President Marcos has encouraged the financial technology sector to continue working towards making the country a fintech innovation hub. In his speech at the opening of the Manila Tech Summit 2025 in Taguig City on Aug. 26, Marcos conveyed his vision about the Philippines being a financial...
The telecommunications industry is urging the government to ensure strong safeguards for consumers under the implementing rules and regulations (IRR) to be crafted for the Konektadong Pinoy Act, which recently lapsed into law. The bill, also known as the Open Access in Data Transmission Act,...
Senator Paolo “Bam” Aquino IV has called on the government to employ more Filipino scientists in crafting science-based flood control measures. The chairman of the Senate Committee on Science and Technology also called on the government to redirect significant funding toward climate resiliency...
The Department of Information and Communications Technology (DICT) is carrying out a study to assess the feasibility of converting the long-mothballed Bataan Nuclear Power Plant (BNPP) into a hyperscale data center. As it stands, DICT Secretary Henry Aguda said the BNPP already has the...
Government agencies posted a 94-percent utilization rate of their cash allocations in the first seven months of 2025, unchanged from a year ago, but the Department of Energy (DOE) and the Department of Information and Communications Technology (DICT) continued to trail behind. Latest data from the...
Just days away from its potential passage into law, the leading figure behind Converge ICT Solutions Inc. expressed support for the contentious Konektadong Pinoy bill, in contrast to the opposition voiced by other major players in the telco industry. Despite his company being among the four leading...
The Department of Information and Communications Technology (DICT) is coming out with a new circular that will extend the validity of the licenses of independent tower companies (ITCs) from the current five years to at least 15 years or longer to match the lifespan of the facilities they are...
The Philippine information technology and business process management (IT-BPM) sector is bracing for the potential impact of a bill in the United States (US) Senate that seeks to end the practice of offshoring among American call centers. The IT and Business Process Association of the Philippines...
Despite the President’s State of the Nation Address (SONA) promise of rate reductions, it seems the only thing “cutting” is the consumer’s wallet, as electric bills continue their relentless upward climb. Realistically, rate reduction is a battle consumers can’t seem to win. It’s like a...
The Department of Social Welfare and Development (DSWD) and youth-led science and technology media organization ScienceKonek signed a Memorandum of Agreement (MOA) on Monday, Aug. 4, to introduce science and technology programs in DSWD’s centers and residential care facilities (CRCFs). DSWD...
President Marcos has designated a parcel of land within the De La Salle University in Biñan, Laguna as a Knowledge, Innovation, Science and Technology (KIST) Ecozone. Malacañang issued Proclamation No. 985 which designates a 50,000-square meter parcel of land within the De La Salle University...
British financial technology (fintech) giant Revolut is set to enter the Philippine market by establishing its second Global Tech Hub in Asia, as part of its goal to reach 100 million customers worldwide. In a statement released on Wednesday, July 30, the Department of Finance (DOF) said the entry...
