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Senate bets vow to help legalize Angkas, ride-sharing motorbikes

SENATORIAL candidates said they would support the legalization of ride-sharing platforms using two-wheeled vehicles once they are elected into office after the May 13 mid-term elections.  Among those...

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Globe Q1 service revenues hit P36 billion

AYALA-LED Globe Telecom Inc. disclosed on Monday it has sustained its growth momentum at the beginning of this year as combined service revenues reached P36 billion in the first quarter of 2019, up 13...

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Globe to catch up on capital spending for rest of 2019

WITH more than half of the year left to fully disburse its 2019 budget, Globe Telecom Inc. is catching up in terms of spending the remaining balance of its P63-billion capital expenditures (capex). Its...

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Federal Land applies Japanese quake vibration control technology to upcoming...

CONSIDERING that the Philippines is prone to earthquake and other seismic activities being located in the Pacific Ring of Fire—the recent of which were the 6.1 and 6.5 magnitude tremors that jolted...

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Angkas promotes fintech to grassroots

RIDE-HAILING application Angkas is pushing digitization to small entrepreneurs to scale up their businesses and become part of the formal economy. This is by way of financial technology, often...

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SAS seeks more govt projects for growth

SAS Institute (Philippines) Inc. bared on Thursday it continues to work with the government to sustain its business growth, given their ongoing collaborative efforts and discussions on how to further...

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Angkas lauds approval of pilot run

AROUND 27,000 riders will be back to the road soon as ride-sharing app Angkas was given the green light to operate again in Metro Manila and Metro Cebu starting next month.  In a statement issued on...

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SAP’s enterprise resource planning solution cited by IDC

BUSINESS application software provider SAP has been cited as a leader in enterprise resource planning (ERP) solution by IDC. In the latter’s recent report, titled  “IDC MarketScape: Worldwide SaaS and...

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Swiss-Belhotel bares plan to expand in PHL

GLOBAL hospitality management chain Swiss-Belhotel International (SBI) plans to expand both in the northern and southern parts of the country as it seeks to put up six to eight accommodation facilities...

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CLI profit reaches P702 million in Q1

ALWAYS on track to meet the completion target of its development projects, Cebu Landmasters Inc. (CLI) cited on Wednesday a net income of P702 million in the first quarter (Q1) of 2019, 41 percent...

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Republic Cement helps rebuild Marawi City

Local cement manufacturer Republic Cement is targeting to assist 146 Maranao families displaced by the Marawi siege in rebuilding their homes via a project it is undertaking with the Philippine...

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Analytics software maker seeks more government projects to sustain growth

SAS Institute (Philippines) Inc. bared that it continues to work with the government to sustain its business growth given their ongoing collaborative efforts and discussions on how to further improve...

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Epson to cater to B2B market to help sustain growth this year

BORACAY, Aklan—Epson Philippines Corp. (EPC) plans to cater more to the business-to-business (B2B) market as it seeks to continuously expand by double digits this year. “We posted a 20-percent...

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Cyber-security provider posts 18-percent revenue growth in Q1

NETWORK-security firm Fortinet reported an 18-percent revenue growth to $472.6 million for the first quarter (Q1) of 2019 from $399 million for the same period last year.  Net income stood from $41.6...

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Gartner cites Infor as leader in warehouse-management systems

BUSINESS cloud software provider Infor was cited by Gartner Inc. in the 2019 Magic Quadrant for Warehouse Management Systems because of its ability to execute and completeness of vision.  “We believe...

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CLI expects net income to reach P2.6 billion in 2019

PUBLICLY listed firm Cebu Landmasters Inc. (CLI) said on Tuesday that growth momentum will continue this year as its top honcho pronounced the company targets to achieve a consolidated net income...

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SAP: PHL companies must embrace new digital solutions to ensure growth

LOCAL businesses are assured of their growth in this era of digitization had they keep on adopting emerging technologies designed to surpass client experience, said a top executive of an enterprise...

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Infor keen on logistics, BPOs, public sector in PHL

SINGAPORE—Infor said on Tuesday that it is keen on expanding further its presence in various industries in the Philippines given the country’s constant progress and development, robust movement of...

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Adobomall raises $15-million investment for expansion

HOMEGROWN company Adobomall is raising between $10 million and $15 million to finance its expansion plan next quarter. The digital-commerce firm was reportedly soliciting fresh capitalization from...

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Smart expands retail capacity with Shopee tie-up

SMART Communications Inc. (Smart) is widening its reach and making its services more accessible to millions of customers by partnering with e-commerce platform provider Shopee Philippines Inc....

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