FinTech visionary to Tax & Investment Leaders: Collaboration is a must

Fintech Alliance PH Founding Chairman Lito Villanueva shares his insights in a panel discussion about online transactions and taxation in the digital economy during the 2024 International Tax Investment Conference.The Founding Chairman of FinTech Alliance.

Lito Villanueva spotlighted the Philippines’ rise in the 2023 Network Readiness Index during a discussion on Online Transactions and Taxation in the Digital Economy. Among three ASEAN countries to improve its ranking, the Philippines advanced two spots from 71st to 69th globally. Villanueva attributed this progress to the robust gig economy, increased ICT services exports, and the expanding e-commerce sector.

Joining Villanueva on the panel were Department of Trade and Industry Undersecretary Mary Jean Pacheco, Blockchain Council of the Philippines President Dr. Donald Lim, Spanish Chamber of Commerce and Industry Legal Counsel and Corporate Secretary Atty. Mark Tiaoqui, and European Chamber of Commerce and Industry Tax and Financial Services Committee Vice Chairperson Atty. Alden Labaguis.

Villanueva urged tax and investment leaders to prioritize collaboration and technological advancement, shaping both Philippine and global economies’ future. Drawing from his 20+ years of expertise in digital transformation and financial inclusion, he emphasized the need for business-conducive environments that prioritize financial inclusivity for Filipinos.

“As digital payments and e-commerce surge, we bear the responsibility to adapt to these technological advancements while ensuring a safe and regulated environment grounded in financial inclusivity. Collaboration is key—a unified effort is essential for our digital economy’s rapid growth, leveraging diverse channels and opportunities for progress,” Villanueva emphasized.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mayor Abby: Investment in education key to Makati City’s ‘exceptional’ PISA showingMakati City’s investment in innovative and inclusive learning interventions before and during the pandemic paid off following the recent “exceptional” performance of Benigno Ninoy Aquino High School (BNAHS) in the 2022 Program for International Student Assessment (PISA).
Source: BusinessMirror - 🏆 19. / 59 Read more »

Biden to send 'high-level' trade and investment mission to PHUS President Joe Biden will be sending 22 'high-level executives' in a trade and investment mission to the Philippines on Monday.
Source: gmanews - 🏆 11. / 68 Read more »

22 American firms joining investment, trade mission to PHDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »

US top-level execs to visit PH in trade, investment missionDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »

President Ferdinand Marcos Jr. Secures $1.53 Billion Investment Agreements in AustraliaMalacañang said the government secured $1.53 billion in investment agreements during President Ferdinand Marcos Jr.’s trip to Australia. The agreements, which amount to P85.7 billion when converted, are in the areas of renewable energy, recycling, and health, among others.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Filipinos urged to invest in retail treasury bonds for cheap investment opportunitiesFinance Secretary Ralph Recto is urging Filipinos to invest in the 30th tranche of the Bureau of the Treasury’s Retail Treasury Bonds (RTB 30) in a bid to promote cheap investment opportunities and help the government fund its priority projects.
Source: rapplerdotcom - 🏆 4. / 86 Read more »