The Bangko Sentral ng Pilipinas (BSP) order for e-wallets to sever links with online gaming applications has weighed on the earnings of both gaming companies and the e-wallet platforms themselves. Unicapital Securities Inc. Research Analyst Peter Louise D. Garnace said the unlinking of online...
For seasoned executive Victor Genuino, the Philippines is poised to become a major powerhouse for data centers—a go-to destination for tech companies driving the next wave of digital progress. It’s a bold vision, and one he is already executing as head of VITRO Inc. “My dream is for the...
Ayala-led telecommunications provider Globe Telecom Inc. aims to capture a larger share in the broadband market in the near term, as demand for higher data capacity rises and the threat from new players becomes more apparent. Carl Cruz, president and chief executive officer (CEO) of Globe, said the...
To ensure the learning continuity of students affected by natural disasters through flexible and compassionate approaches, the Department of Education (DepEd) on Thursday, November 13, announced the nationwide expansion of the Dynamic Learning Program (DLP). In the aftermath of Super Typhoon Uwan...
Seven men were arrested by the Makati City Police on Tuesday, Nov. 11, for stealing more than P200,000 worth of underground copper cables owned by a telecommunications (telco) company in Barangay San Lorenzo, Makati City. Police identified the suspects as "Richard," 33; "Gilbert," 42; "Mervin," 38;...
Telecommunications giant PLDT Inc. posted higher earnings in the third quarter even as its digital bank arm, Maya, experienced a slight setback in its growth momentum following its delinking from online gambling platforms. PLDT Chairman and Chief Executive Officer (CEO) Manuel V. Pangilinan said...
PLDT Home and Madiskarte Moms PH (MMPH) mark a milestone this year as they celebrate five years of empowering Filipina mompreneurs – women who lead with heart, hustle, and ingenuity. From humble beginnings during the pandemic, the movement has grown into a thriving community of over 215,000...
Telecommunications giant PLDT Inc. has set its sights on constructing its 12th and largest data center in Cavite, pending the high occupancy rate of its facility in Sta. Rosa, Laguna, and a risk assessment study on the potential site. VITRO Inc., the data center arm of PLDT, plans to build a data...
Publicly listed telecommunications firms, particularly market leaders PLDT and Globe Telecom, are taking a beating on the local stock market as investors shy away due to the potential impact of the Konektadong Pinoy Act and new online gambling restrictions on e-wallets. “The sector has been on...
Integrated telecommunications firm PLDT Inc. is taking charge of the MVP Group of Companies’ push for hyper-personalized customer experience by boosting its stake in data unit, Kayana Solutions Inc. In a disclosure, PLDT said it has executed a subscription agreement for 594 million additional...
Officially designated as Republic Act (RA) No. 12234, the Konektadong Pinoy Act automatically lapsed into law last week after no presidential action was taken on it within 30 days after Congress transmitted the bicameral bill to Malacañang. Also known as the Open Access in Data Transmission Act,...
Telecommunications giant PLDT Inc. said it is set to activate three laser communication sites in the country to widen connectivity especially in remote areas, further pushing the heated competition among telcos beyond traditional cables. PLDT said it will harness Taara, a free space optics...