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PERA HUB empowers OFW families with convenience, more options for remittances 

The Bangko Sentral ng Pilipinas recently posted a 3 percent increase in personal  remittances from Filipinos abroad, reaching $5.93 billion in February 2023 compared with...

Tower company boosts its co-location sites

EdgePoint Infrastructure, a leading ASEAN-based independent telecommunications infrastructure company, via its subsidiary, EdgePoint Towers Inc., has entered into a new partnership with Globe Telecom...

Strong policy support crucial to boost air transport capacity to meet growing demand—study

New research has underscored the urgent need for policy support to improve the Philippine air transport infrastructure, noting the sector’s serious limitations to meet...

BSP introduces modified minimum capital for Islamic banking units

The Bangko Sentral ng Pilipinas has approved the modified minimum capitalization requirement for conventional banks with Islamic banking unit (IBU).  This policy provides more...

Globe hands over 44% of telco towers to consortium

Globe on Friday handed over an additional 132 towers, mostly from the Visayas and Mindanao, to Phil-Tower Consortium Inc. (PhilTower), for about P2 billion.  With...

Just in

NFA boosts rice stocks, advances modernization at 54

The National Food Authority is ramping up rice procurement, distribution, and facility upgrades as it marks 54 years, with Agriculture Secretary Francisco P. Tiu Laurel Jr. affirming the agency’s vital role in steady, affordable rice supply for Filipinos.

NTC fines 3 Telcos over poor Metro Manila broadband service 

The National Telecommunications Commission (NTC) has launched enforcement proceedings against the country’s three major mobile network operators, imposing daily fines of P100,000 each over persistently poor mobile broadband performance in parts of Metro Manila.

UK Trade Minister visits Jollibee in BGC

UK Trade Minister Anas Sarwar visited Jollibee’s BGC Triangle Drive store in Taguig City this week, as part of his official trip to the Philippines.

East Asian languages catch fire in Indonesia

Indonesia ranks among Duolingo’s five fastest-growing global markets by daily active user growth, reflecting huge national demand for language learning. CEO Luis von Ahn confirmed this during talks with Indonesian creator Raditya Dika at Duolingo’s New York office, saying “We’re very interested in the Indonesian market” and highlighting plans to expand English, Chinese, Japanese, Korean and other language courses for local users.
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