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As a start, PayMaya account holders will soon be able to remit their tax payments to BIR through the Pay Bills feature of the PayMaya app. PayMaya is also working with BIR to extend digital tax payments to other channels, such as through its online portal and its revenue district offices nationwide.

The Philippines moved up from the 56th place to 55th spot in this year’s IMD World Digital Competitiveness Ranking (WDCR).

PayMaya is providing its universal payments platform to DTI to accept all forms of non-cash payments.

With the investment, Converge ICT said it will be able to fastrack the construction of its $1.8-billion nationwide Internet backbone.

There's an estimated 124 fintech lenders in the Philippines comprising of 75 mobile apps, 40 Web-based, and five brick-and-mortar with tech platform. But less than half of these firms are registered with the government.

The Foundation for Media Alternatives said it is not against the use of data-intensive systems (DIS) but it is calling for a comprehensive planning and analysis of such systems in order to minimize the risks that go along with their use.

But the DICT has been under fire from lawmakers who have criticized the slow roll-out of free Internet in public areas around the country, particularly in state universities and colleges (SUCs).

The DICT said it will focus on acquiring baseline data for the next three years before launching new major programs including cybersecurity.

Newly confirmed DICT secretary Gregorio Honasan said the next 18 months will be crucial for the DICT to set the course of the Digital Philippines vision.

A new study of the content-viewing behavior of Filipino consumers revealed that 34% of consumers use a TV box which can be used to stream pirated television and video content.