The Board of Investments (BOI) has approved incentives for the P756.24-million tapioca starch project of a South Korean firm in Tagoloan, Misamis Oriental. Daesang Philippines Corp.’s project has an annual capacity of 33,000 metric tons (MT) of tapioca starch and 4,446 MT of tapioca residue as by-product, which is slated…
The Philippine Business Hub (PBH), a single digital platform for business registration in the country, has been relaunched by the Anti-Red Tape Authority (ARTA) in collaboration with other key government agencies. The relaunch of the PBH, formerly known as the Central Business Portal (CBP), was led by the Department of…
In just three days, Philippines-based telecommunications provider PLDT Inc blocked more than 23 million text messages that try to get consumer’s personal data, showing heightened cybersecurity risks in the nation.
Globe Telecom Inc. is raising P32 billion via stock rights offer for the expansion of its mobile and broadband network and to pay its debts. “This marks the first time Globe will do a rights offer in the capital market in over two decades," according to Chief Finance Officer Rizza Maniego-Eala f