Based on internal projections, Department of Trade and Industry (DTI) undersecretary Rafaelita Aldaba said that by 2030, there would be 6.6 million EVs on local roads, half of which are targeted to be manufactured locally.
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The PhiliFintech Innovation Office (PIO), under the SEC’s Corporate Governance and Finance Department (CGFD), will focus on the regulation of the use of fintech, or financial technology, in the Philippines.
NEDA director-general Karl Chua said he saw the significance of digitalization during the pandemic when social protection programs cannot be delivered because there was no single registry or database of Filipinos to identify beneficiaries.
According to a study of state think tank Philippine Institute for Development Studies (PIDS), the global outlook of the EV sector is “very optimistic” given the increasing trend that has been observed in the global fleet for any type of vehicle from 2010 to 2019.
Filipino Online Professionals Service Cooperative (FOPSCo) chairperson Rochefel Rivera emphasized the need to use the term “online professionals” instead of “freelancers” when referring to people working in the online industry for better representation.
Local telcos DITO, Globe Telecom, and Smart Communications conducted the tests in preparation for the implementation of mobile number portability by September 30.
The bill criminalizes several prohibited acts such as placing of hoax orders, cancellation of confirmed orders, and refusal to receive unpaid order.
Of the 31 cities launched as part of the Digital Cities Program in June last year, nine cities — Balanga, Batangas, General Santos, Iligan, Legazpi, Puerto Princesa, Taytay Rizal, Tuguegarao, and Zamboanga — completed their five-year roadmaps.