SITIO is a holistic approach to address unemployment and lack of investment and economic opportunities in areas where ICT-enabled companies have not located but the availability of talent, infrastructure, connectivity, business dynamism and other factors necessary for global services are present.
Cashless transactions or electronic payment ratio in the Philippines have reportedly improved to as much as 10 percent in the first quarter of this year compared to just 3 percent three years ago.
The newly signed law that institutionalizes the "Balik Scientist" program will encourage Filipino technology experts to return to the Philippines to aid in the country's development, Sen. Grace Poe said.
The Balik Scientist Act will provide overseas Filipino scientists with financial benefits and incentives to encourage them to return to the Philippines and help boost the country's research and development.
A mix of Grade 11 and college students recently made a milestone in Philippine history by touching base with the International Space Station and even interviewing an astronaut on board.
The House of Representatives, voting 239–0 and without abstention, approved on third and final reading House Bill 7402 which would allow an employee in the private sector to work from an alternative workplace with the use of telecommunication or computer technologies through a flexible work arrangement.
The ePayment Portal requires passport applicants to prepay the processing fees through selected payment centers and, eventually, through debit and credit cards and through over-the-counter cash transactions in select banks.
