Fixed communications service revenue in Philippines to grow at 5 per cent CAGR over 2021-2026

Mobile revenue to also grow. The total fixed communications service revenue in the Philippines is expected to increase at a compounded annual growth rate (CAGR) of 5.0 per cent from $US3.6bn in 2021 to $US4.7bn in 2026, mainly driven by the strong growth in fixed broadband segment according to GlobalData,…

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The Philippine smartphone market remained resilient

Despite COVID-19 resurgence in 2Q21. The Philippines smartphone market grew 22.6 per cent year-on-year in 2Q21, according to the International Data Corporation’s (IDC) Quarterly Mobile Phone Tracker. This was the fourth consecutive quarter of year-on-year growth. “Despite supply concerns, vendors are now in a better position of managing their supplies a year after…

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NPC is set to impose administrative fines

Building maximum data privacy resilience by encouraging full accountability, compliance, and ethics. National Privacy Commission of Phillipines is set to impose administrative fines on data privacy violations of personal information controllers or processors from the private sector. A separate initiative for government agencies is also underway with the NPC holding…

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Central bank of Phillipines pushes digital-heavy society

Cybersecurity important to building trust with citizens. Governor Benjamin E. Diokno of the Bangko Sentral ng Pilipinas (BSP described his vision for the Philippines becoming a digital-heavy, cash-light society to help achieve inclusive growth – with “50 per cent or half of all transactions should be digital by 2023, and…

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Philippines SEC issue cybersecurity notice to companies

Cybersecurity more than just an IT issue The Securities and Exchange Commission Philippines issues a cybersecurity notice to all corporations under the supervision of the Commission. Companies are advised “in light of the increase of online digital transactions, the rise of cyber financial crimes, and the recent reports of hacking…

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Working in male dominated IT field in Phillipines

Women researchers at DOSTI-ASTI spoke about their experiences within the field of ITC The Phillipines’ Department of Science and Technology – Advanced Science and Technology Institute (DOSTI-ASTI) is known for its contributions to the growth of Space Technology, Information and Communications Technology (ICT), and Microelectronics in the country. Early in…

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