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Globe expands 5G coverage in Visayas, Mindanao

Globe Telecom Inc. said Monday it expanded its 5G coverage in the Visayas and Mindanao, adding 212 and 25 sites, respectively, to provide more consumers and businesses improved connectivity and access to faster data speeds as well as jump start economic activity slowed by the pandemic.

Converge spent P7.2B of P10B  maiden bond offer in 2022

Converge Information and Communications Technology Solutions Inc. already spent the bulk of the proceeds of its maiden P10 billion bond offer last year, raising...

Robinsons Retail raises stake in BPI to 6.8% for P19.7B

Robinsons Retail Holdings Inc. raised its stake in Bank of the Philippine Islands to 6.8% by purchasing an additional 4.4% of the lender for...

Philippines on track towards meeting forecast 7.2% growth in 2022 – World Bank

The Philippines is on track towards achieving growth in 2022 averaging 7.2 percent in terms of the gross domestic product, the World Bank said in the January 2023 iteration of its Global Economic Prospects report.

Malacañang to make permanent  joint memo facilitating quick telco tower construction

The Private Sector Advisory Council (PSAC) has convinced Malacañang to make permanent a soon-to-expire joint agreement making it easier for the telecommunications companies to build telco towers helping speed up the country’s drive towards the digitalization of transactions.

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Oil, dollar surge as Middle East conflict sparks fears of energy shock

Global markets jolted into the new week after a dramatic escalation between the United States, Israel and Iran triggered fresh fears of an energy supply shock that could ripple through currencies, inflation and consumer prices worldwide.

Foundever first in PH to earn TESDA accreditation for CX training

Foundever has become the first company in the Philippines to receive a Certificate of Program Registration (CTPR) from the Technical Education and Skills Development Authority (TESDA) for its Customer Experience (CX) and Communications Training Level II program.

Pump prices jump over P1 anew as Middle East tensions bite

Fuel prices jump by more than P1 per liter this week, marking the eighth straight week of increases for gasoline and the ninth for diesel and kerosene, as global tensions in the Middle East continue to push oil costs higher.

Gov’t rushes fuel subsidy program as oil nears $80 a barrel 

The Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) are speeding up the preparation of documents needed to release fuel subsidies to public utility vehicle (PUV) operators and drivers as global oil prices near $80 per barrel.
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