Converge ICT said it more than doubled its net income to P7.2 billion in 2021 from P3.4 billion the previous year, growing by 111% on the back of record number of port rollouts, continued strong expansion of its residential subscriber base, and recovery of the enterprise business.
Ayala-owned Bank of the Philippine Islands (BPI) recently launched BPI BizKo, a subscription-based digital banking platform that allows micro, small, and medium enterprises (MSMEs) to manage their business finances and provides an integrated online system for invoicing and collection.
IBPAP president and CEO Jack Madrid said that while the group supports the need to fully reopen the economy, BPO employees have an overwhelming preference for a hybrid work arrangement.
The Securities and Exchange Commission (SEC) has ordered PawisngPinoyOnline Investment to stop soliciting investments from the public through a non-existent product distribution, real estate, and jewelry business.
After successive announcements from local and foreign companies on data center projects in the country, Globe Telecom has joined the "hyperscaler" fray by disclosing on Wednesday, March 2, that it formed of a joint venture partnership with Singapore-based ST Telemedia Global Data Centres (STT GDC) and Ayala Corporation (AC) for the construction of data center projects in the Philippines.
The Securities and Exchange Commission (SEC) has allowed SeedIn Technology and Eastern Securities Development Corporation to act as crowdfunding intermediaries and operate crowdfunding portals, providing the country’s SMEs with more funding options.
ePLDT Vitro’s 11th data center — Vitro Sta. Rosa — will rise in what is said to be the country’s largest DC campus by far -- a five-hectare PLDT property in the industrial city of Sta. Rosa.
