Globe sells more towers to MIDC, PhilTower for P706 Million
Globe Telecom Inc. has completed another significant milestone in its tower asset monetization strategy, finalizing the sale of 44 cellular towers to MIESCOR Infrastructure Development Corp. (MIDC) and 12 towers to Phil-Tower Consortium, Inc. (PhilTower) for a combined total of P706 million.
SM Prime sets aside P100B for 2025 expansion amid strong market outlook
SM Prime Holdings Inc., the country’s largest property developer, announced a P100 billion capital expenditure plan for 2025, signaling confidence in sustained demand from consumers and businesses. The company expects election-related spending, easing interest rates, and a boost in tourism to propel its growth, with a strategic focus on its mall business and robust development pipeline.
RCBC launches tap-to-phone service for MSMEs
Rizal Commercial Banking Corp. (RCBC), led by the Yuchengco Group, has launched a digital payment solution for the country's micro, small, and medium enterprises (MSMEs). On Monday, the bank unveiled its partnership with fintech-as-a-service provider Soft Space to introduce RCBC Tap-to-Phone, a SoftPOS (software point-of-sale) solution that enables businesses to accept digital payments effortlessly.
Security Bank boosts auto loan offering with Tesla financing deal
Security Bank Corp. announced on Monday that it is enhancing its auto loan offerings and positioning itself as one of Tesla’s preferred financing providers in the Philippines. The collaboration aims to make owning the electric vehicle (EV) a more accessible and seamless experience for Filipinos.
Appdome extends deep fake detection suite for mobile security
Appdome has expanded its Account Takeover Protection suite with 30 dynamic defense plugins aimed at preventing deepfake attacks on mobile apps.
