We’ll no longer exchange old bills – BSP

Victor Anthony V. Silva 08/15/2017

DESPITE several requests from several old peso note holders who failed to exchange these bills, the Bangko Sentral ng Pilipinas reiterated its stand to no longer exchange these old bills for new ones after the deadline last…

De Lima to Pimentel: Let me vote on crucial bills

Inquirer.net 05/21/2017

MANILA — Detained Sen. Leila de Lima is asking Senate President Aquilino Pimentel III to back her bid to seek occasional furloughs so that she could cast her vote in crucial landmark legislation. In a letter to…

Group hopes to gather 1 M signatures against death penalty, lower criminal age liability

Ador Vincent S. Mayol 02/24/2017

CEBU CITY–Activist groups in Cebu on Friday launched a signature drive to protest the administration’s plan to bring back the death penalty and to lower the criminal age of liability from 15 years old to nine. The…

Man charged over fake money

Ador Vincent S. Mayol 01/24/2017

A criminal complaint was filed on Monday against the 28-year-old man who was arrested by police for manufacturing and selling fake money bills in downtown Cebu City. Junrey Cagay, a resident of Barangay Quiot, Cebu City, was…

BSP to cash handlers: Learn security features of peso bills

Inna Mejia, Jose Santino S. Bunachita, Victor Anthony V. Silva 01/23/2017

The Bangko Sentral ng Pilipinas (BSP) urged businessmen, vendors and cash handlers to learn how to tell fake bills from the genuine ones by familiarizing themselves with the security features of the Philippine currency. The New Generation…

COUNTERFEITER CAUGHT

Ador Vincent S. Mayol 01/21/2017

All it took was a computer and a printer in an internet café. Voilà! Fake peso bills were made. Unfortunately for the fake bill maker, policemen got him and seized from him P24,000 worth of fake bills…

‘If it’s smooth, it’s fake’

Victor Anthony V. Silva 01/21/2017

The Bangko Sentral ng Pilipinas (BSP) has constantly reminded the public to be vigilant on the proliferation of counterfeit money. Lawyer Leonides Sumbi, BSP Cebu regional director, said the public should be very careful, especially in dealing…

‘Exchange old bills before yearend’

Vanessa Claire Lucero 05/26/2015

Old banknotes no longer legal tender by Jan. 1, 2016 Central Bank officials yesterday reminded bankers and retailers that old banknotes may be used as payment only until December 31 this year. The old bills will no…

Energy execs grilled on Veco deposits

Doris C. Bongcac 07/10/2014

Cebu City councilors have taken the Visayan Electric Co. (Veco) to task for allegedly implementing a policy that requires electricity service applicants to pay a hefty deposit among other charges. Citing one complaint as an example, Councilor…

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