Monday, April 15, 2024
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digital economy

To stem declining labor force, NEDA cites need to expand digital economy

The National Economic and Development Authority (NEDA) has emphasized the need to expand the digital economy, including the digitalization of micro, small, and medium enterprises (MSMEs) and startups, to address the declining labor force and increase labor market gains in 2024 and beyond.

Report: E-commerce driving red-hot PH digital economy

This year’s e-Conomy SEA report from Google, Temasek and Bain & Company, said the Philippine digital economy is set to continue its double-digit growth by 2025, making the Philippines one of the fastest-growing digital economies in Southeast Asia.

PH digital sector upbeat as new regional trade pact set to take effect

The Regional Comprehensive Economic Partnership (RCEP) Agreement, which will take effect early this year, is the first free trade agreement (FTA) of the Philippines with comprehensive provisions on e-commerce.

Free flow of data across borders crucial to PH’s digital economy: exec

Jeremille Raton, a digital advocate and business development manager for a Chile-based technology and data science company, said the digital economy’s cross-border nature is crucial to its success.

Study cites barriers, challenges in taxing PH digital firms

The “complex and multifaceted” nature of the digital economy creates tax issues, according to a study published by state think tank Philippine Institute for Development Studies (PIDS).

PH must stake claim to booming digital economy — ADB expert

Thomas Abell, chief of Asian Development Bank (ADB)’s Digital Technology for Development, said the world might see an economic boom that will fuel digital economy as countries transition to the so-called ‘new normal’ once “the pandemic starts to recede.”

Who benefits from digital economy? ADB-funded study identifies groups

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”.

E-commerce drives growth of PH digital economy in 2020: report

The study revealed that 40 million people came online for the first time this year, bringing the total number of Internet users in Southeast Asia to 400 million.

Allianz unveils strategy to attract more customers in digital economy

Its Allianz-as-a-Service offers products and services through open APIs (application programming interface) to leverage many technologies, among them Internet of Things (IoT) or blockchain.

Lack of trust in personal data threatens digital economy

The lack of trust in how personal data is protected and used has the potential to jeopardize the economic and social value of this important asset class, according to a new World Economic Forum report released recently.
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