MA. LISBET K. ESMAEL

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HENRY Sy-led property developer SM Prime Holdings, Inc. is boosting its Southern Luzon presence with the launch of a new mall in Batangas on Friday. The company told the bourse on Thursday that its newest mall, SM Center Lemery, adds 25,000 square meters (sqm) to SM Prime’s total gross floor…

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LISTED technology services provider PhilWeb Corp. on Wednesday said it acquired three electronic gaming and bingo sites through share swaps. In a disclosure to the Philippine Stock Exchange, PhilWeb said it acquired one PAGCOR (Philippine Amusement and Gaming Corporation) e-Games site in Cainta through its subsidiary BigGame, Inc., and that…

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Ride-hailing company Uber is offering its technology to the Philippine government for use in optimizing infrastructure plans. Laurence Cua, Uber Philippines general manager, said its Movement initiative, which aggregates data from daily trips, could help the government to plan routes. “Movement uses the power of big data to help government…

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AYALA-LED Globe Telecom said on Tuesday that illegal signal transmitters such as signal boosters, repeaters and RFIDs (radio frequency identification) used for car parking or security systems had affected 1,200 cell sites this year and disrupted services. The telco said in a statement that 60 percent of the affected sites…

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DICT says goal represents ‘best effort’; rules still being drawn up PLDT, Inc. and Globe Telecom, Inc.’s market dominance could be challenged sometime next year, a senior government official said, following the Palace’s announcement that China Telecommunications Corp. had been chosen to compete against the duopoly. Department of Information and…

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DIGITAL services provider PayMaya said on Monday that more and more consumers in the Philippines were adopting e-payment methods for their transactions as shown by the six-fold increase in Paymaya transactions for the month of November alone. Paolo Azzola, PayMaya Philippine chief operating officer and managing director, said in a…

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HOMEGROWN loyalty solutions firm Appsolutely Inc. announced on Monday the launch of its Token Generation Event (TGE), a fundraising for its LoyalCoin (LYL) digital token. “We’re excited to be taking a huge step forward in executing our vision of a reshaped loyalty economy,” said Patrick Palacios, chief executive officer and…

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AYALA-LED Globe Telecom envisions its e-cash services provider GCash expanding in the transportation segment following the unit’s aggressive partnerships with retail leaders in the country. Ernest Cu, Globe chief executive officer and president, told reporters in a chance interview that GCash was also bullish about the prospects of introducing its…

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SUGAR miller and ethanol producer Roxas Holdings Inc. (RHI) said consolidated net income for the first three quarters of the year increased 18 percent due to the strong performance of its core business. RHI told the local bourse on Thursday its consolidated profit after tax reached P120 million versus the…

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