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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

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:  philippinetimesRelated NewsFeb 20th, 2024

NEDA welcomes award of NAIA PPP

The award of the contract for the P170.6-billion project to rehabilitate the Ninoy Aquino International Airport highlights the emphasis of the Marcos administration in providing world-class air transportation infrastructure to achieve the government’s economic transformation agenda, according to the National Economic and Development Authority......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

‘Ang sarap sa pakiramdam’: Kyline Alcantara going solo, no love team for 2024

A transformation awaits Kyline Alcantara this 2024......»»

Category: entertainmentSource:  philstarRelated NewsFeb 14th, 2024

4 Ayala malls up for renovation

Ayala Land Inc. is redeveloping and renovating four of its famed shopping districts as part of the group’s transformation journey......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Retail most targeted sector for digital fraud in Philippines

The retail sector is the most targeted industry for fraudulent digital transactions in the Philippines last year, according to an analysis conducted by global information and insights company TransUnion......»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

Maya solidifies hold as top digital bank

Maya solidifies hold as top digital bank.....»»

Category: newsSource:  sunstarRelated NewsMay 17th, 2024

Southeast Asia firms face threat of digital break-in–report

Cybersecurity leader Kaspersky has neutralized more than 61 million brute force attacks against businesses in Southeast Asia, including about five million in the Philippines, warning companies to raise their digital defenses or suffer financial consequences......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Group bats for lease-free broadband connectivity for digital economy growth

A digital advocacy network said that the Philippines should lift the lease payments for the setup of internet connection, emphasizing that it will have a positive impact on Filipino web users......»»

Category: newsSource:  philstarRelated NewsApr 28th, 2024

DTI, DOLE partner to boost digital skills

The Department of Trade and Industry and Department of Labor and Employment are pursuing initiatives to enhance the digital skills of the country’s workforce......»»

Category: financeSource:  philstarRelated NewsApr 27th, 2024

Philippines hones skills of workforce in digital technology

MANILA, April 27 (Xinhua) -- The Philippine government is honing the skills of the Filipino workforce in digital technology as the country aims to create 45 million "green and high-quality jobs," according to the Department of Trade and Industry (DTI) statement released Friday night. During Friday's meeting with the Department of Labor and Employment (DOLE) and the DTI, Trade and Industry Secretary Alfredo Pascu.....»»

Category: newsSource:  manilanewsRelated NewsApr 27th, 2024

Philippines digital economy expands by 7.7 percent in 2023

The value of the Philippine digital sector went up by 7.7 percent to P2.05 trillion in 2023 from P1.9 trillion in 2022, according to the Philippine Statistics Authority......»»

Category: newsSource:  philstarRelated NewsApr 25th, 2024

Digital economy contributes 8.4 pct to Philippine economy in 2023

MANILA, April 25 (Xinhua) -- The digital economy amounted to 2.05 trillion pesos (35.396 billion U.S. dollars) in 2023, contributing 8.4 percent to the country's gross domestic product (GDP), the Philippine Statistics Authority (PSA) said Thursday. "This resulted in a 7.7 percent growth from the 1.90 trillion pesos (32.8 billion dollars) gross value added of the digital economy in 2022," the agency said......»»

Category: newsSource:  manilanewsRelated NewsApr 25th, 2024

Pioneering innovation in digital banking

Oradian, a core banking software provider for emerging markets, based in Makati, recently hosted an event that has set the financial sector buzzing with discussions on innovation and agility in digital banking......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Investors pour over $700 million into Philippine digital banks

Global and local investors have poured over $700 million (around P40 billion) into the country’s digital banking sector to support the industry’s growth and potential to reshape the online financial landscape......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

The art of friendships: Cultivating meaningful connections in the digital age

The art of friendships: Cultivating meaningful connections in the digital age.....»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

Streamlining the Philippines’ tax regime by taxing digital services

It is undeniable that we are currently living in a dynamic landscape of the digital era......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

Thailand plans to hand out $13.7B in digital money

Thailand plans to hand out $13.7B in digital money.....»»

Category: newsSource:  sunstarRelated NewsApr 12th, 2024

CARD MRI clinches Digital Financial Inclusion Award

CARD Mutually Reinforcing Institutions (CARD MRI) was selected as one of the five microfinance institution (MFI) winners at the 2nd Digital Financial Inclusion Awards......»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

New Vatican document on human rights condemns gender theory, digital violence

The Vatican has released a new document updating the Church’s teachings on human rights touching on contemporary issues such as abortion, gender theory, sex change and digital violence......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024