The Philippine economy slumped 11.5% in the third quarter, slower than the 16.9% (revised) drop in the previous quarter. While the growth rate remains negative, from a quarter-on-quarter basis the economy has actually grown by 8%.
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno and Department of Finance Undersecretary Antonette Tionko dialogued with the business community on how to further advance e-payments adoption that was accelerated during the pandemic.
The forum is part of a project to help with digitalization, financial inclusion, and the transition to the New
Normal. The project aims to facilitate more public-private collaboration as well as accelerate the private
sector’s switch in everything from salaries, to benefits, to sales of goods and services between people,
businesses, and government, and, when it’s ready, to e-invoicing and e-receipts.
In the course of a week and a half, over 500 Pasig residents, students and workers from more than 60 organizations made their voices heard in the first AI-driven digital consultation in the Philippines. Apart from sharing their opinions on Open Streets, residents also raised concerns on traffic congestion and illegal parking through the voting platform.
MBC hosted a closed-door session with Former Supreme Court Justice Antonio Carpio to discuss the latest Philippine-China issues.