Upson International Corp, the largest tech retailer in the Philippines, announced on Monday that it has filed for an initial public offering to raise up to Php4.88 billion for expanding its retail base. With target listing on the Philippine Stock Exchange set for September, UIC is planning to offer up to 888.15 million common shares […]
PH government urged to clamp down on online piracy by consumer group
Amid what is perceived to be an aggravating factor to economic and creative growth, consumer advocacy group CitizenWatch is pushing the government to tighten its rules against online piracy. Philippine CitizenWatch Co-convenor Atty. Tim Abejo blames online piracy for causing many Filipinos to lose their jobs, even before the health crisis hit. Additionally, Abejo also […]
US, partners grant Php10 million worth of laptops, tablets to PH schools
The United States in partnership with local associates have given away learning tools worth Php10 million in a bid to support early grade students with their education, according to the US Embassy in Manila. The recipients of at least 100 “school-in-a-bag” kits include students in select schools across the regions of Bicol, Cotabato City, Cotabato […]
BSP experimental digital currency to launch in Q4 2022
The Bangko Sentral ng Pilipinas (BSP), via Governor Benjamin Diokno in a statement on Friday, said that the central bank digital currency (CBDC) is set for an experimental trial, beginning in the fourth quarter of 2022. CBDC will bring the central bank’s fiat currency into digital format and will take advantage of the blockchain, the […]
Xiaomi, Leica partnership announced
After a couple of rumors, the Xiaomi and Leica partnership has been confirmed.
An Android developer wants to create an open-source smartphone
As mainstream devices become ever more questionable when it comes to respecting people’s privacy, some are coming up with solutions with a promise of keeping that which many hold dear—privacy in the digital age. One Android developer, Simple Mobile Tools, is rising to the challenge with a plan to bring into the market a smartphone […]
Maya 6% interest savings rate is now available for everyone
Maya is launching a new Savings account which has a 6% annual interest rate. This service is now available to more Filipinos through its mobile application. Users will no longer have to complete different missions or have to wait for their turn to have access to Maya Savings. If a user already has an upgraded […]
Petron promises a completed 184MW Bataan power plant in 2022
Petron Corporation is eyeing the completion of a 184-megawatts (MW) power plant that will be housed inside its existing refinery in Limay Bataan by Q2 2022. According to Petron CEO and President Ramon Ang, via Manila Standard, the new power plant will serve as a pivot from “fossil fuel,” enabling the conversion of the raw […]
HP Spectre x360 with 12th-Gen Intel chips announced
While other laptops dabble on both Intel and AMD chips, the latest HP Spectre x360 is going all-in with Intel.
Sony WH-1000XM5 launched for Php20,999
Sony Philippines just launched its latest and greatest headphones in the country, the WH-1000XM5.
SEA Games medalists cash incentives in the Philippines
Medal-earning Filipino participants of the Southeast Asian Games are in for a large sum of money, coming directly from the treasury of the Philippine Sports Commission (PSC). Under the Republic Act (RA) No. 10699, otherwise referred to as the “National Athletes and Coaches Incentives and Benefits Act,” any athlete who wins the Philippines a medal […]
YouTube, TikTok are the most popular apps for Filipino children in Q1 2022
The Filipino youth are getting hooked on video-related entertainment as applications TikTok and YouTube lead mobile app usage among kids in the first quarter of 2022, according to Kaspersky. Drawing from an anonymized pool of information, the renowned international cybersecurity digital privacy and cybersecurity company has examined existing behaviors with regard to Android application usage, […]
BSP is launching ‘Bills Pay, Direct Debit, and Request-to-Pay’ e-payment streams
The Bangko Sentral ng Pilipinas (BSP) is set to launch three (3) e-payment streams—Bills Pay, Direct Debit, and Request-to-Pay—within this year to encourage the use of digital payments in the Philippines. Bills Pay enables customers with utility bills to pay for their expenses even if they don’t have an account in the banks supported by […]
Pentagon reveals increased UFO presence in the past 2 decades
For the first time, the Pentagon, through its top defense official, revealed to lawmakers the increasing number of cases involving unidentified flying objects (UFOs) reportedly being seen in the sky in the past 20 years. Deputy Director of Naval Intelligence Scott Bray told the House security panel how the rise of the incidences would occur […]
DITO is looking to extend its reach to Camotes island
The Philippines’ third major telco player, DITO Telecommunity, is contemplating broadening its access to customers via an extended reach to the local people of Camotes Island in Cebu, as per the province’s Governor Gwendolyn Garcia. Spearheaded by Atty. Adel Tamano, telco officials and the governor met on Wednesday afternoon for a conversation regarding the possibility […]