Wednesday, 22 November 2017
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New OFB Bank to cover all Overseas Filipinos

Finance Secretary Carlos Dominguez III has welcomed Malacanang’s approval of the acquisition by the Land Bank of the Philippines of the Philippine Postal Savings Bank (PPSB), which, he said, will pave the way for a financial institution that will cater not only to the country’s migrant workers, but to other overseas-based Filipinos as well.

Singapore's Fintech Dive now delves for Proof beyond Concept

The partnership between Singapore and Hong Kong to build a blockchain-powered trade network may set the standard for other jurisdictions to follow in financial technology.

Juvenile Council helps Child Offenders through Art

MANILA, Nov 20 (PNA) - The Juvenile Justice Welfare Council (JJWC) kicked off its 6th JJWC Week on Sunday through an on-the-spot poster painting contest emphasizing the importance of promoting restorative justice and giving youth offenders who have gone astray a "second chance" to correct their mistakes.

Far-reaching Bill for Cyber Security 'Not uncommon'

The far-reaching Bill to beef up cyber security is justifiable in the light of the potential damage from state-sponsored cyber espionage, says experts.  

Self-Regulation, Digital Literacy, Best Ways to counter Fake News

MANILA, Nov 18 (PNA) - Self-regulation and digital literacy are the best antidotes to fake news, according to advocates of freedom of expression in Southeast Asia.

Sereno Camp insists on CJ's Right to Counsel

MANILA  Nov 17 (PNA) - The camp of Chief Justice Maria Lourdes Sereno on Friday insisted anew that she has the right to have counsel and to cross-examine the witness during the impeachment proceedings against her before the Congress.

President Jokowi urges Novanto to follow Legal Process

Jakarta Nov 18 (ANTARA News) - President Joko Widodo (Jokowi) has called on House Speaker Setya Novanto to be willing to follow every legal process initiated by the Corruption Eradication Commission (KPK).

IPOPHL MOU on Intellectual Property with the Russian Federation

President Rodrigo Roa Duterte and Prime Minister Dmitry Medvedev of Russia witnessed the signing of the Memorandum of Understanding (MOU) between the Intellectual Property Office of the Philippines (IPOPHL) and the Federal Service for Intellectual Property of the Russian Federation (Rospatent). The MOU was signed by IPOPHL Director General Josephine R. Santiago and Rospatent Head Grigory P. Ivlev. The MOU serves as the bilateral framework to improve the administration and effectiveness of the intellectual property systems in the Philippines and the Russian Federation. The signing ceremony was held on 13 November 2017 at the Coconut Palace.

Supply of Lift Spare Parts for Maintenance of Lifts in HDB Estates: CCS consults on Proposed Voluntary Commitments by Suppliers

The Competition Commission of Singapore (“CCS”) is conducting a public consultation from 15 to 28 November 2017 and invites interested parties to provide feedback on two proposed commitments separately provided by (i) BNF Engineering (S) Pte Ltd (“BNF”) in relation to the supply of spare parts for BNF brand of lifts, and (ii) C&W Services Operations Pte Ltd (“CWO”) in relation to the supply of spare parts for Ulift brand of lifts.

Monetary Authority of Singapore and the Polish Financial Supervision Authority expands Co-operation in FinTech

Singapore, Nov 15 - The Monetary Authority of Singapore (MAS) and the Polish Financial Supervision Authority (KNF) signed a FinTech Co-operation Agreement which lays out a framework for co-operation and referrals between the two regulators.

Singapore and Hong Kong launch a Joint Project on Cross-Border Trade and Trade Finance Platform

Singapore, Nov 15 - The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) exchanged a Memorandum of Understanding (MoU) in Singapore today to jointly develop the Global Trade Connectivity Network (GTCN), a cross-border infrastructure based on distributed ledger technology (DLT), to digitalise trade and trade finance between the two cities and potentially with an aim to expanding the network in the region and globally.

Managing Director of BAC Raja Singham appointed as Pioneer Mentor at the Launch of the ASEAN Mentorship for Entrepreneurs Network

Manila, Philippines, Nov 13 - Managing Director of Brickfields Asia College (BAC) Raja Singham was appointed as a Pioneer Mentor of the ASEAN Mentorship for Entrepreneurs Network (AMEN), which was launched at the ASEAN Business and Investment Summit 2017 (ABIS 2017) on Sunday, 12 November. Touted as the largest mentoring programme in the region, AMEN is the flagship programme of the ASEAN Business Advisory Council (ABAC) and is designed to facilitate the scaling up of micro-, small and medium enterprises (MSMEs) in the ASEAN region through mentorship. Successful entrepreneurs, business practitioners and academicians from across the 10 ASEAN member states made up the 143 pioneer mentors present at the launch.

CJ Sereno need not attend Impeach Hearings

MANILA, Nov 17 (PNA) - Supreme Court Chief Justice Maria Lourdes Sereno does not have to accept the invitation to appear before the House Justice Committee's hearing on the impeachment case against her, Albay Rep. Edcel Lagman said.

Justice Reform Committee aims to complete Mission in Five Years

BANGKOK, Nov 16 (NNT) - The government-appointed committee in charge of the reform of the justice system is aiming to complete its mission within five years.

Ministry of Labour: Zero Illegal Migrant Workers by March 2018

BANGKOK, Nov 15 (NNT) - The Thai government plans to achieve the target of zero illegal migrant workers by March 31st, 2018.

Brunei Envoy appointed as New ASEAN Secretary General

MANILA, Nov 16 (PNA) - The Association of Southeast Asian Nations (ASEAN), at the conclusion of Philippine chairmanship for 2017, announced the appointment of Dato Paduka Lim Jock Hoi, a diplomat from Brunei Darussalam as the new Secretary-General of ASEAN.

ASEAN pushes enabling Environment for Inclusive Business

MANILA, Nov 16 (PNA) - The Association of Southeast Asian Nations (ASEAN) member-states will work towards providing an enabling environment for inclusive business imperative for the region’s economic community-building efforts.

Government targets 100 Legal Companions Next Year

SHAH ALAM, Nov 16 (Bernama) - The government targets to station 100 legal companions for child sexual abuse cases at all 22 branches of the Legal Aid Department (LAD) nationwide next year.

CPTPP Conclusion could advance Trade Liberalisation despite Challenges

KUALA LUMPUR, Nov 15 (Bernama) - The conclusion of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signals that trade liberalisation can still advance despite challenging international economic conditions.

Official Secrets Act covers more than Just Secret Information: Experts

The experts say that the public servants and journalists must be mindful of the “very wide” and “sweeping” ambit cast by the Official Secrets Act.  

Industry Updates

New OFB Bank to cover all Overseas Filipinos

Finance Secretary Carlos Dominguez III has welcomed Malacanang’s approval of the acquisition by the Land Bank of the Philippines of the Philippine Postal Savings Bank (PPSB), which, he said, will pave the way for a financial institution that will cater not only to the country’s migrant workers, but to other overseas-based Filipinos as well.

More Updates Read More

Industry Updates

Singapore's Fintech Dive now delves for Proof beyond Concept

The partnership between Singapore and Hong Kong to build a blockchain-powered trade network may set the standard for other jurisdictions to follow in financial technology.

More Updates Read More

Industry Updates

Juvenile Council helps Child Offenders through Art

MANILA, Nov 20 (PNA) - The Juvenile Justice Welfare Council (JJWC) kicked off its 6th JJWC Week on Sunday through an on-the-spot poster painting contest emphasizing the importance of promoting restorative justice and giving youth offenders who have gone astray a "second chance" to correct their mistakes.

More Updates Read More

Industry Updates

Far-reaching Bill for Cyber Security 'Not uncommon'

The far-reaching Bill to beef up cyber security is justifiable in the light of the potential damage from state-sponsored cyber espionage, says experts.  

More Updates Read More

Industry Updates

Self-Regulation, Digital Literacy, Best Ways to counter Fake News

MANILA, Nov 18 (PNA) - Self-regulation and digital literacy are the best antidotes to fake news, according to advocates of freedom of expression in Southeast Asia.

More Updates Read More

Industry Updates

Sereno Camp insists on CJ's Right to Counsel

MANILA  Nov 17 (PNA) - The camp of Chief Justice Maria Lourdes Sereno on Friday insisted anew that she has the right to have counsel and to cross-examine the witness during the impeachment proceedings against her before the Congress.

More Updates Read More

Industry Updates

President Jokowi urges Novanto to follow Legal Process

Jakarta Nov 18 (ANTARA News) - President Joko Widodo (Jokowi) has called on House Speaker Setya Novanto to be willing to follow every legal process initiated by the Corruption Eradication Commission (KPK).

More Updates Read More

Industry Updates

IPOPHL MOU on Intellectual Property with the Russian Federation

President Rodrigo Roa Duterte and Prime Minister Dmitry Medvedev of Russia witnessed the signing of the Memorandum of Understanding (MOU) between the Intellectual Property Office of the Philippines (IPOPHL) and the Federal Service for Intellectual Property of the Russian Federation (Rospatent). The MOU was signed by IPOPHL Director General Josephine R. Santiago and Rospatent Head Grigory P. Ivlev. The MOU serves as the bilateral framework to improve the administration and effectiveness of the intellectual property systems in the Philippines and the Russian Federation. The signing ceremony was held on 13 November 2017 at the Coconut Palace.

More Updates Read More

Industry Updates

Supply of Lift Spare Parts for Maintenance of Lifts in HDB Estates: CCS consults on Proposed Voluntary Commitments by Suppliers

The Competition Commission of Singapore (“CCS”) is conducting a public consultation from 15 to 28 November 2017 and invites interested parties to provide feedback on two proposed commitments separately provided by (i) BNF Engineering (S) Pte Ltd (“BNF”) in relation to the supply of spare parts for BNF brand of lifts, and (ii) C&W Services Operations Pte Ltd (“CWO”) in relation to the supply of spare parts for Ulift brand of lifts.

More Updates Read More

Industry Updates

Monetary Authority of Singapore and the Polish Financial Supervision Authority expands Co-operation in FinTech

Singapore, Nov 15 - The Monetary Authority of Singapore (MAS) and the Polish Financial Supervision Authority (KNF) signed a FinTech Co-operation Agreement which lays out a framework for co-operation and referrals between the two regulators.

More Updates Read More

Industry Updates

Singapore and Hong Kong launch a Joint Project on Cross-Border Trade and Trade Finance Platform

Singapore, Nov 15 - The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) exchanged a Memorandum of Understanding (MoU) in Singapore today to jointly develop the Global Trade Connectivity Network (GTCN), a cross-border infrastructure based on distributed ledger technology (DLT), to digitalise trade and trade finance between the two cities and potentially with an aim to expanding the network in the region and globally.

More Updates Read More

Industry Updates

Managing Director of BAC Raja Singham appointed as Pioneer Mentor at the Launch of the ASEAN Mentorship for Entrepreneurs Network

Manila, Philippines, Nov 13 - Managing Director of Brickfields Asia College (BAC) Raja Singham was appointed as a Pioneer Mentor of the ASEAN Mentorship for Entrepreneurs Network (AMEN), which was launched at the ASEAN Business and Investment Summit 2017 (ABIS 2017) on Sunday, 12 November. Touted as the largest mentoring programme in the region, AMEN is the flagship programme of the ASEAN Business Advisory Council (ABAC) and is designed to facilitate the scaling up of micro-, small and medium enterprises (MSMEs) in the ASEAN region through mentorship. Successful entrepreneurs, business practitioners and academicians from across the 10 ASEAN member states made up the 143 pioneer mentors present at the launch.

More Updates Read More