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Digital banks post significant deposit, loan growth in 2023

The digital banking sector has recorded a significant growth in total deposits and loans in 2023 compared to a year ago, as consumers looked for more accessible and user-friendly financial services......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

AsPac govts spending heavily on digital security

As state agencies fall victim to cyber attacks, the public sector in Asia Pacific, including in the Philippines, is investing at least $7 billion this year for the upgrade of digital defenses......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Scorching schools: How heat worsens conditions of poor students in PH

[This is the second and last part of a special report on how extreme heat in 2023 impacted the education sector in the Philippines. Click here for the first part.] CEBU CITY, Philippines – The same analysis by Cebu Daily News Digital (CDN Digital) showed that even private schools, which usually have better facilities and.....»»

Category: newsSource:  inquirerRelated NewsMar 24th, 2024

Government to adopt digital tools, AI in agriculture

The Marcos administration plans to adopt digital technologies, including artificial intelligence to modernize the country’s agriculture sector, according to the Philippine Development Report......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

SEC enhancing digital initiatives in bid to boost regulatory compliance

The Securities and Exchange Commission is further streamlining requirements and processes for regulatory compliance as it strives to chart the Philippine corporate sector’s path toward a digital-first world......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Kita ng digital economy pumalo sa P2T

Lumampas sa P2 trilyon ang kita ng tinatawag na digital economy noong 2023. The post Kita ng digital economy pumalo sa P2T first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 30th, 2024

Should You Bite on Digital Credit Line Offerings?

Digital credit lines have become a prevalent offering for digital platforms like digital banks and online shopping apps. These readily available lines of credit, often so accessible, can be tempting, especially for unexpected expenses. But before you hit “apply,” it’s crucial to weigh the pros and cons to determine if a digital credit line aligns […].....»»

Category: newsSource:  metrocebuRelated NewsApr 22nd, 2024

Navigating the Ticketing Maze: Evaluating Digital and Hard Copy Tickets for Performances and Athletic Events

The ticketing landscape for concerts and sporting events has changed significantly in the era of digital innovation, giving customers the option of digital or physical.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 1st, 2024

The Importance of Still Keeping Loose Change

In the Philippines, the convenience of digital payments is quickly becoming the norm. There are now fewer lines to the ATMs every payday, people are now using their phones more for payments, and digital banks are becoming more prevalent. Amidst the digital transformation the country is undergoing, we often hear “I don’t have cash” from […].....»»

Category: newsSource:  metrocebuRelated NewsMar 20th, 2024

Digital times call for digital measures

The Bureau of Internal Revenue has recognized the undeniable rise of digital commerce in the Philippines by promulgating Revenue Regulation16-2023, issued on Dec. 21, 2023, and Revenue Memorandum Circular 08-2024, issued on Jan. 15, 2024, respectively......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

4Ps beneficiaries learn digital financial literacy from experts

Some 58 Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries learn the importance of digital literacy and savings during the pilot implementation of the 4Ps Digital Financial Literacy Program on Saturday (February 24) at the DSWD Central Office Auditorium, Quezon City. Resource speakers from Landbank of the Philippines (LBP), Bank of the Philippine Islands (BPI) Foundation, and […].....»»

Category: newsSource:  journalRelated NewsFeb 25th, 2024

Maya is '1 Digital Bank in PH

Maya now stands as the #1 Digital Bank in the Philippines, revolutionizing the industry with its unified payments and banking services on one digital platform. In 2023, Maya saw a remarkable increase in users, with 3 million depositors, more than double the previous year, and a deposit balance reaching PHP25 billion, a 69% increase from […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 10th, 2024

Agoda’s Eco Deals Survey: 4 in 5 Travelers Care About More Sustainable Travel

As Pinoy travelers venture to explore new horizons, they are increasingly mindful of the potential impact of their choices. According to a survey conducted by digital travel platform Agoda, 92% of Filipino travelers care about more sustainable travel. Respondents highlighted that financial incentives, the availability of sustainable travel packages, and clearer guidance on sustainable travel […].....»»

Category: newsSource:  metrocebuRelated NewsMar 29th, 2024

Maharlika fund eyes JV for rural telco towers

The Maharlika Investment Corp.is in the process of tapping foreign partners for a joint venture in building telecommunication towers in rural areas in a bid to address the digital gap......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

PSAC, private sector join forces to create more job opportunities

The Private Sector Advisory Council has teamed up with the SM Group, online job platform JobStreet by SEEK and business groups in a bid to open up more job opportunities and help address the job skills mismatch in the country......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

TikTok Shop Launches TikTok Shop Business School to Help Digitize Filipino Entrepreneurs

TikTok Shop launched TikTok Shop Business School, a comprehensive one-day program for Filipino entrepreneurs that aims to equip them with the skills to grow their businesses in the digital sphere. The full-day program, which 50 TikTok Shop entrepreneurs attended, was comprised of master classes on Corporate Strategy and Business Model with Kim Lato, Founder and […].....»»

Category: newsSource:  metrocebuRelated NewsMar 26th, 2024

Soft skills development in the digital era

I recently marked my 35th year of service in Meralco and as I ponder on this more than three decades of professional journey with the company, I am struck by the profound evolution that has both shaped and defined our communication landscape......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

JuanHand, FEdCenter announce partnership to revolutionize financial literacy in the Philippines

The partnership officially commenced in January 2024, which aims to revolutionize not only financial literacy but also transform the fintech landscape across the nation......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Security Bank, Helios team up for solar energy in households

Security Bank Corp. has tied up with climate fintech firm Helios to boost the access of Filipino homeowners to clean and sustainable energy......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

ADB approves 655,000 USD to help Philippine rural banks digitization

MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024