Albert Mitchell “Mitch” Locsin, a longtime executive and advocate of the Philippine information technology and business process management industry, died on Wednesday, Aug. 19. He was 55.
Smart Communications and Lynk Global have expanded tests of direct-to-device (D2D) satellite connectivity to Batangas, examining how the technology could provide emergency communications when terrestrial mobile networks are disrupted by disasters.
Digital payments accounted for 64.7% of retail transactions in the Philippines in 2025, putting the country within the government’s target range for digital payments through 2028, according to the Bangko Sentral ng Pilipinas (BSP).
PLDT is expanding its Vitro data center network as rising demand from hyperscalers, enterprises, and government agencies drives growth in its digital infrastructure business.
The Bangko Sentral ng Pilipinas (BSP) has defended its push for banks to reduce or eliminate electronic fund transfer fees, saying lower charges could encourage more Filipinos to use digital payments but would not, by themselves, ensure financial inclusion.
The Department of Trade and Industry (DTI) has issued guidelines for certifying advanced technologies and specialized consulting services that are unavailable in the Philippines, allowing government agencies to procure them through certain foreign or international institutions.
Visa and USSC Money Services Inc. (UMSI) have launched a service that allows micro, small, and medium enterprises (MSMEs) to accept contactless card payments through smartphones, eliminating the need for conventional point-of-sale (POS) terminals.
The Department of Trade and Industry (DTI) and Converge ICT Solutions Inc. have opened a center in Makati City that will provide local companies and startups with training, demonstrations, and technical guidance on adopting artificial intelligence (AI) and other digital tools.
Converge ICT Solutions saw its enterprise business grow by double digits in the first half of 2026, helping offset slower growth in its residential broadband segment and pushing consolidated revenues to P22.4 billion.
Pres. Ferdinand Marcos Jr. has designated a 28.8-hectare information technology park in Lipa City, Batangas as a special economic zone, placing the development under the Philippine Economic Zone Authority (PEZA).
