Listed Now Corp. is making a big bet in the telco industry as it prepares to compete starting next year with incumbent giants Philippine Long Distance Telephone Co. and Globe Telecom for a slice of the mobile text messaging and broadband businesses, a company executive said Monday.
By Paolo Montecillo
The government should figure out ways to open up restricted industries to foreign investors without changing the Constitution, former Finance Secretary Jose Isidro “Lito” Camacho said at the sidelines of the World Economic Forum (WEF) on East Asia held in Makati this week.
The convenience and great deals found in online shopping have made Paolo Baltao a big fan. It all started with one purchase in 2006-and he hasn’t stopped since then. In fact, he’s an active customer buying something online at least once a month.
By Doris C. Dumlao
Conglomerate Ayala Corp. boosted its first-quarter net profit by 22 percent year on year to P5.5 billion as it generated more earnings from core real estate, telecommunications, water and international businesses alongside a one-time gain from the sale of its interest in a call center unit.
Party-list group Bayan Muna will ask the higher courts to order mobile phone providers to speed up their reimbursement of P7 billion in excess charges slapped on millions of subscribers.