MA. LISBET K. ESMAEL

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CHINESE tech firm Lenovo aims to take the number one spot in the Philippines’ smart connected devices market, particularly in personal computers (PC) and tablets, with its strengthened brand awareness and wide range of products offered in the segments. With the company already at the forefront in both the PC…

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AYALA-LED Globe Telecom said on Friday its Board of Directors approved the additional capital expenditure (capex) of $100 milion (P5.06 billion) for this year as part of its plan to strengthen mobile data facilities. In a disclosure to the Philippine Stock Exchange, Globe said the additional spending will bring its…

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DIGITAL payment service providers PayMaya and GCash launched a partnership with Facebook Messenger to widen the reach of mobile financial services in the country. In a statement on Friday, Ginger Baker, product manager at Facebook, said the partnership would allow Filipinos “to send money, pay bills, and buy mobile data…

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CUSTOMER service providers (CSPs) can close the gap between customer experience and expectation by harnessing the full potential of virtual agents or chatbots, software and services provider Amdocs said Daniel Horan, chief digital officer and chief marketing officer at Amdocs Asia Pacific, said CSPs needed to harvest the full potential…

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Consumer access to financing remains in issue in the Philippines despite inclusion advances, an official of a micropayment services firm said. Albert Tinio, president of GCash, said that 70 percent of the population had no bank accounts and 90 percent had no credit score, making it hard for them to…

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Emerging markets in Asia Pacific, including the Philippines, remained particularly vulnerable to malware, technology firm Microsoft said. In its latest Security Intelligence Report (SIR), Microsoft tagged Bangladesh, Cambodia, Indonesia, Myanmar and Vietnam as the top five counties exposed to malicious programs in the first quarter of 2017. “The report found…

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CLASSIFIEDS platform OLX Philippines and property portal Property24 are optimistic of hitting a combined real estate sales target of around P100 million by the end of the year. “P100 million, closer to or a little bit more—that’s what we are striving to reach this year,” Ferdie Perez, head of Operations…

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SECURITY Bank Corp. is boosting the security of its ATM system to avoid card-related fraud. The bank introduced on Monday its ATM card Lock/Unlock feature, which can be compared to an “on/off” switch. “It provides additional protection against unauthorized transactions, including withdrawals and other card-related fraud,” the company said in…

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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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