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Tag: philippines

Retail Asia19/08/2022
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Telecom

Globe Gains Approval to Sell 7,000 Towers

5min0
Globe announced that it received board approval to sell over 7,000 towers in what is to be the largest ever tower sale and leaseback deal in the Philippines. In a company disclosure, Globe said the tower assets offered for sale are comprised of 79% ground-based towers and 21% rooftop towers. The sale has been grouped […]
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Retail Asia19/08/2022
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Telecom

Smart Partners With Omnispace to Explore Space-Based 5G Technologies

3min0
PLDT’s wireless subsidiary Smart Communications is collaborating with US-based Omnispace to explore and demonstrate the capabilities of space-based 5G communications using low earth orbit (LEO) satellites. In a statement, the Head of PLDT’s Technology Strategy and Transformation Office, Arvin Siena said, “This collaboration with Omnispace will allow our companies to work together to define use […]
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Retail Asia17/08/2022
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Telecom

SmarTone to Terminate 2G Services on October 14

3min0
SmarTone said that it would terminate its 2G services on October 14. This comes after Hong Kong’s Office of the Communications Authority announced the Communications Authority’s decision to grant prior consent to the application by SmarTone to discontinue its 2G services. In a press release, the company said that in response to the massive growth […]
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Retail Asia12/08/2022
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Telecom

DITO Slapped With Interconnection Penalty by Globe After Filing Anti-Trust Complaints vs Telco Giants

3min0
The Philippines’ two pioneering telecom firms, Globe and PLDT’s wireless unit Smart, hit back at new industry player DITO after it filed a complaint against the two firms for their alleged anti-trust practices. Local media reports cited Globe’s statement saying that it had asked the local telecoms regulator to penalize DITO with 622 million pesos’ […]
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Retail Asia10/08/2022
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General

Cebu Pacific retimes, cancels 31 flights Tuesday

2min0
Low-cost carrier Cebu Pacific (CEB) on Tuesday announced the retiming and cancellation of 31 flights, saying these are the affected flights during the memorial rites for former President Fidel Ramos. Spokesperson Carmina Romero said a notice to airmen (NOTAM) restricting the movement from 11 a.m. to 1 p.m. was issued for a planned showering of […]
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Retail Asia08/08/2022
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Telecom

Converge ICT Now Offers Data Center Service Connectivity Solution

2min0
Philippines’ fiber broadband provider Converge ICT Solutions, Inc. announced it is now offering its Data Center Express (DC Express) to address high-capacity requirements of its customers from the residential and business sectors. DC Express delivers clear channel, dedicated connectivity between data centers, such as those used in BPOs, banks and multinational companies, through Converge’s Data […]
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Retail Asia05/08/2022
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Telecom

IFC Provides $70 Million for Shared Mobile Infrastructure Project in Philippines

4min0
The International Finance Corporation (IFC) announced that it is providing $70 million to fund a shared mobile infrastructure project in the Philippines. In a press release, the organization said it is collaborating with Renewable Energy Infrastructure (CREI) Phils Inc. to help address the digital gap in the country through tower-sharing. The $70 million financing package […]
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Retail Asia04/08/2022
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Food

Rice exports jump 20 pct

1min0
Vietnam exported 4.2 million tons of rice in the first seven months, 20 percent up year-on-year, according to the Ministry of Agriculture and Rural Development. But earnings were only 9 percent higher at US$2 billion since global rice prices have fallen by over 10 percent to $489 a ton. Exports to the U.S. grew fastest […]
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Retail Asia02/08/2022
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Telecom

PLDT’s Trans-Pacific Cable System Is Now Activated

2min0
The last test 14,000-kilometer cable system is the fastest in the country, enabling direct data cable link to the US and Japan. It’s also expected to improve the Philippines’ international data capacity and boost its digital infrastructure. PLDT and Smart President and CEO Alfredo Panlilio said, “The PLDT Group takes pride in leading our nation’s […]
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Retail Asia29/07/2022
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Telecom

NOW Telecom Partners with SBA Towers for Infrastructure Support

2min0
According to NOW Corporation’s disclosure to the Philippine Stock Exchange, they are in talks with SBA Towers Philippines about a lease of build-to-suit sites, towers, and passive telecommunications infrastructure and facilities to be used for the installation of NOW’s facilities and equipment in order to provide telecommunications and internet services.The company said this is included […]
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Retail Asia26/07/2022
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Food

Starbucks plans rapid expansion in Thailand

2min0
Starbucks Thailand has announced an expansion strategy, which calls for opening 30 new coffee shops in Thailand every year until 2024 – 90 in all – according to Bangkok Post. The company claims to be prepared to expand again this year, after sales improved during the first half of this year. In addition, Starbucks Thailand […]
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Retail Asia12/07/2022
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General

AirAsia launched food delivery and ride-hailing in the Philippines

1min0
Malaysia-based multinational low-cost airline AirAsia has expanded its portfolio by including two new businesses set to launch in the Philippines’ capital, Manila, by the end of 2022. AirAsia Super App will soon operate a ride hailing and food delivery service after it already secured a franchise from the Land Transportation Franchising and Regulatory Board (LTFRB) for its […]
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Retail Asia12/07/2022
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General

Cebu Pacific resumes flights to Australia

3min0
Budget carrier Cebu Pacific said on Sunday it has expanded its Asia Pacific footprint with the resumption of its flights to Australia. With the easing of travel restrictions in the Philippines and Australia, Cebu Pacific has resumed its thrice weekly flights between Manila and Sydney. “With this route resumption, we are pleased to fly once […]
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Retail Asia08/07/2022
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Telecom

Philippines’ New ICT Chief Stresses Importance Digitalizing Public Transactions

2min0
The newly appointed head of the Philippines’ Department of Information and Communications Technology, or DICT, said that the agency will ensure more efficient public service delivery through digitalization. The department’s executive attended a turnover ceremony where he stressed the importance of innovating  e-governance in the country by streamlining government transactions through digitalization. The ICT chief […]
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Retail Asia06/07/2022
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Finance

Globe Backs Digitalization Plans Of New Philippine Government

2min0
Globe Telecom has announced that it supports the digitalization plans of the Philippines’ new administration. One of the leading digital solutions providers, Globe stated that it is ready to collaborate with the government to provide its industry leading product line and services to improve digitalization in public offices and agencies, as well as deliver speedier […]
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Retail Asia30/06/2022
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Telecom

PLDT, Smart Lauds Government’s New Cybercrime Lab

2min0
Philippines’ major telecoms group, Smart and PLDT said it welcomes the country’s new Digital Forensics Platform and Laboratory launched by the Cybercrime Investigation and Coordinating Center, or ICC. The new facility aims to improve the government’s initiatives to fight cybercrime, especially, online sexual abuse and exploitation of children. Following the unveiling of this new laboratory, […]
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Retail Asia29/06/2022
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Uncategorized

ZTE and IPMA partner for innovative project management in Philippines

3min0
ZTE has signed an MOU (Memorandum of Understanding) on strategic cooperation with International Project Management Association (IPMA) Philippines in Manila. The strategic cooperation between IPMA Philippines and ZTE Philippines further recognizes ZTE’s mature corporate project management capability. This is ZTE’s first overseas IPMA corporate membership, and the company has become a corporate member simultaneously certificated […]
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