Category: update

4 August 2020BSP UPDATES LIST OF PPMI MEMBERS THAT WAIVED FEES FOR PESONET AND INSTAPAY TRANSACTIONS In response to the Bangko Sentral ng Pilipinas’ (BSP) call to strengthen the use of digital payments to help curb physical payment transactions amid the COVID-19 pandemic, the members of the Philippine Payments Management,[…]

3 August 2020 Total Remittances in Jan-May 2020 Reach US$12.8 Billion, Down By 6.4% Compared 2019’s US$13.7 Billion Personal remittances from overseas Filipinos (OFs) amounted to US$2.341 billion in May 2020, 19.2 percent lower than the US$2.896 billion recorded in May 2019. This is the third consecutive month that personal[…]

REP. BERNADETTE “BH” HERRERA Bagong Henerasyon Party-list Secretary-General, The Party-list Coalition Foundation, Inc. Deputy Majority Leader | Governor, Rotary Philippines RID3780 One of House Authors, (RA 11469) Bayanihan to Heal As One Act 0917-729-2437 Twitter: @BHherrerady METRO MANILA ECQ DOABLE FOR CLUSTERS OF BARANGAYS, CITY BLOCKS To respond to the[…]

REP. BERNADETTE “BH” HERRERA Bagong Henerasyon Party-list Secretary-General, The Party-list Coalition Foundation, Inc. Deputy Majority Leader | Governor, Rotary Philippines RID3780 One of House Authors, (RA 11469) Bayanihan to Heal As One Act 0917-729-2437 Twitter: @BHherrerady MWSS-REGULATORY OFFICE ACTION ON OVER 400 WATER CONSUMER COMPLAINTS ‘EXCRUCIATINGLY SLOW’ The show cause[…]

30 July 2020 BSP-registered foreign portfolio investments yield net outflows in June BSP-registered foreign portfolio investments[1] for June 2020 yielded net outflows of US$235 million resulting from the US$1.3 billion gross outflows and US$1.0 billion gross inflows for the month. This is smaller than the recorded net outflows of US$1.0[…]

OMNIBUS NEWS RELEASE LAWMAKERS PRESENT SOLUTIONS TO POOR TELECOMS SERVICES · Rep. Natasha Co wants old NTC laws abolished and replaced · Rep. Tutor suggests transparent, standardized LGU rates on common towers · Rep. Siao bats for updated telecoms professions standards "My suspicion is, telecoms and broadcast firms are able[…]

28 July 2020 PRESIDENT DUTERTE APPOINTS TWO MONETARY BOARD MEMBERS President Rodrigo R. Duterte has named V. Bruce J. Tolentino and Anita Linda R. Aquino as full-time private sector representatives to the seven-member Monetary Board (MB), the highest policy making-body of the Bangko Sentral ng Pilipinas (BSP). Mr. Tolentino, who[…]

28 July 2020 BSP Approves SBL Relief on Debt Securities Held by Market Makers The Monetary Board (MB) approved the exclusion of debt securities acquired as a result of market making activities of BSP Supervised financial institutions (BSFI) from the Single Borrowers Limit (SBL) for 90 and 60 calendar days[…]

REP. FREDERICK W. SIAO Lone District of Iligan City Chair, Committee on Civil Service & Professional Regulation http://www.freddiesiao.com/ Twitter: @freddiesiao SONA QUICK REAX PANEL CHAIRMAN FAVORS UP TO 5 YEARS SUSPENSION OF CPD SEMINARS, ENHANCED REGULATION OF TELECOMS, UTILITIES, AND LGU LEAD ROLE IN COMPASSION FOR RENTERS As Chairman of[…]

REP. ANGELICA NATASHA CO BHW Party-list | Member for the Minority, Health, Economic Affairs, and 12 other Committees Author, Barangay Health and Wellness Reform Act (House Bill 3985) One of House authors, Crushing COVID-19 Act (House Bill 6865) 09177292437 | https://www.facebook.com/BHWPhilippinesOfficial/ State of the Nation Address 2020 NEW COMPREHENSIVE TELECOMMUNICATIONS[…]