Author: mfnnews
BSP keeps June 2026 deadline for PH banks to upgrade fraud management systems

The Bangko Sentral ng Pilipinas (BSP) is keeping the June 2026 deadline for financial institutions to boost their fraud management systems (FMS) and limit their use of interceptable authentication mechanisms for now, top officials said.
Future of ASEAN tourism not shaped by one nation — DOT exec

CEBU CITY — An official from the Department of Tourism said Monday that enriching the tourism industry in the ASEAN region is a collective approach, noting that it cannot merely be shaped by one nation.
Gasoline prices up for 3rd straight week Tuesday; diesel, kerosene for 5th

Fuel retailers on Monday announced another round of pump price hikes, marking the third straight week of increase for gasoline, and the fifth for both diesel and kerosene.
Chinabank sees ‘challenging’ 2026; no rush to sell Emerald Bay property

China Banking Corp. has received several offers for the site of the stalled Emerald Bay Hotel and Casino project in Cebu, but there is no urgency to sell as bids have yet to meet its price expectation, a top official of the company said.
Filipino commuters waste nearly 6 days a year stuck in traffic
The Philippines ranked worst in Asia for traffic congestion, according to the 2025 TomTom Traffic Index, which analyzes GPS data.
Netizens react to Bianca Gonzalez”s thoughts on expensive domestic travel vs. international trips
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Bianca Gonzalez took to social media to air her frustrations about the high cost of domestic travel in the Philippines compared to flying abroad.
Alex Honnold scales Taiwan’s tallest building Taipei 101 without ropes
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Alex Honnold, who is the first person to free-solo El Capitan in Yosemite Park in California, scaled the Taipei 101 skyscraper without ropes or safety netting on Sunday, watched by thousands of cheering and waving fans as he clambered up one of the world’s tallest buildings.
Torre: MMDA to implement 5-minute response policy

The Metropolitan Manila and Development Authority (MMDA) will implement a five-minute response policy for traffic accidents, MMDA General Manager Nicolas Torre III said Monday.
DPWH: Oriental Mindoro substandard flood control project contractor to be held accountable

Department of Public Works and Highways Secretary Vince Dizon on Monday said the contractor of a substandard flood control project recently discovered in Naujan, Oriental Mindoro will be held accountable.
15 dead as RORO vessel sinks off Basilan; rescue ops ongoing for survivors

Fifteen people were confirmed dead and 43 were missing after a roll-on/roll-off (RORO) ferry vessel sank in the waters offshore Pilas Island, Basilan early Monday.
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