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Sandigan junks forfeiture vs Marcos crony-owned telco

The Sandiganbayan has dismissed a forfeiture case against several alleged cronies of the late dictator Ferdinand Marcos Sr. and his widow, former first lady Imelda Marcos, seeking to recover in favor of the government shares of stocks in Eastern Telecommunications Philippines Inc., allegedly illegally acquired during martial law......»»

Category: newsSource: philstar philstarJan 12th, 2024

Continue serving with care, compassion, PBBM tells DSWD

President Ferdinand R. Marcos Jr. emphasized the importance of serving the public with care and compassion during the Department of Social Welfare and Development's (DSWD) 73rd anniversary celebration. He commended the DSWD for its continuous efforts in providing aid to disaster victims and the disadvantaged sectors. President Marcos urged the DSWD to treat the poor and vulnerable with kindness and empathy, highlighting the agency's role in uplifting communities. He also noted the significant increase in the agency's budget, particularly for programs such as Pantawid Pamilyang Pilipino Program (4Ps), senior pension, food catering operations, and the food stamps program. President Marcos emphasized that the DSWD's programs are designed to offer a hand up rather than a handout, aiming to empower individuals and families to improve their circumstances. He underscored the government's commitment to dignified giving and support for those in need, emphasizing the agency's role in providing assistance while promoting self-sufficiency......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Philippine economy growth may reach 6 pct to 7 pct in 2023: Marcos

MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila......»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Climate talk: Marcos s contradictory policies on reclamation, energy, mining

AS ALL eyes are on the COP28 conference in Dubai, reports in the country continue to highlight climate change and environmental concerns; in the process exposing the Marcos administration's policy directions on climate issues as inconsistent, even contradictory.Timely reports on reclamation, energy, and mining flag the problems that persist. Media coverage reveal that the Marcos administration's policy direction.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Climate talk: Marcos s contradictory policies on reclamation, energy, mining

AS ALL eyes are on the COP28 conference in Dubai, reports in the country continue to highlight climate change and environmental concerns; in the process exposing the Marcos administration's policy directions on climate issues as inconsistent, even contradictory.Timely reports on reclamation, energy, and mining flag the problems that persist. Media coverage reveal that the Marcos administration's policy direction.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Philippine economy growth may reach 6 pct to 7 pct in 2023: Marcos

MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila......»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Developers mixed on zero lease push for telco assets

Although some are receptive, not all real estate builders support the push to eliminate lease fees for connectivity assets in property developments......»»

Category: financeSource:  philstarRelated NewsJun 4th, 2024

Survey: 7 in 10 Pinoys watch pirated content

Seven out of 10 Filipinos consume pirated content through illegal platforms online, prompting a telco giant to call for the passage of Senate bills allowing site-blocking measures......»»

Category: newsSource:  philstarRelated NewsJun 2nd, 2024

Telcos should be rent-free like water and power utilities, says expert

A telecommunications operations expert has said that telco services should be treated with the same rights as water and power utilities, as internet connection in the digital age has "evolved into a human right.".....»»

Category: newsSource:  philstarRelated NewsJun 2nd, 2024

Baguio City to get upgraded telco service quality

Baguio City officials recently granted Mayor Benjamin Magalong authority to enter into a Memorandum of Understanding (MOU) with the Phil-Tower Consortium Inc. to improve the quality of telecommunications in the city......»»

Category: newsSource:  philstarRelated NewsMay 22nd, 2024

Smart backs Paris-bound Philippines athletes

Smart Communications, Inc. has signed a partnership agreement with the Philippine Olympic Committee (POC) to strengthen the telco’s support for the Philippine delegation to the Paris 2024 Summer Olympic Games......»»

Category: sportsSource:  philstarRelated NewsMay 17th, 2024

PLDT rings in P9.8 B profit in Q1, up by 9%

PLDT, the country’s largest telco, is adjusting well to the shrinking market for broadband products and spiraling cost of goods and services as it generated earnings of almost P10 billion in the first quarter of the year......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

PLDT cited among world’s best procurement teams

The country’s largest integrated telco, PLDT, is among the global organizations recognized at the prestigious World Procurement Awards 2024, for having achieved procurement excellence......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

PLDT completes P2 billion investment in Radius

PLDT Inc. has placed a P2 billion investment in a unit of a sister company, marking another expansion for the telco leader working on solidifying its industry dominance......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

Dito na si Marian at Dingdong

Entertainment power couple Dingdong Dantes and Marian Rivera just turned up the heat at Dito Telecommunity by becoming their latest endorsers under the third telco player’s campaign “Dito sa puso ko.”.....»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

PLDT, Smart ramp up cloud initiatives

Telco giant PLDT Inc. and its wireless unit Smart Communications Inc. are bolstering their cloud initiatives with the establishment of the cloud center of excellence......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Telco licensing needs to be reformed – study

The government has to revamp the licensing system for connectivity providers as an initial step to bringing down the cost of internet as well as improving accessibility and reliability, according to a study......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 30th, 2024

Globe gets P5 billion from sale of towers

Telco-to-tech provider Globe Telecom Inc. raised almost P5 billion from the sale of towers in the first quarter, providing it with some of the capital needed to upgrade services and pay debts......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

PLDT puts up new unit for data centers

Telco leader PLDT Inc. has formed a new unit under its technology arm, delegating it with the task of building and operating data centers......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

PLDT taps ACEN for renewable shift

Telco leader PLDT Inc. is doubling down on efforts to mitigate its carbon emissions, tapping the help of ACEN Corp. in switching dozens of facilities to renewable energy......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024