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BSP creates Payments and Currency Management Sector, appoints new DG By JON VIKTOR D. CABUENAS, GMA News Published February 24, 2021 4:07pm The Bangko Sentral ng Pilipinas (BSP) on Wednesday announced the creation of a new department that will manage the interplay of physical currency and digital money, in line with efforts to shift to a cash-lite economy. In a virtual briefing, BSP Governor Benjamin Diokno said the Payments and Currency Management Sector (PCMS) will handle the licensing and supervision of payment system operations and the formulation of strategies and policies for cu...

Published February 21, 2021, 8:24 PM CAMP GENERAL ALEJO SANTOS, Bulacan — A suspect was shot dead while six others were arrested during a series of search warrant operations conducted by the Bulacan police  Saturday. Police Col. Lawrence B. Cajipe, Bulacan police director, identified the slain suspect as Enrico Villaflores Cuare, alias “Bulog,” of Barangay Sta. Rosa 1, Marilao, this province. Based on the report from Police Lt. Col. Leandro Gutierrez, Marilao acting police chief, his men implemented a search warrant issued by Judge Albert R. Fonacier RTC Branch 76, Malolos City Bula...

(FLICKR / MANILA BULLETIN) Colonel Lawrence B. Cajipe, Bulacan police director, identified the slain drug suspect as Hermedelio Dela Cruz Mangcoy alias “Kharim/Dodoy,” a resident of Barangay Saog, Marilao. Police said that Mangcoy is known as the source of illegal drugs in Barangay Saog and nearby villages. Based on the report of Marilao police, they responded to the information given by concerned citizens and carefully monitored the activities of the suspect for a couple of weeks. After they confirmed and verified the said report, they immediately conducted a buy-bust operation to arrest...

PHOTO COURTESY OF RANDY DEL VALLE PHOTO COURTESY OF RANDY DEL VALLE PHOTO COURTESY OF RANDY DEL VALLE Facility made of upcycled materials is considered a ‘milestone’ IT’S ALL ABOUT promoting a “circular economy,” says Randy Del Valle, Pilipinas Shell general manager and VP for its mobility business in the country. Partnering with Green Antz Builders, the global energy company’s Philippine operations recently completed its very first retail station in the country using so-called eco-bricks. Green Antz Builders made the eco-bricks from upcycled plastic waste. In th...

upcycled plastic eco-bricks in the Philippines, and the first in Shell’s worldwide network. Pilipinas Shell has partnered with Green Antz Builders to build a retail station in Plaridel, Bulacan using eco-bricks made from upcycled plastic waste – a first not only in the country, but for the Shell global group. General Manager and Vice President for Shell Mobility Philippines Randy Del Valle. “This past year has been all about accelerating our transformation to do better in our financial, social, and environmental dimensions,” said Pilipinas General Manager and Vice President for Shell...