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Business IT

Cagayan ecozone’s shift as ‘crypto hub’ sends revenues soaring

In mid-May, CEZA unveiled its cryptocurrency initiative dubbed "Crypto Valley of Asia", which set off a rush of cryptocurrency and fintech firms to locate in Santa Ana, Cagayan.

BSP orders banks, fintechs to strengthen online fund transfer facilities

The BSP has given BSP-supervised financial institutions (BSFIs) not later than March 31, 2019 to ensure that all its frontline personnel have the necessary know-how to implement fund transfer services PesoNet and InstaPay.

Globe to implement 8-digit landline number by March 2019

The assigned number for Globe and its subsidiary Innove is ?7.? For instance, a Globe customer with existing landline or DUO number of (02)576-4567 will have to change his or her number to (02)7576-4567 come March 18, 2019.

Posible.Net teams up with blogger-entrepreneur for new biz package

Posible.Net comes in the form of a digital payments center for utility bills, select government fees, money remittance, micro-insurance, mobile loading, online gaming credits, and ticketing, among others, via a single easy-to-use device. Posible.Net Generation 2 pushes the envelope even further by gifting retailers with new, trendier features on its device.

After slowdown, BPOs to again drive office space demand in 2019

After seeing a few years of decline, the business process outsourcing (BPO) industry is expected to come back with a vengeance in 2019, so much so that it is expected to become a major driving force in office take-up next year, according to Leechiu Property Consultant (LPC).

FinTQ introduces sachet insurance for local sari-sari stores

The sachet product covers the reconstruction of the sari-sari store in case of a fire accident, as well as provides coverage for the sari-saristore owner for non-fire-related accidents.

Smart conducts first live 5G to 5G video call in PH

The country's first 5G-enabled video call was made using 5G radio and core equipment of Smart's technology partners Huawei in Makati and Ericsson in Clark, showcasing 5G interoperability in a multi-vendor environment at this early stage.

Investors pump $40 million into PLDT’s Voyager Innovations

With these investments, the total new external funding raised by Voyager Innovations will increase from $175 million, as announced in October 4, 2018, to $215 million. The combined investment continues to make this fund raise the largest investment to date in a Philippine technology company, PLDT said.

Gov’t opens P12-Mfabrication laboratory in Caraga region

The laboratory is meant to support and translate creative ideas into prototypes and eventual mass production.

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