The study found that 2022 shopping budgets are up 8% over 2021 and holiday travel budgets are up by almost half. However, factors including inflation and price increases have made economic concerns top of mind this holiday season.
The two-day summit highlighted discussions on the current state of the blockchain industry, state of blockchain regulations and compliance in the Philippines, women in blockchain, adoption of blockchain technology, revolutionizing art through NFT and P2E gaming, and future plans to strengthen the blockchain industry in the country.
Except for Apple, all the top vendors suffered year-on-year declines. However, while Samsung and Xiaomi registered single-digit declines, vivo and Oppo continued to suffer high double-digit decreases.
USAID, through its Better Access and Connectivity (BEACON) project, signed a partnership agreement with Connectivity Capital, the world’s first connectivity-specific impact investment fund, to support the expansion of Internet service to underserved and geographically isolated and disadvantaged areas in the Philippines.
The fiber network consists of its subsea, aerial, and terrestrial fiber optic cable network that covers the northernmost tip in Luzon to islands in Visayas and Mindanao.
In fiscal year 2021, only 5 percent of LGUs made efforts to accept electronic payments through the Electronic Payment and Collection System, according to the Department of Finance.
The IT and Business Process Association of the Philippines (IBPAP) has unveiled its six-year industry growth forecast at the 14th International Innovation Summit (IIS).
Blockchain company Binance has recently partnered with the Cybercrime Investigation and Coordinating Center (CICC) under the Department of Information and Communications Technology (DICT), to share its insights and experiences in preventing cybercrime using blockchain forensics with the various law enforcement agencies.
Sen. Joel Villanueva expressed concerns on the "long overdue" status of the computer-based licensure examinations (CBLE) project of the Professional Regulation Commission (PRC), as the PRC Modernization Act of 2000 (Republic Act No. 8981) was enacted more than two decades ago.
A new global study commissioned by telecom equipment maker Ciena said 99% of Filipino business professionals surveyed recognize the value of virtual meetings, and 89% would participate in work meetings in the metaverse versus existing video conferencing tools.
