Corporate
Smart advocates for intra-industry collaboration in cybersecurity battle
Smart Communications, Inc. (Smart), at a recent telco forum hosted by the Anti-Red Tape Authority (ARTA), underscored the importance of collaboration within the telecommunications industry to combat the growing cybersecurity threats facing the Philippines. Lawyer Roy D. Ibay, Smart vice president and head of regulatory affairs, highlighted the critical need for real-time exchange of best practices and threat intelligence to protect consumers from malicious activities such as phishing attempts and scam links.
IMI reduces losses with restructuring moves
Integrated Micro-Electronics Inc. (IMI), an electronics manufacturing services provider, reported a narrower net loss of USD49.8 million last year, a significant improvement compared to a loss of USD105.6 million in 2023, largely due to a sharp decline in other expenses.
Security Bank wins awards at CFA Society’s Vision 2025
Security Bank Corp. received prestigious recognition for exceptional fund management at the CFA Society Philippines' Vision 2025 event, which also featured the 10th Annual Best Managed Fund of the Year Awards.
DigiPlus reports triple income growth, expands gaming portfolio
Online gaming firm DigiPlus Interactive Corp. reported a surge in profitability in 2024, its income tripling to P12.6 billion, up from P4.09 billion the previous year.
DFNN deploying handheld betting devices, expanding lotto access
DFNN Inc., a leading technology and gaming company, announced rolling out as many as 6,000 handheld betting devices, known as LottoMatik, by next year. The deployment will significantly increase the number of lottery agents in the country, doubling the current 6,400 traditional agents of the Philippine Charity Sweepstakes Office (PCSO).
