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Oct 22 2020 Philippines to allow foreign investors to enter in November
The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) will allow foreign investors to enter the Philippines starting from Nov. 1.
Under Resolution No. 80 dated Oct. 22, foreign nationals with investment visas will be allowed to enter the Philippines, which has implemented travel curbs starting February to stem the rise in coronavirus…
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Oct 22 2020 BSP approves nearly $4B in gov’t foreign loans
The central bank has approved $3.919 billion in government’s foreign loans in the third quarter, with most of the funds going to the coronavirus disease 2019 (COVID-19) pandemic response and massive infrastructure projects.
The amount of national government foreign borrowings approved was 49% higher than the $2.654 billion in foreign debt greenlit in the same period…
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Oct 22 2020 Expanding financial inclusion to help in PH’s recovery: Diokno
MANILA – Improving the financial inclusion landscape in the Philippines is seen to further help in the recovery of the domestic economy from the pandemic.
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno, in a taped speech during the Pru Life UK Online Investment briefing Friday, said “financial inclusion has become a compelling strategy for sustainable growth.”
He…
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Oct 22 2020 UnionBank Talks Digitizing Corporate Clients in the New Normal at 5th E-TalkTales
Last October 20, Union Bank of the Philippines (UnionBank) held the fifth installment of its E-TalkTales series wherein Head of Transaction Banking Mon Duarte discussed the Bank’s various transaction banking solutions, particularly The Portal, its all-digital banking platform for corporate clients.
Duarte began the discussion by differentiating UnionBank’s Transaction Banking solutions, which he defined as simply…