Tag: online gaming

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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.

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Jollibee wins 11 Marketing Excellence Awards

Jollibee strengthened its standing as one of the Philippines’ leading consumer brands after winning 11 awards at the 2026 Marketing Excellence Awards, led by a Gold award for Marketing Team of the Year.

Gov’t pushes to strip systems loss charges from power bills, balancing consumer relief and utility risks 

Energy policy craftsmen are actively working to fulfill President Ferdinand Marcos Jr.’s directive to eliminate system loss charges from monthly electricity bills, pursuing a sustained policy push aimed at lowering energy costs across the country. The initiative targets both technical losses inherent in power distribution and non-technical losses caused by electricity theft, alongside the value-added tax (VAT) currently applied to these unconsumed kilowatt-hours.

ACEN net income surges 411% to P3.9B in H1 2026

ACEN Corp. posted a 411 percent jump in consolidated net income to P3.9 billion in the first half of 2026, from P763 million a year earlier, the Ayala Group energy firm said Tuesday.

Special safeguard duty imposed to protect local producers from import surges 

To shield domestic livestock producers from market disruption caused by foreign supply spikes, the Department of Agriculture has activated special safeguard duties on select imported meat products. Issued under Department Order No. 24, series of 2026, by Agriculture Secretary Francisco Tiu Laurel Jr., the directive establishes temporary protective tariffs after government monitoring confirmed that incoming import volumes crossed official safety thresholds.

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