E-money payments in Southeast Asia, excluding the Philippines, grew to $26 billion in 2019 from $15 billion in 2018, according to S&P Global Market Intelligence’s latest Southeast Asia E-Money Market Report.
Sen. Sherwin Gatchalian is pushing for the bill mandating registration of all users of pre-paid SIM cards in the Senate after scammers managed to charge to his credit card account an online food delivery using a prepaid mobile phone.
The National Privacy Commission (NPC) is extending the cease-and-desist order (CDO) on lisensya.info following the failure of its owners and operators to counter privacy violation allegations hurled against the site.
Investree Philippines, a joint venture between Filinvest Development Corporation and Investree Singapore, is the first crowdfunding intermediary and funding portal registered with the SEC since the Rules and Regulations Covering Crowdfunding took effect in July 2019.
During the virtual meeting last December 28, 2020, Sen. Aquilino "Koko" Pimentel III said SpaceX vice president for satellite government affairs Patricia Cooper mentioned the possibility of Starlink covering the Philippines by the third quarter of 2021.
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”.
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.
