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Public warned against unregistered or overseas-based crypto firms

The Bangko Sentral ng Pilipinas (BSP) has cautioned the public against dealing with virtual asset service providers (VASPs) that are unregistered or those that...

Villanueva pushes bill allowing WFH setup for BPO firms in ecozones

The allowance for companies in the information technology- business process management (IT-BPM) sector operating in ecozones to adopt a WFH arrangement covering 30% of its workers is set to expire on September 12, 2022.

Report: 65% of construction firms in PH raised digital investments 

The construction business has already converged with the growing number of industries undergoing digital transformation with the goal of adapting to the evolving landscape, but Procore Asia vice president Bruce Wells sees a mismatch of expectations since construction technology is designed by movers in the technology space, not in the construction scenes.  

Baguio City is first LGU to roll out Paleng-QR PH program

Paleng-QR PH aims to build the digital payments ecosystem in the country by promoting cashless payments in public markets and public transportation.

BPI says bulk of transactions with clients now done online, mobile

BPI said that of the more than nine million clients as of June 2022, 5.2 million were enrolled in digital platforms.

Honor smartphones return to PH running Google Mobile Services

After more than a year of absence from physical retail shelves, Shenzhen-based smartphone brand Honor is making a comeback in the Philippines through a strategic partnership with local distributor Iridium Philippines that was officially signed on Tuesday, August 9.

PLDT’s Cignal acquires 38.88% of Sky Cable for P2.862 billion

In 2020, PLDT sought to acquire Sky Cable but abandoned it eventually citing possible anti- competition issues.

SEC cancels poultry firm’s registration over illegal online solicitation

In an order dated July 29, the SEC found that Katuwang Poultry has been publicly offering securities to the public through Facebook, without the necessary license from the commission.

Globe pounces on DITO anew, says debt over fraudulent calls piling up daily

Globe said it has already requested the NTC to temporarily disconnect the interconnection trunk lines between Globe and DITO over persistent fraudulent calls.

Smart joins fray, says DITO’s complaint at PCC meant to avoid penalty for fraudulent calls

In a statement on Tuesday, Aug. 8, Smart Communications vice president for regulatory affairs Roy Ibay said DITO’s complaint is diversionary tactic to escape liability on the fines imposed by the government for its fraudulent voice traffic.

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