Lawyer Cheloy Velicaria – Garafil: “I tendered my resignation as LTFRB Chairperson” GARAFIL — Lawyer Cheloy Velicaria-Garafil resigned as the chairperson of the Land Transportation and Franchising Regulatory Board (LTFRB). This, as she accepted the offer to help in the Office of the Press Secretary (OPS) as its Officer-in-Charge (OIC) and Undersecretary. In a statement, … Read more
BSP has issued the regulatory reporting standards for registered operators of payment systems. BSP — On Friday, the Bangko Sentral ng Pilipinas said that the central bank has issued the regulatory reporting standards for registered operators of payment systems (OPS). The regulatory reporting standards for OPS, according to the central bank, are in accordance with … Read more
LYKA promoted cashless and paperless gift-giving LYKA — The social media app sought to push the promotion of a cashless and paperless form of gift-giving to Filipinos. According to LYKA Global CEO Ryan Baird, the social media app was currently promoting its Giftcard in Electronic Mode (GEMs) and also pointed out that GEMs will be … Read more
BSP welcomed LYKA’s plan to apply as a payment system operator. LYKA — The social media platform‘s plan to register as a payment system operator got a positive response from the Bangko Sentral ng Pilipinas (BSP). In a statement released over the weekend, the Bangko Sentral ng Pilipinas said that the BSP welcomed the reported … Read more