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Gcash disburses P40B in loans

GCash said it continues to work on making financial services accessible, affordable, and easy to understand by the masses by disrupting traditional banking. In a statement, the popular mobile wallet app said it has disbursed more than P40 billion worth of loans as it expanded to more relevant lending products like GLoan and GGives.

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Globe At Home introduces GFiber technology

As we move in sync with the demands of a hyper-connected world, the role of home internet connection has become more relevant than ever. That's why the game's name no longer stops at speed. Still, it extends to making homes greater with life essentials and unparalleled customer service, allowing each family member to thrive and succeed in this fast-evolving digital age....

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Cebu takes the spotlight in Japan's travel expo

According to the latest information from the DOT, the Philippine pavilion promotes the rich culture, adventure, and culinary attractions of the nation in line with the TEJ's themes for commerce, Taking on the New Era Restart, and for the general public, Hello New Journey.

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PLDT, Smart caution customers against cybercriminals

PLDT and its wireless arm Smart Communications on Sunday advised their customers to practice caution in accessing sites so as not to fall prey to cybercriminals.

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LandBank affirms commitment to Cebu cooperative

Several top officials from the Land Bank of the Philippines LANDBANK) visited the Cebu CFI Community Cooperative (Cebu CFI) to reassure the Banks continued support for the lending cooperative and its members.

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Business sentiment less optimistic in Q3

Business were less upbeat in the third quarter amid high inflation, the Bangko Sentral ng Pilipinas reported. Results of a BSP survey of companies showed business sentiment weakened in July-September period as the overall confidence index (CI) declined to 26.1 percent from 35.4 percent in the second quarter.

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PH peso weakens to new all-time low of P58.50 vs

The Philippine peso fell to a new record low for the fourth straight day on Friday, closing at P58.50 against the US dollar. The US dollar rose after the US Federal Reserve announced another 75-basis-point rate hike to combat inflation. The Bangko Sentral ng Pilipinas also raised the country's interest rate on Thursday by 50 bps to 4.25 percent. #in60words...

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DITO passes 3rd technical audit

DITO Telecommunity said it passed another state-mandated technical audit examining the companys progress in fulfilling its commitments. According to a statement, the National Telecommunications Commission has just furnished DITO with a notice that it passed the independent auditors Conduct of Specified Procedures Year 3 Committed Level of Service (CLoS)....

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Largest domestic submarine fiber reaches Siargao

THE Philippines longest domestic submarine fiber cable project has landed on the shores of Siargao, with the aim of delivering faster and reliable connectivity on the island as it paces through recovery in the wake of Typhoon Odette and the prolonged pandemic.

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Former FVR officials files petition vs Udenna

Former Executive Secretary Ruben Torres filed a petition before the Supreme Court, which calls to annul the sale and transfer of shares in Malampaya Project in Palawan province made in 2019 and 2020 by Chevron Philippines, Ltd. in favor of UC Malampaya Philippines Pte Ltd., a wholly-owned subsidiary company of Udenna Corporation whose majority stockholder is Dennis Uy. #In60words...

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FNIs affiliate makes first shipment of nickel ore to China

Global Ferronickel Holdings, Inc.s (FNI) affiliate Ipilan Nickel Corporation has successfully completed its maiden shipment of ore to Guangdong Century Tsingshan Nickel Industry Co., Ltd in China.

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Central Visayas will host the Italian Chamber of Commerce's business

This week, the second Central Visayas Business Conference will take place as part of the Italian Chamber of Commerce in the Philippines Inc. (ICCPIregional )'s business conference series. The business conference, scheduled for Thursday, September 22, 2022, intends to highlight investment prospects, learn from local companies, and examine trends. #In60words...

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Australian energy giant dumps major fracking project

One of Australia's top energy producers said on Monday it would sell its stake in a major fracking project that has come under criticism from environmental and Indigenous groups.

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Real estate sector prepares for post-pandemic boom

Players in the real estate business are gearing up for the anticipated growth in the sector due to the restored trust of real estate buyers, whether for personal use or investment purposes, not just in Cebu but throughout the country.

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House official lauds decision to keep work-from-home for BPOs

A House leader has lauded the decision of the Finance department to allow business process outsourcing (BPOs) companies to keep their work-from-home arrangements and benefit from tax incentives if they register with the Board of Investments.

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