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VIRTUAL BANKS in the Philippines looking for growth opportunities must target the young and unbanked as well as small businesses, S&P Global Ratings said.
DAVAO CITY — Video-sharing platform TikTok was this year’s stage for the Indak-Indak street dancing competition, one of the highlights of the annual Kadayawan Festival in August.
BUENOS AIRES — With theaters closed around the world, three South American dancers have created a digital dance-off for aspiring twirlers, with Instagram the new stage where competitors from Argentina and Brazil to Israel and Italy post clips of their moves.
THESE ARE uncertain times with a pandemic wreaking havoc on people’s health and the country’s (and the world’s) economy, but uncertain times notwithstanding, Filipinos will do what they are best at doing: adapt and endure. The same goes for the music industry which at first was halted by one of the longest lockdowns in the world as it is an industry that thrives in front of a live audience, but it has since adapted and re-programmed to be visible digitally.
THE Philippines ranked 66th out of 85 countries in the 2020 Digital Quality of Life Index, saddled with issues like expensive, low-quality internet and the need to upgrade its electronic infrastructure.
Digitized education levels the playing field for students with special needs, said Shaina Tantuico, co-founder and executive director of TinyLabs, a virtual class platform for children up to seven years old.
THE House Ways and Means Committee on Wednesday approved a measure that would impose a 12% value-added tax (VAT) on digital services, particularly those offered by foreign technology companies such as Facebook, Netflix, Inc., Alibaba’s Lazada and Alphabet’s Google.
THE CORONAVIRUS pandemic may be a drag on economies across the globe, but in Japan it’s bringing long-overdue change in work habits and tools.
DAVAO CITY — Cargo logistics operations are slowly improving with the easing of lockdown rules, but the industry says supply chains remain challenged due to the workload imposed on freight forwarders and the failure of government agencies in charge of approvals for the movement of goods to fully embrace digital processes.
THE Department of Trade and Industry’s export promotion arm is cancelling the 71st Manila FAME trade show as it shifts to digital promotion activities.
In a recent speech, President Rodrigo Duterte declared that face-to-face classes will be suspended until a vaccine for the coronavirus disease 2019 has been found. As a result, the country’s educational system, from basic to higher education, finds itself abruptly shifting to either blended or online modes of instruction.
NEW digital behaviors adopted by consumers and businesses during the coronavirus crisis are expected to linger after the pandemic, accelerating the long-term growth of the technology sector, the Franklin Equity Group said.
TONIK is powered by BPC The Philippines is about to welcome its first digital-only bank. TONIK Digital Bank Inc, founded in 2018, received its banking...
UTILITY PAYMENTS and remittance transactions are still done manually by majority of Filipinos, according to a study by Better Than Cash Alliance which recommended an interoperable platform to streamline these inflows.
THE COUNTRY has seen a leap in moving towards a more digital economy with a significant growth in the volume of e-payments, according to a study cited by the Bangko Sentral ng Pilipinas, with Filipinos also becoming more trustful of online payments as the value of the transactions made have also inched up.
Digital financial services adoption is growing fast as mobile and internet penetrate all corners of the country. For most of the unbanked and underserved,...
THERE IS huge scope to raise digital transactions in the country by pushing more Filipinos to use their bank cards beyond cash withdrawals, payments provider Visa said.
IT’S THAT time of year — our planet has made its trip around the sun and as we close out 2018, we look ahead and think about the possibilities for 2019.And we’re closing in on the next decade of innovation that takes us into 2030, where we at Dell Technologies predict we’ll realize the next era of Human-Machine Partnerships — where we will be immersed in smart living, intelligent work, and a frictionless economy.
With the Asia-Pacific having the largest population of Internet users and its e-commerce market achieving the highest growth rate in 2017 compared to other...
Cybersecurity insights from Kaspersky Lab.
UNIONBANK of the Philippines is set to convert more branches into “fully digital” offices this year amid its push to digitize its processes and services.
Last May 18, BusinessWorld, the most read and most respected business newspaper in the Philippines, triumphantly staged the third edition of its annual BusinessWorld...
By Bjorn Biel M. Beltran, Special Features Writer When the concept of health maintenance organization (HMO) became popular in the United States in the early 1970s,...
The boxing superstar-turned-legislator recently led the seed funding of a local car rental platform.
THE Bankers Association of the Philippines (BAP) has partnered with a technology and consulting company to develop an industry-wide facility to enhance the country’s...
NEARLY all businesses in the Philippines believe the inclusion of digital payments in their business models improve their financial health, according to a survey...