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Mar 22 2021 Solon seeks interest-rate cap on consumer loans
A deputy speaker is calling for the immediate passage of a bill seeking to put an interest rate cap on credit card and consumer loans offered by banks and other financial institutions.
House Deputy Speaker Bernadette Herrera-Dy issued the call as she backed the passage of House Bill (HB) 7967 filed by Bataan Rep. Geraldine B.…
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Mar 22 2021 Startups to be granted registration exemptions
STARTUPS may soon be exempted from some business registration processes as the government develops new programs to support new businesses.
Various government agencies including the Anti-Red Tape Authority are working on a memo that will exempt startups from some business permit requirements, Trade Secretary Ramon M. Lopez said in an online event on Monday.
The government has…
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Mar 22 2021 UnionBank to Enable Digital Payments for the Supreme Court
The Supreme Court of the Philippines (SC) signed a Memorandum of Agreement with Union Bank of the Philippines (UnionBank) for the bank to develop an ePayment solution for the Judiciary.
The Judiciary ePayment Solution will involve an application designed to provide the courts the options to receive fees and payments digitally from litigants, their counsels, and representatives in…
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Mar 22 2021 Smart to roll out more than 90 fuel cell-powered sites
SMART COMMUNICATIONS, Inc., the wireless arm of PLDT, Inc. said that it will be rolling out over 90 fuel cell-powered sites across the country by the second quarter this year, in partnership with a Denmark firm.
In a press release, Smart said that it will be unveiling the green cell sites in off-grid and “grid-challenged” areas…
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Mar 22 2021 Digital payments bill gets approval on 2nd reading
THE House of Representatives on Monday approved on second reading a bill promoting the use of digital payments for financial transactions in the country. Through viva voce voting, lawmakers approved House Bill (HB) 8992 or the “Promotion of Digital Payments” Act.
Bataan Rep. Jose Enrique S. Garcia III, sponsor of HB 8992, said there are currently…