Though deemed highly successful, the government?s tech-driven disaster preparedness and mitigation program -- Project Noah (Nationwide Operational Assessment of Hazards) -- needs more scientists and advanced equipment so it can deliver more responsive and accurate information and alerts.
Trading activity from online investors also grew in 2013 with their share to total number of trades in the stock market growing to 29.3 percent in 2013 from 28.2 percent in 2012. In terms of value traded, online trading turnover went up by 23.9 percent in 2013 representing 6.1 percent of total regular market trades.
After displaying one of its best performances ever in last year's International Mathematical Olympiad (IMO) with three bronze medals and two honorable mentions, the Philippine team in this year's IMO took home a silver, two bronzes, and two honorable mentions -- the best feat the country ever had since joining the world's hardest math competition.
Smart Communications, Sun Cellular, and Globe Telecom said network coverage has been restored in areas battered by Typhoon Glenda. However, there are still service disruptions caused mainly by loss of commercial power, transmission interruptions because of fiber cuts, and misaligned microwave radios.
Emerson Process Management, a unit of St. Louis, Missouri-based tech giant Emerson, recently opened a new engineering and service center in Ortigas complex in Pasig City as part of its effort to provide regional expertise, support, training, and services for customers globally.
Sen. Paolo Benigno ?Bam? Aquino, who is slowly emerging as an ICT advocate in the Senate, has filed a resolution seeking to conduct an inquiry on the progress made by the national roadmap for e-commerce since the passage of the E-Commerce Law 14 years ago.
SAP Philippines managing director Darren Rushworth said the facility will initially hire 50 people and aims to double the headcount by next year. The plan is under the company's project Nucleus, which is a call center but is more sales-oriented.
A bill has been filed in the House of Representatives increasing the graveyard shift pay of business process outsourcing (BPO) employees from 10 percent to 25 percent of their basic salary. The existing applicable provision in the Labor Code only mandates an additional pay of 10 percent for work done from 10 pm to 6 am.
Titled the ?Big Data Act of 2014,? Aquino's bill is calling for the establishment of a Big Data Center where large volume of data sets used for research and development and other important purposes will be facilitated and protected.
EasyDrive is now said to be the fastest system in toll road access in the country compared to other electronic payment systems such as EasyTrip for NLEX (North Luzon Expressway) and e-Tap, also in Cavitex, noting that payment transactions using the RFID sticker only takes three to six seconds.
