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BDO’s Nestor V. Tan headlines BANCNET board directors

The shareholders of electronic banking consortium BancNet have elected new directors to its board during their annual meeting held 18 June 2024.

Ride hailing firm, now LTFRB-compliant, bares superior transaction charges than rivals

Global ride-hailing service provider inDrive on Friday announced a sharply divergent and superior commission charge than the 23 percent levied by its rivals against their driver partners in Metro Manila and its environs at the moment.

BSP steadies hands on key policy levers six meetings in a row

The Bangko Sentral ng Pilipinas (BSP), noting that inflation already approximates the midpoint of the target 2 to 4 percent range, kept its benchmark interest rate at 6.5 percent. 

MPIC subsidiary proposes linking China-funded bridge project in a P40-B expressway plan

The Cavitex Infrastructure Corp. (CIC), a subsidiary of the Metro Pacific Investments Corp., is planning to build a P40 billion expressway connecting the Cavite Laguna Expressway (Calax) to the proposed Bataan-Cavite Interlink Bridge (BCIB) project.

PH faces SIM registration challenges amid rising cybercrime threats

As the SIM Registration Act approaches its second year, the Cybercrime Investigation and Coordinating Center reports that approximately 54 million SIM cards, or 32 percent of those in circulation, remain unregistered.

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