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PSBank bares new mobile app feature that allows TD placements from home

July 15, 2020

AS the COVID-19 pandemic has pushed the country into what many call the new normal, social distancing and stay-at-home protocols have become part of the Filipinos’ way of life. With the limitations and restrictions of the COVID-19 community quarantine, easy and secure access to banking services has become a great need for Filipinos.     In response to this, Philippine Savings Bank (PSBank), the consumer banking arm of the Metrobank Group, has launched its PSBank Mobile Time Deposit (TD) placement, a digital service that allows clients to open Peso Time Deposits from the comfort of their home, 24/7, with just a few taps on their mobile phone.   With the new service, clients no longer have to worry about visiting the bank or risking exposure when it comes to growing their hard earned money in the new normal. They can easily invest their excess funds via PSBank Mobile App and enjoy higher rates and gain better returns even from their home.   The PSBank Peso Time Deposit is an investment option for customers who may have excess funds and are willing to set them aside over an extended period of 30, 60, or 90 days, with guaranteed fixed-rate returns. It earns higher interest rates as compared to traditional savings accounts. At PSBank, interest rates for TD placements are based on the client’s total TD balance. The higher the balance amount, the higher the interest rate.   To open a PSBank Peso Time Deposit account, clients simply need to log-in to PSBank Mobile App, tap on ‘Place Time Deposit’ from the ‘Create a Transaction’ menu in ‘View My Accounts,’ and enter the Amount, Term, and Maturity Instruction.   A minimum placement of PhP10,000 is required to open a Peso Time Deposit account. Clients may nominate either a Checking or a Savings account as the source for the investible funds and where payouts of principal or interest earnings will be credited upon maturity. Clients may also opt to transfer funds from their other bank accounts to their PSBank account to fund their TD placement and start earning more.   This addition to PSBank’s digital service offerings is part of the Bank’s commitment to continuously evolve with the changing and growing needs of its customers. By utilizing the mobile platform, the Bank aims to provide a versatile app that could service its clients in ways most convenient for them, and that is attuned to their changing lifestyle.   For more information, call our 24/7 Customer Experience Hotline at (632) 8845-8888, visit https://www.psbank.com.ph or https://www.facebook.com/psbankofficial/.  

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Suspension of MisOr budget: ‘Anti-people, ill-advised’

July 8, 2020

MISAMIS Oriental--Provincial Governor Yevgeny Vincente Emano of Misamis Oriental on Saturday described the court order suspending the disbursement of the province’s approved 2020 budget as “anti-people” and “ill-advised.” Emano expressed the fear that the delivery of basic services is endangered following a court order restraining the provincial government to disburse the approved 2020 Budget effective Monday. A regional trial court in Cagayan De Oro City issued a 20-day temporary restraining order (TRO) prohibiting the provincial government from disbursing the approved 2020 Budget Ordinance effective June 29, 2020. The governor said that the TRO was “inappropriate and unfair” at the time when the country in general, and the provincial government in particular, is waging a war against the COVID-19 pandemic. “We are saddened by the issuance of the TRO when the provincial COVID Inter-Agency Task Force is fighting an unseen enemy that requires enormous financial logistics,” Emano said in a statement. He said that the effect of the prohibition of the disbursement of the 2020 budget is now crippling some vital services of the province.   Emano cited the medical needs of patients confined at the eight provincial hospitals and the maintenance and security of “COVID-19 patients in isolation units” in several towns. Emano accused the political opposition of “adding insult to injury” at the time when the people of Misamis Oriental are suffering as the country battles a nationwide health emergency to contain the COVID-19 pandemic. He said that the political opposition led by Vice Governor Jeremy Pelaez filed a petition for the issuance of the temporary restraining order (TRO) on the ground that the 2020 Budget Ordinance was “not posted as required by law for its effectivity.”

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(Photo) Stranded battleship

July 8, 2020

Shows a battleship anchored at the wharf of Subic Bay believed to have been stranded for almost 3 months now due to Covid 19 restrictions July 5, 2020, Photo by Gerry Lee Gorit

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First covid-19 positive in Misamis Oriental lives in Libertad town

June 13, 2020

FIRST CORONAVIRUS POSITIVE IN MISOR LIBERTAD, Misamis Oriental - Provincial Health Officer Jerry Calingasan has confirmed the first coronavirus case in the province. During a live interview over Magnum Radio, Calingasan said the first covid-19 positive was a 29-year-old overseas filipino worker (OFW) from Libertad town this province. Calingasan said the OFW worked in Saudi Arabia. "We should continue to follow the basic protection such as social distancing, wearing of facemask and washing of our hands regularly," he said. He said using these simple tasks would help the people to stay away from the dangers of the deadly coronavirus disease. "In fact, 80 percent ang chance nga mas safe kita kung nagasunod kita niini nga basic protocols," he said. Meanwhile, The IATF of Libertad, Misamis Oriental said on its post on Facebook that on June 6, 2020, they have one Person Under Investigation (PUI-Suspect) that they get from Languindingan International Airport and he was immediately brought to the Libertad isolation facility. During examination, he was found out having cough and sore throat which are symptoms of covid-19 on June 11, 2020, and immediately a Rapid Diagnostic Test and RT-PCR via swab test was conducted on that same day. The IATF Libertad has officially announced that the swab test yielded positive result which also made them to decide to coordinate with DOH and to transfer the patient to the Northerm Mindanao Medical Center for proper medication and care. It was learned that the patient had six other OFWs who boarded the same plane that landed at the airport in Laguindingan. A contact-tracing is now conducted by health authorities as the patient might have transmitted the disease to others who boarded the plane, or someone might have also transmitted to him the virus, as he was still negative when he was in Manila. Calingasan said those who boarded the plane are still in quarantine in the towns of Lugait, Villaneuva and Gingoog City. But other passengers of said plane were also from the two Lanal provinces and Misamis Occidental.   The male patient, it was learned, arrived in Manila last May 23 but he undergone a 14-day quarantine upong reaching the aiport in Manila. He was tested there but the result yielded negative. 

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11 killed in Surigao firefight, military overruns NPA camp

May 27, 2020

CAMP EVANGELISTA, Cagayan de Oro City--The military overran a communist rebel camp in the mountains of Surigao del Sur after a six-day running gun battle, killing 11 rebels, the military reported Thursday, the military reported here Thursday. Capt. Al Anthony B. Pueblas, Chief of the army’s Public Affairs Division here, said that the gun battle started Tuesday dawn on May 14, 2020 until May 19, 2020 capturing the large rebel camp that could accommodate 120 people. He said that the military were in hot pursuit of four top ranking NPA rebels of the Northeastern Mindanao Revolutionary Committee (NEMRC) believed to be hauled in the Andap Valley Complex in Surigao Del Sur. The military received reports of the presence of the top communist rebels of the “Komisyon Mindanao” (KOMMID) in the area resulting in the security operation. Pueblas said that Myrna Sularte a.k.a “Malaya”, the Secretary of NEMRC, Alvin Loque a.k.a “Joaquin Jacinto”, the spokesperson of KOMMID, Alfie Masinatao Basa a.k.a “Momoy”, the vice commander of the Regional Headquarters (RHQ), NEMRC, and Lorna Pamutongan Gomez a.k.a “Momay”, the Medical Staff of RHQ, NEMRC, were believed wounded in the six-day skirmishes. He said that unpredictable weather, the rugged and mountainous terrain made it difficult for the army soldiers to retrieve bodies of slain NPAs in the area. Pueblas said that, as of press time, the government troopers were still on a search and retrieval operation in the area as the military received reports about the wounded hiding in the area. No casualties were reported on the military side. Seized in the encounter site were five firearms, two laptops, one overhead projector, flash drives, external hard drives, two anti-personnel mines, hand grenades, bandoleers, assorted ammunition and magazines, handheld radios, food and medical supplies, personal belongings, and high value subversive documents. On May 10, 2020, the military pounded on the NPA’s regional command in the border of Agusan Del Norte and Misamis Oriental, killing 15 rebels, including four ranking officers of the North Central Mindanao Revolutionary Committee (NCMRC).

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Launching of BP2 shows Duterte’s political will, commitment: Go

May 23, 2020

MANILA – Senator Christopher Lawrence “Bong” Go on Wednesday lauded the official launching of the Balik Probinsya, Bagong Pag-asa (BP2) Program as a testament of President Rodrigo Duterte’s political will and his administration’s commitment to help poor urban families return to their home provinces and start anew with new-found hope for a better life.     The BP2 program was launched in Quezon City with a send-off of the first batch of 112 individuals returning to the province of Leyte.     In an interview at the send-off ceremonies, Go pointed out while there were similar programs under past administrations, it is only under the present administration that the program got fully underway.     “Ngayon lang po merong political will ang ating gobyerno, si Pangulong Duterte, na i-implementa ang programang ito. Pinirmahan niya ang executive order para po magtulungan ang lahat ng resources ng gobyerno para po makatulong sa mga kababayan natin na gusto nang umuwi (It is only now that our government has the political will, President Duterte, to implement this program. He signed the EO to coordinate government resources help our countrymen who wished to return to the provinces),” he said.     The BP2 program was institutionalized after President Duterte signed Executive Order No. 114, to “ensure balanced regional development and equitable distribution of wealth, resources and opportunities through policies and programs that boost countryside development and inclusive growth; provide adequate social services; and promote full employment, industrialization and an improved quality of life in rural areas.”     Go, chair of the Senate Committee on Health and Demography and Balik Probinsya proponent, said the launching of the BP2 program came in the most opportune time as many “probinsyanos” (province folks) living or working in urban areas, particularly Metro Manila, have expressed their willingness to go home after their painful experiences during the coronavirus disease 2019 (Covid-19) pandemic.     As a probinsyano himself, Go said he understands the fascination of the people with Metro Manila as a center of education, employment, as well as entertainment.     “Halos lahat kami fascinated dito sa Metro Manila. Pero bakit ngayun marami ng gustong umuwi? Kasi marami na pong nadala. Ngayon po sila apektado at naipit sila sa sitwasyon dito (Almost all of us were fascinated with Metro Manila. But why is it that many wanted to go home now? It’s because many have had it. They were affected and stranded by the situation here),” he said.     Go, however, clarified that the program is not mandatory for those who wished to stay in the cities.     For those who will avail of the program, he assured that the government is there to assist them with all their needs.     “Bibigyan po kayo ng Duterte administration ng bagong pag-asa pag-uwi nyo po sa inyong mga probinsya. Ang gagawin nyo lang po ay umuwi kayo at trabaho na po ng gobyerno kung papaano kayo papauwiin (The Duterte administration will give you fresh hope upon your return to your provinces. All you have to do is go home and it will be the responsibility of government on how you could get home),” Go said, citing the provisions provided by various national government agencies for the first batch of BP2 beneficiaries.     Under EO 114, almost all agencies of the Executive department are part of the Balik Probinsya, Bagong Pag-asa Council.     The returnees to Leyte underwent testing and other quarantine protocols from the Department of Health (DOH) to ensure that they would not be carriers of the dreaded virus to their respective communities.     They were provided by the Department of Social Welfare and Development (DSWD) with transportation assistance, food packs, hygiene kits, family kits, and other non-food items.     Go said his office, along with several private entities, have also extended additional financial support to the returnees.     Upon their arrival in their home destination, their respective local government units (LGUs) will be on hand to welcome them and endorse them to the regional offices of national government agencies for assessment on what type of livelihood or job they are most fitted.     Go said the housing needs of BP2 beneficiaries would also be provided under the long-term phase of the program.     “Sa abot po ng makakaya ng ating gobyerno, gagawin po namin ang lahat (The government will do everything to the best of its capabilities),” he stressed.     As a legislator, Go likewise assured that he will continuously think of legislative measures that would help Duterte’s BP2 program succeed.     Already pending in the Senate is a proposed measure seeking to provide additional incentives to investors and businesses that would invest in the countryside.     “Pag dumami ang mga factories, plants, o mamumuhunan sa probinsya, mas maraming trabaho na pwede nilang ibigay para sa mga bablik sa probinsya (If factories, plants or investors increase in the countryside, there would more employment opportunities to the returnees),” Go said.     He has also filed Senate Bill No. 203, or the “National Housing Development, Production and Financing (NHDPF) Act of 2019,” which aims to significantly reduce the country’s housing backlog through continuous funding support.     Go, however, admitted that there is no assurance that BP2 beneficiaries would not go back to Metro Manila or other urban centers.     Nevertheless, he urged his fellow probinsyanos to avail of the program and stay in the province, since government will always be there to help them.     “Sa mga kapatid kong Pilipino, sa mga Bisaya, Ilonggo, Ilocano, sa mga uuwi sa probinsya, huwag po kayong mawalan ng pag-asa, nandito naman po ang gobyerno. Kailangan lang po natin ng kooperasyon ng bawat Pilipino para malampasan po natin itong nangyari sa atin (To my fellow Filipinos, Bisaya, Ilonggos, or Ilocanos, to those going back to the provinces do not lose hope, the government is always here. All we need is a little cooperation from every Filipino to overcome this problem),” he said.     “Basta kami po ni Pangulong Duterte at sa adminsitration, lahat ng mga agencies na kasama sa BP2 program, magtutulungan po tayo at makauwi po kayo sa inyong mga probinsya na ligtas (President Duterte and everyone of us in the administration, including all the agencies that are part of the BP2 program, we must all work together and you will safely return to your provinces,” he added. (PNA)

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