The Digital Pilipinas Festival x Festival of Festivals events are set to be monumental events for the ASEAN digital landscape. Scheduled to run from November 20 to 24, 2023, at the SMX Aura Convention Center in Taguig, these festivals are not just ordinary gatherings — they are the epicenters of the digital revolution now reshaping […]
According to the most recent report from TransUnion, a global information and insights company that makes trust possible in global commerce, the country’s video gaming industry has recorded the highest rate of digital fraud attempts in the first half of the year. It also stated that with an overall increase in digital transactions, fraudsters have […]
At its recent meeting on monetary policy, the Philippine Monetary Board decided to keep the Bangko Sentral ng Pilipinas (BSP)’s Target Reverse Repurchase (RRP) Rate unchanged at 6.50 percent. Accordingly, the interest rates on the overnight deposit and lending facilities will be maintained at 6.0 percent and 7.0 percent, respectively. IMAGE CREDIT: https://www.outsourceasia.org/ The latest […]
After frontloading some costs to develop and enhance its GCash payments systems this year, Ernest Cu, the President and CEO of Globe, is closing off 2023 with several payment partnerships that might see the Ayala-led telecom improve its financial performance in the following year. IMAGE CREDIT: Ivan Maynard Lim (https://www.gogoro.com/news) With the opening of the […]
Today, AMD (NASDAQ: AMD) showcased its continued leadership in high-performance computing (HPC) at Supercomputing 23. AMD EPYC processors and AMD Instinct accelerators continue to be the solutions of choice for many of the most innovative, energy-efficient, and fastest supercomputers in the world. AMD now powers 140 supercomputers on the latest Top500 list representing a 39% year-over-year increase. Additionally, AMD […]
Since MSMEs account for 99.5 percent of all businesses in the nation, Union Bank of the Philippines has announced recently that it plans to increase the amount of loans that it disburses to the sector by a substantial 30 percent in the coming year. At a recent media roundtable event, UnionBank’s head of business banking […]
The holiday season is a time of wonder and magic when people gather to celebrate love, gratitude, and the joy of giving. But also during this time, choosing the perfect gift for your loved ones can be a fun but difficult and costly endeavor. It’s a good thing that there is Mocasa, the Philippines’ first […]
The Bangko Sentral ng Pilipinas (BSP) today kicks off the 2023 Financial Education (Fin-Ed) Stakeholders Congress, themed “Unlocking Financial Freedom through Holistic Financial Empowerment,” at the SMX Convention Center in Pasay City. BSP Deputy Governor Bernadette Romulo-Puyat urges Fin-Ed stakeholders to move toward a future where financial empowerment is within everyone’s reach. “Together, we have […]
Construction progress at 94.1% as of Q3 2023 Continued progress is on the horizon for the Light Rail Manila Corporation (LRMC), the private operator of LRT-1, as it remains bullish on the completion of construction works and the start of commercial operation for the LRT-1 Cavite Extension Phase 1 Project in the last quarter of […]
State-owned Development Bank of the Philippines (DBP) has granted a P375-million loan to the Puerto Princesa City Water District (PPCWD) to support initiatives aimed at upgrading the delivery of water services and addressing the needs of the rapidly growing population of the city, a top official said. DBP President and Chief Executive Officer Michael O. […]
