The Securities and Exchange Commission (SEC) has ordered seven online lending operators to cease operations after they were found to be operating without proper registration.
Globe Telecom has raised concerns over the “Konektadong Pinoy” Act, which lapsed into law on Aug. 24, warning that its current provisions could undermine cybersecurity, weaken regulatory safeguards, and unsettle the telecommunications industry.
Bukidnon representative Jonathan Keith Flores is pushing for tighter regulations on online gambling transactions, warning that the Bangko Sentral ng Pilipinas’ (BSP) proposed rules could leave senior citizens and other vulnerable groups at risk.
Launched on July 29, the Credit Risk Database Philippines Web-based Scoring System (CRDPh System) provides banks and other financial institutions (FIs) with a standardized tool for evaluating the creditworthiness of SMEs.
The Department of Economy, Planning, and Development (DepDev) and the Department of Information and Communications Technology (DICT) called the passage of the Konektadong Pinoy (KP) Act a game-changing reform that will provide affordable and universal Internet access across the country.
According to DICT, the data center will play a pivotal role in enhancing government operations, supporting business growth, and ensuring that communities across the country have access to reliable and resilient digital services.
The winning projects showcased how locally developed science and technology can provide practical, scalable solutions to urgent national challenges — from disaster response and healthcare to food security and sustainable materials.
The “Konektadong Pinoy” Act, a landmark measure aimed at revolutionizing Internet access across the Philippines, appears to have officially lapsed into law after Pres. Ferdinand R. Marcos Jr. took no action within the 30-day constitutional deadline.
House Bill No. 421, or the proposed Strategic Bitcoin Reserve Act, directs the Bangko Sentral ng Pilipinas (BSP) to purchase 2,000 Bitcoins annually over a five-year period, totaling 10,000 BTC.
