MANILA, April 1 (Reuters) – The World Financial institution on Monday minimize its economic development forecasts for the Philippines for this yr and next resulting from a delay in the 2019 price range approval and a slowdown in global trade that would damage the nation’s exports. In the banking and monetary sectors, the introduction of electronic expertise for transactions, settlement of accounts, e-book-preserving and all different associated functions is now an imperative. Increasingly, whether we like it or not, all banking transactions are going to be digital. The thrust is on commercially necessary facilities, which account for sixty five percent of banking business in terms of worth. There at the…