Saturday, December 9, 2023
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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.

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.

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.

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.

6 nabbed in separate cable theft incidents in Manila

Local telco Globe has intensified its nationwide campaign against cable theft in close coordination with local authorities, resulting in the recent arrest of six cable thieves in Metro Manila.

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.

IBM unveils $500-million venture fund to invest on enterprise AI

Tech titan IBM has announced that it is launching a $500-million venture fund to invest in a range of AI companies -- from early-stage to hyper-growth startups -- focused on accelerating generative AI technology and research for the enterprise.

Senate expunges DICT’s P300-M confidential fund but allows P280-M ‘line item budget’

Sen. Grace Poe, the budget sponsor of the DICT, said instead of granting the agency a P300-million confidential fund, the amount of P280 million was put in a line item budget “so that it’s easier for us to be able to monitor it.”

Huawei PH joins gov’t, private sector in ‘School-in-a-Bag’ initiative

Huawei Philippines, in collaboration with PLDT-Smart Foundation and the Presidential Communications Office (PCO), is boosting efforts in bridging the education gap in underserved communities and schools in the country with the “School-in-a-Bag” initiative.

Report: 74% of PH startup founders rue lack of gov’t support

A new report has found that 74% of Filipino startup founders believe that the Philippine government does not provide adequate support, while 57% said the country “greatly lacks” funding opportunities.

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