Business

BSP: Open finance to promote digital transformation and financial inclusion

The Open Finance Roadmap 2021-2024 will boost digital transformation and stakeholder cooperation towards enhanced financial inclusion in the Philippines, according to the Bangko Sentral ng Pilipinas (BSP). “The roadmap outlines priority actions,...

NEDA bares three priority areas for public-private sector collaboration on PH economic recovery

The government and the private sector need to collaborate to help improve the prospects for economic recovery, increase productivity in the country, and respond to climate change, said the National Economic...

RCEP to boost PH digital economy and BPO sector

With the implementation of the Regional Comprehensive Economic Partnership (RCEP) Agreement early this year, the legal and institutional regime for the ten-member states of the Association of Southeast Asian Nations (ASEAN),...

BOC files 166 criminal, admin cases against importers, customs brokers in 2021

In pursuit of transparency and border security, the Revenue Collection Monitoring Group (RCMG), through the Bureau’s Action Team Against Smugglers (BATAS) of the Legal Service, intensified its action against erring importers...

PH stocks gauge slips anew, peso follows

MANILA – Profit-taking ahead of the holidays resulted in another decline in the Philippines’ main equities index on Wednesday (Dec. 22) and the peso followed after slipping to the 50-level against the US dollar.

PEZA woos Dubai businesses to invest in PH

MANILA – The Philippine Economic Zone Authority (PEZA) has invited businesses in Dubai to consider locating their next investments in the Philippines.
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