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BPI says it continues to obsess on digital transformation

BPI said that while many companies purposely reduced expenses during the pandemic, it spent nearly P9 billion or about 9% of total revenue in 2021 on technology, including new digital initiatives such as building and improving customer engagement platforms and onboarding new partners in its open banking business.

Tablet, Chromebook shipments down in Q1 as market adjusts to new conditions

Worldwide tablet shipments reached 38.4 million units during the first quarter of 2022 (1Q22), posting a decline of 3.9% year over year as demand slowed, according research firm IDC.

PayMaya rebrands into ‘Maya’ as it launches digital bank services

Under “Maya”, the company will be offering combined e-wallet and digital bank services such as savings account as well as cryptocurrencies.

Gov’t says it is fast-tracking establishment of SpaceX in PH

SpaceX is setting up a local business entity that will provide Internet service through low-earth orbit (LEO) satellites and is targeting to launch the first gateway for their satellites before June 30.

Toyota PH rolls out all-new 7-seater Veloz

The all-new Veloz comes in two variants and is now available through all of Toyota’s 72 dealers nationwide, starting at P1,185,000 for the 1.5 G CVT and P1,225,000 for the 1.5 V CVT.

DICT launches awareness program on emerging technologies

The Department of Information and Communications Technology (DICT) officially launched Tech Trends, an awareness program on disruptive innovations and emerging technologies on Thursday, April 28.

Smartphone shipments down 8.9% in Q1 as global demand softens

This marks the third consecutive quarter of decline for the smartphone market as shipments fell to 314.1 million units in the quarter.

Japan’s Tamiya expanding PH operations with new P2-billion facility in Cebu

Tamiya’s existing factory in the Philippines, specifically in Mactan, Cebu is housed inside a 40,000 sq. meter facility with over 1,200 workers engaged in model assembly.

PriceLOCQ app now accepted in more SeaOil stations

Since its introduction to the market in 2020, PriceLOCQ has grown to have more than 200,000 active users.

3 illegal online lenders told to cease operations

In an order issued April 26, the SEC directed Golden Cash, Help Cash, and Grace Cash to stop conducting lending activities without the necessary authorization from the agency and to stop employing abusive collection practices.

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