The National Economic and Development Authority (NEDA) has emphasized the need to expand the digital economy, including the digitalization of micro, small, and medium enterprises (MSMEs) and startups, to address the declining labor force and increase labor market gains in 2024 and beyond.
The Department of Science and Technology (DOST) is pushing for an aggressive digitalization program for the country’s struggling garment and fashion industry that includes digital prototyping and handloom weaving.
Fiber broadband firm Converge ICT and wireless operator Dito Telecommunity pulled off a surprise on Thursday, Jan. 11, when they announced in a press event in Taguig City that they have signed a “landmark” agreement that will allow the two companies to share select terrestrial and submarine fiber-optic cable assets.
The announcement comes after Coins.ph’s Australian arm successfully acquired an AUSTRAC Digital Currency Exchange registration, which is required for providing cryptocurrency exchange services in Australia.
A record high of 46,445 firms registered using the SEC Electronic Simplified Processing of Application for Registration of Corporation (eSPARC) from January to November 2023, surpassing the previous record of 42,936 for the entire 2022.
The E-Lotto, which is a digital version of the traditional lottery games, will be initially available on the Web via the PCSO website with Android and iOS apps expected to become available early next year.
Supreme Court (SC) senior associate justice Marvic Leonen warned law schools in the country to cope with emerging technologies, particularly AI or artificial intelligence, or risk falling behind.
The passage of the Internet Transactions Act of 2023, signed as Republic Act No. 11967, is expected to provide the public with the mechanisms to confidently embrace the digital economy.
