Business IT

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.

PLDT Home Biz recently introduced its latest Asenso Fiber Plans, which features digital solutions tailor-fit to the needs of home-based entrepreneurs.

GOtyme, a joint venture between the Gokongwei Group and Singapore-headquartered digital banking group Tyme, is expected to launch in the second quarter of 2022.

Mobile users in the country racked up an impressive 149 Mbps when connected to 5G, which is 10.2 times faster than the 14.6 Mbps seen on 4G.

The facility, located at the upper ground floor of One Felicity Center (OFC) along Commonwealth Avenue in Quezon City, will remain open during the enhanced community quarantine from August 6 to 20 for applicants who cannot process their applications online.

BSP governor Benjamin Diokno said Lyka executives have expressed their willingness to register the company with the central bank.

Small businesses looking to restart their operations during the pandemic may apply for interest-free, collateral-free government loans by creating an account at www.BayanihanCARES.ph.

Officials said RED Fiber does not intend to compete with current broadband providers such as PLDT, which is a sister firm under the MVP Group.

By tapping VST-ECS to hasten the adoption of its cloud native database business, Yugabyte is aiming to bridge the gaps of traditional databases for digital services in the country.