MA. LISBET K. ESMAEL

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TECHNOLOGY will serve as an enabler of growth for both employees and businesses, particularly in the small and medium enterprises (SME) sector, technology solutions provider Cisco said. Bidhan Roy, general manager SMB (small- and medium-sized businesses) Markets and Distributions in Cisco Asean, told reporters in a chance interview that the…

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JAPANESE company Fujifilm plans to increase its presence in the Visayas and Mindanao regions to strengthen its brand visibility and recognition in the country. Fujifilm Philippines Inc. President Tomoyuki Fukura told The Manila Times they plan to boost brand presence in the VisMin areas, particularly its electronic imaging segment, by…

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SINGAPORE-BASED credit management services (CMS) provider AsiaCollect is expanding its reach in the Philippines and Indonesia with the launch of its CMS Advisory Services. In a statement issued on Monday, the consumer debt collection company said the new service would target consumer loan originators that could help upgrade their CMS…

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PANGILINAN-LED PLDT on Monday announced plans to invest P7 billion in an international submarine cable system linking the country to the US and Japan. Dubbed Jupiter, the new Trans-Pacific cable system will help beef up and support the firm’s international cabling capacity, PLDT told the local bourse. PLDT said the…

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GLOBAL Ferronickel Holdings, Inc. (FNI) has completed its 2017 nickel ore shipments, recording higher volume shipped compared to 2016 and 2015. FNI told the Philippine Stock Exchange its subsidiary Platinum Group Metals Corporation has shipped 5.97 million wet metric tons (WMT), or 109 vessels of nickel ore, in 2017 versus…

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ABOITIZ-LED Union Bank of the Philippines (UnionBank) recorded a net income of P6.4 billion in the first nine months, down 21 percent from the P8.1 billion posted in the same period in 2016. In a disclosure to the Philippine Stock Exchange, UnionBank said that excluding securities gains, core income in…

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PHILIPPINE Business Bank (PBB) said on Monday its net income for the first nine months of the year dropped by 30.4 percent to P466.1 million from P670 million last year on lower trading gains. Roland Avante, president and chief executive officer of PBB, told the local bourse that PBB limited…

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GLOBAL digital imaging provider Canon said it has customized technology solutions to address document management problems that cause some companies suffer losses every year. Data from market research firm International Data Corporation show that enterprises endure 21 percent loss in total of productivity per year because of unsystematic document management,…

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US-BASED remittance services provider Western Union announced over the weekend the launch of a money transfer bot in the Philippines through Facebook Messenger. Western Union said the service allows Filipinos to request money from relatives or friends in the US through the use of a money transfer bot in Messenger.…

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APPLIANCES maker Concepcion Industrial Corp. (CIC) on Friday reported 12 percent earnings growth in the third quarter, driven by stronger revenues. In its preliminary report to the Philippine Stock Exchange, the company said that profit after tax after minority interest (PATAMI) in the third quarter grew to P182 million, while…

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