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PH Fintech Industry Urged to Make The Most of Surge in E-payments

PH Fintech Industry Urged to Make The Most of Surge in E-payments
lamudi.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lamudi.com.ph Daily Mail and Mail on Sunday newspapers.

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Clamor for immediate passage of CREATE bill

Published January 16, 2021, 7:00 AM
Multisectoral groups, comprising of 51 largest and widely-represented private sector associations, have urged for the immediate enactment of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill to boost market confidence, save jobs and provide instant relief to businesses’ suffering from the COVID-19 impact.
“We, members of some of the largest and most widely-represented private sector groups in the country, reiterate our strongest and unequivocal support for the immediate enactment of the CREATE Bill,” stated the joint statement.
Congress has been deliberating the CREATE Bill for three years already, but both Houses have a hard time reconciling their versions. ....

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Private sector groups reiterate call for immediate passage into law of CREATE bill

Private sector groups reiterate call for immediate passage into law of CREATE bill
By TED CORDERO, GMA News
Published January 15, 2021 1:10pm
Fifty-one of the country’s largest private sector and business groups on Friday called anew for the immediate passage into law of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill.
“We humbly request the Senate and the House of Representatives to move quickly and decisively to push CREATE forward and ensure its immediate enactment,” the groups said in a statement.
“We join the multisectoral call for the passage of this important legislative measure with urgency. After three years of deliberation, every day of delay comes at the risk of losing more jobs and hemorrhaging more investments,” the groups added. ....

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PH Bets on Cloud, AI, 5G as Key Drivers of Economic Growth Post COVID-19

Published December 19, 2020, 8:55 PM
The Philippines has positioned artificial intelligence (AI), the cloud, and 5G as building blocks of its post-pandemic economic recovery, propelling the growth of emerging sectors like edutech, fintech, and insurtech.
Discussions on “Fintech 2021 Philippine Outlook: The Key to Unlocking the Economy Post-COVID” have identified AI and the cloud as key technologies underpinning the future of legacy sectors like banking, education, and insurance. During this virtual forum organized by global tech leader Huawei Philippines Inc. on December 11, industry stalwarts and policymakers highlighted the potential of 5G to help drive sustainable economic growth and bridge the digital divide.
TOP LINE (L-R): Ida Tiongson, Panel Moderator; Teck Guan Neo, Huawei Cloud APAC Senior Director, Simon Wu, Huawei Cloud APAC CTO ....

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