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E-money issuers have 1 year to comply with capital, liquidity threshold

Banking & Insurance Context.ph Context.ph -
Electronic money issuers (EMIs) are now required to comply with minimum capital and liquidity requirements amid the rising incidence of information technology-related risks and to better protect the interests of account holders, according to the Bangko Sentral ng Pilipinas (BSP).

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Philippines free trade push expands global reach

Trade & Investments 0
The Philippines is accelerating its free trade strategy, aiming to strengthen competitiveness and unlock new markets for local industries, Trade Secretary Cristina Roque announced at the ASEAN Business Environment Forum in Taguig City.

DITO launches new mobile authentication system replacing OTP

Communications & Technology 0
DITO Telecommunity has introduced the country’s first Silent Network Authentication (SNA) service, a new security system that aims to replace the traditional SMS-based One-Time Password (OTP) used in many online transactions.

Marcos urges readiness as AI shifts loom

Communications & Technology 0
President Ferdinand R. Marcos Jr. is ringing the alarm on artificial intelligence after a high-level sit-down with JPMorgan Chase leaders in New York. The discussion, he said, highlighted the urgent need for governments and businesses to brace for AI-driven disruptions in economies and labor markets.

DA sets rules for importing 250,000 metric tons of fish

Agriculture 0
The Department of Agriculture (DA) has released guidelines for the importation of up to 250,000 metric tons of frozen fish and aquatic products to help ensure enough supply in the country.

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