The electronics sector remains to be the Philippines' top export, accounting for 66.3% of total exports during the period with export sales value of $5.1 billion.
Meanwhile, the National Economic and Development Authority (NEDA) said the digitalization of the Philippine economy and government is one of the six strategies it would implement over the next five years to facilitate economic and social transformation under the Philippine Development Plan (PDP).
With this acquisition, Unity Digital Infrastructure is poised to have over 1,000 active macro towers and around 500 poles for small cells in key cities nationwide.
In a notice, the SEC announced that by Feb. 1, 2023 all payments will be accepted only through the Electronic System for Payments to the SEC (eSPAYSEC) or at any branch of the Land Bank of the Philippines nationwide.
Following the discussions, the SEA-H2X consortium is optimistic that the 5,000-kilometer submarine cable system will be online by 2024. SEA-H2X will connect Hong Kong SAR China, Hainan China, Philippines, Thailand, East Malaysia, and Singapore.
The payments business of banks are now “increasingly being eaten away” by smaller and more nimble players in the financial technology (fintech) space, representatives from financial software company Finastra shared in an interview with Newsbytes.PH.
Being the regulator of the securities market, the SEC said it is concerned about the reported “budget overruns,” as well as the selloff in PLDT shares before the publicly listed company could make the official disclosure.
Following the release of the implementing rules and regulations (IRR) of the SIM Registration Act, Globe and Smart Communications have announced that they will launch their online SIM registration platforms and start selling new SIMs in deactivated mode.
Singapore-headquartered Digital Edge has announced its new 10MW data center in Manila will be ready-for-service on March 1, 2023, marking the debut of company in the Philippine market.
