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Feb 02 2021 ‘Probe violators of debt moratorium order’
THE Vice Chairman of the Senate Committee on Banks, Financial Institutions and Currencies asked monetary authorities to investigate financial intermediaries defying the debt moratorium order issued by the Bangko Sentral ng Pilipinas (BSP).
Senator Sherwin T. Gatchalian reminded that the BSP, being the country’s regulator of the banking industry, is mandated to “ensure that banks and…
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Feb 02 2021 PH needs to boost economic recovery, bring in more foreign investors
Following the gradual opening of the economy in the Philippines across all industries and the availability of various coronavirus vaccines, the business sector and other stakeholders look forward to a better 2021.Highlighting the need to ramp up economic recovery and bring in more foreign investors, the 3 hours 2021 Virtual Economic Outlook spearheaded by the…
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Feb 02 2021 PH records rise in digital payments in 2020, indicates robust eCommerce
It is undeniable that the pandemic has compelled people to adopt a safer, faster, and contactless transaction to abate the spread of COVID19. This also led to the phenomenal growth of the eCommerce business in the country based on the report of the Department of Trade and Industry.Read related story:
As the economy is gradually opened…
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Feb 02 2021 RCBC bags another international award for digital innovation
The digital financial inclusion efforts of Rizal Commercial Banking Corporation’s (RCBC) did not go unnoticed since it launched its DiskarTech super app last July 2020, as they are recognized in the 2020 ASEAN Enterprise Innovation Awards.
The Singapore-based award-giving body, Asia IoT Business Platform (AIBP), cites organizations from Southeast Asia that have embarked on the digital transformation…
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Feb 02 2021