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Philippines
Tuesday, September 17, 2024

Darwin G. Amojelar

Cash remittances climbed 3.1% to seven-month high of $3.08b in July

Cash remittances grew 3.1 percent year-on-year to $3.08 billion in July 2024, the highest in seven months, data from the Bangko Sentral ng Pilipinas...

MIESCOR, PhilTower merge to form largest tower company

MIESCOR Infrastructure Development Corp. (MIDC), a joint venture between Meralco Industrial Engineering Services Corp. and Stonepeak, merged with Phil-Tower Consortium Inc. (PhilTower) to create...

Globe appoints Puno new CFO after retirement of Maniego-Eala

Globe Telecom announced Monday it appointed a new chief financial officer (CFO) to replace its previous executive who retired to pursue other personal and...

Grab taps AI to ensure safe passenger rides

Grab Philippines said Monday it is ramping up new measures to ensure safe rides for passengers and driver-partners ahead of the holiday season. The ride-hailing...

GCash, Security Bank sign partnership deal

GCash, through its lending arm Fuse, teamed up with Security Bank to enable select GCash users to have direct access for application to the...

PH foreign debt widened 10%to top $130b, highest on record

The Philippines’ foreign debt jumped by more than $12 billion, or 10 percent, to surpass the $130-billion mark for the first time on record...

Converge ICT investing $100m in data centers

Converge ICT Solutions is seeking tax incentives from the Board of Investments (BOI) for its upcoming $100-million data centers. Converge president and chief executive Dennis...

Advance, Cebuana sign P100-m loan to support businesses

Advance, a Philippines-based financial technology company and Cebuana Lhuillier strengthened their partnership with the signing of a P100 million lending deal to empower businesses...

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