Consumer spending drives SM Investments earnings in 2023
SM Investments Corp., the investment holding company of the Sy Group, said Wednesday net income grew 25 percent to P77 billion in 2023, driven by steady economic growth, a robust banking sector, and strong consumer spending.
Smart taps into AI-driven tools of partner companies
Smart Communications Inc. has entered into a strategic partnership with 6D Technologies, a telecom solutions provider whose outcome is seen revolutionizing its sales and distribution operations.
PPA sent more than half its 2023 earnings as dividend contribution of the Treasury
The Philippine Ports Authority (PPA) on Wednesday remitted more than P5 billion of its earnings to the Bureau of the Treasury, its largest dividend contribution to the national government since its creation in 1974.
Phased data center capacity expansion on track to completion by 2026
Data services provider STT GDC Philippines on Wednesday reported an 83 percent rack utilization rate across its operations that highlights the efficiency and reliability of its services and the rising demand for data center capacity in the country.
TWG allows Grab Ph entry in ongoing motorcycle taxi pilot program
The Motorcycle Taxi Technical Working Group, earlier reported to have serious doubts on the practical inclusion of Grab Philippines in the ongoing pilot testing of the service in cities around the country, has issued a clarification saying the ride-hailing super-app had been part of the program all along and had in fact been informed of its inclusion just days before Christmas last year.
