcos calls for ‘Bagong Pilipinas’ and efficient service in governance brand rally He also encouraged Filipinos.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Padre Pio songwriting competition calls for entries

Padre Pio songwriting competition calls for entries.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

Filipino bishop calls for end to gun violence

Filipino bishop calls for end to gun violence.....»»

Category: newsSource:  sunstarRelated NewsMar 10th, 2024

Commission calls for stronger measures protecting battered women

Commission calls for stronger measures protecting battered women.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

South Korea’s Yoon calls for unification

South Korea’s Yoon calls for unification.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

Cuenco calls for halt of BRT construction

Cuenco calls for halt of BRT construction.....»»

Category: newsSource:  sunstarRelated NewsFeb 23rd, 2024

Calls for release of 24-year-old Filipino journalist, rights advocates heightened

Calls for release of 24-year-old Filipino journalist, rights advocates heightened.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

DOST calls Visayas researchers for aquatic projects

DOST calls Visayas researchers for aquatic projects.....»»

Category: sportsSource:  abscbnRelated NewsFeb 10th, 2024

Infobip launches viber business calls, new solution for tech-minded entreprenuers

Infobip launches viber business calls, new solution for tech-minded entreprenuers.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

UN expert calls for abolition of NTF-ELCAC, tolerance of PH gov’t to dissent

“The whole concept of freedom of expression is to be able to say what you want even if it offends the other side. The government should encourage a greater culture of tolerance.” -- Special Rapporteur on Free Expression and Opinion Irene Khan The post UN expert calls for abolition of NTF-ELCAC, tolerance of PH gov’t to dissent appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 3rd, 2024

UK Labour’s foreign policy pitch maintains strong support for Ukraine

Labour's foreign policy chief David Lammy will reiterate Labour's desire for a new British-EU security pact.....»»

Category: newsSource:  rapplerRelated NewsJan 20th, 2024

Sandigan junks Bistek’s plea to dismiss graft rap

The Sandiganbayan has dismissed the bid of former Quezon City mayor Herbert Bautista and former administrator Aldrin Cuña to dismiss the graft case filed against them in connection with the allegedly anomalous P32-million online occupational permitting and tracking system project in 2019......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

Sandigan admits evidence vs Bautista

The Sandiganbayan has admitted all the documentary evidence presented by the Office of the Ombudsman’s prosecution team against former Quezon City mayor Herbert “Bistek” Bautista and former city administrator Aldrin Cuña in connection with the allegedly anomalous P32-million online occupational permitting and tracking system project in 2019......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

Military in North rejects CPP s calls for peace talks

The military stationed in the northern provinces rejected calls by the Communist Party of the Philippines to resume the stalled peace talks between the government and the National Democratic Front of the Philippines......»»

Category: newsSource:  philstarRelated NewsApr 9th, 2024

Earthquake summit highlights engineering solutions, stricter policy implementation

A recent earthquake summit, organized by the Office of Civil Defense, highlighted the need for enhanced coordination mechanisms, engineering solutions alongside maximum utilization of available technologies and stricter policy implementation to strengthen the country’s preparedness......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024