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Nov 18 2020 
SEC allows banks to use industry-specific framework for financial statements
THE SECURITIES and Exchange Commission (SEC) is allowing an industry-specific framework in reporting financial statements for banks and other entities regulated by the Bangko Sentral ng Pilipinas (BSP) in consideration of relief measures extended during the coronavirus pandemic.
In a statement on Wednesday, the corporate regulator said it has approved SEC Memorandum Circular No. 32, Series…
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Nov 18 2020 
PH launches “Digital Pilipinas” Movement
For the past two years, the Philippines proves that it is among the world’s most innovative economies as it ranked 50th out of 131 countries in 2020 as reported in the 2020 annual Global Innovation Index (GII).
Interestingly, this is the first time that the Philippines has breached the top 50 of the GII, which recognizes…
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Nov 18 2020 
Grab readies platform’s new safety and security features
SINGAPOREAN multinational ride-hailing company Grab Holdings, Inc. is adding new safety and security features to its platform, including gesture-less verification, crash-detection, and unusual-ride termination features, a company official said.
Grab Head of Integrity Wui Ngiap Foo said at an online briefing on Thursday that the company intends to introduce the platform’s new safety and security features…
