Singapore-based technology firm BCB Blockchain has announced a P15-million fund to support local incubators and startup accelerators under the Department of Science and Technology (DOST).
The DOST has launched the “TBI 4.0 Program” to upgrade the capabilities of the agency’s TBI (technology business incubation) network through a more transformational intervention that would set off the “internationalization” of Philippine TBIs.
On its first anniversary in the Philippines, the numbers say it loud and clear about GrabFood, the leading food delivery platform in the country and Southeast Asia.
For this year's Singles' Day event or "11.11" online sale, card and digital payments volume processed by PayMaya across various online commerce sites jumped 3.5 times from Singles’ Day 2018 — indicating a significant shift in digital payments and online shopping habits of Filipinos.
Aside from the research grant, the startups also received support and assistance from the DOST-funded Technology Business Incubators (TBIs) through their services and programs.
VMware Philippines country manager Walter So said “digital transformation” is a result of a “changing consumption behavior” centered around mobile apps.