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Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023
The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»
NEDA’s bid to scrap telcos’ congressional franchise requirement opposed
The head of the 28-member minority bloc in the House of Representatives has opposed a proposal of the National Economic and Development Authority to scrap the legislative franchise requirement for telecommunications companies......»»
Franchise Asia Philippines expo returns this April
All is set for Franchise Asia Philippines 2024 Expo, Asia’s biggest franchise show and the country’s most awaited business opportunities event, on April 12 to 14 at the SMX Conve.....»»
Rumors of ABS-CBN’s franchise ‘renewal’ weaponized in Romualdez-SMNI feud
While the majority of posts about ABS-CBN’s supposed comeback did not have a political angle, a few known hyperpartisan vloggers seized upon the rumor of ABS-CBN’s franchise “renewal” to either accuse Romualdez of having a hidden agenda or claim that SMNI played a hand in the non-renewal of ABS-CBN’s franchise......»»
‘Congress may review NGCP’s franchise’
The Joint Congressional Energy Commission might be convened to review and decide on the amendment or cancellation of the franchise of the National Grid Corp. of the Philippines following the region-wide power outage in Western Visayas that caused billions of pesos in economic losses, Sen. Raffy Tulfo said over the weekend......»»
Villar patriarch places 190 in Forbes Top 200 billionaires
Villar ranked 190 out of the 200 billionaires in the world in 2024 with a total net worth of $11.7 billion (P660,125,700,000) coming from $8 billion (P451,376,000,000) in 2023, according to Forbes magazine......»»
Villar pushes extension, higher budget for RCEF
Sen. Cynthia Villar wants to double the annual guaranteed allocation for the rice competitiveness enhancement fund to P20 billion as she seeks to extend the fund by another six years or until 2030......»»
Villar: Biz groups just want ease of doing business
Instead of amending the 1987 Constitution, business groups want the government to focus on the effective implementation of the ease of doing business law and addressing the problem of corruption, Sen. Cynthia Villar said yesterday......»»
Sales agent nabbed for 2 counts of rape in Liloan
CEBU CITY, Philippines — A sales agent, who was accused of two counts of rape, was arrested in Yati Liloan on Monday evening, January 29, 2024. The suspect was identified as Leonard Raya Villar, 36 years old, a resident of Barangay Labangon, Cebu City. Villar was considered the Top 8 Most Wanted Person (MWP) at.....»»
Villar’s PREIT utilizes IPO proceeds for energy projects
Billionaire Manuel Villar Jr.’s Premiere Island Power REIT Corp. has used up all of the proceeds it obtained from its initial public offering to bankroll energy projects in Luzon......»»
Ayala Corp. is interested in selling LRT-1 stake to Villar Group
Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp. to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»
SMNI asks NTC to specify network’s violations
Sonshine Media Network International appealed their franchise violation cases before the National Telecommunications Commission and the Movie and Television Review and Classification Board on Thursday......»»
Aquilino Pimentel III, ex-speaker Velasco biggest Congress spenders in 2022
Senate Minority Leader Aquilino Pimentel III was the biggest spender among senators in 2022 with almost P130 million, while Sen. Mark Villar was the most frugal with expenses at only P35 mill.....»»
3rd telco to offer free WiFi at NAIA
A third telecommunications company will offer free WiFi at all the terminals at Ninoy Aquino International Airport to boost the connectivity of the passengers, Manila International Airport Authority spokesman Chris Bendijo said yesterday......»»
Globe closed on an additional P1.16-B in tower sales
Globe Telecom, the Zobel Family’s telecommunications company, disclosed that it closed on the sale of another 91 cell towers to Frontier Towers to raise approximately P1.16 billion in cash......»»
‘NOW plea to nullify NTC circular still pending before CA’
The petition of NOW Telecom Co. Inc. to have the National Telecommunications Commission bidding guidelines for the entry of a new major player in the telco industry declared unconstitutional is still pending before the Court of Appeals, the company said yesterday......»»
Unlock business success at Franchise Asia Philippines Expo
The Franchise Asia Philippines Expo 2024 is set to hold a series of dynamic seminars designed to empower entrepreneurs, investors and business enthusiasts with the knowledge and tools needed to thrive in the ever-evolving world of franchising. Slated from April 12 to 14 at the SMX Convention Center Manila, these seminars offer invaluable insights into key aspects of franchising and business growth......»»
‘Quiboloy warrant stands despite SMNI franchise revocation’
Despite the revocation of the franchise of Sonshine Media Network International (SMNI), the arrest warrant issued against pastor Apollo Quiboloy by the House of Representatives committee on legislative franchises still stands......»»
Senate concurrence needed to revoke SMNI franchise’
The revocation of the legislative franchise of Sonshine Media Network Inc. by the House of Representatives would have to be approved by the Senate first before it can take effect – in accordance with the usual legislative route, lawmakers said yesterday......»»
House approves bill seeking revocation of SMNI’s franchise
House approves bill seeking revocation of SMNI’s franchise.....»»