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Senate President Francis Escudero said some provisions under the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) election code and implementing rules and regulation (IRR) violate the Constitution. In a press conference, Escudero said he aired his concern during his meeting with President Ferdinand Marcos Jr. and Executive Secretary Lucas Bersamin on Wednesday night. “I requested […]
IDFC First Bank reported a 73% drop in its September quarter standalone net profit at Rs 201 crore versus Rs 751 crore reported by it in the year ago period. However, the Net Interest Income (NII) grew 21% to Rs 4,788 crore in Q2FY25 versus Rs 3,950 crore in the year ago period. The earnings […]
tl;dr On June 21, 2024, the Ministry of Communications (“MoC”) issued a Gazette notification for enforcing certain sections of the Telecommunications Act 2023. Sections 1, 2, 10 to 30, 42 to 44, 46, 47, 50 to 58, 61 and 62 of the Act will go into effect from June 26, 2024. This post analyses, from […]