Mobile voice and mobile SMS revenues for the period ended lower year-on-year by 16% and 30%, respectively, as more customers shift to data-based services versus the traditional voice calls and text.
The Philippine office market has continued to grow “making it unique in the world,” according to real estate firm Leechiu Property Consultants (LPC) in a recent study on the performance of the office, residential, and tourism sectors in the first half of 2020.
The National Economic and Development Authority (NEDA) has stressed the importance of using digital technologies to ensure price stability and support the agriculture value chain necessary to help build consumer confidence and gradual recovery of the domestic economy.
For the longest time, Globe said the telco industry’s bid to expand and put up needed broadband infrastructures have been slowed down -- if not totally prevented -- by permitting requirements imposed by LGUs as well as the opposition by hostile homeowners associations.
The National Telecommunications Commission (NTC) has extended the validity of all existing telecom and broadcast permits, certificates and licenses until Dec. 31, 2020 due to the Covid-19 pandemic.
Integrated Micro-Electronics Inc. (IMI) booked $476 million in revenues in the first half of 2020 as plant shutdowns in various operating regions significantly affected financial results.
The Philippine Economic Zone Authority also launched its online job fair to link Filipinos, especially displaced OFWs, to PEZA-registered companies located in over 400 economic zones nationwide.
The Department of Trade and Industry (DTI) will be proposing to the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) the opening of Internet cafés in areas under general community quarantine.
