National Economic and Development Authority (NEDA) director-general Arsenio Balisacan has stressed the need for the government to transform its own processes so that Filipinos can more easily access and avail of the public services.
Department of Finance (DOF) secretary Benjamin Diokno identified digitalization as the key to transforming the system and eradicating corruption within the Bureau of Internal Revenue and Bureau of Customs.
Department of Finance (DOF) secretary Benjamin Diokno identified digitalization as the key in transforming and eradicating corruption within the government’s two main revenue agencies.
The construction business has already converged with the growing number of industries undergoing digital transformation with the goal of adapting to the evolving landscape, but Procore Asia vice president Bruce Wells sees a mismatch of expectations since construction technology is designed by movers in the technology space, not in the construction scenes.
In media interviews after the announcement of her appointment as BIR chief, Lilia C. Guillermo also said she’s keen on going after social media influencers and professionals in a bid to raise revenues for the government.
After onboarding 100,000 sari-sari stores in Luzon, Filipino startup Growsari has announced its plan to expand to Visayas and Mindanao with the aim of hitting its target of 300,000 store partners by 2023.
In 2019, the former paging company announced that it would steer towards transforming into a data technology company, focusing on a suite of services such as cloud-based services, analytics, and cybersecurity.
BPI said that while many companies purposely reduced expenses during the pandemic, it spent nearly P9 billion or about 9% of total revenue in 2021 on technology, including new digital initiatives such as building and improving customer engagement platforms and onboarding new partners in its open banking business.
According to a 2021 report by consultancy firm AlphaBeta, the Philippine digital economy can generate P5 trillion by 2030. This thriving digital economy, however, will only emerge if businesses leverage digital transformation.
