The Securities and Exchange Commission (SEC) has intensified its campaign against erring online lending companies, filing criminal charges, issuing cease and desist orders, imposing hefty penalties, and revoking licenses in a string of enforcement actions throughout July.
Despite the absence of any mention in Pres. Ferdinand Marcos Jr.’s State of the Nation Address (SONA) on Monday, July 28, supporters of the proposed “Konektadong Pinoy” bill remain optimistic that the measure will soon be enacted into law.
The 2024 National Information and Communications Technology Household Survey (NICTHS) indicated that nearly half of all households now have Internet access at home, while two out of three individuals aged 10 years and over are active Internet users.
The Department of Information and Communications Technology (DICT) currently serves as the sole Registration Authority (RA) of the Philippine National Public Key Infrastructure (PNPKI) in the country. Through the agreement, the University of the Philippines (UP) will be established as an RA of the PNPKI in line with the university’s flagship program on digital transformation.
As the Department of Information and Communications Technology (DICT) intensifies its push for the passage of the “Konektadong Pinoy” bill, former DICT secretary Gregorio “Gringo” Honasan has voiced strong opposition, citing serious national security concerns.
From the original set of officials that served under the previous DICT chief, Ivan John Uy, three have left the agency – undersecretary for cybersecurity Jeffrey Ian Dy, undersecretary for ICT industry development Jocelle Batapa-Sigue, and Cybercrime Investigation and Coordinating Center (CICC) executive director Alexander Ramos.
The Department of Information and Communications Technology (DICT) and the Maharlika Investment Corporation (MIC) signed on Tuesday, July 15, a Memorandum of Understanding (MOU) aimed at investing in digital infrastructure and services across the Philippines.
This is up from 52.8 percent in 2023, according to the Bangko Sentral ng Pilipinas (BSP) in its "2024 Report on the Status of Digital Payments in the Philippines”.
The Department of Information and Communications Technology (DICT) said Phases 2 and 3 of the National Broadband Project will push high-speed Internet deeper into the Cagayan Region, CALABARZON, Bicol, Eastern Visayas, and key areas in Mindanao such as Cagayan de Oro and Davao City.
