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BSP likely to 'accomplish' digitalization goals by 2022: Diokno

ABS-CBN News
Updated as of Jun 01 03:50 PM

The Bangko Sentral ng Pilipinas could achieve its digitalization goals before the end of 2022, BSP Governor Benjamin Diokno said Tuesday. Read more »

Digitalization crucial for economy to 'remain viable': Finance chief

ABS-CBN News
Posted at May 26 11:50 AM

The economy should speed up the adaption of digitalization to "remain viable" as the old brick-and-mortar strategy is no longer enough to meet the changing needs of consumers, Finance Secretary Carlos Dominguez III said Wednesday.  Read more »

BSP's digital dream: Electronic payments for sari-sari stores, tricycle drivers

ABS-CBN News
Updated as of May 07 10:52 AM

Part of the Bangko Sentral ng Pilipinas' digital transformation roadmap is to penetrate the micro level in terms of digital payments, Deputy Governor Mert Tangonan said Friday. Read more »

BSP bats for stronger, 'digitalized' post-pandemic economy

Jessica Fenol, ABS-CBN News
Posted at Apr 26 02:24 PM

The Bangko Sentral ng Pilipinas is working with the government not just in terms of pandemic recovery but also in building a stronger and "digitally advanced new economy", the central bank's chief said Monday.   Read more »

Expanded access to satellite technology to boost digitalization in PH: BSP

Bruce Rodriguez, ABS-CBN News
Posted at Apr 15 06:10 PM

The Bangko Sentral ng Pilipinas said Thursday the measure meant to expand internet providers' access to satellite services will "contribute" to its financial inclusion and digitalization goals. Read more »

EU to borrow around 150 billion euros annually for recovery fund

Reuters
Posted at Apr 14 05:13 PM

The European Commission plans to borrow around 150 billion euros annually until 2026 to finance the bloc's unprecedented plan to make its economy greener and more digitalized, making it the biggest issuer in euros, a document from the Commission showed. Read more »

SSS tells half of staff not to report to office in areas under GCQ

ABS-CBN News
Posted at Mar 22 08:06 PM

SSS said the move aims to minimize the risk of exposure of the transacting public and its employees to COVID-19 amid the recent surge in cases. Read more »

How the COVID-19 pandemic changed the Philippine legal profession

John Gabriel Agcaoili, ABS-CBN News
Posted at Mar 17 06:50 PM

Because of the pandemic, the Philippine judiciary has been forced to discard traditional methods and fast-track its transition to a digital workspace.  Read more »

SSS adds BPI as payment gateway in mobile app

ABS-CBN News
Posted at Mar 17 06:27 PM

The Social Security System said Wednesday it has added the Bank of the Philippine Islands as a new payment channel for members to pay their contributions through the SSS mobile app.    Read more »

SSS to expand digital services amid surge in online transactions

Bruce Rodriguez, ABS-CBN News
Posted at Mar 03 04:18 PM

The Social Security System (SSS) is poised to expand its digital services to keep up with a surge in online transactions as well as adapt to the new normal brought about by the COVID-19 pandemic. Read more »

Customs says study shows 'improved' processing of cargo with digitalization

ABS-CBN News
Posted at Jan 04 12:56 PM

The Bureau of Customs on Monday said there were improvements in the processing of cargo in 5 ports across the country as the agency shifted to digital systems, based on a study by the agency.    Read more »

World Bank extends $900-M loan to aid in pandemic recovery, boost PH competitiveness

ABS-CBN News
Posted at Dec 17 01:16 PM

World Bank said Thursday its board approved a $900 million loan facility for the Philippines to support two projects aimed at raising competitiveness and fast-tracking the country's recovery from the pandemic and natural disasters. Read more »

GCash says hits P1-T worth of transactions as pandemic pushes e-payments

ABS-CBN News
Updated as of Dec 08 08:20 PM

Martha Sazon, President and CEO of Mynt, which operates GCash, said GCash transactions this year have already surpassed the cumulative number of payments done through its system from 2017 to 2019. Read more »

PH lags in use of digital tech compared to neighbors: World Bank, NEDA study

ABS-CBN News
Posted at Oct 05 05:21 PM

The study said the Philippines remains behind Singapore, Malaysia, Thailand, and even Brunei in the use of digital technologies by businesses, the government, and citizens. Read more »

‘Data, statistics are like GPS’: DICT chief presses policies vs roadblocks in digitalization push

Warren de Guzman, ABS-CBN News
Posted at Oct 01 01:04 PM

Roadblocks in data gathering and information and communication technology should be addressed in order for the Philippines to remain on course on its digitalization efforts especially during the coronavirus pandemic, an official said Thursday. Read more »

Pandemic highlights need for 'urgent' automation of national statistical system: NEDA

Jessica Fenol, ABS-CBN News
Posted at Oct 01 11:18 AM

The Philippine statistical system should urgently pivot to full automation as the COVID-19 pandemic highlights the need for information to mitigate its impact and hasten recovery, Acting Socioeconomic Planning Secretary Karl Kendrick Chua said Thursday.    Read more »

Philippines eyes adding more films on Netflix, streaming sites

Katrina Domingo, ABS-CBN News
Posted at Sep 29 10:29 PM

Video-streaming services began acquiring between 5 and 15 Filipino films every month since June, and there are at least 70 Philippine titles on these platforms now. Read more »

Alibaba Cloud aims to expand market share in PH by training 50,000 IT workers

Art Fuentes, ABS-CBN News
Updated as of Sep 20 12:46 PM

The company said it also aims to certify at least 10,000 of these IT professionals as well as help 5,000 businesses in the Philippines on their digital migration by end-2023. Read more »

Angara wants mandatory cashless payment for all gov't agencies, state-run companies

Katrina Domingo, ABS-CBN News
Posted at Aug 31 05:20 PM

Sen. Sonny Angara has filed a bill mandating all government offices and state-run corporations to collect and disburse payments through electronic systems to make transactions "efficient" especially during the global pandemic when physical contact needs to be minimized. Read more »

PH eyes clinching top 40% spot in World Bank business report

Bruce Rodriguez, ABS-CBN News
Posted at Aug 27 02:12 AM

MANILA – The Philippines seeks to clinch a top 40 percent spot in the World Bank's annual Doing Business report, as its anti-red tape body leads efforts in digitalizing government agencies, amid the COVID-19 pandemic. Read more »