Sri Lanka has carried a promising prospect of going digital to cater easily accessible, sophisticated yet simple, robust, and reliable services to the general public to foster convenience. The 21st century has given enough evidence towards digitalization
Sri Lanka has carried a promising prospect of going digital to cater easily accessible, sophisticated yet simple, robust, and reliable services to the general public to foster convenience. The 21st century has given enough evidence towards digitalization
The Department of Finance (DOF) lauded the Securities and Exchange Commission (SEC) for making significant strides in improving the ease of doing business in the Philippines through its digital transformation. In his report to DOF Secretary Carlos G. Dominguez III, SEC Chairperson Emilio B. Aquino
SEC chairman Emilio Aquino MANILA - The Securities and Exchange Commission (SEC) has collected PHP119.07 million in fees and penalties, or an average of PHP11.9 million per month from March 2021 to January of this year, through its web-based system that allows cashless payment of business registrations, fees, and other charges. SEC chairman Emilio Aquino said the fees and other charges collected through the Commission's Electronic System for Payments to SEC (eSPAYSEC) involved 16,898 transactions from the time the project was first implemented on March 1, 2021 up to Jan. 26, 2022. Aquino said the eSPAYSEC allows the online payment of fees, penalties, and other charges using debit and credit cards, digital wallets, and other cashless payment options. Another SEC initiative under Aquino -the Electronic Filing and Submission Tool (eFAST) that covers the online submission of the audited financial statement (AFS), general information sheet (GIS), and other reportorial requirements of bu