ALI, TEL, PPMI

1. Ayala Land, Inc. (ALI) will start construction of integrated terminal exchange inside FTI compound. It will accommodate 4,000 buses and 160,000 passengers daily. It will be connected to PNR FTI station and proposed subway system. It will cater all provincial buses plying the south of Luzon, Visayas and Mindandao destinations.

Notes: This area already have heavy traffic. Will they remove bus terminal all along the EDSA? 

2. The DOLE resolution ordered PLDT to regularize 7,416 employees and pay P66.3 million worth of claims. 

Notes: All the bad news for TEL nowadays. will they bring it to the court? It will be another burden if they regularize them. 

3. The Bangko Sentral ng Pilipinas (BSP) has entered into a memorandum of agreement (MOA) with the Philippine Payments Management, Inc. (PPMI) The PPMI will be self-governing, with banks, e-money issuers, and financial technology firms policing their ranks in facilitating digital fund transfers. BSP will provide continuing guidance to PPMI for alignment of its policies, standards and rules with the NRPS (National Retail Payment System) framework and the PPMI undertakes to ensure proper implementation of the NRPS principles through its policies, strategies and rules.

Notes: a clearing house for e-payment? what does it mean? is it a payment gateway?