A newly organized organization of digital banks in the Philippines said global and local investors have poured over $700 million into the digital banking sector, setting a new milestone that underscores the industry's robust growth and its potential to reshape the digital financial landscape.
Philippine merchandise exports surged by 15.7% in February 2024, recording $ 5.9 billion compared to $ 5.1 billion over a year earlier, based on preliminary data from the Philippine Statistics Authority (PSA).
The PricewaterhouseCoopers (PwC) Global Acceleration Center in the Philippines will focus on high-value BPO in consulting spaces, including artificial intelligence (AI), cloud computing, and cybersecurity.
The E-Commerce Philippines 2024-2028 Roadmap is envisioned as a future-ready plan with 13 strategies and 28 deliverables aimed at building trust between online customers and sellers.
Philippine services exports emerged as a powerhouse, with the sector experiencing a significant expansion of 17.4%, driving much of the overall export growth.
Landbank sold close to half a billion or P438 million worth of retail treasury investments through its online channels, which is almost three-fold of what it sold in the last offering in 2023.
ePLDT, the ICT subsidiary of PLDT, has officially established VITRO Inc. to serve as its dedicated data center operations company to the address the demands of hyperscalers and enterprises.
Under the CHIPS Act, the Philippines stands to benefit from the $500-million International Technology, Security, and Innovation Fund for a five-year period.
onverge ICT trumped its broadband rivals Globe and PLDT as it registered net additional residential subscribers of 284,000 for its fiber plans last year, the biggest fiber net adds in the industry during the period.
The Philippine delegation also met representatives from Czech tech giant ERA to explore the company's interest in expanding its presence in the Philippines.
