MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) on Thursday announced that it will stop accepting new applications for digital bank licenses on December 1, 2025.
The BSP said in a statement that the move follows the Monetary Board’s approval of a moratorium on digital bank licensing on September 18.
The moratorium will remain in effect until further notice.
MANILA, Philippines – Megawide Construction Corp. has raised its dividend allocation ceiling to 50 percent of its net income the previous year amid expectations of its profit tripling by 2027. The company led by tycoon Edgar Saavedra on Monday said in a disclosure that its board of directors had increased the maximum allowable dividend cash
University of the Philippines got the rude awakening its coach feels it needed over the weekend, when the Fighting Maroons were mangled black-and-blue by possibly one of the biggest threats in Season 88 of the UAAP men’s basketball tournament. Adamson, meanwhile, got the validation that it can play with the powerhouses, and the Soaring Falcons
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