DBM, Malaysia pursuing Halal fintech

THE Department of Budget and Management (DBM) said it is exploring joint initiatives with Malaysian envoy on Halal financial technology (fintech) and the digitalization of the Philippines’ budgeting system.

Budget Secretary Rolando U. Toledo met Malaysian Ambassador Abdul Malik Melvin Castelino in a courtesy call on Feb. 16 at the DBM Central Office, it said in a social media post on Monday.

The officials discussed deepening the countries’ collaboration on public financial management capacity development in the Bangsamoro Autonomous Region in Muslim Mindanao.

Apart from this, they also convened about supporting the Halal industry, tourism, open and digital governance, and the growth of micro, small, and medium‑sized enterprises.

Embassy of Malaysia in the Philippines Deputy Chief of Mission Norjufri Nizar Edrus, First Secretary Tan Foo Koeng, Trade Attaché Azlina Che Dir, and Tourism Attaché Mohd Faizal Sharip also joined the meeting. — Aubrey Rose A. Inosante