Business

In line with its campaign to make the Internet safe for all, Globe has blocked an increasing number of illegal online gambling sites, with a total 1,345 domains filtered off its network in the first quarter of the year.The Q1 total represents a staggering 967 percent increase from the same quarter last year, when a total of 126 sites were barred. Of the total, 260 sites were blocked in January, 855 in February, and 230 in March, a press release from Globe said.Through a combination of network-level blocking measures and the deployment of content filtering systems, Globe is fighting to keep its customers safe from the harmful effects of online gambling operations."Illegal online gambling can have devastating financial and social consequences, fueling problematic gambling behavio...

Globe is transforming its network by shifting to energy-efficient solutions and phasing out outdated equipment, a move that demonstrates its foresight in harnessing advanced technology for sustainable growth and enhanced operational efficiency. These efforts have led to reduced power consumption by around 3,808 MWh and total reduction of 2,811 metric tons in carbon emissions, equivalent to exhaust from 669 gas-powered vehicles for one year, a press release from the firm said. One major solution is the system-on-chip-based plug-in cards, which have allowed Globe to double the number of supported cells and halve its energy consumption, enabling greater scalability and site coverage with a reduced environmental impact, it said.  Globe utilized this advancement ...

Vinci Ermita, Brand Assistant for McDonald’s App,  explains the Crave and Claim Deals at the Bacolod launch.* McDonald's Philippines launched its  Crave and  Claim Campaign, featuring hot summer deals exclusively on the McDonald's App, in Bacolod City on Monday, April 22. Initially announced in Davao, these deals are now available nationwide and include a selection of McDonald's favorites at discounts of up to 40 percent, starting at just P99. These deals are running until April 30 and can be availed for purchases made through Dine-In, Take-Out, and Drive-Thru.  To launch the campaign, McDonald's Philippines organized a city-wide initiative  in Bacolod City, embedding QR codes at various tourist attractions. The QR codes allow access to ...

Barangay Singcang-Airport was named champion in the 2024 Lupong Tagapamayapa Incentives Award (LTIA) in Bacolod City, the Department of the Interior and Local Government- Bacolod announced on Thursday. April 18. Brgy. Singcang-Airport is this year’s LTIA Champion of the city and will be the official nominee of Bacolod in the Regional LTIA Highly-Urbanized City Category, the  DILG Bacolod said in a Facebook post. The barangay is headed by Punong Barangay Caesar Distrito. Following Singcang-Airport is Brgy. Granada as 1st runner-up, Brgy. Montevista - 2nd runner-up, and Brgy. Estefania - 3rd runner-up.* 

Alliance Global Group Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, achieved a record-breaking net income of P30.3 billion, up 20 percent year-on-year despite higher inflation, which pushed overall costs and expenses up during the period.  Attributable net profit stood at a new high of P19.6 billion, reflecting a 2 percent increase from the year before, a  press release  from AGI said. Consolidated revenues hit an unprecedented level of P211.2  billion, reflecting a robust 15 percent growth from P183.6 billion the year before. Kevin L. Tan, AGI chief executive officer, said  “2023 was a historic year for the Group as it delivered excellent performance across all of its businesses, led by its real estate, tourism and consumer seg...

Mobile leader Globe reported a significant drop in the volume of spam and scam text messages blocked on its network in the first quarter of 2024 compared to the same period last year, a downtrend reflecting gains in the company's stringent anti-spam measures.The total number of blocked spam and scam SMS plunged from 1.1 billion in Q1 2023 to just 362.8 million in Q1 2024, a remarkable 67 percent year-on-year decline. Bank-related spam and scam messages, which often attempt to lure victims into revealing sensitive financial information, also saw a steep 74 percent drop from 4.07 million in Q1 2023 to 1.04 million in the recent quarter, a press release from Globe said.At the same time, the number of customer-reported scam SMS received via Globe's Stop Spam portal declined 44 percent ...

GCash, the Philippines’ top finance app and largest cashless ecosystem, recently received the recognition of Company of the Year Award for the Philippines' Financial Technology Industry from leading global analysis and growth strategy consulting firm Frost & Sullivan. The award recognizes GCash’s pioneering use of digital solutions and innovative financial services and its strong overall achievements in the financial technology space—highlighting its  “deployment of best practices and strategic analytics across a value chain”, a press release from Gcash said  Friday, April 12.  The practices and strategies identified by Frost & Sullivan, include: GCash’s promotion of financial inclusion through a streamlined banking application process, wh...