Tag: online gaming

Browse our exclusive articles!

DigiPlus director trims holdings, rebuys shares amid volatility

DigiPlus Interactive Corp. disclosed Wednesday that board director Willy Ocier sold 120,000 shares of the company on July 3 and repurchased half that amount—60,000 shares—a day later through a stockbroker.

Pacific Online rethinks gaming strategy amid regulatory uncertainty

Pacific Online Systems Corp. is reassessing its position in the Philippine online gaming sector, citing regulatory headwinds that may impact future investment.

Gaming revenues surge in 2024 as industry rapidly evolves

The rapid evolution of the gaming industry fueled a sharp rise in earnings for the state-run Philippine Amusement and Gaming Corp., as surging revenues from electronic gaming more than offset earnings lost due to the government’s decision to ban Philippine Offshore Gaming Operations (POGOs).

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.

Popular

PAL partners with Rolls-Royce for new A350 engines and maintenance support

Philippine Airlines (PAL) has entered into a deal with Rolls-Royce to supply 18 units of Trent XWB-97 engines for nine additional Airbus A350-1000 aircraft, with provisions to cover up to five more planes should PAL exercise its existing purchase rights. Alongside the engine supply agreement, the two parties also signed a separate deal for Rolls-Royce’s TotalCare service, which will manage the full health monitoring and maintenance requirements of the expanded fleet.

GSIS boosts Megawide stake with share purchase

The Government Service Insurance System (GSIS) has emerged as one of Megawide Construction Corp.'s biggest local institutional investors after raising its stake to 9.5 percent, a move that signals growing confidence in the engineering firm's infrastructure pipeline and long-term growth prospects.

Philippine building permits fall for second straight month

Construction activity lost momentum in May as fewer projects secured permits, signaling a softer pipeline for the property and infrastructure sector despite resilient spending on residential developments.

BIR, tech alliance tighten tax rules for online sellers

The Bureau of Internal Revenue (BIR) is deepening its partnership with the Alliance of Tech Innovators for the Nation (ATIN) to boost tax compliance among online sellers, combining taxpayer education with tougher enforcement as the country's digital economy continues to expand.

Subscribe

spot_imgspot_img