Globe Telecom small and medium enterprise arm (SME) Globe myBusiness is set to strengthen its presence in the Filipino-Chinese SME community in the country as it brings its nationwide digital solutions caravan in Binondo, Manila after successful runs in North Luzon (Cauayan, Isabela), Mindanao (Davao City), and South Luzon (Batangas City).
Globe Telecom bagged three citations from Finance Asia, a leading publisher of financial news in the Asia Pacific region. The company was given two major company awards and an individual category citation.
Globe Telecom is currently expanding its network coverage and capacity in Cebu province across all technologies, including 3G & LTE, as part of its commitment to continue building on its network infrastructure for a wider reach and faster internet experience of Filipinos nationwide.
2Go Travel, one of the most renowned sea and land transportation companies in the Philippines, was born out of the integration of the 2 major shipping companies in the Philippines in December 2010 when Negros Navigation Inc. bought out the Aboitiz Transport Systems (ATS) group which operated the “SuperFerry” passenger brand. The rebranding of both companies used the ubiquitous “2GO” brand in 2011 across all business units, finally naming the passenger brand “2GO Travel.”
Globe Telecomheld its Annual Stockholders Meeting, on April 13, 2016, at the Fairmont Hotel in Makati. Globe Chairman Jaime Augusto Zobel de Ayala (second from right) reported during the event that the company in 2015 surpassed its performance in the previous year, posting new highs in service revenues, EBITDA and net profit.
The information Technology and Business Process Management (IT-BPM) industry has grown to be the second largest source of dollar income for the Philippine economy, according to the Information Technology and Business Process Association of the Philippines (IBPAP). In 2015, the industry generated 1.2 million direct jobs and US$ 22 billion in revenues.
The Bureau of Internal Revenue (BIR) in partnership with GCash mobile money service, is set to re-launch the first electronic filing and payment system in the country on Apr 12, 2016. Together with the USAID Facilitating Public Investment Project and the USAID E-PESO Activity, these computerization and digitization reform measures aim to improve tax collection and administration, curb corruption, and strengthen business climate in the country.
Mabuhay Interflour Mill, Inc. (MIMI) has entered into a P998-million, seven-year loan deal with BDO Unibank, Inc. (BDO) to partly finance the construction of its flour mill within a 5.2-hectare property in Subic Bay Gateway Park Phase II.
Property Company of Friends Inc., (Pro-Friends) remains a trailblazer in the Philippine real estate industry with its newest master-planned 25-hectare commercial, business and lifestyle township community called Downtown Lancaster, located right in the heart of the 1,400-hectare Lancaster New City in General Trias, Cavite.
Worldwide spending of enterprises on information and communications technology (ICT)-based business software and applications grew 7.5 percent to reach $149.9 billion in 2015, with a projected increase to more than $201 billion in 2019, according to the latest forecast from Gartner, Inc. Analysts, a leading information technology research and advisory company. In addition, investing heavily on digital transformation will yield growth in terms of revenue and operational efficiency as well minimizing risks and threats.