Amazon Web Services (AWS), an Amazon.com company, today released a report revealing that micro, small, and medium-sized enterprises (MSMEs) that embrace cloud-enabled technologies in Indonesia are expected to unlock up to 79.6 trillion IDR in annual productivity gains and support 17.6 million jobs across the healthcare, education, and agriculture sectors by 2030, representing an average […]
The Philippines, along with the entire Southeast Asia region, is highly vulnerable to the impact of climate change. To address this scenario, the country needs tech-enabled startups capable of delivering solutions that not only facilitate adaptation to climate change but also expedite large-scale decarbonization efforts. Photo shows (from left:) Dustin Jefferson Onghanseng, CEO of UHoo; […]
Partnership to provide consumers in the Philippines with more accessible financial solutions. Smile API, the provider of employment data for credit decisions and loan underwriting, has announced a data partnership with Atome, Southeast Asia’s leading digital consumer financing platform. Through this partnership, Smile API is hoping to help accelerate financial inclusion in the Philippines by strengthening […]
As the ‘Ber’ months approach, they bring with them a season of celebrations and shopping. From today up to December, it’s time to prepare for festivities and stock up for noche buena and New Year’s Eve with Mocasa for all your holiday shopping needs. Mocasa offers a Pay Later credit line of up to PHP30,000 […]
Launch of Digital Pilipinas Festival seen to help push for a robust digital future for the Philippines The Department of Information and Communications Technology (DICT) kicked off Cybersecurity Month last October 9 with a media launch that had as its theme, “Sama-Sama para sa Cyberseguridad” at the DICT Building in Diliman, Quezon City. The event […]
To restore the profitability of banks and guarantee business continuity, the Bangko Sentral ng Pilipinas (BSP) has recently advised mid-sized banks to create and submit their recovery frameworks against high-stress scenarios. Facade shot of the BSP building in Manila (IMAGE CREDIT: www.bsp.gov.ph) Speaking during the 2023 annual convention of the Chamber of Thrift Banks (CTB), […]
The Financial Sector Forum (FSF) remains committed to intensifying efforts in building a more resilient, sustainable, and inclusive financial system in the Philippines through its ongoing projects. In a meeting with BSP governor and FSF chairman Eli M. Remolona, Jr., which was held last September 29, the FSF said that these projects are in the […]
Asia United Bank (AUB), which is led by Rebisco, is now making it possible for more local businesses in the Philippines to accept cross-border digital payments from Malaysia, South Korea, and Hong Kong via their recently launched Alipay+ and AUB PayMate app. The AUB Paymate app is a web-based platform that allows establishments to accept Alipay […]
Ant Group, the operator of Alipay+, the global cross-border digital payments and marketing solution, today announced that a total of four mobile wallets are now accepted in the Philippines. These include AlipayHK (Hong Kong SAR), Kakao Pay (South Korea), Touch ‘n Go eWallet (Malaysia), and Alipay (Chinese mainland), which have been accepted by Filipino merchants […]
A team of experts from the International Monetary Fund (IMF) led by Mr. S. Jayanath Peiris recently conducted a series of discussions on the Philippine economy as part of its 2023 Article IV Mission, an annual bilateral consultation with member countries where an IMF Mission Team meets with government and central bank officials to discuss […]
