Grab Philippines said the pandemic created a serious imbalance in GrabCar's supply and demand condition, resulting in fewer GrabCar driver-partners on the road having to serve an increasing number of passengers.
IDC said driving the market's growth at a global level is rising broadband penetration, rising disposable incomes, and rising consumer awareness of smart home devices and the cost savings, convenience, and energy efficiencies that they can deliver.
Local software firm Multisys Technologies Corporation has introduced an online store builder called Multistore, which entrepreneurs can use to start their own digital journey.
According to financial website Investopedia, central bank digital currencies are digital tokens, similar to cryptocurrency, issued by a central bank. They are pegged to the value of that country's official currency.
AR/VR shipments are expected to continue to grow at a healthy rate as contents become more enriched under the influence of new vendors/developers and more options of AR/VR headsets become available to the market, IDC said.
During a trade mission to Washington DC, Department of Trade and Industry (DTI) secretary Ramon Lopez secured the commitment of US firms Black and Veatch and SBA Communications to build hyperscale data centers and common towers in the Philippines.
Joselito “Jojo” Uligan, a leading figure of the local BPO industry and president of the Contact Center Association of the Philippines (CCAP) for the last 19 years, died on Friday, April 22, after reportedly suffering from cardiac arrest.
