Pampanga businessman could be next dollar billionaire

Pampanga-based businessman Dennis Anthony Uy could become the country’s next dollar billionaire as his broadband company Converge ICT Solutions Inc. moves forward with a $700 million initial public offering (IPO), said to be the largest in the Philippines. The deal will accelerate Converge’s goal to cover millions of households across the country with high-speed fiber […]

Lego pauses social media ad spending

Lego is following in the footsteps of more than 400 companies that have joined the #stophateforprofit campaign. Image: AFP/Mario Laporta Danish toymaker Lego said Wednesday it was halting all paid advertising on social media for a month, joining a growing list of...

BIR, BOC collection up in June, but below targets

Revenue collection by the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) improved in June but their six-month take was still lower year-on-year and below target due largely to the COVID-19 pandemic. Initial Department of Finance (DOF) data released on...