The National Telecommunications Commission (NTC) has extended the validity of all existing telecom and broadcast permits, certificates and licenses until Dec. 31, 2020 due to the Covid-19 pandemic.
Integrated Micro-Electronics Inc. (IMI) booked $476 million in revenues in the first half of 2020 as plant shutdowns in various operating regions significantly affected financial results.
The Philippine Economic Zone Authority also launched its online job fair to link Filipinos, especially displaced OFWs, to PEZA-registered companies located in over 400 economic zones nationwide.
The Department of Trade and Industry (DTI) will be proposing to the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) the opening of Internet cafés in areas under general community quarantine.
Both Globe and Smart have complained that the long drawn permitting process across LGUs, homeowner associations, and national agencies has hampered the rollout of cellsites and laying down of fiber to homes.
The SEC said the act of Crowd1 of publishing and making presentations on its investment/business scheme through its website, Facebook, YouTube and on-ground events, and inviting investors constituted a public offering not allowed under its license.
The state-owned digital-only Overseas Filipino Bank (OFBank) has registered about 300 account openings a day since its mobile app was launched last June 29, its president and chief executive officer Leila Martin said.
