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...