MA. LISBET K. ESMAEL

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GMA Network’s regional arm GMA Regional (RTV) is targeting sales of P120 million this year with its strengthened news program in the southern Philippines. Oliver Victor Amoroso, vice president and head of GMA Network’s RTV Department, said the unit aims to hit P120 million local sales this year, 15 percent…

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Philippine financial technology (fintech) companies should take advantage of growing market opportunities by taking aggressive action, market intelligence and advisory services provider International Data Corporation (IDC) said. IDC Associate Vice President Michael Araneta urged local companies “to … move swiftly both locally and regionally”. IDC, Araneta said, expects 2018 to…

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PLDT Group’s digital enterprise enabler ePLDT is urging small and medium-sized businesses (SMBs) to tap cloud solutions to improve their services while reducing operating costs. In a statement on Friday, Nerisse Ramos, ePLDT Group chief operating officer, said adapting cloud technologies would contribute to the growth of companies, especially for…

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Average download speeds for both fixed and mobile broadband in the Philippines has continued to improve based on the latest Speedtest Global Index Report. For fixed-line broadband, the average speed clocked in at 13.29 megabits per second (Mbps) last August from 8.54 Mbps a year earlier, the report noted, while…

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LOCAL e-commerce startup Poundit announced on Friday it had raised SGD850,000 (P32.4 million, $632,352) seed funding from Singapore-based Cocoon Capital help it expand and improve customer service. “Poundit is our first investment in the Philippines,” Will Klippgen, managing partner at Cocoon Capital, said in a statement. Cocoon Capital is a…

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GLOBE Telecom’s fourth-generation wireless (4G) service led in terms of mobile network availability against Smart Communications in the first six months of 2017, wireless coverage mapping firm OpenSignal said in its latest report. OpenSignal’s semi-annual update report revealed its users were able to latch onto Globe’s long-term evolution (LTE) signals…

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CHINESE tech firm Lenovo launched on Thursday its new data center solutions with an eye on the fast-growing business process outsourcing (BPO) industry in the country. Abraham Lim, Data Center Group country manager at Lenovo Philippines, said Lenovo is venturing into the local BPO sector after having established its name…

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GLOBAL cybersecurity firm Kaspersky Lab said Tuesday it was introducing a new product that will address corporate security issues following an increase in the number of businesses falling victim to cybercrimes. The private version of Kaspersky Security Network (KSN) will permit businesses to upgrade their detection speeds and access to…

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Media and entertainment company ABS-CBN Corp.has started operating newly-opened cinemas in CityMall Cavite as part of a partnership with developer DoubleDragon Properties Corp. DoubleDragon subsidiary CityMall Commercial Centers Inc. (CMCCI) inked a partnership with the television network last December, wherein ABS-CBN will manage bookings and the food & beverage operations…

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THE Asian Institute of Management (AIM) Board of Trustees announced on Monday the appointment of Peter Garrucho Jr. OBE as its new chairman of the board. Garrucho was previously a member of the AIM’s Board of Trustees as well as its Scientific Research Foundation Board. Garrucho was also a marketing…

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