Over the next five years, Envirotech Vehicles (EVT) is investing $80 million into the country, and is expecting to generate 800 direct jobs toward the production of 4,000 electric vehicles per year.
The Department of Budget and Management (DBM) said it is allocating a total of P24.13 billion for ICT-related expenditures from the P5.268-trillion national budget for 2023.
The Anti-Red Tape Authority (ARTA) said the automatic approval mandated by the Ease of Doing Business Act did not apply to Lyka, given that entities under investigation are not covered by the reglementary period under the law.
Having seen no irregularities by external probe, PLDT said it is attributing the overrun solely on the huge expenses it incurred for big-ticket projects and costly 5G equipment.
Called Surf2Sawa (S2S), the prepaid fiber product is now available in over 400 cities and municipalities across the country. It provides fiber Internet without data cap at 25 Mbps speed, but limited to six devices per household.
The Bangko Sentral ng Pilipinas (BSP) has approved the guidelines that will facilitate the full transition of all quick response (QR) code-enabled payments services to the National QR Code Standard or “QR PH.”
As the government pushes for the modernization of public utility jeepneys (PUJs), the Department of Science and Technology (DOST) is asking the public to look into electricity and LPG-powered public utility jeepneys as viable alternatives to the traditional jeepney.
House Bill 7327 mandates the creation of the Philippine Infostructure Corp. to manage government ICT assets, including infrastructure, platform, and software. The corporation shall have an authorized capital of P5 billion.
The removal of the online lending apps is in line with the previous discussions of the Securities and Exchange Commission (SEC) with tech giant Google.
