The Philippine Chamber of Telecommunication Operators (PCTO) on Wednesday, Sept. 30, raised due process concerns over fines imposed by the National Telecommunications Commission (NTC) on telecommunications companies following its latest network performance validation, questioning both the timing of the penalties and the technical standards used by the regulator.
The Department of Trade and Industry (DTI) has launched an upgraded online portal that consolidates business assistance, advisory services, training materials and mentoring for micro, small and medium enterprises (MSMEs).
Smart Communications and Globe Telecom have taken contrasting positions on the National Telecommunications Commission’s (NTC) findings on mobile broadband performance, with Smart saying it would work with the regulator to validate and address the issues while Globe questioned the findings based on separate government data.
The Securities and Exchange Commission (SEC) has ordered three investment schemes to stop soliciting funds from the public, including a website promoting AI-assisted stock trading and a business advertising guaranteed returns on social media.
Outgoing IBPAP president and CEO Jack Madrid said the industry’s strategy has shifted from expanding headcount toward developing capabilities for AI and higher-value work.
The Securities and Exchange Commission (SEC) has given DragonFi Securities Inc. final approval to test a financial product that would give eligible Philippine-based investors access to selected US stocks and exchange-traded funds (ETFs).
Business process outsourcing firm Alorica is set to open a facility in Tuguegarao City on Sept. 23, marking the entry of the first large-scale BPO employer in Region 2.
Cloud computing purveyor Salesforce expects artificial intelligence to reshape the Philippines’ business process outsourcing industry by automating repetitive work while allowing employees to handle more complex and higher-value tasks.
The Philippine government is exploring the adoption of India’s Unified Payments Interface (UPI) technology to accelerate government aid distribution and reduce the cost of digital transactions.
Indian-led iSON Group is planning up to $375 million in additional investments in the Philippines over the next decade, covering telecom towers, agricultural technology, digital healthcare, and business process outsourcing, according to the Department of Trade and Industry (DTI).
