Business IT

The SEC also gave the go-signal for the reduction in its authorized capital via a lowering of the par value per share.

While use cases for 5G remain scarce, the technology is expected to cover 65% of the world’s population in 2024.

Among the notable projects given the green light in August were the infrastructure project of ISOC Asia Telecom Towers that would build 25,000 cellular towers totaling P141.1 billion and the three-phase project of Philippines Fiber Optic Cable Network covering around 60,000 kilometers for an aggregate cost of P134.5 billion.

Australia-based DBA Advisory, through its local outsourcing arm DBA Global Shared Services (DBA), is expanding its BPO operations in the country by employing the available talent pool in Central Luzon where its offices are located.

The highly-touted 5G wireless technology may be gaining momentum globally but it does not have that “appeal” to consumers yet, according to a book author and "futurist".

Users who want to upgrade their accounts to unlock more features only need to provide the required information, submit a photo of their valid ID and a do video selfie for liveliness check.

While satisfied with the growth of digital payments in the country, the BSP said it is targeting for the Philippines to become a "cash-lite” society -- and not "cashless" -- for now.

5G technology heralds a new age of faster connectivity speeds and lower latency rates.

CIMB Bank Philippines — which has headquarters in Bonifacio Global City in Taguig — has positioned itself as an all-digital mobile-first bank.

According to mobile analytcs firm OpenSignal, high-tier smartphone users in the Philippines experience greater download speeds that are 2.4 times better than that of mid-tier smartphone users.