Hundreds of digital devices are set to be delivered to more than 600 public schools under the computerization program of the Department of Education (DepEd). (DepEd file photo) With assistance from the Armed Forces of the Philippines (AFP), DepEd announced that hundreds of learners and teachers in...
Once its "Project Agila" ends in January 2025, the Bangko Sentral ng Pilipinas (BSP) will craft a three- to five-year roadmap in preparation for a possible central bank digital currency (CBDC), a top official said. During a breakout session at the Philippine Institute for Development Studies'...
Aboitiz-led UnionBank of the Philippines has landed among the world's top issuers of digital bonds, according to the ranking of economic think tank Official Monetary and Financial Institutions Forum (OMFIF). In the OMFIF Digital Monetary Institute's Digital Assets 2024 report launched on Sept. 17...
The Philippine Statistics Authority (PSA) issued a stern warning reminding the public that printing their Digital National ID (PhilID) on polyvinyl chloride (PVC) cards, or any other physical format, is strictly prohibited. The PSA said that only the official National ID cards printed by the Bangko...
The Philippines is experiencing a significant surge in the digital payment sector, according to digital and physical financial solutions provider UnaCash. In a statement, UnaCash revealed that the country ranks second in Southeast Asia for the number of point-of-sale (POS) users aged 15 and older,...
The Bureau of Internal Revenue (BIR) has introduced the Digital TIN ID, an online tool that simplifies and secures the process of obtaining a Tax Identification Number (TIN) ID, replacing the need for a physical card. Taxpayers can now easily acquire their TIN ID through the BIR's Online...
The Digital Marketing Association of the Philippines (DMAP), the country’s center of excellence and innovation in digital marketing, will take center stage in spearheading the movement towards mastering the digital landscape when it hosts the ninth edition of the annual Digital Congress...
Data center developer A-FLOW, a joint venture between FLOW Digital Infrastructure (FLOW) and AyalaLand Logistics Holdings Corp. (ALLHC), has completed the structural framework of its new ML1 Data Center in Biñan, Laguna. ALLHC said the three-building carrier-neutral campus is designed to meet the...
As the Philippines navigates the digital age, the financial technology sector is witnessing a major transformation. Recent studies indicated a surge in the adoption of financial mobile apps among consumers. For many Filipinos, the shift to digital finance has made managing money more...
The Department of Finance (DOF) said that President Marcos will soon sign the law imposing value-added tax (VAT) on foreign digital service providers, such as Netflix. During a Senate Finance subcommittee hearing on Tuesday, Aug. 27, Finance Secretary Ralph G. Recto said the DOF and the Bureau of...
To better prepare the region's youth for future challenges, the Philippines, through the Department of Education (DepEd), urged ASEAN member states to prioritize digital transformation in education. DepEd Secretary Sonny Angara attends the 13th ASEAN Education Ministers Meeting in Thailand. (Photo...
The Philippine Statistics Authority (PSA) has welcomed the Bangko Sentral ng Pilipinas (BSP) directive mandating the acceptance of the digital national ID and the utilization of national ID authentication services in financial transactions. PSA Undersecretary Claire Dennis S. Mapa said the central...
