The development and use of technology have grown rapidly over the past few years, and this advancement has no doubt been boosted by the pandemic as interactions and transactions have been forced to move to contactless or digital modes. But while innovations continue to be churned out at a rapid pace, tech literacy appears to…
Ocean freight costs have bottomed out as demand for goods and raw materials has dwindled amid rising consumer prices that have discouraged spending. Royal Cargo chair and group CEO Michael Raeuber, in a recent interview with the reporters, said shipping costs have significantly gone down after peaking due to pandemic-induced factors such as lack of…
Innovation, adaptation and technology have helped the logistics sector of the Philippines overcome disruptions and deliver goods, people and services wherever and whenever they are needed. But panelists in the recent edition of Inquirer Project Rebound on “Logistics Sector: Driven despite Disruptions,” agreed that the system needed tweaking as the Philippines moves fully out of…
Maya Business, the country’s largest digital payments processor for key industries, leapfrogs the digital transformation of Philippine enterprises and government institutions with its integrated payment acceptance solutions and progressive digital banking services. Formerly PayMaya Enterprise, the new Maya Business was relaunched in July, along with new services to boost the growth of its partner enterprises. …
A Russian cybersecurity firm has warned Filipino firms against the further proliferation of ransomware attacks as more “cyberhackers” look for opportunities to receive a huge payout at a time when the global economy is at an uneven pace of recovery from the pandemic. Chris Connell, managing director for Asia-Pacific and vice president for global sales…
To say e-commerce is growing in leaps and bounds is not just a cliché. Assistant Secretary Mary Jane Pacheco of the Department of Trade and Industry (DTI) said from a mere 2,068 online brand name registrations from January to March 2020, before the corona virus disease 2019 (Covid-19) pandemic, the number rose to 88,363 from…
The banking trailblazer opened its in Laguna that will house the bank’s institutes on data science and artificial intelligence, blockchain, and the Asian Institute of Digital Transformation. It will also be home to its digital banking entity, UnionDigital Bank. “The track record of UnionBank in creating opportunities through innovation and digital solutions in the…
Two years ago, the COVID-19 pandemic came to the fore, drastically disrupting all sectors of Philippine society. But even before the pandemic, the country has already been experiencing two ongoing crises: hunger and malnutrition. It may seem like a good sign that the Philippines was not identified as among the countries with “the likelihood of…
School season has just started, and everyone is pushing for a face-to-face setup but regardless of the current class structure, cloud-based technologies have become increasingly more important in education with the ongoing pandemic creating an alternative demand for a virtual classroom. Now, with the help of the cloud, students across the globe can continue with…
When we think of technology nowadays, we often think of it in the form of gadgets and the Internet. Through the years, , influencing how we work, live and communicate. But as we’ve discovered in recent decades, our technological advances have posed challenges to the health of our planet. Now, technology is being used to…