Mitsubishi UFJ Financial Group (MUFG) and Ayala Corporation are acquiring fresh stakes in Globe Fintech Innovations, Inc. (Mynt), in a deal that more than doubled the valuation of the parent company of GCash to $5 billion (P286.4 billion) from $2 billion in 2021. In disclosures to the Philippine...
PLDT Inc. Chairman Manuel V. Pangilinan dismissed any hope for an initial public offering in the next two years by digital bank Maya, which it controls through Voyager Innovations Inc., because the firm has yet to have the required three-year profit track record. “We have a lot of work ahead of...
The glue on the partnership of the Department of Energy (DOE) and Department of Science and Technology (DOST) has been solidified for the advancement of research and development (R&D) for suite of technological innovations, automation of data management processes as well as georisk mapping for...
SEOUL – European firm Tractebel Engineering is offering latest innovation on floating substations as technology solution for gigawatt-scale offshore wind farm projects currently being advanced in various energy markets in the Asian region. At the ongoing 2nd Korea Offshore Wind and Hydrogen...
Globe Telecom is consolidating its payments-related businesses by selling Electronic Commerce Payments Inc. (ECPay) to subsidiary Globe Fintech Innovations Inc. (Mynt), the parent company of GCash, in a transaction worth P2.31 billion. In a disclosure to the Philippine Stock Exchange (PSE), Globe...
TECH4GOOD Digital innovations today are coming out at lightning speeds and cyberspace is fast becoming to be a rich goldmine for digital kidnappers. Data has become one of the most valuable assets for both legitimate organizations and crime groups. That is why data has become a favorite target of...
TECH4GOOD Monchito Ibrahim The Global Innovation Sustainability Index 2023 was recently announced by Tholons. It is so refreshing to see that the Philippines ranked 15th among the Top 50 Global Digital Nations in the report. In fact, the country is bunched with Sweden and South Korea as among the...
ENDEAVOR Sonny Coloma The Supreme Court is at the apex of the judiciary, one of the three co-equal branches of a thriving democracy. The President as the Chief Executive is the highest official of the land. The leaders of the legislative branch — the Senate President and the House Speaker — are...
Enjoy 6.6 Mega Sale with Soundcore discounts up to 50% off! Soundcore, Anker Innovations’ premium audio brand announces its latest combo deals and exciting promos for the upcoming Lazada 6.6 sale. From June 6 to June 8, Audiophiles can score Soundcore’s best-sounding earbuds to date — the...
Voyager Innovations, the technology firm behind the end-to-end money platform PayMaya and neobank Maya Bank, has raised $210 million in new funds, propelling its valuation to unicorn plus status, at US$1.4 billion. Leading the round is new investor SIG Venture Capital, the Asian venture capital arm...
As part of its goal to boost the country’s businesses in the sector of science and technology (S&T), the Department of Science and Technology (DOST) is set to showcase various innovations from Filipino tech start-ups and businesses in a forum with investors from the Middle East. DOST said...
69618 Riding on the surge of data/broadband demand in the continuing pandemic, PLDT Inc. reported its "highest full year revenue ever attained" of ₱182.1 billion in 2021, surpassing 2020’s ₱171.5 billion by 6 percent. The telco's data/broadband revenues, which account for 77 percent of the...
