The Securities and Exchange Commission (SEC) has cancelled the lending license of Copperstone Lending, which operates online lending platforms (OLPs) Quickla, Pococash, Blue Peso, Peso Forrest, Moca Moca, Pesobuffet, and Load Cash, for its unfair debt collection practices and its failure to disclose the true and correct terms of loan contracts with borrowers.

The National Economic and Development Authority (NEDA) has underscored the need to accelerate its efforts to achieve its goal of reaching the 43rd rank from 56th among 132 world economies by 2028 by promoting a culture of innovation and entrepreneurship and scaling up technology innovation, utilization, and commercialization.

A newly organized organization of digital banks in the Philippines said global and local investors have poured over $700 million into the digital banking sector, setting a new milestone that underscores the industry's robust growth and its potential to reshape the digital financial landscape. 

Philippine merchandise exports surged by 15.7% in February 2024, recording $ 5.9 billion compared to $ 5.1 billion over a year earlier, based on preliminary data from the Philippine Statistics Authority (PSA).

Blackpanda, a Singapore-headquartered digital forensics and cybersecurity firm founded by a former member of the US Army Special Forces, has released its first proprietary study analyzing cyber security vulnerabilities in SMEs across the Asia Pacific region.

Ransomware targeting businesses in SEA last year was highest in Thailand with 109,315 incidents blocked by Kaspersky.

Internet giant Google recently reported that it removed and blocked over 5.5 billion “bad” ads in 2023, up from 2022 and an initiative that was optimized by the power of generative AI.

Initial findings indicate that the breach includes the personal data of approximately 597 data subjects, all of whom are employees of DOST.

The program will culminate in a demo day in April, providing an opportunity for the startups to showcase their progress and attract potential partners and investors.

Showcasing six startups, the event provided a platform for techpreneurs to pitch their ventures and showcase their journey towards reaching their growth targets and milestones to investors, partners, and key ecosystem stakeholders.

The report from Gobi-Core Philippine Fund noted that while there was a discernible downturn in funding compared to 2022, there was also a surge in startup deals.

Coins TradeDesk provides foreign exchange (FX) and cryptocurrency services for businesses, financial institutions and high-net-worth individuals.

Toyota Motor Philippines (TMP) has announced that it will be launching the new line of its all-time best-selling Hybrid Electric Vehicle (HEV), the Toyota Corolla Cross on Friday, April 12.

The Metropolitan Manila Development Authority (MMDA) said it will enforce the ban along 19 major roads, in coordination with local government units in the metro.

Vietnamese ride-hailing firm Green and Smart Mobility Joint Stock Company (GSM) aims to provide eco-friendly taxi services utilizing VinFast electric cars exclusively in 2024.

Ford Philippines celebrated the first launch anniversary of the next-generation Ford Territory with an experiential drive around Metro Manila’s heritage sites and cultural destinations.

Fiber broadband provider Converge ICT Solutions Inc. has completed fiber-powering the country’s main gateway, the Ninoy Aquino International Airport (NAIA), as it deployed free public WiFi at NAIA Terminal 1 and 2.

Advanced Abilities, a Filipino technology company and solutions aggregator, introduced on Wednesday, March 13, its Smart Health Solutions consisting of AI-enabled devices that...

With a total output multiplier of 3.42, Grab ranks third among seven transport sectors next to railway and air transport.

Domestic tourism is more popular among Filipinos with 92% of the survey respondents already having plans to travel domestically in 2024.