The SEC said it will issue a memorandum circular to provide guidelines on the attendance and participation of directors, trustees, stockholders, members and other officers of corporations in regular and special meetings through remote communication.
Smart Padala by PayMaya, which is touted as the country’s largest mobile domestic remittance network, is intensifying its push to provide more digital financial services to the countryside as it launches its flagship stores that act as “digital hubs” across the country.
Dito committed speed of 27Mbps and the capability to cover at least 37,390,372 end-users in 7,425 barangays or over 37.03 percent of the population in the first year of their five-year roll-out.
Local operator Globe Telecom said it has successfully completed what is said was the first-ever international 5G video call in the country with the 5G mobile network of AIS Thailand.
The NTC said it has issued an order granting provisional authority to Newsnet, a company owned by businessman Mel Velarde, to operate pay-television and multi-media services in South Luzon, North Luzon, Visayas, and Mindanao.
The Anti-Red Tape Authority (ARTA) said the National Telecommunications Commission (NTC) failed to issue the certificate of public convenience within the period required by law.
PayMaya said it will also be soon enabling the BIR with a capability to accept payments from PayMaya users using only their mobile numbers through the BIR website, as well as a facility to allow Filipinos to pay taxes using any credit, debit, or prepaid card.
BSP Center for Learning and Inclusion Advocacy managing director Pia Bernadette Roman-Tayag said fintechs are helping people in their everyday lives, there is a need to “look past the hype and constantly discern whether they have the real potential to solve financial inclusion problems and the real pain points that lead to inclusion.”
The electronics sector comprised of 56.9% of total exports, with non-electronic products making up the remaining 43.1% at $30.3 billion, according to the Department of Trade and Industry (DTI).
