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Jan 26 2021 
DTI to ensure compliance of firms with health protocols
The Department of Trade and Industry (DTI) is focusing on efforts to improve the compliance of business establishments with minimum health protocols to raise consumer confidence.
Trade Secretary Ramon M. Lopez on Tuesday said the DTI respects the decision of President Duterte’s to raise the age restriction back to 15 years old. The Interagency Task Force…
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Jan 26 2021 
BSP tightens watch on VASPs
THE CENTRAL BANK has tweaked its regulations to cover more types of virtual asset service providers (VASPs) and better guard against risks amid the heightened use of these services.
“This is in line with the thrust of the Bangko Sentral to promote financial innovation while remaining sensitive to the attendant risks. The said guidelines amended the…
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Jan 26 2021 
Slower recovery seen for PHL this year
THE Philippines will likely see a slower pace of recovery this year, as the International Monetary Fund (IMF) and a United Nations (UN) think tank trimmed their growth forecasts amid uncertainty over the vaccine rollout and continued restriction measures.
The IMF cut its gross domestic product (GDP) forecast for the Philippines to 6.6% this year, from…
