Benjamin Diokno Says Digitalization Can Improve Tax Collection In PH

BSP Governor Benjamin Diokno

Benjamin Diokno: “We have room for better tax collection using technology.” BENJAMIN DIOKNO — On Monday, the incoming Finance Secretary said that digitalization can improve the Philippines’ tax collections and can generate more revenues. Diokno, who is also the outgoing Bangko Sentral ng Pilipinas (BSP) governor, told ANC that making tax payments user-friendly will help … Read more

BSP: Digitalization Seen To Ease Inflation In PH “In Long Run”

BSP

Digitalization was seen to ease inflation in the Philippines “in the long run”, according to BSP. BSP — On Tuesday, the Bangko Sentral ng Pilipinas said that digitalization was seen to ease inflation in the country “in the long run”. The central bank said that the wider adoption of digital payments in the Philippines was … Read more

BSP “Confident” In Hitting Digitalization Targets Ahead Of 2023

BSP

The BSP was “confident” in hitting its digitalization targets ahead of 2023. BSP — On Tuesday, the Bangko Sentral ng Pilipinas said that it was “confident” it can achieve its digitalization targets ahead of 2023. Under the central bank’s Digital Payments Transformation Roadmap (DPTR), the BSP aimed to digitize at least 50% of retail payments … Read more