The electronics sector, which accounts for over half of the country’s total merchandise exports, experienced a steep 18.8% decline in export value from January to May this year.
The Global Startup Ecosystem Report 2020 puts the value of Manila’s startup ecosystem at $1.6 billion, with a total early stage funding of $102 million over the last two and a half years.
Valenzuela representative Wes Gatchalian, author of House Bill No. 6122 or the proposed Internet Transactions Act, issued the clarification in the wake of a backlash to the BIR’s order for online sellers to register and pay tax dues.
With consumers now turning to online selling due the Covid-19 pandemic, the Department of Trade and Industry (DTI) said it will aggressively implement policies...
Given the increasing role of Internet in communications especially during the Covid-19 pandemic, a member of the House of Representatives is pushing the government and local telcos to bring a minimum of “4G, 30Mbps” mobile speed in the provinces.
FRL Trading, a Cebu-based retailer selling agri-based products, has diversified to producing washable face masks and running a grocery delivery service online.
Using the vacuum forming process, the Likha FabLab is able to reduce the time of fabrication to six minutes per face shield as compared to the traditional 3D-printing process that takes an hour and 42 minutes.
A fablab is typically equipped with an array of computer-controlled tools that cover several different length scales and various materials, with the aim to make "almost anything".
The free online listing on Google Maps and Search has become a valuable tool for local SMEs such as Quirino province-based Qmansi to reach to their target market.
The government and the private sector are moving to further cement the role of the country as a hotspot for innovation in the fintech space via the inaugural Philippine Fintech Festival (PFF) to be held on May 20 to 21.
