-
Nov 22 2020 Philippines is poised to be Asia’s next big tech hub as discussed in the 1st World FinTech Festival
The Philippines is set to showcase its best financial technology (fintech) practices to an international audience and cement its global digital footprint in the five-day virtual World Fintech Festival (WFF) on December 7-11. Previously presented as the Singapore Fintech Festival (SFF) in past years, this year’s WFF shall spotlight key executives and decision-makers from different…
-
Nov 22 2020 BSP likely to keep dovish stance
THE Philippine central bank would probably remain dovish and might cut benchmark interest rates again next month and in the next quarter as the recovery outlook remains uncertain, analysts said.
“If the pace of economic recovery continues to underperform official forecasts, as we expect in the near term, then policy rate cuts will be warranted,” Nomura…
-
Nov 22 2020 Gov’t told to expand digital tax foothold
THE government should look at digital payment systems that can cover cross-border transactions to widen its digital tax base, according to the National Tax Research Center (NTRC).
Long-standing issues such as poor internet connection and the lack of infrastructure should also be addressed, the state think tank said in a recent study.
The center urged the country’s…