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Business IT

BPO firms taking up POGO-vacated office spaces

Leechiu Property Consultants cited in particular the increased demand in Iloilo, surpassing Cebu and Clark in Pampanga for the first time.

Globe, Smart issue progress reports on network buildup

Local telcos Globe Telecom and Smart Communications have released an update on their infrastructure rollout, a few months after the government reduced the number of days and requirements for building cellular sites.

Companies must embrace change to become innovative enterprises in new reality

Companies across industries are reimagining everything they used to know and are rebuilding their operations.

Most intellectual property violators operating online: IPOPHL

Of the intellectual property violations this year, IPOPHL said 79 were operating online – 53 from Facebook, seven from Shopee, six from Lazada, three from YouTube, and one each from Carousell, Instagram, and Vineyard.

BSP approves licensing regulations for digital banks in PH

The Bangko Sentral ng Pilipinas (BSP) has approved the recognition of digital bank as a new bank category that is separate and distinct from existing bank classifications.

BSP eyes multiple daily PesoNet transactions clearing

BSP governor Benjamin Diokno said that if the multiple daily clearing of PesoNet transactions works smoothly, then the central bank will allow clearing for these transactions on weekends and holidays.

ING Philippines rolls out new product to make digital payment pain-free

Digital bank ING Philippines announced on Tuesday, Nov. 24, the launch of its payment account “ING Pay” that is designed to make digital payments more convenient and secure.

Reports on suspicious online transactions up 57% from Jan to Aug: BSP

Suspicious transaction reports (STRs) submissions by electronic money issuers (EMIs) rose by 688 percent, while submissions by pawnshops and money service businesses (MSBs) increased by 51 percent.

Flat growth seen for PH outsourcing industry this year

The revenue outlook for the IT-BPM industry at end-2020 is at $26 billion, while full-time employment will remain at 1.3 million.

Cignal TV, Meralco telco unit form fiber broadband firm

Cignal TV and Meralco unit Radius Telecoms have formally announced a partnership to form RED Broadband, which aims to offer “the latest unlimited fiber broadband and pay-TV service” in the country.

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