The Securities and Exchange Commission (SEC) has advised the public against investing in Lodi Coins, a supposed virtual currency offered on social media without the necessary licenses from regulators.
Business process outsourcing (BPO) firm TDCX formerly known as Teledirect and now a listed company on the New York Stock Exchange (NYSE), informed the local media of its decision to further expand its footprint in the Philippines following the formal opening of its sixth hub located in Iloilo.
Ayala-owned telco Globe will no longer be using the word “Telecom” in its trade name and marketing collaterals as it transitions to a digital solutions provider and veer away from its core telecommunications business.
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.
