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SEC moves to remove Binance app in Google, Apple app store

The Securities and Exchange Commission (SEC) said it is working with tech giants Google and Apple for the removal of applications operated by cryptocurrency giant Binance in app marketplaces accessible in the Philippines.

PH gov’t lights up Phase 1 of National Fiber Backbone Project

The National Fiber Backbone Phase 1 is a 1,245-kilometer cable network from Laoag, Ilocos Norte to Roces, Quezon City, illuminating 28 nodes and delivering an initial 600 Gbps optical spectrum capacity.

PH gov’t drafting e-commerce roadmap for 2024-2028

The E-Commerce Philippines 2024-2028 Roadmap is envisioned as a future-ready plan with 13 strategies and 28 deliverables aimed at building trust between online customers and sellers.

Global study: Pinoy consumers lead in demanding brand transparency in AI use

In a global study conducted by customer engagement platform Twilio, 77% of Filipino consumers want clear information on how their data is used in AI, but only 53% of brands are fulfilling this critical expectation.

Report: AI adoption in Asean could boost salaries up to 36%

A new research from AWS has revealed that when AI is fully harnessed, employers across Asean are willing to pay higher salaries of over 36% for workers with AI skills and expertise, with workers in IT (49%), and research and development (46%) enjoying the highest pay bumps.

PH exports surpass $100-B milestone in 2023, driven by IT-BPM and tourism sectors

Philippine services exports emerged as a powerhouse, with the sector experiencing a significant expansion of 17.4%, driving much of the overall export growth.

Suspected Chinese consultancy firms recruiting Pinoy military, gov’t researchers

Facebook pages posing as Western military consultancy firms but may be linked to China, appear to be targeting Filipino defense industry researchers and analysts, a study by Newsbytes.PH showed.

SEC proceeds with blocking of Binance for failing to register in PH

In November last year, a Binance spokesperson based in South Korea told Newsbytes.PH that it has stopped its marketing activities in the Philippines while it seeks to comply with local regulations. It appears, however, that it did file any paper works to legalize its presence in the country.

Report: China-backed cyber spy group infiltrated PH gov’t in 2023

A potentially damning report from Israel-based cybersecurity firm Cyberint has revealed that Chinese state-sponsored advanced persistent threat (APT) group “Mustang Panda” conducted three cyber espionage campaigns against entities in the South Pacific, including the Philippine government, in August 2023.

BSP, SEC warn public against firm offering ‘cloud mining machines’

The Bangko Sentral ng Pilipinas (BSP) asked the public to be discerning of the claim of a company called SK Pools Mining Corporation that its “products, services, and assets are licensed, authorized, guaranteed, verified, certified, or confirmed by the BSP.”

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