Tag: OFB

Dominguez urges BSP to “check” regulations that “stymie” e-commerce growth in PHL

Suggests transforming OFW bank into “virtual bank” with zero physical branches (Eagle News) – Finance  Secretary Carlos Dominguez said he has coordinated with the Bangko Sentral ng Pilipinas so it could “check” all its regulations that “stymie the growth of electronic commerce in the country.” In a statement on Monday, Dominguez revealed he made the coordination with BSP Deputy Governor Maria Almasara Cyd Amado, as he gave a push for the use of digital technology […]