BIZ BUZZ: Bancnet-PCHC merger finally cleared

After undergoing a thorough scrutiny by the country’s antitrust guardians, the merger between electronics payment network Bancnet Inc. and payments system service provider Philippine Clearing House Corp. (PCHC) is ready to see the light of day. The Philippine Competition Commission (PCC) has yet to announce it, but based on a document we’ve seen, the commission
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