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News and Events

Over 8 of 10 Small Banks, Micro Lenders, Co-Ops in PH are Not Ready to Go Digital

FINTQ's latest Inclusive Digital Finance Report found many are not willing to invest in technology

At the launch of the Road to 20 by 2020 campaign last October 18. From left: Microfinance Council of the Philippines President and CEO Fr. Jose Victor Lobrigo, Rural Bankers Association of the Philippines President Armando Bonifacio, Chamber of Thrift Banks Trustee ...

by Lorenzo Kyle Subido  | October 22, 2018 10:00:00
News and Events

Mobile Payments Duel Between WeChat and Alipay Coming to PH

The two Chinese firms now hold stakes in the country's largest mobile payment platforms

Listed telecommunications firm PLDT Inc. has announced that its digital technology arm, Voyager Innovations, will be taking in investments worth up to $175 million (Php9.5 billion) from a group of investors led by Chinese tech giant Tencent Holdings and global private equity ...

by Lorenzo Kyle Subido  | October 05, 2018 04:00:00
News and Events

How Much Were Top Executives of Globe and PLDT Paid in 2017?

Are high bonuses related to companies' rising earnings?

The highest-paid executives of the two leading telecommunications firms in the country, PLDT Inc. and Globe Telecom, earned tens of millions in 2017.Both companies listed five executives they consider as the highest-paid, which include each firm’s CEOs, presidents and other key officials. ...

by Pauline Macaraeg  | August 30, 2018 11:00:00
News and Events

PLDT's Smart To Deploy 5G Mobile Tech in PH Next Year

The telco signs supply deal with telecoms network technology provider Ericsson

PLDT Inc., the Philippines’ largest telecommunications group, announced on August 10 that its wireless subsidiary, Smart Communications Inc., has signed a memorandum of understanding (MoU) with Swedish multinational telecoms networking technology provider Ericsson to roll out “the country’s first 5G pilot network” ...

by Pauline Macaraeg  | August 13, 2018 03:00:00
News and Events

Rates on Calls and Texts to Other Networks to Drop 67%-80% by August

National Telecommunications Commission set to publish order that takes effect 15 days after

The National Telecommunications Commission (NTC) is publishing an order instructing telecommunication companies to lower interconnection rates on calls and texts on Friday, July 20. The order takes effect 15 days after, or in early August. The order is seen to benefit the ...

by Elyssa Christine Lopez  | July 19, 2018 05:00:00
News and Events

Will Price of High-Speed Internet Drop Sharply as Globe-PLDT Rivalry in Home Broadband Heats Up?

Globe eyes more affordable 5G packages as it moves to close PLDT’s wide lead in residential Internet

Globe CEO Ernest Cu announced plans to roll out fifth-generation (5G) wireless technology to boost the company's home broadband business by next yearFor years Globe Telecom and PLDT Inc. have been slugging it out to become the country’s leading telecommunications company.After Globe displaced ...

by Elyssa Christine Lopez  | June 11, 2018 10:00:00
News and Events

Will Moves to Lift Foreign Restrictions Add to Delays in the Selection of 3rd Telco Player?

The DICT is eyeing end-August but also wants to liberalize telecoms to attract more foreign contenders

Already running late—well past President Rodrigo Duterte’s initial March deadline—the selection of a third telco player is now being pushed back to end-August or early September, according to the latest timetable of the Department of Information and Communications Technology (DICT).Nonetheless, the agency ...

by Elyssa Christine Lopez  | May 04, 2018 03:00:00
News and Events

5 Big PH Businesses and Organizations Getting Into Blockchain Technology

Exciting developments discussed during the Enderun Fintech & Blockchain Innovation Summit

The Enderun Fintech & Blockchain Innovation Summit, held last March 21 and 22, featured local and international experts from the financial services and fintech industries“Before the end of the year, at least 20 million Filipinos will experience native blockchain technology.”So claimed Winston Damarillo, ...

by Lorenzo Kyle Subido  | April 14, 2018 09:00:00
News and Events

Globe, Smart Rush to Boost Mobile Internet Service Ahead of 3rd Telco Entry

Telecom duo’s performance in 4G availability and LTE speeds up from last year

The OpenSignal said that Smart is fast catching up with Globe’s services as it has continuously improved its LTE signal availability and speed scores in the past three reportsThe country’s two wireless telecom service providers, Globe Telecom and Smart Communications, posted better ...

by Elyssa Christine Lopez  | March 16, 2018 11:00:00
News and Events

PLDT Vows ”?"Fiber-Speed” of 50-100 Mbps for Half of DSL Customers by End-2018

Plans record Php58 billion in capital expenditures as government attracts third telco player

The PLDT Group is committing a record Php58-billion capital spending budget for 2018, as it strengthens its fixed-line and wireless services, PLDT Inc. Chairman Manuel V. Pangilinan said in a press conference on Tuesday, March 8.“It’s gone up to Php58 billion because ...

by Elyssa Christine Lopez  | March 12, 2018 10:00:00
News and Events

Need to Link with Mentors, Investors and Startup Peers? There’s an App for That

QBO Innovation Hub’s new app functions as a social media platform, messaging tool and database in one

QBO Innovation Hub, a Philippine startup enabler backed by both the public and private sectors, launched its new QBO app last March 1. The app aims to be a digital hub where entrepreneurs and startup founders can easily connect with other members ...

by Lorenzo Kyle Subido  | March 10, 2018 09:00:00
News and Events

Who are the PH Companies Eyeing to Launch the Country’s Third Telco Player?

Get to know the names frequently mentioned in news reports as would-be challengers of the telecom duopoly

Until late last year, a third telecommunications company player to compete with the so-called duopoly of PLDT and Globe Telecom seemed like wishful thinking, even if President Rodrigo Duterte set a March 2018 deadline for the new telco to be up and ...

by Lorenzo Kyle Subido  | March 05, 2018 09:00:00
News and Events

Bagnet from Ilocos, Durian Ice Cream from Davao: PLDT Ties up with LGUs to Give Local Producers Free Access to its E-Commerce Platform

Project will initially target five but eventually cover all 81 provinces in the country

Micro, small and medium enterprises based in the provinces may soon be able to tap into a wider market online as telecom giant PLDT Inc. offers its e-commerce solutions platform, TackThis, for free for a year to 81 provinces across the country.“We ...

by Elyssa Christine Lopez  | February 12, 2018 06:00:00
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