The new process is expected to speed up the crediting of funds to depositors? accounts from the current three to five banking days to only one banking day.
Senate President Aquilino "Koko" Pimentel said that aside from preventing unscrupulous individuals and criminals in using pre-paid SIM cards in their illegal activities, the registration will also enhance government monitoring and collection system on the telcos.
The DOST technology transfer program serves to implement R.A. No. 10055, which is aimed at commercializing the various technologies already developed and those to be developed later.
Local operator PLDT, through its enterprise digital enabler ePLDT, is expanding its commercial data center operations in Cebu with the construction of a second Vitro facility in Mandaue City.
The stiffer rules implemented by Pagcor have already caused the revocation of 197 gaming licenses. The revoked licenses include non-compliant e-Bingo sites (120), e-Games sites (40), Instawin sites (3), and 16 hybrid sites (combination of e-Games and Instawin), among others.
Sen. Sherwin Gatchalian has urged Pres. Rodrigo Duterte to certify as urgent a measure which mandates the registration of prepaid SIM cards, saying this would help curb the increasing number of text message bomb threats.
Nissan Philippines Inc. (NPI) has announced the six Filipinos ? which included a lone woman -- who qualified to compete in the Nissan GT Academy Race Camp Week in Silverstone United Kingdom.