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BSP orders banks to go beyond OTPs

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June 11, 2025
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Industries

Nickel ore export ban to stunt local industry, says economist

MANILA, Philippines — The proposed ban on nickel ore exports would hurt the Philippine mining sector which, if implemented, would translate to “quite substantial losses,” according to an economist. “I...

Finance

World Bank lifts ban on nuclear energy financing

WASHINGTON, United States — The World Bank is re-entering the nuclear energy space “for the first time in decades,” its President Ajay Banga said Wednesday, as it works towards meeting...

Consumer & Retail

Emperador planning Asian debut of Los Danzantes

Emperador planning Asian debut of Los Danzantes

MANILA, Philippines — Liquor conglomerate Emperador Inc. will soon bring its newest brand acquisition to Asia as it sees a promising growth trajectory for mezcal…

Columns

Tourism & Transportation

Air India crash latest test for new Boeing leadership

NEW YORK, United States – The devastating Air India crash seems certain to embroil Boeing in further rounds of negative headlines at a time when…

Foreign News

DA extends issuance of fish import permit till June

MANILA, Philippines — Tight importation schedules and supply issues prompted the Department of Agriculture (DA) to extend the issuance of fish import permits to June.…

Economy

Dollar dives on Trump's new trade threat

NEW YORK, United States – The dollar plunged on Thursday after US President Donald Trump threatened higher unilateral tariffs on trade partners, and oil see-sawed…

Communications

Meta invests $14.3B in AI firm Scale and recruits its CEO for 'superintelligence' team

UNITED STATES – Meta said Thursday it was making a large investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join…

Industry Movements

BSP orders banks to go beyond OTPs

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has ordered banks to supplement one-time pins (OTPs) with more secure authentication methods to curb cybercrimes…

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