Thursday, January 28, 2021

PH will suffer more job losses if EU Parliament suspends GSP+ status — Philexport

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Philippine Exporters Confederation, Inc. (Philexport) President Sergio Ortiz-Luis, Jr. said Sunday that if the European Parliament's will suspend the country's Generalized Scheme of Preferences Plus (GSP+) status, the Philippines will suffer more job losses...

DITO’s primary cybersecurity provider fined for selling counterfeit Chinese-products to US military

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Fortinet, the US cybersecurity company picked by China-backed DITO Telecommunity as a tech partner in the Philippines, is involved in a fraudulent act in the United States. US federal investigators bared that an unnamed Fortinet...

China-backed DITO taps US cybersecurity firm as crucial tech partner amid espionage concerns

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China-backed DITO Telecommunity Corporation announced that it would tap Fortinet, a US cybersecurity firm, as its "primary cybersecurity provider." The announcement came in a bid to ease security concerns surrounding DITO's association with Beijing-run Chinese...

DITO contradicts AFP statement, says it will pay cash for rent of cell sites...

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Contrary to what the Armed Forces of the Philippines earlier announced that DITO Telecommunity will pay the military “in kind” for the rental of cell sites in military camps, the China-backed telco firm said...

PSE penalizes Dennis Uy-led PH Resorts Group Holdings Inc.

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The Philippine Stock Exchange (PSE) penalized Dennis Uy-led PH Resorts Group Holdings Inc. (PHR) for its failure to disclose details of its acquisition of Lapulapu Land Corporation. The PSE did not detail the penalties it sanctioned...

Meralco may also lose franchise just like ABS-CBN, Gatchalian warns

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The refusal of power distribution firm Manila Electric Co. (Meralco) in immediately complying with the orders of the Energy Regulatory Commission (ERC) to pay a P19-million fine might result in the company losing its...

Google, Facebook drop Hong Kong undersea cable project over fears of China collecting data

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US-based tech giants Google and Facebook will not push through the undersea cable project, a supposed partnership between the United States and Hong Kong, after US authorities raised concern on Beijing’s intention to collect...

Meralco slapped with P19M fine for ‘bill shock’ incident

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The Energy Regulatory Commission (ERC) confirmed that it’s requiring Manila Electric Co. (Meralco) to pay a fine of P19 million after the power distribution firm failed to “clearly indicate” that the monthly bills during...

ABS-CBN records P3B loss following franchise rejection

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ABS-CBN posted a net loss of P3.16 billion for the second quarter of 2020 after the House of Representatives rejected its bid for a new 25-year franchise, entirely shutting down its broadcast operations. In its...

Duterte’s attacks vs businesses might cause PH to lose foreign investments, trade opportunities —...

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The American Chamber of Commerce of the Philippines (AmCham) warned that the Philippines might lose investments from foreign businesses and trade opportunities if President Rodrigo Duterte keeps on threatening companies with closure. AmCham's statement...

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Globe connects | Photos of people on their phone, a cell tower and desktop devices

Pinalakas at pinabilis na Globe Home Prepaid WiFi, inilabas na 

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Mas pinalakas, mas pinabilis na Globe At Home Prepaid WiFi ang kailangan ngayon sa new normal, lalo na’t maraming binago ang pandemya sa pamumuhay...
Sangley Point Airport scrapped | An artist's rendition of the proposed Sangley International Airport

Gov. Remulla: They’re not fully committed 

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“They’re not fully committed,” said Cavite Governor Juanito Victor Remulla after finding out that the consortium’s documentation was “deficient in three or four items”. Worth...
Duterte takes preventative move | Coronavirus, illustrated

Duterte takes preventative move, recalls earlier IATF order

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MANILA — Three days after Malacañan announced further easing of age-based stay-at-home restrictions, President Rodrigo Duterte withdrew the government resolution, now allowing persons 15...