The digitalization program of the Social Security System (SSS) has reduced the pension fund’s operating expense, the Department of Finance (DOF) said. In a statement released by the DOF, the department reported that SSS’ operating expenses amounted to P4 for every P100 of benefits paid in 2021,...
Senatorial candidate Herbert “Bistek” Bautista on Friday pushed for more digital transactions in government offices, saying this will help curb corruption. That is why, Bautista, said he will push for internet reforms should he win a seat in the Senate in the upcoming May 2022 elections. “We...
The distribution utilities (DUs) owned by Aboitiz Power Corporation will be migrating to cloud computing solutions for the build-up of their information technology (IT) infrastructure as a way to further improve their services to customers. The IT platform of their DUs will be moving away from...
65994 While the Philippines gained 12 million new digital users during the pandemic, the country still registered the lowest internet users transacting online in the region, at only 68 percent, according to the latest e-Conomy Southeast Asia (SEA) Report. Digitalization is vital, especially because...
SMART-PLDT Over 3.7 million customers of PLDT Inc. and Smart Communications Inc. shifted to paperless billing in the past two months as pandemic infections started surging. However, both telcos assured clients of continued service amidst the current tighter community restrictions. “We are fully...
iStock-1204762248-scaled The dark side of digitalisation surfaces as the pandemic surges, warned Data Protection Excellence (DPEX) Centre, the learning and research arm of Straits Interactive. DPEX, which issued the warning on Wednesday Jan. 6, has released its data protection trends report for the...
Senator Grace Poe on Tuesday, August 24, appealed to concerned government agencies to double their efforts making their services accessible online, especially as COVID-19 cases in the Philippines continue to rise. Senator Grace Poe (Office of Sen. Poe) “Online transactions and services should be...
Rural banks in the Philippines will soon join other bigger commercial banks in providing digital and contactless transactions to poorer communities or rural areas across the country, especially under the coronavirus pandemic. French Development Agency (AFD website) Thanks to the French Development...
The Philippines' chief economic manager said the domestic economy should quickly adapt digitalization to remain viable, otherwise "drown in its wake." At virtual groundbreaking ceremonies of Union Bank of the Philippines Innovation Campus, Finance Secretary Carlos G. Dominguez III saiid that the...
The business sector sees continuing challenges with the fast-evolving work patterns and environment, and other disruptions that may hinder the attainment of decent work and affect employment and livelihood of individuals. Amb. Benedicto V. Yujuico, president of the Philippine Chamber of Commerce...
Digitalization is well on its way in the Philippines with both government and the private sector embracing digital destiny, according to Trade and Industry Secretary Ramon M. Lopez. At the Sulong Pilipinas virtual forum, Lopez noted the game changer Central Business Portal (CBP) of the government...
Automation and digitalization in the operations of various industries are expected to displace 19.3 million Filipino workers if they failed to upskill or reskill, according to a study. Bo Huang, Expert Associate Partner at McKinsey & Company, said in a presentation at the Manufacturing Summit...
