Duterte appoints Ramon Jacinto as adviser for telecommunications
“PA Jacinto has served the Duterte Administration in various capacities… We are therefore confident that PA Jacinto would ably and effectively discharge his duties in this new assignment,” Roque said.
Palace: No notable improvement in telcos’ services since expropriation threat
“So sa tingin ko po wala pa ring malaking improvement—para nga pong wala pang improvement,” Roque said.
As tax base shrinks during pandemic, proposed law seeks to cut revenue sources
The Duterte government is pushing for a bill cutting the corporate income tax in exchange for strict limits to tax perks enjoyed by investors. Economists however warn against eroding the revenue base at a time of a pandemic, when funds are needed the most.
Grab PH announces new country head
The Philippine office of ride-hailing app, Grab, announced the appointment of its new country head.
Privacy Commission to go after businesses using contact tracing info for marketing gimmicks
The National Privacy Commission (NPC) warned business establishments using for marketing purposes data collected from their customers’ contact tracing forms that they could face hefty fines and jail time if they don’t cease from the illegal practice.
PLDT: ‘Countermeasures in place to reinforce cybersecurity’
Cathy Yap-Yang, head of PLDT’s corporate communications, said in a letter to PressOne.PH that the 10 data breaches in 2019, mentioned in a filing with US corporate regulators, had been addressed in compliance with requirements set by the Philippines’s National Privacy Commission.
PLDT reports 10 data breaches in 2019; says it’s ‘less effective’ in deterring cyber threats
PLDT fought off 10 data breaches in 2019, the company said in a regulatory filing submitted to the Securities and Exchange Commission in the United States.
Gabby Lopez steps down from ABS-CBN, other Lopez companies
He also stepped down as director of other Lopez-owned businesses: ABS-CBN Holdings Corp., Sky Vision Corp., Sky Cable Corp., Philippine Holdings Corp., First Gen Corp. and Rockwell Land Corp.
Businesses urged to innovate, prepare for digital-based economy
“The enterprises must be ready to more aggressively innovate, to shift more rapidly to take advantage of new digital technologies and to identify emerging business opportunities. These are not only moving into the ‘new normal.’ We should be purposefully moving toward a ‘new economy,’” Finance Secretary Carlos Dominguez III said.
Smart, PLDT record data traffic increase amid quarantine period
Mobile data traffic significantly increased during the quarantine period in the country according to PLDT and Smart Communications Inc.
Standard Chartered Bank partners with Microsoft to become a cloud-first bank
Standard Chartered Bank and Microsoft Corporation announced a three-year strategic partnership to accelerate the bank’s digital transformation through a cloud-first strategy on Aug. 10, Tuesday.
San Miguel to continue free toll, fuel subsidy programs for frontliners
San Miguel Corp. (SMC) on Monday extended its free toll privilege and fuel subsidy for medical frontliners battling the Covid-19 pandemic.
San Miguel incurs P4-B loss in H1
In a statement, San Miguel said San Miguel Brewery (SMB) Inc. and Petron Corp. were the hardest hit by the pandemic.
PH economy in recession as Q2 GDP plunges 16.5%
The Philippine economy plunged 16.5 percent in the second quarter, the worst drop since democracy was restored in 1986 as lockdowns caused by the Covid-19 pandemic took a heavy toll on businesses.
San Miguel F&B revenues down nearly a fifth in first half
San Miguel Food and Beverage, Inc. (SMFB) on Wednesday, Aug. 5, reported that consolidated revenues declined by 19 percent to P122.82 billion in the first half, reflecting the impact of lockdowns caused by the Covid-19 pandemic.
Samsung introduces new Galaxy Tab S7 line for ‘new normal’; new wireless earbuds, smartwatch revealed
As the world suddenly went almost 100 percent virtual and videoconferencing became the new norm, Samsung unpacked its new Galaxy Tab series, along with entertainment and health companions Galaxy Buds Live and Galaxy Watch 3, respectively.