Converge ICT founder and chief executive officer Dennis Anthony Uy said proceeds of the IPO will boost the company’s objective to build the largest fiber broadband network in the country.
Author: Philippine News Agency
Central banks around the world are now looking into central bank digital currency (CBDC) due in part to the digitalization of payments, with some pilot testing their own version of the currency.
Inquiries and requests for credit score information increased significantly during the pandemic as more people apply for loans to help them cope with the crisis.
A unified quick response (QR) code for the logistics sector will be implemented in 2021 under the National Effort for the Harmonization of Efficient Measures of Inter-related Agencies (NEHEMIA) program of the Anti-Red Tape Authority (ARTA).
Regulatory policies on the establishment of digital banks are expected to be ready before the end of 2020, Bangko Sentral ng Pilipinas (BSP) governor Benjamin Diokno said.
Officials of the United Coconut Planters Bank (UCPB) are set to file charges against the perpetrators of the cyber theft that cost the bank some P167 million in June 2020.
Department of Trade and Industry secretary Ramon Lopez said the roadmap will help the country become an “AI center for excellence” in the region, backed by a rich local talent pool and vibrant innovation and entrepreneurship ecosystem.
NEDA undersecretary Rosemarie Edillon said there is also a need to retool and reskill the labor force towards digital skills.