Business

SM Supermalls Assistant Vice President Royston Cabunag, SM Supermalls Vice President Junias Eusebio, SM Supermalls President Steven Tan, DTI Secretary Fred Pascual, DTI Undersecretary Ma. Cristina Roque, and DTI Bureau of Market Development, Promotions and One Town, One Product Philippines (OTOP) Director Marievic Bonoan (l-r)*  To support micro, small and medium enterprises (MSMEs) resilience and market reach, the Department of Trade and Industry (DTI) and SM Prime Holdings Inc. entered into a memorandum of agreement on Monday, July ,1 to promote the One Town One Product (OTOP) program. “We are building a more robust and more resilient business landscape by equipping MSMEs with disaster preparedness knowledge and tools. Aligned with one of our strategic priorities, we are ele...

Oscar Reyes Jr., Paul Albano, Fatima Javellana, Mark Ilao, Michelle Fernandez, Pebbles Sy, Neil Trinidad, Martha Sazon, Winsley Bangit, CJ Alegre, Alex Dizon, Den Ramos and Sarah Venturina (l-r)*GCash, the Philippines' leader in digital financial services, unveiled groundbreaking innovations at this year’s GCash Futurecast, revolutionizing the country's fintech landscape and elevating consumer experience.  Martha Sazon, President and CEO of GCash, shared, “Today, you can expect innovations that will “Change the Game”. But, the real game-changer is how we can make a meaningful impact on Filipino lives.” She adds, “to innovate not only to provide access, but to be their partner towards better Financial Health and Wellness.” State-of-the-Art Security  G...

The country's leading finance app, GCash, in partnership with the Cybercrime Investigation and Coordinating Center (CICC), is warning users against channels on popular social media platforms claiming to be affiliated with the app.  These pages or groups would usually post suspicious links through fake profiles that engage as followers to secure personal information that they use to scam others, often resulting in account takeover or loss of hard-earned money, a press release from GCash said on Monday, June 24. Many of these fraudulent accounts promote gambling or gaming opportunities with suspicious names like “GCash88 Media”, “GCash Update,"  and other deceptive names that make them seem like they are affiliated with GCash, it said. “We always advise t...

Globe has called on its customers to support fair network use as it hopes to combat signal pollution due to the unauthorized use of signal boosters. Amid its sustained efforts to expand and boost network coverage across the country, Globe underscored the detrimental effects of illegally used signal repeaters, which weakens mobile signal in surrounding areas.  The use of illegally sold signal boosters pollutes the network, causing dropped calls, choppy or garbled lines, robotic voices,  and weak or no signal, Globe said in a press release on  Friday, June 21. “We understand network challenges that some customers experience in densely populated areas. But we appeal to them to resist resorting to the illegal use of signal repeaters, as this spoils the...

Globe, a leading telco and expanding technology company in the Philippines, has earned a spot on the inaugural Fortune Southeast Asia 500 list, cementing its stature as one of the largest companies in the region. Globe ranked 111, with revenues at $3.240 billion and profits of $441 million as of end 2023. It joins 38 companies from the Philippines that made the list, a press release from the firm said Wednesday, June 19. “Globe’s inclusion on the first ever Fortune Southeast Asia 500 list is an affirmation of our success in serving our customers guided by our purpose, delivering products and services that impact lives and solving the pain points of Filipinos. The company grew serving millions of customers locally and now abroad. Amid the new digital landscape, we envision...

The Philippine Statistics Authority (PSA) launches the Digital National ID, National ID Check, and National ID eVerify with the Department of Information and Communications Technology (DICT).* The Philippine Statistics Authority (PSA), together with the Department of Information and Communications Technology (DICT), has tapped GCash as a pilot testing partner for its National ID eVerify platform. The initiative, led by the PSA and the DICT, aims to provide a secure and seamless way for government agencies and private sector partners to authenticate their customers’ identities, a press release from GCash said. For financial institutions like GCash, this platform can facilitate a faster and more secure know-your-customer (KYC) process, as it provides a reliable method t...

In a strategic collaboration aimed at enhancing operational efficiency and service quality, MORE Power, a sister company of Negros Electric and Power Corp, has stepped in to support Negros Power in its preparations for its upcoming operation in Central Negros. MORE Power dispatched specialized service vehicles from Iloilo City to Bacolod City to bolster the transportation requirements of Negros Power teams gearing up for operation commencement in the third quarter of this year, a press release from Negros Power said Monday, June 10. These vehicles, coupled with the proficiency and capabilities of MORE Power, will be instrumental in readying the teams for a seamless transition from Central Negros Electric Cooperative (CENECO) to Negros Power, thereby ensuring uninterrupted...

What started out as a store hub at a Bacolod mall for more than just 30 small and midsize enterprises (SMEs) from different localities in Negros Occidental, including Bacolod City, three years later has evolved into a lifestyle store that sells products   and food made in Negros. The OTOP Lifestyle store now located at the 2nd Level of Ayala Malls Capitol Central in Bacolod City was launched on Friday, May 31, a press release said. Lynna Joy Cardinal, provincial director of the Department of Trade and Industry, said the OTOP (One Town, One Product) store    is a program of her agency. It used to be called the OTOP Provincial Trade Fair but has now evolved into OTOP Lifestyle under the management of Negros Export Industry Corporation (NEXC...

Teleperformance in the Philippines, a leading global digital business services company, recently held its first high-profile Teleperformance Immersive Experience event in Manila and Boracay. Themed "Dive into Total Experience," Teleperformance Philippines' inaugural immersive event brought together Teleperformance executives, industry experts, and representatives from some of the world's top brands for five days of high-level sessions on digital transformation and workplace advancement. An impressive lineup of speakers featured IT and Business Process Association of the Philippines (IBPAP) President and  CEO Jack Madrid, Author and  Founder of Travelocity and Kayak.com Terry Jones, and Filipino pride and  international boxing legend Manny Pacquiao.  ...