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Philippines eyeing Gulf region for new players in Islamic banking sector

The Bangko Sentral ng Pilipinas (BSP) is increasing its Islamic finance experts and personnel to promote Islamic banking in the country and encourage investments in Islamic finance products.

An Islamic bank based in Turkey is exploring ways to put up a subsidiary or unit in the Philippines and could possibly be the first foreign bank to go into Islamic finance here, according to a central bank official.Bangko Sentral ng Pilipinas (BSP) Deputy Governor Chuchi G. Fonacier said late Friday

PROGRESSIVE MEETING. President Rodrigo Duterte (center, seated) and members of the Intergovernmental Relations Body meet at Malacanang Palace on Thursday (June 16, 2022). Composed of officials of national government agencies and the Bangsamoro government, they discussed the gains of the comprehensive peace process in the region. (Photo courtesy of OPAPRU) MANILA - The recent report released by the Intergovernmental Relations Body (IGRB) reflected the fulfilled promises of President Rodrigo Duterte to sustain the gains of the comprehensive peace process in the Bangsamoro region. The IGRB is com...

ASUS Global designates JKOA as their authorized dealers in Sri Lanka John Keells Office Automation (Pvt) Ltd. (JKOA), the nation’s leading provider of office automation solutions has partnered with ASUS, the leading multinational company known for the world’s best motherboards, PCs, laptops, notebooks, monitors, graphics cards and routers. ASUS with over 16000 world-class employees and around 5000 R&D teams diligently working towards novel innovations and advanced technology has indeed gained itself a world-renowned recognition for their contribution towards the advancement of the digita...