PLDT downplays monopoly of telecom market
The Philippine Long Distance Telephone Co. (PLDT) assured the public that its acquisition of Digitel Telecommunications Philippines Inc. would benefit consumers and the local telecommunications industry in general. The company also downplayed fears that the PLDT-Digitel merger would hinder competition in the local telecommunication industry. PLDT’s Manny Pangilinan said that the PLDT group will officially [...]
April 17, 2011
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Tags: Ayala, business news, Digitel, Globe, merger, monopoly, Philippines, PLDT, price control, telecommunications · Posted in: communications, Corporations, Customer Service, finance, investments, Philippine business news, Philippines
Globe puts up first mobile microfinance bank
Globe Telecommunications, Inc., together with sister company Ayala Corp., is all set to put up the Philippine’s first mobile microfinance banking unit. That is because the Banko Sentral ng Pilipinas approved the Globe and Ayala’s entry into the banking industry. The new bank, will be called “BPI Globe Banko, A Savings Bank” will be using [...]
October 12, 2009
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Tags: Ayala, Banks, BPI, BPI Globe Banko, BSP, Business, business loans, capitalization, entrepreneur, financing, funds sources, Globe, Loans, microfinancing, mobile financing, NGOs, Philippines, SMEs · Posted in: Announcement, banking, Employment, finance, investments, Loans, money, Philippine banks, Philippine business news, Philippines
