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Business IT

BSP issues pioneering guidelines on use of social media by banks

Recognizing the power of social media, the Bangko Sentral ng Pilipinas (BSP) has released new guidelines on social media which local banks must observe to avoid or mitigate various types of risks.

Alorica opens 12-storey hub in Makati, eyes 10,000 new workers

The state-of-the-art 58,000-square-foot property features cubicle-free work spaces for the company?s growing workforce in the Philippines, which now totals more than 35,000 team members.

Survey: BPO firms are top jobs provider for fresh grads in 2016

The business process outsourcing (BPO) industry provided the bulk of employment opportunities for the country?s fresh graduates in 2016, with 66 percent of all jobs for newly grads coming from BPO firms.

PH unit of SG-based gambling software maker gets BOI approval

The Board of Investments (BOI) recently approved the application for registration of Definite Gaming Philippines as a new services export provider under the current Investment Priorities Plan (IPP).

Senate renews congressional franchise of Smart for another 25 years

The Senate has approved on third and final reading a bill which sought to renew for another 25 years the franchise of Smart Communications.

Report paints gloomy outlook for telcos against digital giants

But the study noted that an important differentiation telcos have over the digital giants is the richness of data available to them because they control the end-to-end delivery platform.

Unionbank introduces first ?selfie banking? in PH

Selfie banking, the company said, lets customers log in to their account by simply taking a selfie on their EON mobile app.

Bill against outsourcing jobs reintroduced in US Congress

A bipartisan bill was reintroduced in the US Congress on Friday, Feb. 3, to make companies that move call centers overseas ineligible for grants or guaranteed loans from the government, a move aimed at curbing the transfer of jobs to nations like the Philippines.

Citi PH unveils new digital programs, vows credit card approval in minutes

As the digital age continues to disrupt various industries, financial giant Citi has launched new digital programs and partnerships aimed at taking advantage of technology to better serve its customers.

Call for mobile number portability snowballs in Senate

Earlier, Senate president Aquilino ?Koko? Pimentel III urged the National Telecommunications Commission (NTC) to step in and direct the country?s telcos to adopt MNP to spur competition in the sector.

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