The telecommunications industry is urging the government to ensure strong safeguards for consumers under the implementing rules and regulations (IRR) to be crafted for the Konektadong Pinoy Act, which recently lapsed into law. The bill, also known as the Open Access in Data Transmission Act,...
Just days away from its potential passage into law, the leading figure behind Converge ICT Solutions Inc. expressed support for the contentious Konektadong Pinoy bill, in contrast to the opposition voiced by other major players in the telco industry. Despite his company being among the four leading...
Davao tycoon Dennis A. Uy’s PH Resorts Group Holdings Inc. (PHR) has already written-off its investments in its shelved Emerald Bay integrated casino-resort project in Mactan, which led to a ₱6.75-billion net loss for the first half of 2025. The firm informed the Philippine Stock Exchange (PSE)...
It’s been a while, but Malacañang remains tight-lipped on the “Konektadong Pinoy” bill that aims to provide free Wi-Fi access, especially in Geographically Isolated and Disadvantaged Areas (GIDA), by liberalizing the telecommunications sector and expanding data connectivity. Yes, Virginia,...
CEBU CITY – Describing it as evil, incoming Cebu Archbishop Alberto Uy has called for a total ban on online gambling. In a statement released on Friday, July 25, Uy urged President Ferdinand R. Marcos Jr. and lawmakers to permanently ban online gambling in the country, saying “it robs people of...
Fiber broadband and technology provider Converge ICT Solutions Inc. said its data center in Caloocan City, which is expected to boost the firm’s data delivery capacity, has completed construction with operational testing already underway. Converge said its Caloocan Data Center finished...
CEBU CITY – Bohol Gov. Aris Aumentado congratulated Bishop Alberto Uy after the Boholano prelate was named as the new archbishop of Cebu. While saddened by the impending departure of the Tagbilaran bishop, Aumentado said he was happy with the appointment of the 58-year-old Uy as the fifth...
Pope Leo XIV has named Tagbilaran Bishop Alberto Uy as the new archbishop of Cebu. According to an article posted Wednesday on the Catholic Bishops’ Conference of the Philippines (CBCP) News, the appointment came after the Vatican accepted the retirement of Archbishop Jose Palma, who, on March...
PH Resorts Group Holdings Inc., the integrated resorts unit of Davao tycoon Dennis A. Uy’s holding company Udenna Corporation, assures the Philippine Stock Exchange that it can wipe out its negative stockholders’ equity with the conversion of shareholders’ advances to common shares. However,...
The parent company of telco firm DITO Telecommunity (Tel), headed by Davao-based tycoon Dennis Uy, saw its net losses more than halved in the first quarter of the year as revenues continued to soar, driven by strong demand for mobile services. In a disclosure to the Philippine Stock Exchange (PSE),...
Uy-led fiber broadband and technology provider Converge ICT Solutions Inc. saw its net income grow by 18 percent in the first quarter of the year as its enterprise segment, which includes its offering of Starlink, continues to attract businesses and government agencies. In a disclosure to the...
Davao tycoon Dennis A. Uy’s PH Resorts Group Holdings Inc. is relying on potential partnerships with EEI Corporation and AppleOne Group of Cebu to pay off debts, including that of its Bohol resort, and buy back land for its Mactan casino project. In a disclosure to the Philippine Stock Exchange,...
