Communications & Technology
Cirtek sells electronics unit for $20.2 million to India’s Sancode
Cirtek Holdings Philippines Corp. (CHPC) will sell its entire stake in Cirtek Electronics Corp. (CEC) to India-based Sancode Semi Private Ltd. for USD20.2 million, using part of the proceeds to cut debt and finance its remaining core operating business.
Slow LGU permitting still holding back telco rollout, even as reforms show early progress
Globe Telecom is calling for quicker action from local government units on telecommunications permits, saying lingering delays remain a key barrier to expanding internet and mobile service—especially to far-flung and underserved communities. While recent reforms have yielded early results, bureaucratic inertia continues to slow down the rollout of critical infrastructure.
Meralco’s smart grid vision puts customer at center
The electricity grid is getting busier. Rooftop solar panels are turning homes into power producers, batteries are storing energy for later, and electric vehicles are adding new demands to the system.
EU, Philippines launch AI lab to draw investment, boost industry
The European Union and the Philippines are setting up a joint artificial intelligence (AI) industry laboratory to help businesses adopt emerging technologies, improve productivity and attract investment, with micro, small and medium enterprises (MSMEs) among the intended beneficiaries.
Transparency key to PH digital gains — Converge chief
Converge ICT CEO Dennis Anthony Uy is calling for stronger transparency and accountability, saying good governance is essential to turn the Philippines’ digital ambitions into real economic progress.
