Key to DOST's realignment of the government's economic agenda is the development of “an entrepreneurial mindset," according to DOST secretary Renato Solidum.
Following last year's investment in the company by private equity firms Advantage Partners and Navegar, seasoned tech executive Maulik Parekh will lead MDI Novare in the Philippines as it establishes its presence globally.
Sen. Jinggoy Estrada said there is a need to look after the vulnerable sectors against fraudsters as he noted that most elderly consumers are unfamiliar with today's technology, which is taken advantage of by organized crime syndicates who use social media and other online platforms in carrying out their scams.
A consumer group filed a case on Thursday, Aug. 25, at the Department of Information and Communications Technology (DICT) to revoke the operating licenses of courier firm J&T and its franchise partners due to alleged unlawful business practices.
Department of Finance (DOF) secretary Benjamin Diokno identified digitalization as the key in transforming and eradicating corruption within the government’s two main revenue agencies.
ABS-CBN and TV5 have earlier announced that it was putting the deal on hold to address the issues raised by lawmakers and the NTC on the proposed investment by ABS-CBN for a minority interest in TV5.
Sen. Sonny Angara said during a hybrid committee meeting that a cease-and-desist order may no longer be sufficient to fight digital fraud, which he said is a different type of “beast”.
The BSP, PhilSA, and DOST-ASTI recently kicked off the test deployment of satellite Internet service provider iOne Resources Inc. at the Progressive Bank of Malvar and Rural Bank of Cuenca.
MediaTek country manager for Indonesia and Philippines Cedric Chang announced that the local mobile phone and electronics brand Cherry Mobile will carry MediaTek chips for its 5G-enabled devices: the MediaTek Dimensity 810 for the Cherry Mobile Aqua SV, and the MediaTek Dimensity 700 for the Cherry Mobile Aqua S10 Pro 5G.
