Business

Towards advancing efficient, transparent, and swift government procurement, the Presidential Communications Office (PCO) has partnered with the Land Bank of the Philippines (LANDBANK) for the use of the Government Purchase Card (GPC) to pay for official goods and services.  The GPC is similar to a credit card in function, designed to shorten and simplify the requisition process for government agencies …

The Bangko Sentral ng Pilipinas (BSP) and the Department of Trade and Industry (DTI) formally sealed their partnership for the conduct of the country’s first Cashless Expo. BSP Deputy Governor (DG) Mamerto E. Tangonan (in photo, left) signed the Memorandum of Agreement (MOA) on the Cashless Expo with DTI Assistant Secretary Mary Jean T. Pacheco (right) during a ceremony held …

The Philippines’ leading fiber internet service provider, Converge ICT Solutions Inc., has announced another streaming collaboration to amp up sports coverage in the country with Shakey’s Super League.  The Shakey’s Super League (SSL) Pre-Season Championship set its second season on September 16 at the Filoil EcoOil Centre in San Juan City, with 16 of the best women’s volleyball teams from …

The Bangko Sentral ng Pilipinas (BSP) and the Cooperative Development Authority (CDA) signed on 18 October 2023 a Memorandum of Agreement (MOA) on the collaborative oversight and supervision of cooperatives that are electronic-money issuers and operators of payment systems, including those that deploy ATMs. BSP Governor Eli M. Remolona, Jr. and CDA Chairman Joseph B. Encabo inked the MOA at …

Leading fiber broadband provider Converge ICT Solutions Inc. announced their alliance with the Philippine Collegiate Championship (PCC), which is organized by  the Central Collegiate for Esports (CCE) to elevate esports gaming lifestyles through education for the next generation of gamers. Converge is actively expanding its presence in the educational segment, aligning perfectly with the CCE in their mission to support …

Manila Water continues to experience an upswing in service expansion as it racks up a total of 1,163,014 connections as of July 2023 since 1997. As of July 2023, the water company had successfully installed 16,728 new water connections. Of the total new connections, 16,175 are new domestic service connections, which is already 81% of the 2023 target. In the …

In a groundbreaking move set to redefine the future of fintech in the Philippines, Fintech Alliance PH, the nation’s first and largest digital industry organization of startups and unicorns, is proud to announce the staging of the Philippines’ first and largest country pavilion called the “Bagong Pilipinas: The Philippine Country Pavilion” at the Singapore FinTech Festival during the Industry Collaboration …

East Java Multipurpose Terminal (EJMT), International Container Terminal Services, Inc.’s (ICTSI) business unit in East Java, Indonesia, hosted a groundbreaking ceremony last October 12 to showcase the development of a new state-of-the-art gateway for the Lamongan, Tuban and central Java hinterlands. The development consists of a 300-meter quay line, breakwater, super heavy lift breakbulk deck, and dredging of the navigational …

The Bangko Sentral ng Pilipinas (BSP) delegation led by Deputy Governor Francisco G. Dakila, Jr. as Temporary Governor for the Philippines in the International Monetary Fund (IMF) and Monetary Board Member (MBM) V. Bruce J. Tolentino as Temporary Alternate Governor, attended the 2023 IMF and World Bank Group (WBG) Annual Meetings in Marrakech, Morocco from 09-15 October 2023.[1]  This year’s …

By Noura Afaneh, web content analyst at Kaspersky Nowadays, there is no denying that Artificial Intelligence (AI) has become an integral part of our lives, whether we are aware of it or not. Whether it’s the phone we hold in our hands, our transportation systems, or even our education; it is slowly replacing many of the tools we once thought …