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Philippines upper middle-income status seen to boost insurance penetration

Higher insurance penetration hinges on the country’s ability to reach upper middle-income status as Filipinos’ disposable income remains limited amid the high cost of basic goods and services......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Banking 101: Unmasking Financial Lingo

Hey friends, ever get stuck in a conversation where financial terms sound like a different language? Don’t worry, we’ve got your back! Let’s break down some everyday bank talk in a way that won’t leave you scratching your head. Interest Rates First off, “Interest Rates” – it’s the cost of borrowing money or the high-five […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 13th, 2024

Apple Overtakes Samsung as World’s Top Smartphone Seller after Over a Decade

Apple has dethroned Samsung as the world’s leading smartphone seller, marking the end of Samsung’s 12-year dominance according to stats. This comes as data from the International Data Corporation (IDC) revealed that Apple secured the top spot in 2023, having sold 234.6 million units, claiming a 20.1% market share. In contrast, Samsung trailed with 226.6 […].....»»

Category: newsSource:  metrocebuRelated NewsJan 18th, 2024

NPC issues new orders on data protection

The National Privacy Commission has issued guidelines creating a system that will govern the issuance of the Philippine Privacy Mark certificates on public and private organizations and companies that handle and control personal data of Filipino subjects......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

Stock traders to keep track of inflation, earnings data

Investors will keep a close eye on the country’s inflation data and the release of more corporate earnings results this week to serve as catalysts for a potential climb back to the 7,000 mark......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

DFNN, Data Lake to strengthen Starlink’s presence

The presence of Elon Musk’s US technology giant Starlink in the Philippines will get a further boost with the help of listed DFNN Inc. and Sy-led Data Lake Inc......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Baguio City’s data system attacked 3M times in 2023

The Baguio City government's data system was attacked by cybercriminals at least three million times in 2023, but it survived all of them, the Management Information Technology Division of the Baguio City Mayor's Office said......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

PSEi to stay at 6,700 ahead of inflation data

The stock market will try to hold on to the 6,700 level this week as investors will be on the lookout for inflation data and corporate earnings results......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

Data centers seen to boom this year

A unit of Globe Telecom Inc. said the data center business in the Philippines would boom this year in response to the growing demand for information storage worldwide......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

AT& T informs users of data breach and resets millions of passcodes

AT&T, one of the largest telecommunications companies in the United States, is facing a major data breach that has left millions of customers at risk......»»

Category: newsSource:  thedailyguardianRelated NewsMar 31st, 2024

German manufacturing hits four-month low - S& P Global

Factory activity has dropped further than expected by economists, signaling a sharp downturn in the economy, data shows German manufacturing activity dropped well below expectations in February, indicating an accelerated rate of economic downturn, the latest data compiled by S&P Global has revealed.   .....»»

Category: newsSource:  philippinetimesRelated NewsFeb 27th, 2024

Covid Vaccines and their Potential Impact on Brain, Heart, and Blood Health

The Global Vaccine Data Network (GVDN) recently conducted a groundbreaking study evaluating the risk of 13 medical conditions following COVID-19 vaccination. This study analyzed data.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 26th, 2024

EDITORIAL - Compromised data

The Department of Education is verifying reports that its information system has been breached, with a hacker claiming to have harvested 750 gigabytes so far of DepEd data including banking details and information on students and teachers. Meanwhile, the Philippine Coast Guard took down yesterday its account on X, formerly Twitter, after its tweets were wiped out......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Converge allots P5 billion for data centers

Broadband provider Converge ICT Solutions Inc. will allocate up to P5 billion for the delivery of data centers in the next three years to house its planned digital platforms......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Daily Guardian: Asian Stocks Rise Before Key US Inflation Data

Asian shares surged on Monday following gains on Wall Street, with investors closely watching US consumer price data for clues on the Federal Reserve’s policy.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 29th, 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

Minister attending Australian data, digital meeting

Minister for Digitising Government Judith Collins is in Sydney to attend the first Data and Digital Ministers' Meeting of 2024. "This is a great opportunity to connect with our Australian counterparts and identify how we can work together on digital transformation," Ms Collins says.  "Both our nations are looking into how advancements like AI and digital iden.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Data centers urged to cut power consumption

Energy management and digital automation firm Schneider Electric is urging Philippine data centers to use the “green approach” as part of smart and sustainable solutions to lessen energy consumption......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Over 2 mln foreign tourists arrive in Philippines since January

MANILA, April 25 (Xinhua) -- Over 2 million international tourists have visited the Philippines since January this year, the Presidential Communications Office (PCO) said Thursday. Citing data from the Department of Tourism (DOT), the PCO said that 2,010,522 international visitors entered the Southeast Asian country from Jan. 1 to April 24. The data showed that tourism receipts reached 157.62 billion peso.....»»

Category: newsSource:  manilanewsRelated NewsApr 25th, 2024

DICT: Customs data breach contained

The data breach of the Bureau of Customs systems has been contained and defense of the agency’s database is ongoing, according to the Department of Information and Communications Technology......»»

Category: newsSource:  philstarRelated NewsApr 16th, 2024