Sen. Raffy Tulfo has filed a bill seeking stronger labor protections for employees in the business process outsourcing (BPO) sector, including automatic work suspension during calamities, higher entry-level wages, and earlier access to medical benefits.
The IT and Business Process Association of the Philippines (IBPAP) has reaffirmed its commitment to upholding worker welfare and compliance with labor laws following recent confusion over work suspension policies during Typhoon Uwan and the Cebu earthquake.
Telco giant PLDT on Tuesday, Nov. 11, reported steady gains in its data and broadband business while its digital bank and fintech arm Maya continued its profitability streak in the first nine months of 2025.
Ayala-owned Globe Telecom reported that Mynt — the fintech unit behind GCash — continued to play a central role in its financial performance for the first nine months of 2025, contributing a record ₱5.3 billion in equity share and accounting for 25% of Globe’s net income before tax.
The founding members — Vitro Inc., ST Telemedia Global Data Centres (Philippines), YCO Cloud, Digital Edge Philippines, Digital Halo, and A-FLOW — formalized their partnership through a memorandum of understanding, committing to act as a unified voice for the local data center sector.
The statement came as Converge reported ₱33 billion in revenues and ₱8.9 billion in net income for the first nine months of 2025, marking 10.1% and 8.4% growth year-on-year, respectively.
GCash has introduced PocketPay, a smartphone-based POS system that lets MSMEs accept tap-to-pay card transactions without costly hardware or setup fees.
DICT secretary Henry Aguda’s remarks come as the Philippine Stock Exchange continues to underperform compared with regional counterparts, weighed down by low trading volumes and a scarcity of new listings.
In a bid to resonate with younger Filipinos, fintech company Salmon Group hosted its inaugural Salmon Press Day on October 29, spotlighting its mission to simplify and democratize access to modern financial services.
The BizAccess Visa Debit Card integrates with a dedicated checking account and online banking tools, allowing entrepreneurs to separate personal and business finances, track expenses in real time, and manage cash flow digitally.
