Tuesday, March 5, 2024
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Business IT

PH gov’t issues Tokenized Treasury Bonds via PDAX

Philippine cryptocurrency exchange PDAX has announced its involvement with the Bureau of the Treasury of the Philippines (BTR), Landbank of the Philippines, and the Development Bank of the Philippines (DBP) enabling the government to issue its first-ever Tokenized Treasury Bonds (TTBs).

PH gov’t inks pact with UAE to develop high-capacity data centers

The Department of Trade and Industry (DTI) said the data center projects to be developed under the MOU is set to reach a total capacity of up to 500 megawatts.

Converge revenue up 7% in Q3 as new subscribers rise to highest level

Fiber broadband provider Converge ICT Solutions posted a 7% increase in consolidated revenues to P26.25 billion at the end of September 2023 compared to the same period last year amid an expansion in its residential customer base, surpassing the 2-million mark to 2,048,286.

NEDA: Pro-competitive policies crucial in digital markets

The National Economic and Development Authority (NEDA) has stressed that pro-competitive policies and regulations in the digital markets are key to ensuring that affordable, high-quality digital services and products are available to Filipino consumers and businesses.

SEC credits digital services to record high company registrations

The SEC recorded a total of 42,926 corporate registrations in 2022, 13% higher than the 38,052 seen in 2021 -- a record high for the agency’s 85- year history as the country’s company registrar.

Globe to charge late payment fee of P50 starting Dec. 1

Earlier, ACT Teachers party-list representative France Castro said Globe should reconsider its decision to charge a late payment fee, saying Internet and cellular communication now is no longer a luxury but a necessity.

LandBank waives fees for fund transfers below P1,000

LandBank clients can enjoy waived transfer fee for their first three online fund transfers in a day via the LandBank Mobile Banking App (MBA), and the bank’s online retail banking channel, the iAccess.

Globe pilots customized Nokia antenna in South Cotabato

The IPAA+ antenna was produced by Nokia for Globe as a sustainable, low footprint, and high capacity 4G/5G antenna to support smooth site upgrades across the country.

Smart delivers fastest download speed in Q3 2023: Ookla report

For devices, Ooklas said an analysis of performance on some of the fastest phones in Philippines found that there was no statistical winner during the third quarter of 2023.

Globe makes huge jump in 5G gaming, says Opensignal

In the Philippines, Globe Telecom has made the most improvement in 5G Games Experience among Group I operators (those from markets with a land area of more than 200,000 square kilometers), Opensignal reported.

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