Metropolitan Bank & Trust Co. (Metrobank) has reported a record-breaking net income of PHP 23.6 billion in the first half of 2024, showcasing its strong financial performance amidst a challenging economic landscape. This impressive result reflects a 13.3% return on equity, a notable increase from the 12.9% recorded during the same period last year, underscoring […]
by Jan Michael Carpo, Reporter Nvidia has officially approved a version of Samsung Electronics’ fifth-generation high bandwidth memory (HBM) chips, specifically the HBM3E model, for integration into its advanced artificial intelligence (AI) processors. This approval represents a crucial breakthrough for Samsung, the global leader in memory chip manufacturing, as it strives to close the competitive […]
Consumers in Antipolo, Bacoor, and General Santos City can now enjoy the convenience of cashless payments as the Paleng-QR Ph Plus Program expands its reach, empowering small businesses and local transport hubs to go digital. Paleng-QR Ph Plus is a strategic initiative by the Bangko Sentral ng Pilipinas (BSP) and the Department of the Interior […]
In a bid to bolster financial security for Filipinos, the Bangko Sentral ng Pilipinas (BSP) and the Trust Officers Association of the Philippines (TOAP) recently emphasized the importance of smart retirement investments at the Personal Equity and Retirement Account (PERA) forum held at the BSP head office in Manila. Invest wisely, Filipinos urged With the […]
ViewSonic, a global leader in visual solutions, has embarked on an exciting new partnership with Techtron Systems Corporation, a key IT distributor in the Philippines. Executives of ViewSonic and Techtron Systems Corp. do the number 1 sign to seal their partnership This strategic alliance is set to transform the landscape of visual technology in the […]
In a bold move that underscores the growing importance of artificial intelligence (AI) in the financial technology sector, Coursera (NYSE: COUR) recently marked AI Appreciation Day with the announcement of several strategic initiatives. These new efforts are designed to empower individuals and organizations with mission-critical GenAI (Generative AI) skills, enabling them to harness the transformative […]
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has announced a significant policy shift, lifting the moratorium on new digital banking licenses starting January 1, 2025. This decision paves the way for up to ten digital banks to operate in the Philippines, signalling the country’s commitment to advancing financial inclusion and digital transformation. […]
ZTE Corporation (0763.HK / 000063.SZ), a global leader in ICT solutions, has unveiled its 2023 Sustainability Report, highlighting significant strides in green innovation, social contributions, and corporate governance. Marking its 16th consecutive year of sustainability reporting, ZTE continues to demonstrate an unwavering commitment to integrating sustainable practices into its core business operations. ZTE: Pioneering green innovation and […]
Get ready to upgrade your tech game with Logitech’s amazing deals on Shopee’s 8.8 Double-Digit Sale! Logitech, the global leader in gaming and PC peripherals, is rolling out exclusive deals from August 8 to 9 that would allow you to enjoy up to 55% OFF on a wide selection of products plus exclusive vouchers and […]
China Banking Corporation (Chinabank, PSE: CBC) has reported a record-breaking net income of P11.4 billion for the first half of 2024, marking a 6% increase compared to the same period last year. In a press statement, the bank shared that its impressive financial performance may be attributed to the strong growth in core lending and […]
