The SEC has approved the guidelines allowing participation in corporate meetings through teleconferencing, video conferencing and other remote or electronic means of communications amid the Covid-19 lockdown.
Banks are urging the general public to utilize digital and online platforms for their payment requirements and inquiries as the government implements community quarantine to address the rise of Covid-19 cases.
Local telcos PLDT-Smart and Globe Telecom both announced on Sunday, March 15, that they are giving their postpaid subscribers a 30-day extension for payment of their bills.
The SEC said it will issue a memorandum circular to provide guidelines on the attendance and participation of directors, trustees, stockholders, members and other officers of corporations in regular and special meetings through remote communication.
Smart Padala by PayMaya, which is touted as the country’s largest mobile domestic remittance network, is intensifying its push to provide more digital financial services to the countryside as it launches its flagship stores that act as “digital hubs” across the country.
Dito committed speed of 27Mbps and the capability to cover at least 37,390,372 end-users in 7,425 barangays or over 37.03 percent of the population in the first year of their five-year roll-out.
Local operator Globe Telecom said it has successfully completed what is said was the first-ever international 5G video call in the country with the 5G mobile network of AIS Thailand.
The NTC said it has issued an order granting provisional authority to Newsnet, a company owned by businessman Mel Velarde, to operate pay-television and multi-media services in South Luzon, North Luzon, Visayas, and Mindanao.
