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Business IT

Ookla report: Smart fastest mobile network but Globe most consistent

Smart delivered the fastest median download speed at 32.16 Mbps, followed by Globe with 12.30 Mbps, and DITO at 17.66 Mbps.

US, PH gov’ts unveil 5-year program to boost digitization of local SMEs

The USAID-funded Strengthening Private Enterprise for the Digital Economy (SPEED) targets to expand SMEs’ participation in the digital economy by helping them to innovate and adopt digital technology solutions that are safe, reliable, and affordable.

PMC opens doors of Apple flagship concept store

Power Mac Center is officially the first authorized reseller of Apple products in the Philippines awarded with the highest Apple Premium Partnership (APP) status for its newest location at the Power Plant Mall in Makati City.

Converge ICT goes international, obtains Singapore license

Fiber internet provider Converge ICT Solutions has received the greenlight to provide international connectivity services in Singapore through its wholly-owned subsidiary, Converge SG, to further strengthen its fast-growing international wholesale business.

DICT says SIM registration now at 11.2 million

Smart Communications recorded the highest number with 5,172,061 SIMs registered, followed by Globe with 5,030,649, and Dito with 1,017,012.

Globe’s non-telco revenues jump 101% in Jan. to Sept. 2022

From its core telco business, Globe has diversified its offerings to include financial technology, healthcare, edutech, entertainment, adtech, e-commerce, manpower, information technology services and investments.

SEC files criminal complaint against 4 online lending firms

The Securities and Exchange Commission (SEC) has filed a criminal complaint against four Chinese-controlled firms for operating unregistered online lending platforms (OLPs).

Business name registration reach all-time high in 2022, says DTI

Since the development and launch of the next-generation system in 2019, business name applications registered and processed online grew from 35% to 75% based on the payment collections received.

Solon issues warning against online retailers who ‘PM’ their prices

House of Representatives minority leader Marcelino “Nonoy” Libanan has issued a warning against online retailers who do not put price tags on their products, and who only divulge their prices via private message (PM) to prospective buyers.

Electronics allows PH export growth to outpace imports in Oct.

The electronics sector remains to be the Philippines' top export, accounting for 66.3% of total exports during the period with export sales value of $5.1 billion.

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