Converge ICT Solutions Inc., the Philippines’ largest pure fiber internet provider, is preparing for major strategic moves as it repositions itself from a broadband giant to a full-fledged technology company.

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That jaw-dropping P200 million splurge at Manila Golf last year is starting to make a lot more sense, with share prices now hovering just below that mark.

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GCash has announced new advertising guidelines for its GLife platform, set to take effect on Wednesday, July 16, 2025, aimed at aligning with responsible gambling regulations. The revisions apply to all promotional assets for the third quarter of 2025 and are expected to impact partner merchants’ ongoing campaigns.

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The Department of Finance has floated proposals for additional taxes on online gambling to raise revenues and fund social programs. But Tonet Quiogue, CEO of Arden Consult, cautioned that such moves could end up reducing—not increasing—government collections.

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Davao-based tycoon Dennis A. Uy’s PH Resorts Group Holdings Inc. unveiled plans to wipe out its P503.7-million capital deficit.

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The SEC has warned the public about scammers using deepfake videos and audio of JG Summit CEO Lance Gokongwei to promote fake crypto and forex investments.

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PwC Philippines has been thrust into the spotlight after the Department of Justice accused it of playing a role in the MFT Group’s alleged investment fraud, saying the auditing firm helped validate misleading financial reports that deceived investors.

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The Philippine office leasing sector is surging at a pace not seen since before the offshore gaming boom, anchored by a resilient outsourcing industry.

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In a memorandum dated July 7, 2025, the gambling regulator directed all licensees, suppliers, gaming venue operators, and system administrators to comply with the new directive, covering both static and digital materials.

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