Tuesday, June 2, 2026
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PH, AIIB exploring digitalization projects to cut red tape

During a meeting with AIIB officials, Department of Finance (DOF) secretary Frederick D. Go identified red tape and high energy costs as among the country’s major economic challenges.

E-wallet adoption pushes Pinoy account ownership to 58%

More Filipino adults now own formal financial accounts, with e-money accounts emerging as the main driver of growth, according to the latest survey conducted by Social Weather Stations for the Bangko Sentral ng Pilipinas (BSP).

Bam Aquino opposes DTI plan requiring permits for online business ads

Sen. Bam Aquino has opposed a proposed Department Administrative Order (DAO) by the Department of Trade and Industry that would require businesses — including online sellers — to secure permits before publishing advertisements and sales promotions.

GAC electric hatchback launches in PH at under P1 million

GAC Philippines said the Aion UT is positioned as a compact five-seater EV hatchback designed for urban driving, with the company highlighting its spacious interior, advanced driver assistance systems, and fast-charging capability.

Landbank cuts InstaPay transfer fee to P8

Government-run Landbank has reduced its InstaPay transfer fee for person-to-person transactions from P15 to P8 as it pushes to make digital banking services cheaper and more accessible to Filipinos.

House measure seeks ICT hubs across all PH provinces

The proposal, contained in House Bill No. 9970 or the proposed “ICT Hubs Act,” would require the creation of at least one ICT hub in each province based on a national ICT plan to be prepared by the Department of Information and Communications Technology.

Pinoys among most targeted by digital fraud in Asia – report

Filipinos remain among the most heavily targeted victims of digital fraud in Asia, with phishing attacks continuing to dominate as fraudsters exploit the country’s growing dependence on mobile and online transactions, according to a new report by TransUnion Philippines.

TikTok Shop trains Pasig MSMEs in livestream selling, e-commerce

TikTok Shop has expanded its “Unlad Lokal” training caravan to Pasig City as part of efforts to help micro, small, and medium enterprises (MSMEs) adopt digital commerce tools and content-driven selling strategies.

Solar firms pitch long-term savings, energy resilience at Brand Day 2026

Renewable energy companies and industry players gathered at the Conrad Manila on Monday, May 18, for Brand Day 2026, an event focused on solar power and clean energy technologies in the Philippines.

Banks urged to use BSP cyber checks to improve security

Cybersecurity firm Kaspersky said Philippine banks should use the Bangko Sentral ng Pilipinas (BSP)’s new cybersecurity self-assessment requirement to address weaknesses in their systems instead of treating it as a compliance exercise.

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