Tuesday, March 19, 2024
NEDA secretary Arsenio Balisacan told a forum that access to reliable Internet services is no longer a luxury but a fundamental prerequisite for inclusive socioeconomic development.

LATEST STORIES

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BUSINESS IT

PH taps Czech firms to invest in PH electronics, BPO sectors

The Philippine delegation also met representatives from Czech tech giant ERA to explore the company's interest in expanding its presence in the Philippines.

NEDA stresses need to enhance connectivity, calls for passage of Open Access Bill

NEDA secretary Arsenio Balisacan told a forum that access to reliable Internet services is no longer a luxury but a fundamental prerequisite for inclusive socioeconomic development.

US trade mission brings $1-B investments, to train 30M Pinoys on AI

US secretary of commerce Gina Raimondo is leading the United States Presidential Trade and Investment Mission in the Philippines from March 11 to 12.

SEC secures NTC endorsement for blocking of trading site OctaFX

The National Telecommunications Commission (NTC) has ordered all Internet service providers to immediately block the website of OctaFXfor the protection of the investing public, as requested by the Securities and Exchange Commission (SEC).
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DATA PRIVACY

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The total intellectual property (IP) infringing goods seized in January to December last year reached an estimated market value of P26.86 billion, surpassing the previous record of P24.90 billion registered in 2021.

IT NEWS

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E-SECURITY

Cybercrime agency warns against scams this Holy Week break

The Cybercrime Investigation and Coordinating Center (CICC) has identified several scams that the public should be vigilant about, including fake accommodations, where villas, apartments, or seemingly legitimate hotel rooms that are advertised at “unbelievably low rates” but are non-existent.

House says it blocked off massive DDoS attack on March 13

The House of Representatives announced Thursday that its IT team has successfully blocked a staggering 541.66 million attacks on its website on Wednesday, March 13, indicating what industry experts call a Distributed Denial-of-Service or DDoS attack.

Smart toy vulnerabilities allow cybercriminals to video-chat with kids — Kaspersky

Vulnerabilities in a popular smart toy robot could make children potential targets for cybercriminals, Kaspersky researchers have discovered.

Acer PH third-party vendor breached, employee database leaked

Acer Philippines acknowledged that a security incident happened involving its third-party vendor managing employee attendance data. It assured the public that no breach or leak of any customer data occurred, and that customer data remains unaffected by the incident and are secure.

E-LEARNING

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Hailed as “the first Filipino experimental plasma physicist,” Dr. Henry J. Ramos was the founder of the Plasma Physics Laboratory of the National Institute of Physics in the University of the Philippines, Diliman, as well as the co-founder of the Vacuum Society of the Philippines (VSP).

FEATURES

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STARTUPS | APPS

Venture firm releases updated 2023 report on PH startup ecosystem

The report from Gobi-Core Philippine Fund noted that while there was a discernible downturn in funding compared to 2022, there was also a surge in startup deals.

Coins.ph’s TradeDesk crosses P8-B trading volume in Jan. 2024

Coins TradeDesk provides foreign exchange (FX) and cryptocurrency services for businesses, financial institutions and high-net-worth individuals.

WB Group’s IFC investing $7M in PH fintech firm Salmon

Fintech Holdings Ltd. -- more popularly known as Salmon -- has secured an up to $7-million (about P391-million) equity investment from the World Bank Group's International Finance Corporation (IFC) to expand its data- and tech-driven consumer financial services in the Philippines.

DOST-supported startup seeks to introduce e-notarization in PH

With its capacity to digitally automate legal documents, the Supreme Court (SC) has tapped Twala, a startup funded by the Department of Science and Technology (DOST), to digitize notarization in the Philippines.

GAMING

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The IPOPHL noted that the elements of each fair use act must be carefully analyzed to accurately identify circumstances where fair use principles apply. Otherwise, the public should be proactive in obtaining permission and crediting the creators of original works.

FIRST ON NEWSBYTES.PH

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NETWORKED CAR

PH gov’t to deploy UN-backed Electric Mobility project

The e-Mobility ASAP Project, which will last until June 2027, will focus on deploying e-mobility infrastructure, mostly targeting locations with large transport flows.

Solon intros House bill to include 2-wheel vehicles in EV law

Albay representative Joey Salceda said while the Electric Vehicle Industry Development Act (EVIDA) has driven a surge in electric car sales, it has excluded two-wheeled EVs from key fiscal incentives.

FordPass mobile app marks first year in PH

To date, there are over 21,000 Ford vehicle owners who are able to maximize the features of FordPass, including remote door lock and unlock, remove engine stop and start with pre-cooling, vehicle locator, and vehicle status conveniently in the app.

Grab PH activates mobility solutions to meet holiday demand

GrabCar demand is expected to increase by at least 20% in December 2023, with a spike of up to +45% in the second and third week.

RESEARCH REPORTS

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Asus has launched in the Philippines the Zenbook DUO (UX8406) and Zenbook 14 OLED (UX3405) -- laptops that are equipped with 3K Asus Lumina OLED displays which give users accurate colors, customizable display settings, and safe visual displays.

GADGETS

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LIFESTYLE

Pinoy tech firm taps Indian partner to bring AI into PH healthcare

Advanced Abilities, a Filipino technology company and solutions aggregator, introduced on Wednesday, March 13, its Smart Health Solutions consisting of AI-enabled devices that...

Study: For every P1 spent on Grab, P3.42 is injected into PH economy

With a total output multiplier of 3.42, Grab ranks third among seven transport sectors next to railway and air transport.

Klook PH reports massive growth, says bookings tripled in 2023

Domestic tourism is more popular among Filipinos with 92% of the survey respondents already having plans to travel domestically in 2024.

Grab PH rolls out program for women to become driver-partners

Based on surveys and discussions done with Grab’s existing women driver-partners, it is found that women are usually deterred from joining the platform due to a mindset that driving is not suitable for women, that they have sociocultural roles at home they need to fulfill, and a general lack of confidence.

BULLETIN

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Despite the challenges of demand fluctuation and the need for supply chain optimization, the manufacturing sector's resilience and strategic adjustments position it as a cornerstone of the Philippine economy.

BLOGS

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