PDIC signs cross-border partnership deal with Korean counterpart

Friday, July 25, 2014 - 09:27 p.m.

THE Philippine Deposit Insurance Corporation (PDIC) and the Korea Deposit Insurance Corporation (KDIC) signed a memorandum of understanding (MOU) to foster cross-border cooperation between the two deposit insurance agencies.

The MOU was signed by PDIC President Valentin A. Araneta and KDIC Chairman and President Joo Hyun Kim on July 23 at the Peninsula Manila in Makati City.

Cobra Energy Drink awards 3 Camaro winners

Tuesday, July 22, 2014 - 02:54 p.m.

MANILA -- After three months of rigorously collecting crowns and labels for Cobra’s biggest nationwide promo, the country’s number one energy drink announces the three winners who will drive home a brand-new Chevrolet Camaro V6.

The highly anticipated grand draw of Cobra’s Sure Win Big Win promo happened last June 27, and out of the millions of entries received nationwide, three winners from Luzon, Visayas, and Mindanao have been named.

Kickstart represents PH at GSMA Mobile Asia Expo innovation workshop

Tuesday, July 1, 2014 - 02:06 p.m.

KICKSTART Ventures Inc., the most active early-stage investment fund in the country, represented the Philippine telecom industry at the GSMA Mobile Asia Expo innovation workshop in Shanghai, China that tackled current initiatives to foster and promote new ways of doing things.

GSMA is an association of mobile operators and related companies devoted to supporting the standardizing, deployment and promotion of the GSM mobile telephone system.

An affordable mobile WiFi device: Tattoo’s best tool for school

Friday, June 27, 2014 - 06:02 p.m.

IT'S back to school once again, and that means home works and papers will come aplenty in the next few days. To make things a little easier and faster for your research, Tattoo keeps you connected and updated whether you are, in or out of campus! Choose from any of Tattoo Prepaid’s mobile broadband devices and save as much as P1100.

Tattoo’s Ronquillo takes on leadership of Globe Platinum and Roaming

Thursday, June 26, 2014 - 04:20 p.m.

GLOBE Telecom announces the movement of Vice President and Tattoo Nomadic Broadband Business head Domingo “Dong” Ronquillo to the telco’s Postpaid Business Group to head its Platinum and Roaming businesses.

An alumnus of the De La Salle University with a double degree in Economics and Advertising Management, Ronquillo led the Tattoo Nomadic Broadband Business team for over three years and was accountable for the end-to-end management, P&L, churn, customer experience, and product portfolio and development.

REC donates SolarBox to Philippine Red Cross

Tuesday, June 24, 2014 - 05:56 p.m.

SINGAPORE -- REC, a leading global provider of solar energy solutions, has donated a 20-kW solar-diesel hybrid container (SolarBox) to the Philippine Red Cross.

The SolarBox is an integrated, off-grid solar solution catering to regions that experience unreliable access to the grid. It is composed of a solar array, inverter system and battery bank packed into a shipping container which can be assembled on site within two days.

Study: Canon is the most trusted copier, printer brand

Wednesday, June 11, 2014 - 02:53 p.m.

MANILA -- When it comes to copiers and single function laser printers, Canon has been identified as the most trusted brand for two consecutive years.

According to the International Data Corporation (IDC), Canon holds the number one market share as specified in IDC's 2013 Q4 Asia/Pacific Quarterly Hardcopy Peripherals Tracker.

Manila to host 1st environment-themed hackathon

Friday, June 6, 2014 - 04:36 p.m.

MANILA -- Hundreds of developers and environmental activists will come together on June 6-8 to build mobile and web applications dedicated to climate change mitigation, adaptation and resilience at “Hack-The-Climate: Manila.”

This eco-themed hackathon will be held at De La Salle College of Saint Benilde (DLS-CSB), in partnership with Princeton University's Pace Center for Civic Engagement.

Emerson launches region-wide initiative to future-proof biz operations

Friday, June 6, 2014 - 04:36 p.m.

MANILA -- A recent inductee into the IT and Business Process Association of the Philippines (IBPAP), Emerson Network Power, a business of Emerson (NYSE:EMR) and a global leader in maximizing availability, capacity and efficiency of critical infrastructure, announced an Asia-wide initiative that would help organizations “future-proof” their IT-based operations, in light of the exponential growth of data and the resulting rapid changes to the data center.

Globe backs NTC stance of mandatory IP peering

Monday, June 2, 2014 - 03:45 p.m.

GLOBE Telecom supports the National Telecommunications Commission’s (NTC) position that a mandatory IP peering among carriers should be put in place to improve internet services in the country.

The telecommunications provider maintains that there should not be any access charge to this to maintain or lower internet costs.

Remittances hit $6.1B in Q1

Thursday, May 15, 2014 - 06:15 p.m.

PERSONAL remittances from overseas Filipinos (OFs) have surged to $2.1 billion in March, 6.9 percent higher than a year ago, the central bank said Thursday.

Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said that the March remittances were even higher than the six percent growth posted in February.

Megaworld posts 49% record growth in net income for Q1

Wednesday, May 14, 2014 - 03:01 p.m.

MANILA -- Megaworld, the Philippines’ leading property developer and the number 1 office developer and landlord, posted a net income of P2.69 billion (inclusive of the P604 million non-recurring gain) for the first quarter of 2014, 49 percent higher than the P1.81 billion for the same period in 2013.

This is due to strong residential sales in its various townships, particularly in Newport City, Uptown Bonifacio, McKinley Hill and Eastwood City; and higher leasing income from its office and retail portfolio.

‘Summer Sunshine’ lights up travelers plans at Mövenpick

Wednesday, May 14, 2014 - 02:58 p.m.

ZURICH, Switzerland -- Mövenpick Hotels & Resorts, the hotel company of Swiss heritage that operates 80 hotels worldwide, has published its special rates for the upcoming summer season.

Discounts of up to 30 percent are offered at most of its hotels during selected dates between 1st June and 30th September 2014 as part of the “Summer Sunshine” offer.

Globe bets on high school techies

Wednesday, May 14, 2014 - 02:55 p.m.

GLOBE Telecom is giving young high school techies a rare opportunity to experience a meaningful activity during their summer break through the telecommunication provider’s Junior Mobile Wizard program.

Asia stocks muted as China data, Wall St weighed

Friday, May 9, 2014 - 11:03 a.m.

TOKYO -- Asian stock markets were subdued Friday as investors weighed a fall in Chinese inflation against a negative cue from Wall Street.

Globe powers ‘TxtHIV to 8504’ campaign

Monday, May 5, 2014 - 05:05 p.m.

LEADING telecommunications company Globe Telecom powers “TxtHIV to 8504” campaign, a first of its kind SMS-based information, counseling, and clinic referral drive in Asia for people who wants to be tested for human immunodeficiency virus (HIV) but are afraid of facing societal discrimination.

The disease leads to the fatal Acquired Immune Deficiency Syndrome (Aids) often associated with sexual promiscuity.

AirAsia re-connects KL direct to Cebu

Monday, May 5, 2014 - 05:03 p.m.

KUALA LUMPUR -- AirAsia will be re-commencing direct flights from Kuala Lumpur to Cebu, Philippines with 3x weekly frequency effective July 24.

Promotional seats will be available for booking online at www.airasia.com from RM0 base fare one way from Monday, May 5, onwards.

Young Pinoys keen on saving money, interested in banking sector

Friday, May 2, 2014 - 04:57 p.m.

MANILA -- ThoughtBuzz, the social media analytics arm of To The New, published on April 29 its latest report on the Banking, Financial Services and Insurance (BFSI) industry in the Philippines.

Lazada, WeChat bring surprise to customers

Wednesday, April 9, 2014 - 04:12 p.m.

LAZADA, the country’s online shopping mall, is teaming up with leading social mobile app WeChat, to bring users an exclusive surprise in line with Lazada’s second anniversary sale.

Emerson polls data center players: What’s your vision of 2025?

Tuesday, March 25, 2014 - 06:35 p.m.

EMERSON Network Power, a business of Emerson (NYSE: EMR) and a global leader in maximizing availability, capacity and efficiency of critical infrastructure, has launched “Data Center 2025,” a global industry-wide survey designed to further understand the significance of data centers and explore its potential in the future.

Globe hosts Asian cloud computing confab

Wednesday, March 19, 2014 - 05:11 p.m.

GLOBE Telecom recently welcomed top executives of the Asia Cloud Computing Association (ACCA), an industry association composed of companies from the cloud computing ecosystem in Asia, as it held its Quarterly Members' Meeting and Quarterly Board Meeting at The Globe Tower in Taguig City, Philippines.

According to its Cloud Readiness Index, the Philippines scaled up two spots in the rankings in terms of cloud adoption in Asia last year – from No. 12 to No. 10 – ahead of Vietnam, India, Indonesia and China.

Autodesk establishes global foundation to accelerate design-led revolution

Thursday, March 13, 2014 - 09:16 p.m.

AUTODESK, Inc. (NASDAQ: ADSK) today launched the Autodesk Foundation, which will invest in and support the most impactful nonprofit organizations using the power of design to help solve epic challenges, such as climate change, access to water, and healthcare, among others.

In partnership with the company, the Autodesk Foundation will provide select design-oriented grantees with software, training and financial support.

MBFI is most-awarded institution with 13 Anvil awards

Friday, March 7, 2014 - 08:21 p.m.

THE Metrobank Foundation Inc. (MBFI) bags a total of 13 Anvils, making it the most-awarded company in the recent 49th Anvil Awards by the Public Relations Society of the Philippines (PRSP) during the Gabi ng Parangal held at Solaire Resort and Casino.

Globe postpaid base breaches 2M mark, postpaid revenues swell to P27.1B

Tuesday, March 4, 2014 - 08:29 p.m.

GLOBE Telecom has once again proven its leadership in the postpaid segment after ending 2013 with double-digit growth both in postpaid revenues and subscriber base amid the aggressive switching campaigns and attractive price offerings of its competitors.

Postpaid base has reached 2.03 million, a 17 percent increase from previous year’s 1.7 million. Gross subscriber additions reached over 711,000 as of end-December 2013, 21 percent higher than a year ago. This has brought total mobile subscriber base to 38.5 million, up 16 percent from 33.1 million subscribers last year.

ZipMatch gets major international, local investors

Tuesday, March 4, 2014 - 08:25 p.m.

ZIPMATCH, a Manila-based company that provides solutions for the real estate industry, has raised its first seed round from a combined group of global and local investors led by IMJ Fenox and which includes 500 Startups, IdeaSpace, and Hatchd Digital.

ZipMatch's real estate portal, www.zipmatch.com, helps property buyers choose from a curated selection of properties and provides information via real estate trends, investment and finance advice, as well as a helpful “concierge” service.

Lafarge Republic announces 1.7mn tons of new capacity by 2015

Friday, February 28, 2014 - 04:18 p.m.

MANILA -- With the government’s plans to invest more than P400 billion into various infrastructure projects and the private sector’s continued optimism in numerous commercial developments throughout the Philippines, Lafarge Republic Inc. (LRI) announced its latest investment in a new Cement Mill in its Norzagaray manufacturing plant.

Having an annual capacity of 850 K tons per annum, the new mill is expected to be operational by June 2015, which will be six months after the commissioning of a similar new mill in its Teresa manufacturing plant in January 2015.

SilkAir’s 1st Boeing 737-800 makes debut

Saturday, February 15, 2014 - 12:11 a.m.

SILKAIR, the regional wing of Singapore Airlines, welcomed its first Boeing 737-800 at the Singapore Airshow 2014 today.

On exclusive display for just one day, the maiden aircraft was dressed in a special 25th Anniversary livery of SilkAir’s signature blue and green to commemorate the milestone occasion that takes place this month.

Globe to work closely with NTC in fair use implementation

Tuesday, February 11, 2014 - 07:21 p.m.

IN REACTION to the recent letter of the National Telecommunications Commission (NTC) about alleged data capping, Globe gave its commitment to both the regulator and its data plan customers to step up its education drive toward data usage and the possible impact of its fair use policy to data subscribers.

Globe underwent a massive network modernization program two years ago in order to increase capacity and improve network performance.

AIG bullish on construction opportunities in the Philippines

Tuesday, February 11, 2014 - 10:56 a.m.

INTERNATIONAL Insurance leader AIG is bullish on new construction opportunities as the economic boom in the Philippines triggers further expansion in the large-scale building sector.

Based on the 2014 Philippine Report, the construction sector is one of the fastest growing industries in the country, with a 32.5% growth in the first quarter of 2013 and double-digit growth in successive quarters.

UCPB holds loan fair in Cebu

Wednesday, February 5, 2014 - 06:51 p.m.

UCPB is conducting a loan fair at the Ayala Mall Cebu from 10 a.m. to 9 p.m. of February 7 to 9. Exciting deals and freebies await those who wish to drive their own wheels, live in their dream house, or those who simply would like to have emergency cash anytime through the bank’s auto, home or salary loans program.

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