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Apr 12 2021 
SquidPay eyes digital bank joint venture with AbaCore subsidiary
FINANCIAL TECHNOLOGY player SquidPay Technology, Inc. is looking to form a joint venture firm with Philstar Development Bank, Inc. to enter the country’s digital banking sector.
Squidpay is looking to invest up to P900 million to buy 60% of shares in the Batangas-based Philstar Development Bank to push the planned joint venture, AbaCore Capital Holdings, Inc.,…
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Apr 12 2021 
SEC extends deadline for submission of 2020 annual reports
THE SECURITIES and Exchange Commission (SEC) has extended the deadline for 2020 annual reports by a month.
In a memorandum circular uploaded on the SEC website, the corporate regulator said the deadline for audited financial statements for the calendar year ending Dec. 31, 2020 had been moved to May 17, 2021 from April 15, 2021.
The circular…
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Apr 12 2021 
Vaccination key to recovery — Diokno
MASS VACCINATION will be key to the Philippines’ economic recovery, which is seen by 2022, according to Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno.
“Inaasahan namin na makakabawi din tayo, siguro sometime in 2022, makakabalik tayo doon sa where we were before, in 2019 at ’yun naman ay nakabase rin sa kung gaano kabilis natin madedeploy ’yung vaccination (We expect…
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Apr 12 2021 
MultiSys, APPEND launch financial app to benefit 8.5 million microfinance members
Leading software solutions company Multisys Technologies Corporation and microfinance group APPEND launch AppendPay, an online system, and mobile application that will ease business processes and create seamless transactions for APPEND’s 8.5 million participating microfinance members.
AppendPay aims to expedite the process of approving and disbursing microfinancing of its members. Apart from providing them with a convenient…
