At the groundbreaking of its 11th and largest hyperscale data center in Sta. Rosa, Laguna on Friday, March 18, PLDT president and CEO Al Panlilio said the soon-to-be-built facility will be the biggest in the country with no peers in its class.
The government also warned that the practice of providing prices through private (or direct) messages to consumers or buyers is considered a violation of the Price Tag Law.
The parent firm of Facebook said it is giving emphasis on protecting women as studies show that women in politics are disproportionately targeted for abuse and misinformation attacks on social media.
Jovelyn Hao, Bangko Sentral ng Pilipinas (BSP)’s FinTech Innovation and Policy Research Group acting head, said the central bank is open to leveraging the gains brought about by fintech innovations amid the pandemic.
IBPAP president and CEO Jack Madrid said that while the group supports the need to fully reopen the economy, BPO employees have an overwhelming preference for a hybrid work arrangement.
Aside from venture capital, Plentina co-founder and CEO Kevin Gabayan said government grants that do not add red tape would also contribute to a startup’s progress.
According to research firm IDC, the Philippines tablet market grew by 60% quarter-on-quarter in the fourth quarter of 2021 as smartphone vendors Nokia, realme, and Xiaomi launched their products in the market. This was, however, still down 44.9% year-on-year.
Despite the record amounts of funding flowing into the greater Asia Pacific region, Philippine start-ups are facing one major obstacle -- the lack of investments in the country’s start-up market.
Senators pointed out that Pagcor does not need the permission from Malacañang to temporarily suspend the licenses of e-sabong operators in the country.