Tag: Bangko Sentral ng Pilipinas

The Bangko Sentral ng Pilipinas (BSP) in 2025 cleared a key regulatory path for Apple Pay by classifying it as a technology service provider rather than an operator of payment systems. Because the platform processes payment credentials through contactless technology without directly handling, settling, or holding customer funds, the central bank confirmed it does not need to register as a payment system operator. Central bank officials noted that once this regulatory distinction was established, the decision on when to roll out the service rested entirely on the readiness of local financial institutions.

Student safety today goes far beyond school grounds, covering physical security, mental health, and responsible online behavior as one closely linked system.

The Employers Confederation of the Philippines (ECOP) has cautioned regional wage boards against automatically following Metro Manila's latest minimum wage increase, arguing that wage adjustments should reflect local economic realities rather than establish a nationwide template.

The Department of Agriculture and the Bureau of Fisheries and Aquatic Resources are taking steps to save a key tool used against illegal fishing after a recent Supreme Court ruling. The high court recently declared Fisheries Administrative Order No. 266 unconstitutional, effectively striking down the requirement for commercial fishing vessels to install tracking devices and submit electronic catch reports.