Tuesday, May 12, 2026
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Business IT

US eyes Luzon hub for semicon, electronics production

The Philippines has joined the US-led Pax Silica initiative, with both countries announcing plans to establish a 4,000-acre industrial hub in Luzon aimed at strengthening supply chains for critical industries such as semiconductors and electronics.

PH emerges as key Starlink market, but performance lags fiber — report

The Philippines has become one of the largest markets for satellite internet service Starlink in Asia-Pacific, but performance still trails traditional broadband, according to a new report by Ookla.

SEC to allow paperless filing for corporate amendments via online portal

The Securities and Exchange Commission (SEC) is planning to allow corporations to file certain amendment applications without submitting physical documents, as part of efforts to streamline regulatory processes and support digitalization.

UP taps Converge for hands-on data center training

The University of the Philippines (UP) has partnered with Converge ICT Solutions to train IT leads from its campuses in data center operations, as part of an ongoing collaboration under a memorandum of understanding signed in September 2025.

Telcos seek pause on Konektadong Pinoy rules amid crisis

The Philippine Chamber of Telecommunication Operators (PCTO) on Wednesday, March 25, called on regulators to slow down the rollout of implementing rules under the Konektadong Pinoy Act, citing operational strain on the industry during an ongoing national emergency.

PH creative economy climbs to P2.12T in 2025 on digital growth

The figure marks a 6.9% increase from P1.98 trillion in 2024, with technology-driven segments playing a growing role in the sector’s expansion.

Converge opens AI-ready data center in Angeles City

Converge said the newly completed data center is designed to be scalable and “AI-ready,” with an initial capacity of 12 megawatts and built-in redundancy to ensure continuous operations.

Globe ranks among world’s strongest telco brands; PH firms gain ground in global list

Globe Telecom has broken into the top 10 strongest telecom brands worldwide, while Smart Communications and PLDT are now among the world’s top 100 strongest telecom brands. Converge ICT Solutions, meanwhile, re-entered the global rankings at 138th.

Converge earmarks ₱23B to expand network, add 1M ports in 2026

Fiber Internet provider Converge ICT Solutions plans to roll out nearly one million additional broadband ports this year as it expands its network across the country, particularly in the Visayas and Mindanao.

Globe posts record ₱165.1-B revenue in 2025, but profits slip amid higher costs

Ayala-owned telco Globe Telecom reported record gross service revenues of ₱165.1 billion in 2025, driven largely by strong mobile data usage and higher contributions from its fintech affiliate Mynt, the parent company of GCash.

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