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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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DHL opens Redemptorist LRT hub for commuters 

Corporate Bulletins 0
Global logistics firm DHL Express has opened a new service point at Manila Light Rail Transit Line 1’s Redemptorist Station, strengthening its push to bring international shipping closer to Metro Manila’s daily commuters and small businesses.

PCC clears Avon–Natura deal, sees calm competition

Lifestyle 0
The Philippine Competition Commission (PCC) has cleared the proposed...

Megaworld sells MREIT shares, raise fresh capital

Corporate 0
Megaworld Corp., the property development arm of billionaire Andrew Tan, raised fresh capital after selling a portion of its holdings in real estate investment trust, MREIT Inc., through a block sale that raised P945 million.

PCCI weighs 4-day workweek’s uneven economic effects

Economy 0
A four-day compressed workweek could deliver meaningful savings for Filipino workers, but the policy may also dent earnings in the country’s public transport sector, according to the Philippine Chamber of Commerce and Industry (PCCI).

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