PSA website faces tech issues on 1st day of nat’l ID registration

Robie de Guzman   •   April 30, 2021   •   618

MANILA, Philippines – The first day of the online registration for the country’s identification system on Friday was marred with technical issues, the Philippine Statistics Authority (PSA) said.

In an advisory, the PSA assured that its technical team is addressing the issue on its website.

“We are currently experiencing technical difficulties. Our technical team is currently figuring out the source of the problem,” the PSA said. “We will provide updates as soon as the website is up and running. We apologize for any inconvenience this may have caused.”

ADVISORY We are currently experiencing technical difficulties. Our technical team is currently figuring out the source…

Posted by PSA Philippine Identification System on Thursday, April 29, 2021

The national ID system is being implemented pursuant to the Republic Act 11055 or the Philippine Identification System Act, which was signed by President Rodrigo Duterte in 2018.

The measure seeks to establish a single national identification system for all citizens and resident aliens of the country.

It also aims to “promote seamless delivery of service, to improve the efficiency, transparency, and targeted delivery of public and social services, to enhance administrative governance, to reduce corruption and curtail bureaucratic red tape, to avert fraudulent transactions and misrepresentations, to strengthen financial inclusion, and to promote ease of doing business.”

Nat’l ID sufficient proof of identity in opening bank accounts – BSP

Robie de Guzman   •   November 9, 2021

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Tuesday reminded financial institutions that the Philippine Identification System (PhilSys) or national ID is considered sufficient proof of identity to open a bank account.

In a statement, the BSP said the BSP-Supervised Financial Institutions (BSFI) should accept the national ID card, in both physical and mobile formats, as sufficient proof of identity without the need for another ID.

The central bank’s call is in support of the Memorandum No. M-2021-057 issued by the Philippine Statistics Authority (PSA), which reminds all government and private entities to accept the PhilID card as sufficient proof of identity, subject to proper authentication. This is in line with Republic Act No. 11055 or the PhilSys Act.

“PhilSys will help more Filipinos, especially the marginalized and low-income, to begin saving money in banks and other BSFIs,” said BSP Governor Benjamin Diokno.

Diokno added that the national ID system will support the wide scale opening of transaction accounts, particularly the Basic Deposit Account, which is designed to meet the needs of the unbanked.

The PhilSys will offer online and offline methods for identity authentication through the PhilID physical security features, QR code digital verification, biometric verification, and SMS one-time password (OTP).

These features will facilitate stronger and more secure methods of identity verification than traditional methods such as manual matching of handwritten signature against specimen.

The BSP likewise directed BSFIs to include the PhilID in their list of valid IDs.

“As a foundational digital ID system, the BSP considers the PhilSys as a gamechanger for financial inclusion, a state wherein there is effective access to a wide range of financial services for all,” it said.

“Aside from contributing to the massive opening of transaction accounts, PhilSys is expected to transform how services are delivered and accessed in the Philippines, accelerating the country’s transition to a digital economy,” it added.

As of October 21, 2021, the number of transaction accounts opened due to the co-location of PSA registration sites and Land Bank account opening facilities totaled 5,922,304 accounts, the BSP said.

PSA: Inflation eased at 4.6% in October

Maris Federez   •   November 5, 2021

MANILA, Philippines —  The country’s headline inflation decelerated in October 2021, registering decreasing prices of basic goods and services, the Philippine Statistics Authority (PSA) announced Friday, November 5.

The PSA, in its Summary Inflation Report Consumer Price Index report, said the inflation eased further to 4.6 percent in October 2021 from 4.8 percent in September 2021.

It added that this brings the year-to-date inflation from January to October 2021 at 4.5 percent.

Inflation in October 2020 was posted at 2.5 percent.

“The main source of the downward trend of the October 2021 inflation was primarily due to the slower annual increment registered in food and non-alcoholic beverages index at 5.3 percent, from 6.2 percent in September 2021,” the agency said.

“Na-balance siya, nagkaroon tayo ng pagtaas sa petroleum and LPG na nagkaroon ng impact sa transport and component ng Household, Water, Electricity, Gas and other fuels, but the prices of food dropped. Of course, we saw that the meat prices particularly pork bumaba siya,” said Usec. Dennis Mapa, Philippine Statistics Authority head.

Contributing also to the downward trend in the overall inflation were the lower inflation recorded in the indices of the following commodity groups:

  • Alcoholic beverages and tobacco, 9.8 percent;
  • Education, 0.7 percent; and
  • Restaurant and miscellaneous goods and services; 3.8 percent.

On the other hand, inflation rates were higher in the indices of the following commodity groups:

  • Housing, water, electricity, gas, and other fuels, 4.4 percent;
  • Furnishing, household equipment, and routine maintenance of the house, 2.5 percent;
  • Health, 3.2 percent
  • Transport, 7.1 percent; and
  • Recreation and culture, 1.0 percent.

PH unemployment rate rose to 8.9% in September — PSA

Aileen Cerrudo   •   November 4, 2021

MANILA, Philippines—More Filipinos were out of work in September, according to the Philippine Statistics Authority (PSA).

Based on the latest report of PSA, unemployment rate in September rose to 8.9 percent, which translates to about 4.5 million individuals. This is higher compared to 8.1 percent or 3.88 million Filipinos recorded last August.

The labor force participation rate (LFPR) in September slightly dropped to 63.3 percent from 63.6 percent in August 2021.

“The biggest contributor to unemployment in September was the agriculture and forestry sector. That’s why the unemployment rate rose,”said national statistician Claire Dennis Mapa in an online briefing.

Mapa said bad weather and the end of the harvest season led to the unemployment rate for September.

Meanwhile, underemployed rate was estimated at 14.2 percent this September 2021 accounting for 6.18 million underemployed persons out of 43.59 million employed persons. According to the PSA, it is the second lowest reported this year following the 12.3 percent underemployment rate in May 2021. The same underemployment rate of 14.2 percent was reported in June 2021.

Socioeconomic Planning Secretary Karl Chua said better labor outcomes in October can be expected when the country sees the full impact of the implementation of granular lockdowns in NCR. 

“Overall, the economy has generated 1.1 million employment above the pre-pandemic level. This signals the Philippines’ continuing recovery. We look forward to the expansion of the alert level and granular lockdown system to the whole country to recover more jobs and livelihoods,” he said. AAC

 

 

REACH US

The Philippine Broadcast Hub

UNTV, 915 Barangay Philam,

EDSA, Quezon City M.M. 1104

(+632) 8396-8688 (Tel)

info@untv-newsandrescue.com (General inquiries)

ABOUT UNTV

UNTV is a major TV broadcast network with 24-hour programming. An Ultra High Frequency station with strong brand content that appeal to everyone, UNTV is one of the most trusted and successful Philippine networks that guarantees wholesome and quality viewing experience.