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Globe-backed fintech GCash has forged a partnership with Florida-based cross-border money transfer company Viamericas to allow Filipinos in North America, particularly the US and Canada, to remit straight to the GCash accounts of their recipients in the Philippines in real-time.In a news release on Tuesday, GCash said its partnership with Viamericas will make sending money from OFWs to their families back home “easier and hassle free.
Albano said the partnership with Viamericas was also established to provide fast and secure financial services to Filipinos based in North American countries and their families in the Philippines.For his part, Joseph Argilagos, Viamericas’ co-founder and executive chairman, said the collaboration with GCash would be a way to expand the money transmitter firm’s capabilities in the Philippines by integrating its services with the local fintech.
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Philippine Coast Guard Stands Firm Against Chinese Vessels in West Philippine SeaA Philippine Coast Guard (PCG) ship, BRP Cabra, successfully deterred three Chinese vessels from approaching the coast of Zambales. The incident highlights the ongoing tensions in the disputed West Philippine Sea. Meanwhile, the PCG launched a comic book to counter alleged Chinese disinformation and promote awareness about the country's maritime rights.
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Philippine Navy: China's Use of LRAD Signals Escalating Aggression in West Philippine SeaThe Philippine Navy has condemned the use of Long-Range Acoustic Devices (LRAD) by the China Coast Guard (CCG) against a Philippine Coast Guard vessel, calling it a clear escalation of aggression in the West Philippine Sea. Rear Admiral Roy Vincent Trinidad, spokesperson for the Philippine Navy in the WPS, stated that the LRAD signifies an increase in the Chinese Communist Party's aggression and underscores their illegal presence and coercive actions in the disputed waters. He linked this incident with China's broader strategy of asserting territorial claims over the South China Sea, citing the recent arrest of a Chinese national involved in intelligence surveillance of Philippine infrastructure.
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Philippine Coast Guard Pushes Back Chinese Vessel from Philippine WatersThe Philippine Coast Guard (PCG) successfully drove a large Chinese vessel, the China Coast Guard 5901, further away from Zambales. Initially spotted 54 nautical miles from the coast, the vessel was pushed back to approximately 120 nautical miles. The PCG remains vigilant, with BRP Teresa Magbanua patrolling the area and challenging the presence of the Chinese vessel. The PCG is committed to preventing the normalization of China's illegal deployment of maritime forces in the region.
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Philippine Stock Exchange Reaches Near-Majority Stake in Philippine Dealing System HoldingsThe Philippine Stock Exchange (PSE) has successfully acquired a significant stake in Philippine Dealing System Holdings Corp. (PDSHC), bringing the bourse closer to consolidating the country's equities and fixed-income exchanges.
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Philippine Senators Push for Multilateral Approach in West Philippine Sea DisputeAlyansa Para sa Bagong Pilipinas senatorial candidates, during a press conference, emphasized the need for a multilateral approach in protecting Philippine sovereignty in the West Philippine Sea. They expressed support for joint military exercises and the enforcement of maritime laws.
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Philippine Coast Guard Repels Chinese Vessels in West Philippine SeaThe Philippine Coast Guard (PCG) continues to drive away Chinese Coast Guard (CCG) vessels from the West Philippine Sea, asserting its presence within its Exclusive Economic Zone (EEZ). The PCG's BRP Cabra patrol ship successfully pushed back a CCG vessel, but another Chinese vessel subsequently arrived. The PCG remains committed to preventing the normalization of illegal Chinese activities in the disputed waters.
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