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Cebu City Council OKs additional P65 million for CCSC renovation
CEBU CITY, Philippines – The Cebu City Council has approved an additional P65 million budget for the rehabilitation and ongoing renovation of the Cebu City Sports Center (CCSC). Initially, the executive department had requested P74 million, but only P65 million was granted. It can be recalled that Acting Mayor Raymond Alvin Garcia questioned the need.....»»
Disney+ Loses 1.3 Million Subscribers After Price Hike
Disney+ has seen a decline in its subscriber base by 1.3 million following a price increase implemented in the final quarter of 2023 while being able to mitigate losses by a noteworthy $300 million. During the Q1 FY24 Earnings Call, Disney revealed that Disney+ witnessed a drop from 112.6 million subscribers on September 30, 2023, […].....»»
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).....»»
AsPac govts spending heavily on digital security
As state agencies fall victim to cyber attacks, the public sector in Asia Pacific, including in the Philippines, is investing at least $7 billion this year for the upgrade of digital defenses......»»
4 Reasons Why Small Families Should Buy a Condo
Investing in a condo with a great location is a tempting offer, and this becomes more so with small families who are considering moving to the Meyer Blue condo. Here are four compelling reasons for small families and couples to move into one as soon as they can. The View An excellent view of the […] The post 4 Reasons Why Small Families Should Buy a Condo appeared first on Kagay An......»»
Malaysian Chamber eyes Davao’s logistics hub potential
THE Malaysia Chamber of Commerce and Industries Philippines, Inc. (MCCI) foresees strong business confidence for investing in Davao City, positioning it as a potential world-class logistics hub competing with leading regions in Southeast Asia such as Singapore, Macau, and Kuala Lumpur in Malaysia......»»
Metro Pacific doubles net earnings in 2023
Pangilinan-led conglomerate Metro Pacific Investments Corp. is investing P140 billion for capital expenditures in its first full year as a private company, picking up confidence from its performance in 2023......»»
Yokohama investing P3.5 billion to expand Clark tire plant
Japanese company Yokohama Rubber Co. Ltd. is set to spend P3.5 billion for the expansion of its tire plant in Clark, according to the Clark Development Corp......»»
Biden to Host Japan PM Kishida, Philippines President Marcos
WASHINGTON - President Joe Biden will host Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. for a White House summit next month amid growing concerns about North Korea's nuclear program, provocative Chinese action in the South China Sea and differences over a Japanese company's plan to buy an iconic American steel company.White House press secretary Karine Jean-Pierre in a sta.....»»
P35 million allotted for Araw ng Dabaw
DAVAO CITY (MindaNews / 27 February)—The City Government of Davao has allocated P35 million for this year’s Araw ng Dabaw, P8 million more than last year’s celebration, a city councilor said. Councilor Myrna Dalodo-Ortiz, who chairs the finance, ways and means and appropriations committee, said that the city government’s allocation for the annual event includes […].....»»
Manila Water spending P271 million for Quezon City sewerage upgrade
Manila Water Co. Inc. of ports and power tycoon Enrique Razon is spending P271 million to enhance water services to over 1.4 million households in Quezon City by improving its sewer network this year......»»
PLDT proposes $3 million settlement in US budget mess suit
Integrated telco PLDT Inc. has proposed to settle $3 million, or around P165 million, to resolve a class action suit filed against it in the US over its budget fiasco......»»
What books do you read and recommend?
I’m a little embarrassed to admit that I don’t read investing books......»»
Megawide’s PH1 investing P5.5 billion for Pasig condo
PH1 World Developers Inc., the real estate arm of engineering company Megawide Construction Corp., is expected to pour in about P5.5 billion for the initial phase of its new residential development in Pasig City......»»
Don’t Know What to Do with Your Savings? Park Them in a Digital Bank (For Now)
Saving money is a fantastic habit, but what to do with that growing pile of cash can be a dilemma. While investing can offer potentially higher returns, it also comes with inherent risks. But what if you don’t even know where to invest it in the first place? For those looking for a safe haven […].....»»
SteelAsia investing P65 billion for new production facilities
SteelAsia Manufacturing Corp. is looking to invest around P65 billion to expand operations in the country through new production facilities in the next two to three years......»»
GERI sets aside P5 billion for new Batangas resort
Global-Estate Resorts Inc. (GERI), a subsidiary of property giant Megaworld, is investing an initial P5 billion to develop a 150-hectare beachside property in Lian, Batangas......»»
Maharlika to invest in Palawan energy sector
State-run Maharlika Investment Corp. (MIC) is investing in the energy sector in Palawan to help boost tourism and further unlock the province’s economic potential......»»
KKR investing in Phinma’s education unit
The Phinma Group of businessman Ramon del Rosario Jr. is taking in a new strategic partner in its education arm Phinma Education Holdings Inc......»»
Puregold spending P8.1 billion to bankroll expansion
Puregold Price Club Inc., the flagship retail chain of businessman Lucio Co, is investing P8.1 billion this year to support its store network expansion......»»