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$1-billion maglev research hub to rise in Cagayan ecozone

The project will involve research and development, as well as for the production of light rail vehicles and medium and high-speed maglev trains that run from 200km to 400km per hour for neighboring countries in Southeast Asia, including the Philippines.

Clark selected as pilot site for Smart 5G City in PH

Under the MoU, PLDT and Smart, together with technology partner Ericsson, will fire up the first 5G cell site in the city in November.

PH marks new milestone as Diwata-2 micro-satellite hurls into space

Signaling the growth of the country's space program, the Philippines posted another milestone on Monday, October 29, after sending the Diwata-2 micro-satellite into space.

Ateneo de Manila, tech startup launch first blockchain lab in PH

he Ateneo-MediXserve Blockchain Education and Research Laboratory or AMBERLab was launched on Monday, October 22, as the country?s first university-based blockchain and education research laboratory.

Loan app backed by JG Summit, HK firm joins fintech fray

Cashalo, a mobile lending platform backed by local conglomerate JG Summit and Hong Kong-based tech firm Oriente, has P10 billion as initial lending fund for underbanked consumers and MSMEs in the Philippines.

Poe says Now Telecom can’t delay 3rd telco selection on mere whim

The government is set to announce a "provisional" third telco on November 7 barring any decision from the courts, according to Department of Information and Communications Technology (DICT) acting secretary Eliseo M. Rio Jr.

NPC says 755,973 PH users affected by Facebook data breach

The NPC directed Facebook to implement identity theft insurance or credit monitoring service for free to affected Filipino users or establish a dedicated helpdesk to provide assistance in identity restoration and other related matters.

PH competition body slaps P16-M fine on Uber, Grab on merger deal

The anti-trust watchdog said the non-compliance of both companies has prejudiced its review process and impeded their ability to impose remedies for the benefit of the riding public.

Chinese crypto firms boost CEZA’s income by 212% in first 9 months

However, collection from online gambling operations slowed down compared last year and could be attributed to CEZA's new thrust to limit online gambling operations inside the zone.

Now Corp. to sue DICT chief for massive drop in stock value

Now Corp. said it is planning to file charges against Department of Information and Communication and Technology (DICT) acting secretary Eliseo Rio Jr. for his alleged ?reckless? statement that caused the free fall of the company?s shares.

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