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).
Ookla said the mobile Internet speed in the country also improved, but at a much slower pace, showing an 99.1% increase in download speed over the last four years.
The initiative is in line with the first phase of the National Broadband Program (NBP) which will link established provincial broadband networks to the national fiber backbone.
At a virtual hearing conducted by the House ICT committee on Friday, Nov. 27, the National Telecommunications Commission (NTC) sought the help of Congress to require gated subdivisions to provide utility areas for telco infrastructure such as cell towers.
The new software lab reflects Dyson’s ambitions to double its portfolio of products and enter entirely new fields by 2025, as it accelerates research and development into robotics, software, AI, and machine learning.
Leading the winners from the Philippines is the NOVUS Team from Dr. Yanga’s Colleges Inc.
Its entry, a robot called Project Feet, can manufacture footwear from plastic trash and is imbedded with piezo discs that can generate power for mobile phones and other gadgets.
Current indicators show that the Philippines is ready to shift to digital payments and other financial technology (fintech) innovations. The Philippine government, particularly the...