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NPC extends stoppage order against website that exposed personal data of car owners

The National Privacy Commission (NPC) is extending the cease-and-desist order (CDO) on lisensya.info following the failure of its owners and operators to counter privacy violation allegations hurled against the site.

First crowdfunding portal in PH gets SEC approval

Investree Philippines, a joint venture between Filinvest Development Corporation and Investree Singapore, is the first crowdfunding intermediary and funding portal registered with the SEC since the Rules and Regulations Covering Crowdfunding took effect in July 2019.

Koko meets SpaceX rep, says PH may be covered by Starlink by Q3

During the virtual meeting last December 28, 2020, Sen. Aquilino "Koko" Pimentel III said SpaceX vice president for satellite government affairs Patricia Cooper mentioned the possibility of Starlink covering the Philippines by the third quarter of 2021.

Who benefits from digital economy? ADB-funded study identifies groups

A study conducted by state think tank Philippine Institute for Development Studies (PIDS) showed that there are certain groups who “benefit more from [the] digital economy”.

Study urges protection of consumer rights amid rise of ‘platform economy’

A study funded by the Asian Development Bank and conducted by state think tank Philippine Institute for Development Studies (PIDS) said regulatory frameworks must be in place to ensure that consumers are protected in the platform economy.

IPOPHL: New revised rules will speed up prosecution of IP cases

The rules revised the 2010 version and took effect on Nov. 16, 2020. Specifically, it makes IP litigation less costly, faster and in sync with newer laws.

SEC issues draft rules on cybersecurity for capital market players

Under the proposed rules, a regulated entity must create a management group called the Information Security Group (InfoSec Group), separate from its existing Information Technology Group, and appoint a Chief Information Security Officer.

ICT group presses Congress to pass bills on Open Access, Faster Internet Services

The Better Broadband Alliance (BBA) has sent a letter to House Speaker Lord Allan Velasco and Senate President Vicente Sotto III, BBA to urge the passage of two key policy reforms to improve telecommunications and Internet services.

2021 budget for Nat’l Broadband Program hiked from P902M to P1.9B

The DICT expects the government to save P720 million in Internet subscription expenses in the first year of implementation of the NBP or up to P34 billion in the next five years.

House panel to harmonize bills boosting digital payment in PH

One of the proposed measures is House Bill 6646, which creates a Bangko Sentral Digital Peso (BSDP) as a medium of exchange or as money for use on all digital and means.

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