Friday, March 29, 2024
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Business IT

NEDA to unveil national innovation agenda, Ambisyon e-Village

The National Economic and Development Authority (NEDA) said it will launch on April 21 the National Innovation Agenda and the AmBisyon e-Village, an online innovation platform.

PLDT: Soon-to-be-built 11th Vitro data center is the ‘real’ hyperscaler

At the groundbreaking of its 11th and largest hyperscale data center in Sta. Rosa, Laguna on Friday, March 18, PLDT president and CEO Al Panlilio said the soon-to-be-built facility will be the biggest in the country with no peers in its class.

Record growth in fiber biz allows PLDT to post P33-B revenue in 2021

PLDT’s total fixed broadband customers are now nearly three million, a record high for the group.

Converge doubles profit in 2021 with P7.2-B net income

Converge ICT said it more than doubled its net income to P7.2 billion in 2021 from P3.4 billion the previous year, growing by 111% on the back of record number of port rollouts, continued strong expansion of its residential subscriber base, and recovery of the enterprise business.

Rampant cable-cutting in Visayas sends 16 individuals to prison

Also, 16 culprits, including third-party contractors of other networks and Globe field technicians, have been convicted for theft and sent to prison.

77% of Pinoy MSMEs unable to get funding due to strict lending criteria, arduous processes

More than half (56%) of Filipino MSMEs had to rely on friends and family for loans, and 45% used personal funds to launch their business.

BPI brings corporate-level banking to MSMEs via BizKo digital finance platform

Ayala-owned Bank of the Philippine Islands (BPI) recently launched BPI BizKo, a subscription-based digital banking platform that allows micro, small, and medium enterprises (MSMEs) to manage their business finances and provides an integrated online system for invoicing and collection.

Gov’t rejects extension of WFH incentives for BPO firms in NCR

IBPAP president and CEO Jack Madrid said that while the group supports the need to fully reopen the economy, BPO employees have an overwhelming preference for a hybrid work arrangement.

SEC halts investment scheme of online firm PawisngPinoy

The Securities and Exchange Commission (SEC) has ordered PawisngPinoyOnline Investment to stop soliciting investments from the public through a non-existent product distribution, real estate, and jewelry business.

Data center boom in PH continues as Globe bares $350-M venture with SG-based firm

After successive announcements from local and foreign companies on data center projects in the country, Globe Telecom has joined the "hyperscaler" fray by disclosing on Wednesday, March 2, that it formed of a joint venture partnership with Singapore-based ST Telemedia Global Data Centres (STT GDC) and Ayala Corporation (AC) for the construction of data center projects in the Philippines.

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