The approved guidelines set out the supervisory expectations of the Bangko Sentral ng Pilipinas with regard to corporate and risk governance of digital banks as well as the applicable prudential regulations on capital, leverage, and liquidity.
Globe announced on Tuesday, Sept. 27, that it has completed the first closing with 800 towers out of the 3,529 towers to be acquired by common tower operator Frontier Towers for a cash consideration of P10 billion.
National Economic and Development Authority (NEDA) director-general Arsenio Balisacan has stressed the need for the government to transform its own processes so that Filipinos can more easily access and avail of the public services.
The Express and Western routes connecting Luzon, Visayas and Mindanao will be ready by December this year and the remaining Eastern routes will be completed by April 2023.
According to PLDT Global president and CEO Albert Villa-Real, the hyperscale business is a game-changing opportunity not just in the Philippines, but on a global scale.
The Bangko Sentral ng Pilipinas (BSP) said the combined value of PesoNet and InstaPay transactions went beyond P5.37 trillion during the first seven months of 2022, a 43-percent increase from the values recorded during the same period last year.