Current indicators show that the Philippines is ready to shift to digital payments and other financial technology (fintech) innovations. The Philippine government, particularly the Bangko
The Philippine Startup Week is back for a second run on November 23-27 and will now be held fully online.
DTI undersecretary for consumer protection group Ruth Castelo reported that 6,907 of the total 14,869 online purchase-related complaints from January to October this year were against shopping apps Lazada and Shopee.
Filipino startup Edukasyon.ph received $5,000 equity-free cash after emerging as the overall winner in the Wildfire Pitch Competition held during the Ignite 2020 Cyber Conference.
Japanese firm Yokowo recently decided to choose the Philippines as the site of a new subsidiary for automotive wiring harness and components manufacturing and assembly operations.
A unified quick response (QR) code for the logistics sector will be implemented in 2021 under the National Effort for the Harmonization of Efficient Measures of Inter-related Agencies (NEHEMIA) program of the Anti-Red Tape Authority (ARTA).
Department of Trade and Industry secretary Ramon Lopez said the roadmap will help the country become an “AI center for excellence” in the region, backed by a rich local talent pool and vibrant innovation and entrepreneurship ecosystem.
Department of Trade and Industry (DTI) undersecretary Ruth Castelo told a Senate hearing that the agency has no means to protect consumers from online sellers who cannot be located or do not provide any physical address.