Wednesday, November 29, 2023
The “Horizon Philippines” initiative seeks to catalyze the creation of new intellectual property assets through a collaboration platform for startups in three vital Philippine industries -- BPO, overseas Filipino workers (OFWs), and electronics assembly.


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Converge revenue up 7% in Q3 as new subscribers rise to highest level

Fiber broadband provider Converge ICT Solutions posted a 7% increase in consolidated revenues to P26.25 billion at the end of September 2023 compared to the same period last year amid an expansion in its residential customer base, surpassing the 2-million mark to 2,048,286.

NEDA: Pro-competitive policies crucial in digital markets

The National Economic and Development Authority (NEDA) has stressed that pro-competitive policies and regulations in the digital markets are key to ensuring that affordable, high-quality digital services and products are available to Filipino consumers and businesses.

SEC credits digital services to record high company registrations

The SEC recorded a total of 42,926 corporate registrations in 2022, 13% higher than the 38,052 seen in 2021 -- a record high for the agency’s 85- year history as the country’s company registrar.

Globe to charge late payment fee of P50 starting Dec. 1

Earlier, ACT Teachers party-list representative France Castro said Globe should reconsider its decision to charge a late payment fee, saying Internet and cellular communication now is no longer a luxury but a necessity.


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Software group BSA said “there is a possibility that thousands of engineering and design firms” in the Philippines “engaged in important public works projects may be using unlicensed software”.


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Study: Security violations by staff do as much harm as hacking in Asia Pacific

Employee violations of an organization’s information security policies are as dangerous as external hacker attacks, according to a recent study from Kaspersky.

At 36%, shopping scam rate in PH highest in 11 Asian countries

The 2023 Asia Scam Report released at the 1st Anti-Scam Asia Summit in Taipei revealed that the shopping scam rate in the Philippines reached 35.9 percent -- the highest among 11 Asian countries surveyed.

Retail firms increasingly unable to halt ransomware attacks in progress

A new report from cybersecurity firm Sophos has found that only 26% of retail organizations this past year were able to disrupt a ransomware attack before their data was encrypted.

Sub-domain of AFP website defaced by hacker named ‘Hao Sheng’

A subdomain of the Armed Forces of the Philippines (AFP) website that appeared to be related to the Office of the Command Inspector General (OCIG) of the Communications, Electronics and Information Systems Service (CEISSAFP) was reported by the group Deep Web Konek to have been defaced Monday afternoon, Nov. 13.


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This year’s e-Conomy SEA report from Google, Temasek and Bain & Company, said the Philippine digital economy is set to continue its double-digit growth by 2025, making the Philippines one of the fastest-growing digital economies in Southeast Asia.


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PH e-commerce solutions firm Payo launches new logistics app

Among the key features of the Payo app is Self-Onboarding, which allows new merchants to register, activate their account, and create orders all by themselves.

US venture firm inks pact with DICT to create collaboration platform for PH startups

The “Horizon Philippines” initiative seeks to catalyze the creation of new intellectual property assets through a collaboration platform for startups in three vital Philippine industries -- BPO, overseas Filipino workers (OFWs), and electronics assembly.

Despite ‘funding winter’, DICT says PH startup ecosystem growing

Department of Information and Communications Technology (DICT) secretary Ivan John Uy said the Philippines is host to more than 1,100 startups, 60 incubators and accelerators, 50 venture capitalists, and more than 200 co-working spaces who are now actively collaborating.

DTI-backed pitching competition picks startup winners

The winners of this year's SLINGSHOT x Venture Pilipinas Pitch Competition, held as part of the Opening Celebrations of the Philippine Startup Week (PHSW) 2023, were announced on Nov. 20 at the Makati Diamond Residences.


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A lawyer working as a partner in the law office founded by First Lady Louise “Liza” Araneta-Marcos has been named deputy commissioner at the National Privacy Commission (NPC), a reliable source told Newsbytes.PH.


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Toyota PH tests commuting app with Lite Ace units donated to Pasay, Sta. Rosa

With its eyes set on selling models that can be used as public utility vehicles (PUVs), Toyota Motor Philippines Corp. has partnered with the city governments of Pasay and Sta. Rosa in Laguna for the Toyota Community Shuttle (TCS) – a free transportation service, which will be delivered via digital interface.

Gogoro opens first experience center in PH

Located at the second floor of Greenbelt 4 in Ayala Center, the hub offers an immersive experience, giving visitors a taste of what it is like to use Gogoro Smartscooters and battery-swapping.

Grab PH holds road safety seminar for drivers, partners

Grab Philippines recently conducted a seminar on road safety as part of its "Continuous Learning" programs for its drivers and partners.

DTI rolls out incentives program for local e-vehicle production

Under the Electric Vehicle Incentives Scheme (EVIS), the Philippines is eyeing e-PUVs and two-wheelers as its niche in Southeast Asia, in which the country could be a competitive exporter in the region.


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The new models offer higher printing speed and durability, targeting users who demand a more premium printer for their homes or offices.


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Study: Pinoys increasingly using TikTok for Christmas gift hunting, shopping

Among Filipino users, 94% percent plan to spend more time on TikTok this year, with 70% looking for Christmas inspiration, 63% to see how Christmas is celebrated around the world, and 56% to stay connected with family and friends.

PH first to launch Jobstreet’s new AI-powered platform

Online jobs site Jobstreet has launched a completely new platform now uses its parent company SEEK’s artificial intelligence (AI) technology to offer better job matches.

Panasonic says ‘Japan quality’ will propel its B2B solutions in PH

Electronics firm Panasonic said the high-quality standard that has come to characterize Japanese products will not only sustain but also propel its IoT-enabled business-to-business (B2B) solutions in the country.

Resto gives immersive experience to Pinoy fans of ‘Honkai: Star Rail’

The restaurant not only provides a themed dining atmosphere but also a variety of merchandise and exclusive offers.


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The digital transformation journey for micro, small, and medium enterprises (MSMEs) in the Philippines is an important step towards their survival and growth in the increasingly globalized economy.


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