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Yet he is still CEO and Chairman of the company.
Billionaire businessman Dennis Uy has resigned as president of Dito CME Holdings Corp., the media arm of Uy’s Udenna Corp. Despite stepping down as president of the company, Uy remains on the board as Chairman and CEO.He has been replaced by Ernesto ...
 
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In college, your course doesn't necessarily indicate the industry you'll find yourself in after graduation.
In college, your course doesn't necessarily indicate the industry you'll find yourself in after graduation. While our majors may influence the career path we hope to take in the future, they also don't limit us when it comes to choosing prospective jobs, even ...
 
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The founder of Megaworld downloaded the Smule app himself.
Alliance Global chairman Andrew Tan loves to sing and is always happy to oblige with a song or two when at a public gathering.Quarantined at home these past few months, the billionaire founder of Megaworld recently downloaded Smule, an online version of ...
 
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'The cat is out of the bag.'
CEOs, current and former, of the country’s leading tech companies are teaming up to combat COVID-19 with a state-of-the-art contact tracing app that will utilize Google and Apple’s exclusive exposure notification system (Google/iOS EN API).Top story: The Story of Silahis/Grand Boulevard HotelPhilippine Seven ...
 
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TikTok says it has 100 million U.S. users and hundreds of millions globally.
U.S. President Donald Trump has ordered a sweeping but unspecified ban on dealings with the Chinese owners of consumer apps TikTok and WeChat, although it remains unclear if he has the legal authority to actually ban the apps from the U.S.Top Story: Who ...
 
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He was 45.
Christopher Bauer, a former business partner and employee of German company Wirecard, has reportedly died in the Philippines at the age of 45.Top story: Why Andrew Carnegie Offered To Buy The Philippines’ Freedom For $20 MillionHis date of death, based on his widow’s ...
 
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This officially puts the country in a recession.
The Philippine economy is being pummeled by the COVID-19 pandemic. The Philippine Statistics Authority reports that the Q2 2020 gross domestic product (GDP) growth rate of the country declined by a whopping 16.5 percent, the lowest rate ever recorded since at least ...
 
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Pre-quarantine, InstaPay and PESONet fees ranged from P15 to P50.
The ongoing quarantine forced most of us to shift to online banking and e-payment transactions, whether settling bills via mobile apps or paying small businesses through interbank transfers. It was a huge help when banks waived fees for PESONet and InstaPay transactions ...
 
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It looks like the work-from-home setup is going to be here for a while.
Suck at money? Congrats. You’re part of the 99 percent of people in their 20s floundering when it comes to finance. Adulting is hard, and money is harder—especially when it’s your own and not your parents. My Two Cents is here to ...
 
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From a pool of 600 applicants, only 15 startups made the cut.
Two Philippine startups are among the lucky 15 to join the first batch of the Google for Startups Accelerator Program in Southeast Asia. The inaugural class will take part in Google’s three-month online program that aims to support the growing tech scene in ...
 
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Lithium from the mine is used to make batteries for Tesla's electric cars.
A botanist hired by a company planning to mine one of the most promising deposits of lithium in the world believes a rare desert wildflower at the Nevada site should be protected under the Endangered Species Act, a move that could jeopardize ...
 
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Prior to BPI, the Ayala scion worked at Ayala Land.
The third generation of Ayalas is stepping up. Mariana Beatriz Zobel de Ayala, eldest child of Jaime Augusto Zobel de Ayala and Elizabeth Eder, has taken her seat as Vice President of the Bank of the Philippine Islands, the banking arm of ...
 
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Son Ye-jin channels her inner badass.
Smart just took on another priceless investment, this time in Crash Landing on You’s leading lady Son Ye-jin, who is now its newest ambassador. The actress follows the footsteps of her on-screen partner Hyun Bin, everyone’s streaming husband.Top Story: 10 Common English Phrases That Confuse ...
 
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That's far more than the businesses registered from January to March.
Quarantine may have caused a number of businesses to close, but it’s also pushed the door wide open to e-commerce and online services. According to a report by Inquirer.net, the Department of Trade and Industry registered over 60,000 business names under their ...
 
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Microsoft confirms talks seeking to buy U.S. arm of TikTok
Microsoft confirmed it is in talks with Chinese company ByteDance to acquire the U.S. arm of its popular video app TikTok.It says it has discussed with U.S. President Donald Trump his concerns about security and censorship surrounding such an acquisition.In a statement, ...
 
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Even we have to admit that not everyone has the time to read.
Suck at money? Congrats. You’re part of the 99 percent of people in their 20s floundering when it comes to finance. Adulting is hard, and money is harder—especially when it’s your own and not your parents. My Two Cents is here to ...
 
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San Miguel Corporation will plant a total of 190,000 mangroves in 76 hectares of shoreline.
Despite the ongoing pandemic, San Miguel Corporation (SMC) is not missing a beat in implementing various corporate social responsibility projects. In its latest project, SMC began planting 25,000 mangroves in the coastal area of Hagonoy, Bulacan in an effort to stop coastal ...
 
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Sad news, online shoppers.
Don’t check out that cart just yet.The House committee on ways and means has approved a bill that will impose value-added tax (VAT) on digital transactions, thereby amending the National Internal Revenue Code of 1997.Top Story: Celebrities Who Were Rich Even Before They ...
 
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Dito CME is headed by former ABS-CBN executive Donald Lim
The media unit of billionaire Dennis Uy’s business empire, Dito Communications Media Entertainment (CME) Holdings Corp. has announced its plans to widen its investments and partnerships with “creative organizations and thought leaders to develop and distribute entertainment, sports, and educational programs for various ...
 
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In his SONA, Duterte threatened to shut down Dito's competitors Globe and Smart if they didn't improve service.
Dito Telecommunity, the telco company of Davao-based tycoon Dennis Uy, is “on track” to roll out by March 2021.The telco released a statement in response to President Rodrigo Duterte’s strong words regarding telcos Smart and Globe during last night’s State of the ...
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