A large number of major business organizations, which are pushing for government transparency and ease of doing business in the country, have expressed concern over calls by the Ombudsman to abolish the Anti-Red Tape Authority (ARTA), which is mandated under a law to facilitate ease of doing busines
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CRYPTOCURRENCY-exchange platform Binance (Services Holdings) Ltd. announced it recently appointed a cybercrime expert to lead operations of its intelligence and investigations division in Asia Pacific. The announcement came nearly two months after the Securities and Exchange Commission’s Enforcement and Investor Protection Department (EIPD) cautioned the public not to invest in…
THE Bangko Sentral ng Pilipinas (BSP) is promoting targeted digitalization efforts to ensure the continued recovery of microfinance institutions (MFIs) from the pandemic, BSP Governor Felipe M. Medalla said during the 2022 annual conference of the Microfinance Council of the Philippines Inc. (MCPI) last August. In a statement issued last…
THE National Telecommunications Commission (NTC) said on Wednesday it has exceeded its collection target by almost a fifth for the year, as it doubled down on remittance enforcement. A statement quoted NTC Commissioner Gamaliel A. Cordoba as saying the agency has collected P6.63 billion as of September 27. This figure…