Business IT

The digital exports of the Philippine are projected to grow rapidly by 218 percent to hit $11.3 billion by 2030 if the country would adopt domestic legislation and international agreements on digital trade.

Florida-based Syniverse was chosen as the mobile number portability service provider (MNPSP) after a rigorous technical and commercial evaluation process, the telcos revealed.

Southstar Drug needs next-level connectivity for further expansion.

While Robocash has expanded offline with its various branches around the country, it started out and still is primarily an online lending company.

The program is aimed at revitalizing the manufacturing sector to continue its growth trajectory and help transition the industries to Industry 4.0.

Now Corp. Telecom has signed a memorandum of understanding with Aboitiz InfraCapital (AIC) and Frontier Tower Associates (FTA) to discuss and negotiate the lease of build-to-suit sites, towers, and passive telecommunications infrastructure and facilities.

QR PH is available for person-to-person (P2P) fund transfers upon launch but will soon be expanded for merchant QR payments.

E-payment usage has also significantly gone up, rising from just 1 percent in 2013 to 10 percent in 2018.

The EGov Pay and National QR Code Standard are in line with the BSP and the payments industry's goal to shift to a cash-light Philippine economy.

The BSP and several payments industry players also launched a program called QR PH, which is eyed not only to increase e-payments, but also to secure payment transactions.