Company Overview and News

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Now H1 income more than doubles to P5.82M

2018-08-17 business.inquirer.net
Listed NOW Corp. said earnings jumped higher in the first half of the year, as revenues for IT services and broadband internet went up.
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Duterte’s Israel visit to tackle tech partnerships

2018-08-16 bworldonline
DAVAO CITY — Israeli Ambassador to the Philippines Effie Ben Matityau said technology partnerships are expected to be signed during President Rodrigo R. Duterte’s visit to Israel in September.
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Stocks end four-day slide on local buying

2018-08-15 business.inquirer.net
The local stock barometer firmed up slightly on Wednesday, halting a four-day decline, as domestic investors made up for the slack in foreign appetite.
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Ayala Corp. earnings jump by 3% in Q2

2018-08-13 bworldonline
AYALA CORP. (AC) delivered a three percent profit increase in the second quarter of 2018, as the robust performance of its property and energy units offset a drop in earnings from its banking business.
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Ayala Corp. nets P16.1B

2018-08-13 business.inquirer.net
The country’s oldest conglomerate Ayala Corp. grew its net profit in the first semester by 7 percent year-on-year to P16.1 billion driven mostly by its real estate, telecommunications, and power businesses.
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FinTech group supports Philippine ID system

2018-08-12 bworldonline
A NATIONAL IDENTIFICATION (ID) system would allow more Filipinos to access financial services, according to FintechAlliance.PH Chairman Angelito “Lito” M. Villanueva.
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Converge unveils fiber optic rollout plan

2018-08-08 business.inquirer.net
Converge ICT Solutions Inc. unveiled on Wednesday an aggressive fiber optic rollout plan that will see its Luzon-based broadband service establish a nationwide presence in under five years.
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Globe 6-mo profit jumps by 29%

2018-08-08 business.inquirer.net
Globe Telecom saw profits surge in the first half of 2018 as revenue—led by mobile data usage—continued to grow.
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PH shares rally back to 7,800

2018-08-08 business.inquirer.net
The local stock barometer rallied to the 7,800 level on Wednesday as investors took their cue from upbeat US and regional markets and the latest stream of local corporate earnings.
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DICT issues revised third player draft; bidding expected by October

2018-08-08 bworldonline
THE Department of Information and Communications Technology (DICT) released a new draft memorandum circular (MC) outlining the selection terms for the third entrant in the telecommunications industry, which tightened some track-record requirements for prospective bidders while loosening some financial criteria.
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DICT tightens technical requirements as PH searches for 3rd telco player

2018-08-08 business.inquirer.net
The Department of Information and Communications Technology (DICT) tightened a key technical requirement as it eased certain financial burdens in the selection rules for a new major telco player.
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Amdocs Ltd. (DOX) CEO Eli Gelman on Q3 2018 Results - Earnings Call Transcript

2018-08-01 seekingalpha
Good day, ladies and gentlemen, and welcome to the Q3 2018 Amdocs Earnings Conference Call. At this time, all participants are in a listen-only mode. Following management's prepared remarks, we will host a question-and-answer session and our instructions will be given at that time. [Operator Instructions] As a reminder, this conference call is being recorded for replay purposes.
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Globe offers payments via GCash at Wendy’s stores

2018-07-31 bworldonline
GLOBE TELECOM, Inc. has launched a partnership with Wendy’s Philippines to allow its customers to use a QR-based mobile payment technology at its restaurants.
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Rally loses steam on profit taking; Fed watched

2018-07-31 bworldonline
SHARES snapped their five-day winning streak on Tuesday after investors resorted to profit taking ahead of the United States Federal Reserve’s meeting this week, even as those overseas remained predominantly buyers.
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Stocks close lower on profit taking

2018-07-31 bworldonline
Local shares snapped their five-day winning streak on Tuesday, July 31, after investors resorted to profit taking ahead of the United States’ Federal Reserve’s meeting this week.
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CUSIP: 379549108