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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BIR sets year-end deadline for e-invoicing compliance

Businesses covered by the Bureau of Internal Revenue’s (BIR) electronic invoicing mandate have until year-end to upgrade billing and accounting systems, potentially adding to software, technology and training costs.

Philippine-EU trade deal key as GSP+ exit nears

The Philippines is pushing for a free trade agreement (FTA) with the European Union to protect preferential market access and shield exporters from higher tariffs as the country moves closer to losing eligibility for the EU’s Generalized Scheme of Preferences Plus (GSP+).

UK seeks immediate trade gains with Philippines

The United Kingdom is seeking to deepen trade and investment ties with the Philippines without waiting for Manila’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signaling a parallel approach to bilateral and regional economic integration.

Taiwan firm brings robotics manufacturing to Batangas

Taiwan-based CQS Precision Die Casting Inc. is expanding into the Philippines with a new manufacturing facility in Batangas, adding robotics production to the industrial mix at LIMA Estate.

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