The Securities and Exchange Commission (SEC) has launched a new feature in its online company registration system that will allow applicants to complete the process in one day.
Category: Business I.T.
Stratpoint’s partnership with nOps, an AWS Advanced Technology Partner, enables the former to execute AWS infrastructure assessments like the AWS Well-Architected Framework Reviews, at a much shorter turnaround time. This process enables customers to identify and remediate high-risk issues (HRIs) with an architecture that can fullr leverage AWS technology.
To cater to the growth of the courier and e-commerce business, the company said 2GO Express has invested in new technologies such as automated sorting machines in its hub facilities that can process more than 140,000 parcels a day.
Exports were primarily driven by increased global uptake of semiconductors, electronic data processing products, consumer electronics, and telecommunication products.
DTI secretary Ramon Lopez noted that while the manufacturing sector was severely impacted by the pandemic in 2020, it is now leading the economy’s recovery from a recession.
Although the pandemic has paved the way for the rise of electronic payments, the lockdowns imposed by the government are taking a big toll on the local credit card industry.
The total loan package from Landbank will also include an additional short-term loan line as well as a facility for its trade transactions amounting to up to P2 billion.
Kelvin Lester K. Lee, supervising commissioner of the SEC’s Philifintech Innovation Office (PIO), said regulators have a crucial role in managing the benefits and risks associated with fintech.