Thursday, May 14, 2026
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Business IT

DITO files complaint against Globe, Smart for abuse of dominance

DITO has filed a complaint before the Philippine Competition Commission (PCC) against Globe Telecom and Smart Communications for their alleged abuse of their market dominance through interconnection woes.

3 telecom firms kickstart PH’s longest submarine fiber cable network worth P8.2B

Globe Telecoms, Eastern Communications, and InfiniVAN marked a milestone as they kickstarted the deployment of fiber cables for the Philippine Domestic Submarine Cable Network, a joint project worth around $150 million or about P8.2 billion.

SEC cancels license of lending firm for not disclosing online platforms

The Securities and Exchange Commission (SEC) said it has cancelled the lending license and corporate registration of Flying Bear Lending Corp., operating as Yopeso, Morepeso and Rapidpeso, over its failure to disclose its online lending platforms (OLPs) to the agency.

Contractors among 13 arrested in crackdown against cable theft

Of the total nabbed between July 18 and 24, 6 suspects, all contractors of another telco player, were arrested for stealing Globe copper wires along Manuel L. Quezon St. in Cabancalan, Mandaue City, last July 19.

PLDT activates multi-billion Jupiter Cable system linking PH to US, Japan

The 14,000-kilometer Jupiter Cable system is the newest international gateway connecting the Philippines directly from PLDT’s cable landing station in Daet, Camarines Norte to Japan and the US West Coast.

GCash plans to onboard 4 million people in crypto

As the bear market rally continues in the background, mobile wallet and payments services provider GCash is looking into cementing the Web 3.0 and cryptocurrency space in the Philippines by focusing on initiatives that will drive education and innovations.

Joint circular adds 5% discount for seniors, PWDs on purchases online or via phone

Under the 5% discount, which is distinct from the 20% regular discount, allows senior citizens and PWDs to have a maximum purchase amount of P1,300 a week for both online and offline transactions, without carryover of the unused amount.

Pinoy-led biotech firm seeks local talent to back regional expansion

InterVenn Biosciences, a glycoproteomics company headquartered in California, is set to bring its AI-driven research and clinical analysis solutions in the Philippine market after recently announcing the launch of its local office located in Pasig.

PLDT echoes call for vigilance against fiber cable theft operations

This comes in the wake of an incident in Laguna where a group of men intentionally cut and damaged PLDT fiber optic cables, disrupting the delivery of PLDT services in the area, and also of persistent reports nationwide of sabotage of PLDT fiber optic cables, causing outages and hardship to subscribers.

Mercer-Mettl eyes bias-free recruitment for BPO companies in PH

Assessment technology provider Mercer-Mettle, a company that primarily delivers talent assessment and remote proctoring solutions for the local business process outsourcing (BPO) industry, has officially launched SpeechX – the company’s newest English proficiency test software tool powered by artificial intelligence.

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