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Fuel prices to drop Tuesday

Fuel prices to drop Tuesday

Business, Top Stories
Fuel prices are expected to drop on Tuesday, March 4.The Department of Energy expects a per liter price drop for gasoline by P0.90 to P1.20, diesel - P0.90 to P1.20 , and kerosene - P1.30 to P1.50.Unioil Petroleum Philippines on Saturday also said it expects diesel prices to drop by P0.80 to P1 per liter on Tuesday.Gasoline prices should go down by P0.80 to P1 per liter, it added.*
Globe lauds latest arrest of suspects linked to IMSI catchers

Globe lauds latest arrest of suspects linked to IMSI catchers

Business
Globe commends the National Bureau of Investigation (NBI) and its law enforcement partners for the arrest of five individuals linked to the unauthorized use of International Mobile Subscriber Identity (IMSI) catchers, used in defrauding mobile phone users.The arrest follows a coordinated operation based on intelligence from the Armed Forces of the Philippines (AFP), which revealed the presence of unauthorized IMSI catcher-equipped vehicles surveilling key government and military facilities, a press release from the firm said Friday, Feb. 28.The NBI Cybercrime Division and Special Task Force meticulously tracked and validated the suspects’ activities using network monitoring, interference detection, and signal analysis tools, leading to their arrest on February 20."This is a lan...
McDonald’s introduces meaty and savory chili con carne dunk

McDonald’s introduces meaty and savory chili con carne dunk

Business
Just days after it brought back the much-loved Cheese Dunk, McDonald's Philippines is whipping up another reason for sauce-loving Filipinos to celebrate with a new Dunk flavor–the bold and savory Chili Con Carne Dunk.Oozing with rich and hearty flavor, the new Chili Con Carne Dunk takes  McDonald's signature burgers to the next level, with its premium ground beef simmered in a secret blend of spices. Now, customers have more choices to customize their McDonald's favorites, a press release said."We Filipinos love our sawsawan. With our Double Dunks, we’re celebrating this uniquely Filipino eating habit by allowing our customers to take their McDonald's experience to the next level with not just one, but two extraordinary dunking options," said Ashley Santillan-Delgado, McDonald's Ph...
GFiber gains momentum as fastest-growing prepaid fiber brand in PH

GFiber gains momentum as fastest-growing prepaid fiber brand in PH

Business
Globe’s GFiber Prepaid continues to gain traction as the fastest-growing prepaid fiber brand in the Philippines, reaching 260,000 subscribers in the fourth quarter of 2024— an impressive 74 percent increase from the previous quarter, a press release from the firm said.This strong momentum underscores the rising demand for flexible and affordable prepaid fiber services among Filipinos and reinforces Globe’s strategy to expand reliable connectivity to more households, it said.Customer engagement and loyalty remain a strong driver of GFiber Prepaid’s growth, with reload rates reaching 78 percent, the highest among all prepaid brands.  GFiber Prepaid also recorded a Net Promoter Score (NPS) of 68, higher than regional benchmarks, reflecting customer satisfaction and the positive e...
TP bolsters sustainable operations in PH,  60% energy use sourced from renewables

TP bolsters sustainable operations in PH, 60% energy use sourced from renewables

Business
Teleperformance (TP) in the Philippines, an industry leader in sustainable business, affirms its unwavering commitment to the United Nations Sustainable Development Goals as it announced a significant achievement in its sustainability efforts: over 60 percent of its nationwide energy consumption now comes from renewable energy sources.Celebrating a major milestone just in time for Energy Savings Week, the achievement positions TP as a leader in corporate sustainability and underscores its commitment to a greener and cleaner future, a press release from the firm said Monday, Feb. 24.  .CATALYST FOR POSITIVE CHANGEAs of September 2024, TP in the Philippines has saved 35.8 million kilowatt-hours of energy. This reduction is equivalent to the emissions generated by 5,598 gasol...
Globe, GoTyme Bank strengthen cybersecurity

Globe, GoTyme Bank strengthen cybersecurity

Business
Globe and GoTyme Bank have entered into a Data Sharing Agreement (DSA) to support fraud investigations and protect consumers and businesses from rising cases of financial crimes.The Chief Information Security Officers (CISOs) of both organizations: Anton Bonifacio for Globe and Albert Dela Cruz for GoTyme signed the DSA.  Irish Krystle Salandanan-Almeida and  Mimi Tan, GoTyme Bank’s Chief Legal and Compliance Officer, served as witnesses.Under the DSA, Globe and GoTyme may share with digital bank GoTyme information about mobile numbers potentially used by fraudsters, including names, addresses, and contact details, a press release from Globe said on Monday, Feb. 20.Without the agreement, a law enforcement agency or court would need to issue a warrant or subpoena to ob...
TP Bacolod ushers in Lunar New Year at Bacolaodiat Festival

TP Bacolod ushers in Lunar New Year at Bacolaodiat Festival

Business
TP Bacolod went all out to celebrate the recent Lunar New Year during the Bacolaodiat Festival. Guests at the TP experience booth were treated to the "Scan the Lucky Ang Pao" game and prizes.Teleperformance (TP) Bacolod joined the recent celebration of the Bacolaodiat Festival in Bacolod City, welcoming a prosperous Lunar New Year along with the local Filipino-Chinese communities in the region.TP participated in the 3-day celebration held at the historic Lacson Street with a fun and festive booth set up.Visitors experienced the energy of the Lunar New Year with treats, interactive games, cultural displays, and a glimpse into the fun, inclusive culture that makes TP a Great Place to Work, a press release from the firm said Monday, Feb. 10.Guests were able to take home prizes...
Globe blocks over 3,000 child porn URLs, domains in 2024

Globe blocks over 3,000 child porn URLs, domains in 2024

Business
Globe reinforces its leadership in the fight against online child pornography as it continues efforts to block harmful content online to make the internet safer, especially for the young.In 2024, Globe blocked 3,096 child pornography domains or those containing child sexual abuse and exploitation materials (CSAEM), a slight increase from 3,047 domains restricted in 2023. The company’s sustained site blocking reflects its commitment to creating a safer digital environment.Since the launch of its #MakeITSafePH campaign in 2017, Globe has been steadfast in its commitment to safeguarding Filipino internet users, particularly children, from the dangers of online exploitation.Aligned with the Anti-Child Pornography Act of 2009 (Republic Act 9775), which mandates Internet Service Prov...
DTI helps more Negrense micro, small enterprises improve business

DTI helps more Negrense micro, small enterprises improve business

Business, Top Stories
The Department of Trade and Industry (DTI) is helping more micro and small enterprises in Negros Occidental boost their entrepreneurial capacity through the Kapatid Mentor ME-Money Market Encounter (KMME-MME) Online in partnership with the Philippine Center for Entrepreneurship (PCE).They are looking for eight mentees who will learn to scale up their businesses for free through weekly coaching, provincial KMME coordinator Gabriel Advincula said on Wednesday, Feb. 5.Applications for the multi-sectoral batch will be accepted until Feb. 7, and those selected will undergo a 10-week module mentorship program from March to June.They will be mentored by experienced and knowledgeable mentors duly accredited by the PCE.The program optimizes weekly interactions between the mentors an...
‘P200 wage hike inflationary effect could negate gains of labor sector’

‘P200 wage hike inflationary effect could negate gains of labor sector’

Business, Top Stories
Wennie Sancho and Frank Carbon (right)*A business and labor leader in Bacolod City warned that a P200 wage hike would have an inflationary effect that could further erode the workers’ purchasing power.The House of Representatives on Monday night approved on second reading the measure providing a P200 daily increase for minimum wage workers in the private sector.A P200 legislated wage increase will have a "wage-push" inflation effect affecting the whole workforce, Frank Carbon, Metro Bacolod Chamber of Commerce and Industry vice president for governmental affairs, said.He pointed out that the Philippine Chamber of Commerce and Industry (PCCI), the largest business organization in the country, is urging Congress to leave the determination of wage hikes to the Regional Tripar...
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