A study conducted by state think tank Philippine Institute for Development Studies (PIDS) showed that there are certain groups who “benefit more from [the] digital economy”.
Category: Top Stories
A study funded by the Asian Development Bank and conducted by state think tank Philippine Institute for Development Studies (PIDS) said regulatory frameworks must be in place to ensure that consumers are protected in the platform economy.
The rules revised the 2010 version and took effect on Nov. 16, 2020. Specifically, it makes IP litigation less costly, faster and in sync with newer laws.
Under the proposed rules, a regulated entity must create a management group called the Information Security Group (InfoSec Group), separate from its existing Information Technology Group, and appoint a Chief Information Security Officer.
The Better Broadband Alliance (BBA) has sent a letter to House Speaker Lord Allan Velasco and Senate President Vicente Sotto III, BBA to urge the passage of two key policy reforms to improve telecommunications and Internet services.
The DICT expects the government to save P720 million in Internet subscription expenses in the first year of implementation of the NBP or up to P34 billion in the next five years.
One of the proposed measures is House Bill 6646, which creates a Bangko Sentral Digital Peso (BSDP) as a medium of exchange or as money for use on all digital and means.
Sen. Panfilo Lacson has questioned the move of the bicameral conference committee of Congress to give a “useless” increase of less than P1 billion in the 2021 budget of the Department of Information and Communications Technology (DICT).