The extent of this pandemic and its harrowing impact might have been underestimated when it first hit the country. Most of us likely thought that it won’t be a big deal and we’ll just continue on with our weekend dinners and vacation plans. At Globe, we made the right decision not to take it lightly—we…
AC Energy Corp. (Acen) is boosting its solar energy portfolio by at least 863 megawatts, cuing funds to pursue its own projects while entering into a new partnership to develop other sites. The Ayala group’s power generation unit said its executive committee has approved an expenditure kitty related to a proposed 288-MW new solar project…
Industry giant PLDT Inc. is investing $80 million (P3.9 billion) in a new Asia Pacific subsea cable project aimed at boosting internet capacity and speeds. PLDT announced on Monday it joined technology giants such as Facebook and Google in the 12,000-kilometer submarine cable system called Apricot. Set to be fully operational in 2024, Apricot will…
Digital banking is transforming the traditional financial landscape. There are now 249 digital challenger banking players globally, comprised of dynamic digital upstarts and transitioning legacy operators. The Philippines offers an attractive opportunity for this expanding market. The release of the Digital Banking Guidelines in April this year, swiftly followed by agreed licenses for Overseas Filipino…
More corporations across Asia-Pacific are embracing the environmental, social and governance (ESG) agenda, showing that sustainability is gaining traction in the midst of the COVID-19 pandemic, based on a new report from global banking giant Citi. According to a survey conducted by Citi, stated they already have ESG policies and practices integrated in their corporate…
Meeting the love of your life at a party seems like a thing of the past with online dating experiencing a major boom—not in the least thanks to the pandemic. Tinder reached a record three billion swipes in a single day in March 2020, while OkCupid experienced a massive 700-percent increase in dates from March…
With the sudden heavy dependence on online transactions as a result of quarantine restrictions to contain the spread of COVID-19, trust has become an even more important value for both consumers and businesses. Consumers had to trust businesses online with their valuable personal information, for example, while companies had to trust their employees to really…
Open Finance and payments platform i2i has been providing financial services to micro-business owners like Mang Efren, a vegetable stall owner in Cebu. Mang Efren was able to pick up his approved loan proceeds conveniently from the nearest partner remittance center through i2i, currently the fastest-growing Open Finance and payments platform in the country. UBX…
For millions of Filipinos working hard on foreign soil in order to provide for their families back home, remittance centers have served as their reliable partners in securing their loved ones’ futures. With fintech solutions becoming more mainstream, traditional remittance centers now need to keep up with changing times—a need that Pera Hub aims to…