Posted inBusiness, Tech News

Maya launches digital banking service

After going beyond its e-wallet and payments services, PayMaya has officially rebranded itself to “Maya.” Its expansion includes the integration of digital banking and crypto trading. PayMaya CEO and founder Orlando Vea stated that the company aims to unleash the power of financial technology (Fintech), believing that this will benefit many Filipinos. In addition, Maya […]

Posted inGovernment, Tech News

Php52 billion Philippine Space Agency office to rise in New Clark City

The Philippine Space Agency (PhilSA) has clinched a deal to build its official site at the Clark Special Economic Zone (CSEZ). Per the space agency’s master development plan, their official site called PhilSA National Space Center is a 30-hectare land that consists of two areas: one measuring 2 hectares where the main office building will […]

Posted inGovernment, Tech News

BSP is creating a ‘Central Bank Digital Currency (CBDC)’ in the Philippines

The Bangko Sentral ng Pilipinas (BSP) announced on Wednesday its plan to launch a pilot project involving a central bank digital currency (CBDC). Officially called Project CBDCPH, the pilot project is meant to explore the viability of CBDC in large-value financial transactions. A CBDC is a digital token similar to cryptocurrencies, but instead of having […]