Smart VP and head of regulatory affairs Roy D. Ibay said the prevalence of “arbitrary” regulatory fees imposed by some LGUs such as tower fees, inspection fees, and audit fees continue to be "major roadblocks for ICT growth."
The Philippine office market appears ready to take off and resume its pre-pandemic growth trajectory, according to a study by Leechiu Property Consultants (LPC).
Interestingly, manufacturing activities in the computer and electronics industry slowed down to 96 percent in May 2021 from 108.3 percent in April this year.
The Securities and Exchange Commission (SEC) has revoked the Certificate of Authority (CA) of Familyhan Credit Corporation to operate as a lending company after it engaged in unfair debt collection practices.
The deal would explore opportunities to extend SpaceMobile – which is building the first and only space-based cellular network accessible by standard mobile phones -- to Smart subscribers in the Philippines after the service is launched.
Fiber broadband Converge ICT has announced it is gearing up to double the data transmission capacity of its metro backbone from the existing 400 Gigabit per second to 800 Gbps over its fiber optic network.
Voyager Innovations, the operator of digital wallet PayMaya, has announced that it raised $167 million to fast-track its digital financial services through PayMaya and its soon-to-be-established digital bank.
The Securities and Exchange Commission (SEC) said it will revoke the licenses of lending and financing companies that continue to fail to register and disclose their online lending platforms (OLP).
Globe, together with the PNP, seized a unit of Globe At Home Tozed S10g modem rebranded with DITO stickers from a certain Marlou de Paz in a sting operation in Pala-Pala, Brgy. Sampaloc Dasmarinas Cavite.
The Open Finance Framework promotes consent-driven data portability, interoperability, and collaborative partnerships between financial institutions and fintech players, according to the BSP.
