Sunday, June 7, 2026
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Business IT

BSP, SEC crafting policy to regulate online lending firms

Under the Lending Company Regulations Act, investors or entities that offer money for lending as a business need to incorporate and register with the SEC, while the BSP also has jurisdiction over lending firms because of its power to supervise activities like “credit granting,” which is essentially lending.

Globe rolls out credit card-free Facebook ads platform for MSMEs

With the Globe myBusiness Ad Creator, business owners can create content and charge their advertising expense directly to their Globe myBusiness Postpaid Bill which eliminates the need to own a credit card to pay for Facebook ads.

PayMaya, NGO group call for stronger digital financial ecosystem

A stronger digital financial ecosystem is needed to build our nationwide capability to swiftly respond to disasters and emergencies, executives of PayMaya and Oxfam say.

Common tower firms edotco and Isoc PH ink partnership pact

The partnership will be called ‘Isoc edotco Towers, Inc.’ and will see both partners businesses bringing their operational expertise and technological capabilities.

SEC approves equity restructuring of Now Corp.

The SEC also gave the go-signal for the reduction in its authorized capital via a lowering of the par value per share.

Most global firms see 5G will be used for Internet-of-Things

While use cases for 5G remain scarce, the technology is expected to cover 65% of the world’s population in 2024.

ICT investments in first 8 months soar to P308.8B from just P340M in 2018

Among the notable projects given the green light in August were the infrastructure project of ISOC Asia Telecom Towers that would build 25,000 cellular towers totaling P141.1 billion and the three-phase project of Philippines Fiber Optic Cable Network covering around 60,000 kilometers for an aggregate cost of P134.5 billion.

Aussie finance and tech firm taps local workforce to expand PH operations

Australia-based DBA Advisory, through its local outsourcing arm DBA Global Shared Services (DBA), is expanding its BPO operations in the country by employing the available talent pool in Central Luzon where its offices are located.

‘Futurist’ says 5G may not yet appeal to most consumers

The highly-touted 5G wireless technology may be gaining momentum globally but it does not have that “appeal” to consumers yet, according to a book author and "futurist".

PayMaya intros upgrade process via selfie and AI

Users who want to upgrade their accounts to unlock more features only need to provide the required information, submit a photo of their valid ID and a do video selfie for liveliness check.

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