Sunday, April 12

Business

Globe warns vs. spoofed messages for rewards claims 

Globe warns vs. spoofed messages for rewards claims 

Business
Globe has called on the public to be extra vigilant and never engage with text messages with links directing customers to click to redeem Globe Rewards, as these are scam SMS sent out by fraudsters via spoofing. Customers have reported receiving spoofed messages impersonating Globe’s sender ID, inviting them to click dubious links supposedly to claim their Globe Rewards.  These malicious links are meant to steal personal information, including credit card details. Fraudsters are apparently taking advantage of Globe’s push for customers to claim their Rewards before the expiry on March 31, 2024. All official SMS from Globe do not contain links. “We call on our customers to please never click on links in SMS pretending to be from Globe. Any text messa...
NTC orders blocking of unlicensed investment platform 

NTC orders blocking of unlicensed investment platform 

Business
The National Telecommunications Commission (NTC) has initiated the blocking of websites and apps offering investment opportunities without the necessary license, upon the request of the Securities and Exchange Commission (SEC). The NTC has  issued a memorandum to all internet service providers, directing them to immediately block the websites and apps of MiTrade for violations of the Securities Regulation Code, Revised Corporation Code of the Philippines, and regulations enforced by the SEC. “We thank the NTC for supporting our campaign against investment scams and other predatory financial schemes toward the protection of the investing public,” SEC Chairperson Emilio B. Aquino said. “The directive of the NTC will greatly help in preventing...
New cane varieties, technologies featured in Philsutech farm tour

New cane varieties, technologies featured in Philsutech farm tour

Business
The participants witnessed a demonstration on the use of a drone in spraying fertilizer and pesticides on a farm.*New sugarcane varieties, productive farm practices and drone technology, among others, were featured during the PHILSUTECH Educational Farm Tour and Technology Updates conducted in Bacolod City and a cane farm in E. B. Magalona, March 7-8.Sugar Regulatory Administrator Pablo Luis S. Azcona delivered a message at the opening of the activity. He shared his experiences with climate change and sugarcane varieties. He assured that SRA will give utmost priority to research to come up with better varieties and better El Niňo mitigation measures, a press released said.On the first day, SRA Biotech Head Rimmon Armones and Dynah Fatima Viscaya presented new sugarcane varietie...
Globe expands 5G access in Visayas, Mindanao

Globe expands 5G access in Visayas, Mindanao

Business
Globe installed 41 more 5G sites across Visayas and Mindanao in 2023 in line with its strategic rollout of the technology, as it continues to test for certain applications that will enable Filipinos across social classes.Globe added 27 more sites in Visayas and 14 new ones in Mindanao last year, as part of its broader initiative to enhance digital connectivity in the areas of health, education, finance, and entertainment, a press release from the firm said Wednesday.Visayas, a vibrant and culturally rich region in the heart of the Philippines, is known for its vital contributions to the country's economy through its robust industry and services sector, it said.Globe's investment in the region's digital infrastructure aligns with the national government's economic targets and th...
More Negros power plants to deliver renewable energy

More Negros power plants to deliver renewable energy

Business, Top Stories
There are seven committed power projects in Negros Island aiming to produce 155.6 megawatts that are underway, a Department of Energy (DOE) official said on Wednesday, March 20.    The seven will include battery energy storage systems (BESS), geothermal, solar   and biomass renewable energy  plants that are expected to be completed from 2024 to 2026,     Jose Rey Maleza, DOE Energy Industry Management Division chief,  reported    at a Negros Electric Power Forum at L’Fisher Hotel in Bacolod City. The following are the seven committed projects: There are also 16 other indicative  power projects in the pipeline for Negros that have yet to be undertaken and  are aiming to produce 1,231.7 ...
CENECO rates down P1.5/kWh for March  

CENECO rates down P1.5/kWh for March  

Business, Top Stories
The Central Negros Electric Cooperative announced a P1.5577 decrease in its  electricity rates this  March, from P11.7856 per kilowatt-hour last month to P10.2279/kWh this month.CENECO, in a press release on Saturday, March 16,  said that its generation charge is at P6.5036/kWh while its transmission charge is at P0.6172, and Systems Loss at P0.7928. Its Feed in Tariff (FIT)-all and lifeline and senior citizens discount, and Value Added Tax is at P1.1277, and Distribution Fee is at P1.1866/kWh. Last week, NOCECO also announced a P2 decrease in its electricity rates attributing it to a decrease in the  generation charge from the Wholesale Electric Spot Market and other generation power plants.Northern Negros Electric Cooperative has  yet to announce its electr...
Globe builds 2,000 new sites in Visayas to push growth

Globe builds 2,000 new sites in Visayas to push growth

Business
Leading digital solutions platform Globe has substantially expanded its network infrastructure in the Visayas, building 303 new cell sites and upgrading 1,756 sites to 4G LTE technology in 2023 to support the region's growth trajectory driven by a strong industry and services sector.Globe's investment in the Visayas has been both timely and aligned with the government’s economic goals and Digital Philippines agenda. The enhancements in telecom infrastructure are vital for the area, which serves as a central link between Luzon and Mindanao, a press released from Globe said Tuesday, March 12..Data released by the Philippine Statistics Authority in December 2023 showed sustained economic growth in the region in 2022. Lapu-Lapu City grew the fastest at 13.2 percent, while other key cit...
Fuel prices to drop

Fuel prices to drop

Business, Top Stories
Expect fuel prices to drop on Tuesday, March 12, Unioil Petroleum Philippines announced Saturday.Diesel prices should go down by P0.20 to P0.30 and gasoline by P0.30 to P0.50 per liter, Unioil said.On March 5 fuel firms slashed the per liter prices of diesel and kerosene by P0.40 and P0.35, respectively. Gasoline increased by P0.50 per liter.*
S&R Bacolod opens April 8 

S&R Bacolod opens April 8 

Business, Top Stories
BTAO head Patrick Lacson, businessman Willy Au,      S&R president Anthony Sy, Bacolod Mayor Alfredo Abelardo Benitez,  businessman Michael Chua and Dr. Mae Llamas (l-r)*S&R Membership Shopping – Bacolod located at Burgos Avenue at the reclamation area in Bacolod City will open on April 8. It is a warehouse club that retails premium quality imported products and services. S&R president Anthony Sy, and businessmen Willy Au and Michael Chua, met with Mayor Albee Benitez on Thursday, March 7, to invite him to the opening ceremony.  Benitez said the entry of businesses like S&R shows that “supercity Bacolod is unfolding”.   Patrick Lacson,  Bacolod Traffic Authority chief, and Dr. Mae Llamas, L...
Teleperformance Philippines earns back-to-back ISO certifications

Teleperformance Philippines earns back-to-back ISO certifications

Business
Rahul Jolly - Teleperformance Philippines chief executive officer, Cresenciano Maramot - SGS Philippines and Guam managing director, Daniel Julien - Teleperformance Group founder and chief executive officer, and Agustin Grisanti - global chief operations officer of Teleperformance Group at the ceremony to receive the ISO certifications.*Teleperformance in the Philippines, part of global digital business services company Teleperformance, on Friday, March 1, announced its continued certification for ISO 45001: Occupational Health and Safety Management System and ISO 14001: Environmental Management System.The certifications were awarded by the globally recognized certifying body, Société Générale de Surveillance (SGS), for Teleperformance’s commitment to the safety and well-being of i...
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