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EastWest Bank sees sustained profit gains
Gotianun-led East West Banking Corp. is targeting to sustain its double-digit income growth this year as it expects higher consumer loan demand, according to its top official......»»
BDO profit climbs to P18.5 billion in Q1
The net income of BDO Unibank Inc. rose by 12.2 percent to P18.5 billion in the first quarter from P16.5 billion in the same period last year on the back of sustained growth across its core businesses......»»
Philippines needs to accelerate investments — World Bank
The Philippines will need to see a sustained increase in investments to achieve higher economic growth, according to the World Bank......»»
Property prices slow in Q4
The growth in property prices has been sustained for 10 straight quarters, albeit at a slower pace in the fourth quarter last year, according to the Bangko Sentral ng Pilipinas......»»
GCash’s new feature shows carbon reduced by doing digital transactions
Finance app and cashless ecosystem GCash has announced its newest update, Green Transaction Alerts, which allows users to see the grams of carbon they reduced by digitally sending money and doing bank transfers......»»
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).....»»
Hsuan bucks tough greens, shows way with 68
Chinese-Taipei’s Hsuan Chen finished strong and carded a four-under 68 in scorching conditions to grab a one-stroke lead over Thai Queen Meesom-us in the first round of the $100,000 ICTSI Luisita Ladies International 2024 yesterday......»»
Students actively campaign against online sexual abuse and exploitation of children
With the Philippines ranking as the number one hotspot of online sexual abuse and exploitation of children (OSAEC) and child sexual abuse and exploitation materials (CSAEM), students in Davao are speaking up and actively campaigning for digital protection and internet safety. “My only hope for digital technology in the future is for it to be […].....»»
Philippines hones skills of workforce in digital technology
MANILA, April 27 (Xinhua) -- The Philippine government is honing the skills of the Filipino workforce in digital technology as the country aims to create 45 million "green and high-quality jobs," according to the Department of Trade and Industry (DTI) statement released Friday night. During Friday's meeting with the Department of Labor and Employment (DOLE) and the DTI, Trade and Industry Secretary Alfredo Pascu.....»»
Top 10 e-commerce sites in the Philippines 2019 - ASEAN UP
With a dynamic economy and a large population proficient with digital technologies, the Philippines is a fast-growing market for e-commerce in Southeast Asia. Several websites and digital applications are already fighting for market share, with global, regional and national players. The growing connectivity of the Philippines, rapidly overcoming the countrys infrastructure difficulties, enable more and Continue reading &q.....»»
DTI, DOLE partner to boost digital skills
The Department of Trade and Industry and Department of Labor and Employment are pursuing initiatives to enhance the digital skills of the country’s workforce......»»
GSIS launches digital ID
The Government Service Insurance System (GSIS) launched the GSIS digital ID yesterday in an effort to automate processes, streamline services and better amplify customer service experience for its members and pensioners......»»
Scorching schools: How heat worsens conditions of poor students in PH
[This is the second and last part of a special report on how extreme heat in 2023 impacted the education sector in the Philippines. Click here for the first part.] CEBU CITY, Philippines – The same analysis by Cebu Daily News Digital (CDN Digital) showed that even private schools, which usually have better facilities and.....»»
ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
PilotTV bares 2 new Appointments
PilotTV Holdings, a leading Taiwan digital signage operator and digital out-of-home media also operating in Japan and the Philippines, has appointed Lou Marie Bognot as its new chief executive officer for the Philippines......»»
Hold agency heads accountable for Gov website, email hacking
A network of digital advocates urged the government to hold accountable the heads of the agencies affected by the hacking of government sites and emails. Digital Pinoys national campaigner Ronald Gustilo said that the heads of agencies affected by the hacking on government email and websites should be dealt with swiftly as the attacks came […].....»»
SEC enhancing digital initiatives in bid to boost regulatory compliance
The Securities and Exchange Commission is further streamlining requirements and processes for regulatory compliance as it strives to chart the Philippine corporate sector’s path toward a digital-first world......»»
Kaspersky Suggests to Add Sorting Your Digital Clutter to Your New Year’s Resolutions
This new year, you could have resolved to quit a vice, learn something new, manage your finances better, and maybe check a couple off your bucket list of places to visit. Cybersecurity company Kaspersky suggests adding another practical and smart resolution to your 2024 list: to protect your precious data by clearing your digital clutter! […].....»»
Retail most targeted sector for digital fraud in Philippines
The retail sector is the most targeted industry for fraudulent digital transactions in the Philippines last year, according to an analysis conducted by global information and insights company TransUnion......»»