Ayala-owned Bank of the Philippine Islands (BPI) recently launched BPI BizKo, a subscription-based digital banking platform that allows micro, small, and medium enterprises (MSMEs) to manage their business finances and provides an integrated online system for invoicing and collection.
IBPAP president and CEO Jack Madrid said that while the group supports the need to fully reopen the economy, BPO employees have an overwhelming preference for a hybrid work arrangement.
The Securities and Exchange Commission (SEC) has ordered PawisngPinoyOnline Investment to stop soliciting investments from the public through a non-existent product distribution, real estate, and jewelry business.
After successive announcements from local and foreign companies on data center projects in the country, Globe Telecom has joined the "hyperscaler" fray by disclosing on Wednesday, March 2, that it formed of a joint venture partnership with Singapore-based ST Telemedia Global Data Centres (STT GDC) and Ayala Corporation (AC) for the construction of data center projects in the Philippines.
The Securities and Exchange Commission (SEC) has allowed SeedIn Technology and Eastern Securities Development Corporation to act as crowdfunding intermediaries and operate crowdfunding portals, providing the country’s SMEs with more funding options.
ePLDT Vitro’s 11th data center — Vitro Sta. Rosa — will rise in what is said to be the country’s largest DC campus by far -- a five-hectare PLDT property in the industrial city of Sta. Rosa.
The Securities and Exchange Commission (SEC) said it has collected P119.07 million in fees and penalties, or an average of P11.9 million per month from March 2021 to January of this year, through its Web-based system that allows cashless payment of business registrations, fees, and other charges.
In an order issued February 8, the SEC directed CashWill, PesoBee, Peso T-Safe Online Cash, RushLoan, SkyMart, SpendCash, Tapa, and WithU, to immediately cease and desist from operating lending businesses until they have incorporated and secured from the SEC authorization to pursue such activities.
Globe president and CEO Ernest Cu also asked the government to institute stronger measures against phishing, noting that current laws are lacking in terms of enabling the prosecution of cybercriminals.
Dubbed “The Hive,” it is said to be the largest operating telco-neutral data center facility in the country, with three floors capable of housing at least 3,000 server racks of up to 45U rack height.
