DOF affirms investment in digital economy, fintech

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The Department of Finance (DOF) said the government remains committed to invest in the digital economy, underscoring the valuable role of technology in finance.

The Department of Finance said the government remains committed to invest in the digital economy, underscoring the valuable role of technology in finance.

During the recent Digital Banking Asia Conference, Diokno shared that the government advocates the rapid adoption of fintech, recognizing that the digital transformation of the country’s financial systems will lead to greater financial inclusion and opportunities. The Bureau of Customs worked with the United Nations Economic and Social Commission for Asia and the Pacific to establish a national action plan for cross-border paperless trade.

Digital banks are on the rise with the Bangko Sentral ng Pilipinas developing a digital financial marketplace model.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in CA

Canada Canada Latest News, Canada Canada Headlines

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

Half of Filipinos support Maharlika Investment Fund Bill — surveyHalf of Filipinos support the proposed Maharlika Investment Fund—a wealth fund that the government can use for investments, a recent nationwide survey conducted by big data research firm Tangere found.
Source: manilabulletin - 🏆 25. / 51 Read more »