Wednesday, May 13, 2026
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Business IT

PH exports surpass $100-B milestone in 2023, driven by IT-BPM and tourism sectors

Philippine services exports emerged as a powerhouse, with the sector experiencing a significant expansion of 17.4%, driving much of the overall export growth.

Landbank sees rise in online investors after sales surge of treasury bonds

Landbank sold close to half a billion or P438 million worth of retail treasury investments through its online channels, which is almost three-fold of what it sold in the last offering in 2023.

PLDT forms VITRO Inc. as subsidiary to manage data center biz

ePLDT, the ICT subsidiary of PLDT, has officially established VITRO Inc. to serve as its dedicated data center operations company to the address the demands of hyperscalers and enterprises.

Blinken says CHIPS Act to bolster PH-US ties in semicon industry

Under the CHIPS Act, the Philippines stands to benefit from the $500-million International Technology, Security, and Innovation Fund for a five-year period.

Converge outperforms rivals with new 284,000 fiber users in 2023

onverge ICT trumped its broadband rivals Globe and PLDT as it registered net additional residential subscribers of 284,000 for its fiber plans last year, the biggest fiber net adds in the industry during the period.

PH taps Czech firms to invest in PH electronics, BPO sectors

The Philippine delegation also met representatives from Czech tech giant ERA to explore the company's interest in expanding its presence in the Philippines.

NEDA stresses need to enhance connectivity, calls for passage of Open Access Bill

NEDA secretary Arsenio Balisacan told a forum that access to reliable Internet services is no longer a luxury but a fundamental prerequisite for inclusive socioeconomic development.

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.

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