{"id":5520,"date":"2022-07-01T09:00:00","date_gmt":"2022-07-01T01:00:00","guid":{"rendered":"https:\/\/blog.ninjavan.co\/en-ph\/?p=5520"},"modified":"2022-12-15T16:16:52","modified_gmt":"2022-12-15T08:16:52","slug":"business-brief-july-01-2022","status":"publish","type":"post","link":"https:\/\/blog.ninjavan.co\/en-ph\/business-brief-july-01-2022\/","title":{"rendered":"Business Brief: Gen Z Biggest Driver of Economic Growth"},"content":{"rendered":"\n

Happy Friday, ka-Ninjas! We’ve rounded up the latest business and ecommerce news for you.<\/em><\/p>\n\n\n\n

Gen Zs need better access to financing, survey shows<\/h2>\n\n\n\n

Gen Z consumers, which are becoming an important driver of economic growth, need greater access to financing, according to global information and insights company TransUnion Philippines.<\/p>\n\n\n\n

Research conducted by TransUnion in February this year showed that while most or 94 percent of Gen Z Filipinos believe that access to credit and lending products is important to achieve financial goals, only 35 percent of them have sufficient access.<\/p>\n\n\n\n

More details on PhilStar.com<\/a><\/p>\n\n\n\n

DTI to focus on key business concerns<\/h2>\n\n\n\n

DIGITAL transformation, eliminating red tape, more foreign investments and increased empowerment for small businesses will be the Trade department’s main priorities under the Marcos administration.<\/p>\n\n\n

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\"DTI<\/figure>\n<\/div>\n\n\n

“One of my priorities is to promote digital transformation of DTI (Department of Trade and Industry) as well as the MSMEs (micro, small and medium enterprises) and other enterprises in the country,” incoming Trade secretary Alfredo Pascual<\/strong> said.<\/p>\n\n\n\n

Read more on The Manila Times Online<\/a><\/p>\n\n\n\n

Open banking can boost financial inclusivity, digital adoption in PH<\/h2>\n\n\n\n

UnionBank on Tuesday said “open banking” could attract unbanked Filipinos to join the formal financial service and boost the digital adoption in the space.<\/p>\n\n\n\n

With open banking, banks can share information with ecommerce sites and e-wallets companies and users do not need to have a lengthy registration with each account. It may be data on the person’s shopping history or data asked during KYC or ‘know your customer’ portion of the onboarding process.<\/p>\n\n\n\n

Full story on ABS-CBN News<\/a><\/p>\n\n\n\n

PH posts highest number of phishing in SEA \u2013 study<\/h2>\n\n\n\n

The Philippines registered the highest number of phishing attempts in Southeast Asia (SEA) from February to April this year, with seven in 10 (68.95 percent) targeting finance-related transactions, according to a study.<\/p>\n\n\n

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\"Phishing
Image from Getty Images<\/a><\/em><\/figcaption><\/figure>\n<\/div>\n\n\n

The country\u2019s payment systems, such as credit cards, debit cards, and mobile payment apps or e-wallets<\/a>, accounted for one in two (58.50 percent) of those phishing attempts.<\/p>\n\n\n\n

More on Manila Bulletin Online<\/a><\/p>\n\n\n\n

Banks told: Fight cybercrime, \u2018personalize\u2019 messages to clients<\/h2>\n\n\n\n

To guard consumers against fraud and cyberattacks, the Bangko Sentral ng Pilipinas (BSP) has ordered banks and other financial firms to ramp up security measures, especially when sending text messages or emails to clients.<\/p>\n\n\n\n

The central bank said that as financial transactions increasingly shift to digital channels, BSP-supervised companies must adopt robust control measures against cyber fraud and attacks<\/a> on retail electronic payments and financial services.<\/p>\n\n\n\n

Read the full details on Inquirer.net<\/a><\/p>\n\n\n\n

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Don’t Miss the DIGeCONOMY 2022: Bootcamp Series 2!<\/h2>\n\n\n\n

Is your business equipped for the digital economy? Join the DIGeCONOMY 2022: Bootcamp Series 2<\/strong> and find out how your online business can thrive in the dynamic ecommerce landscape.<\/p>\n\n\n

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\"Bootcamp<\/a>
Register now for the DIGeCONOMY 2022: Bootcamp Series 2<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n

The Bootcamp Series 2 will have the theme: \u201cEssential Tools to Boost your Business Needs\u201d<\/strong>. Participants will learn about the latest tech tools, automation and business solutions that will help improve business productivity and efficiency.<\/p>\n\n\n\n

Register early to reserve your spot<\/a>. DIGeCONOMY 2022: Bootcamp Series 2 is happening on July 11, 2022 at 5PM. See you there!<\/p>\n\n\n\n

#NinjaVanBootcamp #DIGeCONOMY2022 #TodoHustleNoHassle #NinjaVanPhilippines<\/em><\/p>\n\n\n\n

Business Insights & ECommerce Tips<\/strong>
The Ninja Van Blog<\/strong><\/a> provides business insights, industry trends, Marketing and Branding tips, and weekly curated news related to business and ecommerce. Our blog is here to help MSMEs and DTC (direct-to-customer) companies grow their business and reach their brand goals.<\/p>

Subscribe to our Ninja Van blog newsletter by registering below (scroll to the bottom of this page to sign up!). For comments and inquiries, send us an email at ph-commercial-content@ninjavan.c<\/a><\/strong>o<\/strong>.<\/a><\/p><\/blockquote>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Gen Z consumers are the biggest drivers of economic growth, but they need more access to financing. Plus more news roundup from the last week.<\/p>\n","protected":false},"author":5,"featured_media":5531,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"Business Brief: Gen Z Biggest Driver of Economic Growth","_seopress_titles_desc":"Gen Zs are the biggest drivers of economic growth, but they need access to better financing according to survey.","_seopress_robots_index":"","footnotes":""},"categories":[61],"tags":[431,435,351,182,438,403,436,329,437],"class_list":["post-5520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weekly-business-briefs","tag-business-briefs","tag-cybercrimes","tag-dti","tag-ecommerce-news","tag-gen-z","tag-ninja-van-philippines","tag-open-banking","tag-philippine-business-news","tag-phishing"],"_links":{"self":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts\/5520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/comments?post=5520"}],"version-history":[{"count":5,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts\/5520\/revisions"}],"predecessor-version":[{"id":5541,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts\/5520\/revisions\/5541"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/media\/5531"}],"wp:attachment":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/media?parent=5520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/categories?post=5520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/tags?post=5520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}