Business IT

Clients of Land Bank of the Philippines can now open a savings account using their mobile phone and without the need to go to a Landbank branch.

Electronics, which make up 61% of all exports, grew by 25% compared to March last year. DTI secretary Ramon Lopez attributed this growth to chip demand due to upgrades to IT systems, new smartphones, auto demand, and automation.

Globe Telecom CEO Ernest Cu made the statement in response to the comment made by PLDT and Smart Communications chair Manny V. Pangilinan that the country’s overall Internet speed is being “pulled down” by other broadband providers.

The Electronic Money Issuer (EMI) license from the Bangko Sentral ng Pilipinas (BSP) authorizes Bayad to deliver e-wallet services through its newly revamped mobile app.

Bangko Sentral ng Pilipinas governor Benjamin Diokno said the central bank is putting a cap on the initial set of digital banking players as it wants to observe first the operations of these entities.

Converge ICT is also linking the other islands in the Visayas region such as Panay, Negros, Leyte, and Bohol to its national backbone.

The fiber broadband firm has named Christine Renee Blabagno as deputy chief finance officer and lawyer Laurice Esteban-Tuason as corporate compliance officer.

Bangko Sentral ng Pilipinas governor Diokno said he wants the Philippines to become a digital-heavy, cash-light society to help achieve inclusive growth.

The internal mobile number portability (MNP) capability covers all postpaid to prepaid, prepaid to postpaid, and prepaid to prepaid customer movements within Globe and TM brands.

Issa Guevarra-Cabreira assumes her new role after Albert de Larrazabal, who has been nominated to Ayala Corporation as its new chief finance officer.