News
Published: March 9, 2010, Posted by: Nicole Paterno

The dragons were sitting in an elegant den at the Royal Society in London, Britain’s national academy of sciences. Overlooked by portraits of great 18th-century scientists, the judges heard four powerful pitches for science-based businesses.

These included an image analysis system to assess the facial mobility of people who are suffering from paralysing diseases or have had surgery on the face; a “text mining” tool to extract chemical information from the world’s scientific literature; an educational venture, called Big Bang in a Box, to sell images of high-energy particle collisions at Cern’s new atom smasher; and a lightweight material stronger than steel, for use in body armour and the aerospace industry.

Published: March 11, 2010, Posted by: Nicole Paterno

MANILA, Philippines - Investments in the country’s electronics sector went up 20 percent in 2009 compared to the previous year as the global economy starts recovering from the recent financial crisis, the Semiconductor and Electronics Industries in the Philippines Inc. (SEIPI) reported.

In a statement, SEIPI president Ernie Santiago said investments last year amounted to $480 million from $400 million reported the year before.

Published: March 9, 2010, Posted by: Nicole Paterno

MANILA, Philippines - The Philippines is recognized among the leaders in developing mobile banking for the unbanked. Mobile banking utilizes the mobile phone to extend banking services such as deposits, withdrawals including remittances or money transfer, bills payments, and loan payments.

Telecommunications companies (telcos), such as Smart Communications (Smart) and Globe Telecommunications (Globe), were one of the first worldwide to start mobile money. Smart started in 2001 through Smart Money, and Globe followed soon after in 2004 with GCash.

Published: March 9, 2010, Posted by: Nicole Paterno

Heritage refers to all those values, skills and practices that make a people unique, In the global market, heritage can create a comparative advantage for Filipino-made products. Proof are the success stories of Filipino products which reinterpret local heritage within a contemporary, cosmopolitan context, and which sell at upscale prices internationally.

Examples can be drawn from furniture and fashion.

Published: March 4, 2010, Posted by: Nicole Paterno

Manila, Philippines – Google recently announced that Filipino Wayne Dell Manuel has won the company's first Google Map Maker Global Competition, which encouraged users around the world to map universities, schools and hospitals in their home countries to help humanitarian organizations do their jobs better. Manuel bested more than 700 other contestants from around the world to win a US$50,000 donation from UNICEF for the Philippines. The donation will benefit projects that empower Filipino youth through technology.