Friday, April 19, 2024
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Business IT

US trade mission brings $1-B investments, to train 30M Pinoys on AI

US secretary of commerce Gina Raimondo is leading the United States Presidential Trade and Investment Mission in the Philippines from March 11 to 12.

SEC secures NTC endorsement for blocking of trading site OctaFX

The National Telecommunications Commission (NTC) has ordered all Internet service providers to immediately block the website of OctaFXfor the protection of the investing public, as requested by the Securities and Exchange Commission (SEC).

BSP says PH digital banks now have 8.7M deposit accounts

The Bangko Sentral ng Pilipinas (BSP) said two out of the six digital banks in the country are currently recording profits from their operations.

PLDT forms payment platform for firms under MVP group

PLDT announced on Thursday, March 7, the formation of a digital entity called “Digico” that will harness the data assets of the MVP Group of Companies and provide a payment platform for a serious group-wide digitalization effort.

Common tower firm secures P2.4-B loan from ADB to construct 800 cell sites

The ADB noted that smartphone usage in the Philippines is among the most widespread in Southeast Asia, but the country has limited tower coverage — with only 240 towers per million population.

BPO rebranding aims for $59-B revenues, 2.5M jobs by 2028

The IT-BPM Industry Association of the Philippines (IBPAP) has underscored the need to change public misperception of the industry as “just call centers”, citing the high demand for Filipino expertise in the medical, financial, data analytics, and other sectors beyond just business process outsourcing (BPO).

SEC issues stoppage order against bogus Ayala Group

The SEC issued the order after it found that the bogus Ayala Group has been conducting an unregistered investment scheme called Tasking and Recharging, which offers online jobs to prospective investors who are tasked to perform certain tasks in exchange for commissions.

Pinoys in 16 countries can now use GCash with international mobile numbers

GCash users in 16 countries can sign up with their international mobile numbers with their Philippine passport or other Philippine ID as proof of identity.

Globe’s mobile data revenues up 9% in 2023 as voice, SMS revenues fall

Mobile data traffic soared to 5,960 petabytes by the end of December 2023, a 28% rise from 2022. Such a surge in data consumption is primarily attributed to high-bandwidth online videos and social media content accessed through smartphones, Globe said.

Amazon customer service team in PH opens 500 jobs in Davao City

Amazon Operation Services Philippines announced on Monday, Feb. 26, that it will hire over 500 customer service professionals in Davao City for permanent and full-time jobs which will be fully work-from-home and night-shift positions.

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