SEC strictly implements interest rate caps
Without regulation, some borrowers previously faced crushing repayment burdens, with effective interest rates soaring to triple digits annually.
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Daily TribuneTopic
Without regulation, some borrowers previously faced crushing repayment burdens, with effective interest rates soaring to triple digits annually.
· 3 min read
This is why ethical use, human oversight, and transparency are critical in guiding AI forward.
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The Bangko Sentral ng Pilipinas (BSP) clarified that the mandatory credit quota for micro, small and medium enterprises (MSMEs) under the Magna Carta has…
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BOGOTA, Colombia (AFP) — Colombia’s Constitutional Court on Friday ordered Meta to change its privacy policies after ruling that it trampled the freedom of…
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Data is more than just numbers — it drives development and is essential for democratic, inclusive governance. This is the core message of the newly released…
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Data drives development and is an effective policy-making instrument to bring about democratic and inclusive governance, according to the D4DAsia Synthesis…
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TACLOBAN CITY — The University of the Philippines Tacloban College (UPTC) is looking into a possible data breach involving its Learning Management System (LMS)…
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The ratio of non-performing loans (NPLs) in Philippine banks rose to 3.40 percent in July, the highest in eight months, from 3.34 percent in June, data from…
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DITO had already been implementing provisions consistent with the new law, particularly by offering connectivity and cybersecurity solutions to ISPs.
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Austria’s data protection authority said Friday that it has ordered YouTube to comply with European Union (EU) regulations and respond to requests by users for…
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‘Despite the media community’s recent reflections on the practices of some of its members, claiming media bias and spin to avoid answering questions will only…
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Stock markets fluctuated on Thursday as investors digested stronger-than-estimated US economic growth and record earnings at AI chip giant Nvidia.
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On social media platforms like Facebook and Reddit, tens of thousands of borrowers daily share distressing stories of harassment by collection agents.
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The orders also apply to the companies’ owners, operators, promoters, representatives, agents, and all other persons acting on their behalf.
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The police said their objective was to identify and intercept wanted individuals.
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The idea is simple and powerful: The more competition, the wider the reach, and the better the service.
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‘We now focus on lending in shorter terms – typically three to six months – and in smaller bite sizes, averaging around P25,000 to P30,000.’
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