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Dec 15 2020 
How MSMEs can seize opportunity under the ‘New Normal’
The global economic impact of the pandemic that put it in a standstill has affected many business sectors, and in the Philippines the micro, small and medium enterprises are greatly affected given the fact that this sector is backbone of the economy.
The undeniable impact of the coronavirus pandemic and the varying degrees of quarantine measures…
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Dec 15 2020 
PHL finishes in lower half of rankings for digital readiness
THE PHILIPPINES was ranked towards the lower half of a 90-country study on digital infrastructure quality, according to a study conducted by Tufts University in Massachusetts and Mastercard, Inc.
The study, Digital in the Time of COVID, classified the Philippines as among those countries that need to “reduce its infrastructure friction for better digitalization.” It ranked…
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Dec 15 2020 
‘Fintech tools can be used for data for green financing’
THE financial technology (fintech) sector can leverage its tools to collect climate-related data in line with the country’s initiative of promoting sustainable financing, a fintech group said.
FintechAlliance.ph Chairman Angelito M. Villanueva told the BusinessMirror that the fintech industry can help in coming up with the valuation of climate-related risks for green financing.
“We can play a…
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Dec 15 2020 
BSP OKs new regulatory relief for savings and loan associations
THE BANGKO Sentral ng Pilipinas (BSP) will allow non-stock savings and loan associations (NSSLAs) to include accrued interest on some loans in their 2020 net profit, for the purpose of income distribution to members, as a way to extend relief to the industry during the pandemic.
Memorandum No. M-2020-088 signed by BSP Deputy Governor Chuchi G.…
