BSP approves 11 bank branches in Q3
BANGKO SENTRAL NG PILIPINASTHE BANGKO SENTRAL ng Pilipinas (BSP) approved a total of 11 regular bank branches in the third quarter.The Monetary Board approved applications for new banking offices of three banks in the third quarter, with two being universal
AI agents paving the way for a new era of productivity in the Philippines
By David IreckiTHE PHILIPPINES, a nation brimming with potential, is facing a productivity challenge. While the labor force is undeniably talented, it is experiencing an efficiency gap compared to its Association of Southeast Asian neighbors. The country’s productivity per worker
PSE hikes max listing fee to P3.5M
REUTERSTHE Philippine Stock Exchange (PSE) has increased the upper limit of the annual listing maintenance fee by P1.5 million to P3.5 million.In a notice posted on its website, the market operator said the new rate would take effect on Jan.
Islamic finance
FREEPIKWhen I began my career as a reporter for BusinessWorld more than 30 years ago, I was assigned to the Banking beat under Gert Chavez after a brief stint in Research with Dick Puig. Coming from a background in Political
Regulation of Philippine crypto service providers may encourage adoption
BW FILE PHOTOBy Revin Mikhael D. Ochave, ReporterA PLAN by the Securities and Exchange Commission (SEC) to regulate cryptocurrency asset service providers in the Philippines could boost investor protection and entice more Filipinos to adopt the digital currency, analysts said. “This