Remittance market resilient amid strong $, recession risk
THE personal remittance market will remain resilient despite a weak peso and possible recession from source markets, an executive of a cash-transfer operator said.
THE personal remittance market will remain resilient despite a weak peso and possible recession from source markets, an executive of a cash-transfer operator said.
ELECTRONIC commerce (e-commerce) may be here but it wouldn’t dislodge the neighborhood mom-and-pop store out of the top spot for purchasing the top 10 FMCG brands in the past decade and in the coming years, a study by the local business of Kantar Group Ltd. revealed.
THE British multinational risk management, insurance brokerage and advisory firm Willis Towers Watson Public Ltd. Co. (WTW) announced the renewal of a lease in its Makati City office.
A RECENT poll by a British multinational revealed Philippine employers are focusing on enhancing the “employee experience” amid the lockdown measures that truncated how people perform their jobs.
Nonprofit group World Wildlife Fund (WWF) Inc. said its fourth assessment of environmental, social and governance (ESG) integration performance shows signs of progress.
THE world is your oyster; but don’t be one. For one, humans are far from being mollusks; for another, being sedentary doesn’t help, especially during lockdowns.
ZERO is both the easiest and most difficult goal, especially in waste management; just ask Jovito L. Benosa, Zero Waste Program Officer of nonprofit EcoWaste Coalition.
MANILA zoomed from the 109th to the 80th spot on the list of most expensive cities in the world for expatriates, the 2020 “Cost of Living Survey” by Mercer Llc. reveals.
Ikhlas Capital Singapore Pte. Ltd. (Ikhlas) announced on May 14 that it signed an agreement for an investment of up to $18 million in Glacier Megafridge Inc. (GMI).
Andres Panganiban, founder of the New Rural Bank of San Leonardo in Nueva Ecija, passed away on April 1 at 67.
Maria Yolanda C. Sevilla, cofounder of The Leather Collection Inc. (TLCI), is an entrepreneur by heart.
WHILE not in the top 10 best cities for Generation Z worldwide, Manila was in the top 10 for gender equality in a study by Nestpick Global Services (NGS) GmbH.
Of 19 cities polled by Value Champion, a consumer research firm, Manila ranked 16th overall as best for millennials.
GOLDEN Arches Development Corp. (GADC) believes 2019 will be another good year for its McDonald’s franchise business in the Philippines due to its steady sales growth, upbeat consumer sentiments and elections in 2019.
SOCHI, Russia—Mouse: the one thing feared by elephants and the world’s largest companies today. Just one click could spell disaster—the Bangladesh bank money transfer fiasco and Wannacry virus—and major revenue losses.
SINGAPORE—The founder of Arab-backed firm Locus Chain Foundation Pte. Ltd. believes blockchain technology can help Asian countries like the Philippines fight terrorism and illegal migrants.
IBM Inc. is readying its business in the Philippines, as it sees the complexity level of the country’s information technology (IT) getting higher.
MOBER Technology PTE (Mober) announced on February 27 that it received funding from 2GO Group Inc. The privately held Mober didn’t disclose how much it received.
KMC Savills Inc. said that, in 2017, Metro Manila saw the highest number of completions to date at around 761,100 square meters (sq m) of gross leasable area (GLA).
AVAYA Holdings Corp. announced on February 13 the appointment of Ferdinand S. Macatangay as the firm’s Philippines country manager.
YOUNG people walk into a bar. Sensing they are minors the bartender asks which generation they belong to. They said “Y to Z.”
MORGAN Stanley & Co. Llc. said it upgraded Globe Telecom Inc. on the back of lower depreciation charges, increases in data monetization and improvement in customer growth.
THE local transaction of Sea Ltd.’s platform called Shopee may have hit 2,500 a day, a back-end support firm said.
SOCIAL enterprise is a vibrant and growing industry in the Philippines, a recent report by the British Council Philippines revealed.
PHILIP Morris International Inc. (PMI) announced last week that the estimated total cigarette market of the Philippines decreased by 8.1 percent in the third quarter.
IRVING, Texas-based Fluor Corp. announced last week it was awarded an engineering, procurement and construction management (EPCM) contract for the utilities, offsites and infrastructure scope of work for JG Summit’s petrochemical complex expansion in Batangas City. Fluor booked the undisclosed contract value in the third quarter of 2017.
HOTEL operator Waterfront Philippines Inc. (WPI) is preparing for a cascade of benefits after the Mactan-Cebu International Airport Passenger Terminal Building formally opens.
SINGAPORE—After supporting moves offline against pirated CDs and DVDs, Microsoft Corp. is bringing the war against those behind illegal software on the cold waters filled with hackers: the Internet.
LENOVO Corp. held the second position in the shipment of personal computers (PC) during the first quarter, according to the International Data Corp. (IDC). IDC said Lenovo posted a relative modest growth of 1.7 percent globally.
CHRIS Papa is part of that rare breed of Filipinos who opt to give his expertise within the country’s border.
ACCION Group Llc. announced on October 23 said it has raised a new $5 million round of funding for digital payments and blockchain start-up Coins. The company said the money would go to projects that target “unbanked individuals in the Philippines and throughout Southeast Asia.”
HANDHELD devices under the Motorola brand returned to the local market, as International Data Corp. (IDC) said worldwide volume shipments of smartphones were up 1 percent in the third quarter.
MOBILE advertising company InMobi Technologies Pvt. Ltd. announced on October 27 it has launched an advanced suite of video formats across countries in Asia Pacific. The suite of video-ad formats will be available in nine countries, including the Philippines, the company said.
ORACLE Corp. announced on October 26 a series of major innovations across its cloud platform.
BABY food, diapers, wipes and talcum powder are dominating millennials’ shopping baskets this year, according to Kantar Worldpanel, the data investment management division of WPP Plc.
ROBINSONS Land Corp. (RLC) expects the number of affluent Filipinos to increase after three years.
THE number of users in Asia using four screens increased by 40 percent between the second half of last year and the first half of 2016, a survey by Appier Inc. revealed.
ORACLE Corp. unveiled on October 6 in San Francisco, California, its strategy for next generation Software as a Service (SaaS) Cloud offerings the company claims “blend third-party data with real-time analytics and behavioral inputs to create cloud applications [CA] that adapt and learn.”
AN executive of Robert Bosch GMBH noted that many machines used in skilled trades or manufacturing are still not connected to Industry 4.0.
CORPORATIONS must consider data as a valuable asset and strengthen data integrity to fill the security gaps in their systems, Ultimate Risk Solutions Llc. Managing Director David Piesse said.
SPEECH and imaging-solutions provider Nuance Communications Inc. has partnered with Wordtext Systems Inc. (WSI) for the local distribution of a software to manage portable document format (PDF) files workflow.
GERMAN-based market research organization GfK reported that Oppo is now the second best-selling smartphone brand in the Philippines.
BRANDS in the Philippines are placing social media at the heart of their strategy to have a 360-degree customer engagement, Taylor Nelson Sofres (TNS) International Ltd. said, citing its recently released study.
SINGAPOREAN firm D-Link International Pte. Ltd. recently rolled out locally several products under its enterprise networking-solutions line.
THERE’S a fragile relationship between communications service providers and teenagers
THE local unit of Lenovo Corp. announced the positioning of its ThinkPad Yoga 11e in the education customer segment as the International Data Corp. (IDC) maintained a lackluster forecast of the personal computer (PC) market.
NATIONAL Instruments (NI) has entered into a strategic partnership with the University of San Carlos (USC), NI said in a statement on August 26.
GROM Holdings Inc., the privately held parent company of Grom Social Inc., has acquired 100 percent of award-winning, Philippines-based Top Draw Animation (TDA).
DELL Inc. introduced on August 24 the new Vostro laptops a month after the International Data Corp. (IDC) updated its forecast of decline in in worldwide PC shipments.
RAKUTEN Kobo Inc. is launching in October in the Philippines and three other countries a handheld e-reader that is waterproof and can store up to 6,000 eBooks. In a statement on August 17, Rakuten Kobo said it will launch the 7.8-inch Kobo Aura One ahead of Japan and Brazil.
BREAKING the chokehold by two companies on the country’s telecommunications sector is now up to government, according to Now Corp. CEO Mel V. Velarde.
A survey by technology firm SAP SE found that Filipino consumers follow India in finding their digital experience (DX) “delightful.” The SAP poll, compiled in a report released last month, said 54 percent of 500 consumers in the country said they are delighted with their DX.
FILIPINO consumers are increasingly demanding the ability to control and personalize their products, services and experiences—a trend indicating wider digital shift in consumer behavior, a survey by Amdocs Ltd. revealed.
TECHNOLOGY analysts have noted declines in the shipment of personal computers (PCs) in the Asia-Pacific region, with elections in the Philippines contributing to the decrease in sales.
LENOVO Corp. may be seeking growth in sales of its personal-computer (PC) segment by touting the device’s capability in the gaming sector.
AEGON N.V. announced on July 15 the rollout of GoBear, Asia’s first and only meta-search engine for insurance and banking services.
MELBOURNE, Victoria—Australia-based Utilibill Pty. Ltd. announced on July 6 the launch of its cloud-based, electricity-billing platform for utilities.
FEELING the wanderlust in you? Visa Inc. said it must be technologically related.
A SUBSIDIARY of the information and communications technology (ICT) of PLDT Inc. announced the launch of a “vendor-agnostic” forum it calls “CloudComPH.” IP Converge Data Services Inc. said in a statement the company created the cloud community “to serve as a venue for the sharing of ideas and best practices, whether technical or operational, among individuals who build, develop, maintain and use cloud-computing infrastructure, platforms and applications in the Philippines.”
MANILA followed Singapore and Bangkok as the most expensive city in the Association of Southeast Asian Nations (Asean) region, according to a ranking by consulting firm Mercer Llc.
THE Philippines is one of several Asian countries seen accelerating migration to 4G, a study by the Groupe Spéciale Mobile Association (GSMA) revealed.
OKAZAKI, Japan—Mitsubishi Motors Philippines Corp. (MMPC) eyes regaining the top position in sales of its Montero model as the company addresses the sudden unintended acceleration (SUA) issue.
YOUNG Filipinos are second to Indians when it comes to reliance on their parents, a poll by a unit of McCann Worldgroup Inc. revealed.
FACEBOOK Inc. announced recently more than 100 years of time have been spent viewing its advertising platform called “Canvas” since the company launched it in February.
ACER Inc. cited its customer-centric strategy is the key to its success in the local consumer technology market.
ORACLE Corp. announced on June 22 two new models of its database appliance targeting small- and medium-sized businesses.
KASPERSKY Lab ZAO launched on June 24 a crowdfunding campaign aimed at collecting money to bring a portable charger to the mass market.
NUMBER crunchers are urged to prepare for disruptive technologies, as member-countries of the Association of Southeast Asian Nations lurch forward to an Asean Economic Community (AEC).
THE top executive of local cloud-computing firm IP Converge Data Services Inc. (IPC) believes businesses in the Philippines are becoming increasingly aware of the importance of “digital transformation” (DX).
DIRECTORIES Philippines Corp. (DPC), owner of 57-year-old Yellow Pages, recently launched a navigation and directory app that connects users even without Internet connection.
WAITING on technology to deliver information leads to loss of productivity, a recent survey by Nimble Storage Inc. revealed.
MANAGEMENT consulting firm AT Kearney Inc. has noted a healthy increase in sales of the Philippines’s retail sector.
DESPITE a higher spending to contain violence, the Philippines lags behind its neighbors in the Asia-Pacific region in achieving the elusive goal of peace, a think tank’s index revealed.
THE International Data Corp. (IDC) sees manufacturing companies in the Association of Southeast Asian Nations (Asean) region will ramp up their Internet of Things (IoT) technology investments to over $15 billion by 2019.
INMARSAT Plc. announced on June 9 a partnership with publication solution provider PressReader to enable those working and living in the world’s most remote locations to have access to the world’s first all-you-can-read newspaper and magazine service.
SES SA said on June 1 Skycable has signed a multi-year, multitransponder agreement for broadcasting direct-to-home (DTH) satellite TV channels with the Euronext-listed satellite operator.
A STUDY by FurstPerson Inc. ranking live-chat job candidates showed applicants from the Philippines demonstrated computer skills statistically equivalent to those found in the United States.
GRAB brand operator GrabTaxi Holdings Pte. Ltd. announced on June 1 the ride-hailing platform in Southeast Asia (SEA) is now available for the first time outside the region.
YOUNG consumers in the Philippines are quickly switching to digital, a recent study by Fidelity National Information Service Inc. (FIS) revealed.
THE Clark Green City (CGC) and Project Nationwide Operational Assessment of Hazards (Noah) have been named finalists in a competition by the International Data Corp.
CITING data by the International Data Corp. (IDC), Lenovo Group Ltd. is positioning its two new personal computers (PCs) in the gaming industry. Lenovo said in a statement it is leveraging “on the renewed interest of serious gamers” in its release of its gaming PCs in two form factors: the all-in-one ideacentre AIO 700 PC and the ideapad Y700 laptop.
SAN Francisco-based startup Open Garden Inc. (Ogi) announced on May 20 that Ateneo de Manila University (AdMU) will use its mobile application called FireChat for disaster-preparedness.
LENOVO Corp. announced on May 10 the company’s strategic technology conference will bring together some of the industry’s top leaders to San Francisco, US, on June 9. These leaders are expected to probe the most promising and emerging topics in innovation, including virtual reality, smart-connected devices and Internet of Things and harnessing the power of the cloud to transform people’s lives. Lenovo Chairman and CEO Yang Yuanqing will deliver the keynote address.
THE International Data Corp. (IDC), a global research company, cautions against a “myopic leadership” replacing the current Aquino administration as negatively affecting the country’s information and communications technology (ICT) growth track.
MICROSOFT Corp. is touting its Lumia smartphone as the season’s device-of-choice near the end of summer and on the back of a flat smartphone shipment in the first quarter. A statement by the company that bought Nokia Corp.’s devices and services business (NDS) said it has positioned its Lumia 950 XL “millennials and millennial-minded explorers.”
LISTED technology company Now Corp. will roll out by June an information-technology (IT) product that will aggregate into one any content platform at the user’s control.
INCLUDED for the first time, the Philippines zoomed past India and Indonesia in the latest Business-to-Consumer (B2C) Electronic Commerce (e-commerce) Index by a United Nations (UN) agency.
MOBILE satellite-communications provider Inmarsat Plc. announced recently the development in its Global Xpress (GX) and Fleet Xpress (FX) business solutions. In separate statements, Inmarsat announced its take up of the terminal by Skyware Technology Ltd. and bagging the largest FX installation project to date with Nanjing Tanker Corp. of China.
OPEN source solutions provider Red Hat Inc. (RHT) announced recently the general availability of a new version of its enterprise virtualization solution as Ciena Corp. cites the status of virtualization in the Asia-Pacific region.
SINGAPORE-based MapR Technologies Inc. announced on February 29 that Lazada Group has selected its converged-data platform to power the latter’s e-commerce operations in Southeast Asia.
TAIWANESE electronic-device manufacturer Acer Group Inc. announced its success across multiple product lines in the Philippines, as the International Data Corp. (IDC) said PC-market stabilization remains an elusive goal despite pockets of growth.
TECHNOLOGY provider GoDaddy Inc. announced on February 29 the company is making available to 11 Asian markets, including the Philippines, its suite of cloud-based products and customer care.
GLOBAL mobile satellite communications provider Inmarsat Plc. marked the 25th anniversary of its Inmarsat C by revealing that more than 600 distress alerts from vessels in urgent need were broadcast over the service in 2015.
INMARSAT Plc expects mobile satellite communications services to be modular as it began a conference for developers in London, United Kingdom, on Monday.
AMDOCS Ltd. is urging local telecommunications companies (telcos) to scale up as a research reveals dropped calls via Voice over Long-Term Evolution (VoLTE) are higher than that experienced via 2nd Generation (2G) or 3G technology.
A STUDY by International Data Corp. for Amdocs Ltd. showed service providers in Asia Pacific (Apac) believe they are not transforming fast enough to meet the demands of today’s digital era.
KII Corp., operator of an Internet of Things (IoT) cloud-platform provider, announced recently it is working on an ambitious new “citizen science” conservation project with local fishermen in the Philippines to help monitor and track the dugong population in the region.