In order to combat the continuing widespread corruption in government, state agencies should pursue digitalization or accelerate digitization in their processes and transactions, Senator Sherwin Gatchalian said on Friday, June 10. “All government collections should be paperless or done through...
The Senate has approved on third and final reading Senate Bill No. 1834, or the Philippine Digital Workforce Competitiveness Act, which aims to prepare the Filipino workforce for the jobs of the future through education and training on digital skills. Senator Joel Villanueva, principal author and...
South Korea has expressed support to fund projects that will usher in the Philippines' digital transformation through infrastructure, digital economy, and developing e-skilled individuals. South Korea renews its commitment to continuing its partnership with the Philippines in promoting digital...
GCash (G-Xchange, Inc.), the country's top financial app, has "no plans to get a digital banking license at the moment", although it's not saying never, the company told Manila Bulletin. Asked what Gcash can do that a digital bank cannot do, the company responded, "Our position as a platform player...
To promote the efficient delivery of services, especially amid the ongoing Covid-19 pandemic, Malacañang has ordered all government offices to adopt digital payments for their respective disbursements and collection. Photo from PIXABAY Executive Secretary Salvador Medialdea signed President...
The Department of Education (DepEd) reiterated its commitment to addressing the challenges in digital learning and education technology through its Digital Rise Program. viber_image_2022-05-10_17-36-06-945 “We have come a long way, and we have learned a lot from the pandemic, but the greatest...
Local finance app GCash is unfazed over its closest competitor Paymaya's move to open a digital bank. “We don't believe that having a digital banking license is a silver bullet or magic," GCash President and CEO Martha Sazon maintained. "It's not like a signboard that you just turn on then expect...
Ayala Land, Inc. subsidiary AyalaLand Logistics Holdings Corp. (ALLHC) and FLOW Holdings I Philippines Pte. Ltd., the vehicle of FLOW Digital Infrastructure, have signed a framework agreement to develop carrier-neutral data centers across the Philippines. In a disclosure to the Philippine Stock...
TECH4GOOD Monchito Ibrahim By the time this column gets off the block, Filipinos would already have an idea as to who its next leader will be. Campaign colors would not matter anymore because the nation would already have spoken. It is now time for every Filipino to accept the will of the majority...
Businesses — especially the micro, small and medium enterprises (MSMEs) — stand to benefit from the adoption of digital payments, as technology enables them to streamline their financial transactions while providing them with greater security and convenience. Southeast Asia has seen a boom in...
All financial institutions will eventually find themselves needing to readjust to the realities of outside events and internal pressures, and retail banks are no exception. Today, retail banks and other financial institutions are faced with a choice: undergo digital banking transformation...
The Department of Finance (DOF) wants large foreign digital service providers (DSP) to remit to the Bureau of Internal Revenue (BIR) the value-added tax (VAT) in transactions that go through their platforms. Finance Director Euvimil Nina R. Asuncion said the DOF supports House Bill (HB) No. 7425...
