THE PESO weakened on Monday due to safe-haven demand for the dollar ahead of the US Federal Reserve’s policy review this week. The peso closed at P50.24 per dollar on Monday, shedding 29 centavos from its P49.95 finish on Friday, based on data from the Bankers Association of the Philippines. This was the peso’s weakest […]
Tag: data
ST Telemedia Global Data Centres, Equinix, Oracle, Digital Realty and Cohesity to lead Datacentre and Cloud Summit 2021
With the congregation of the leading thought leaders from Southeast Asia, DCCI 2021: ASEAN will cover every aspect of the region’s Datacentre & Cloud industry. Singapore, Sept 14, 2021 – (ACN Newswire) – With Southeast Asia becoming the global hotbed for Datacentres and Cloud Infrastructure, along with the region witnessing the emergence of the ASEAN Digital Masterplan 2025, over […]
Peso to rise ahead of BSP meet
THE PESO may appreciate versus the greenback this week as the market widely expects the central bank to keep rates low to support the economy. The local unit finished trading at P49.95 per dollar on Friday, gaining two centavos from its P49.97 close on Thursday, data from the Bankers Association of the Philippines showed. However, […]
AppSealing Introduces Data Encryption Solution for Android Apps
LOS ANGELES, CA., Sep 16, 2021 – (ACN Newswire via SEAPRWire.com) – AppSealing, a leading mobile application security solution provider and a service of INKA ENTWORKS, announced the launch of its data encryption solution for Android applications. With this solution, companies can protect a slew of sensitive data like authentication tokens, unique identifiers, and passwords […]
Peso declines on rising cases, inflation bets
THE PESO retreated versus the dollar on Monday due to rising coronavirus infections ahead of the release of August inflation data. The local unit closed at P49.925 per dollar on Monday, weakening by 8.5 centavos from its P49.84 finish on Friday, based on data from the Bankers Association of the Philippines. The peso opened Monday’s […]
Customer data is key to business growth – Ogilvy executives
By Arjay L. Balinbin, Senior Reporter DEEPER understanding of customer behavior, purposive use of customer data, and creative technology solutions are the keys to growing businesses today, experts said. “Everyone’s starting to go into digital now with apps, sites, tech, chat bots, e-commerce, but the bigger challenge is how to stand out, be noticed, and […]
Peso drops vs dollar on weak PMI
THE PESO weakened versus the greenback on Wednesday following the release of data showing weak manufacturing activity and the country’s rising debt stock. The local unit closed at P50.07 per dollar yesterday, shedding 31 centavos from its P49.76 finish on Tuesday, data from the Bankers Association of the Philippines showed. The peso opened Wednesday’s session […]
Leading cloud companies could invest in PHL this year
TWO MAJOR cloud-computing investors could enter the Philippines by the end of 2021, the Board of Investments (BoI) said. BoI Managing Head Ceferino S. Rodolfo said investors from China and the United States have expressed interest in the Philippines. The potential investors are from the so-called hyperscaler segment of the industry — large global companies […]
Peso climbs versus dollar
THE PESO strengthened versus the greenback on Tuesday on the back of an expected slowdown in economic activity following the extension of strict restriction measures in Metro Manila and the dovish tone of the US Federal Reserve during last week’s Jackson Hole symposium. The local unit closed at P49.76 per dollar, gaining 19.5 centavos from […]
Colt adds seven Mainland China Exchanges to its Market Data Services Portfolio
TOKYO, Aug 31, 2021 – (ACN Newswire via SEAPRWire.com) – Colt Technology Services today announced the expansion of its portfolio of Market Data services to incorporate Mainland China. This new and unique proposition, available in Europe, North America and Asia, make Colt the only comprehensive provider of market data coverage for stock, futures and commodity […]
NPC bans four lending apps over privacy violations
THE NATIONAL Privacy Commission (NPC) has ordered the immediate takedown of four online lending apps that have been the subject of complaints for alleged unauthorized use of personal data. Borrowers have complained that online lending apps JuanHand, Pesopop, CashJeep, and Lemon Loan have been using users’ personal data to shame and harass them to collect […]
Princeton Digital Group Announces a $150 Million New Data Center in Indonesia
JAKARTA, Aug 25, 2021 – (ACN Newswire via SEAPRWire.com) – Singapore-based Princeton Digital Group (PDG), Asia’s leading data center provider, today announced plans for a greenfield development in Jakarta, Indonesia, as part of PDG’s plan to expand its footprint to serve its customers’ needs in the booming Indonesian digital economy. With 19 data centers across […]
Peso inches up ahead of Q2 GDP data
THE PESO inched up versus the greenback on Monday following data showing a softer economic contraction in the first quarter, which came ahead of the release of the second quarter gross domestic product (GDP) report. The local unit closed at P50.385 per dollar, gaining 1.5 centavos from its P50.40 finish on Friday, based on data […]
The 26th edition of World AI Show shed light on the need to accelerating the adoption of AI in Malaysia
MALAYSIA, Aug 4, 2021 – (ACN Newswire via SEAPRWire.com) – Malaysia played host to the most content-rich virtual conference on Artificial Intelligence and related future-tech on Friday, 23 July 2021. Hosted by Trescon, World AI Show convened over 300 online participants that included major stakeholders of Malaysia’s AI ecosystem including government authorities, top AI experts […]
ClinTex (CTi) Launches CTi-OEM Blockchain Clinical Trial App
LONDON, Aug 3, 2021 – (ACN Newswire via SEAPRWire.com) – The ClinTex (CTi) tokenized platform (clintex.io) will be the first of its kind to utilize blockchain-based clinical data analytics to address the main causes of clinical trial inefficiency, helping to drive down the cost of new medicines and expediting their delivery to patients. ClinTex (CTi) […]
SCCG Management and Data Sports Group Partner to Deliver Sports Content and Analytics to the Media Industry
LAS VEGAS, NV, Aug 2, 2021 – (ACN Newswire via SEAPRWire.com) – Stephen Crystal, Founder of SCCG Management, announced the completion of an agreement with Sowbhagya Shetty, CEO of Berlin, Germany based Data Sports Group (DSG), for a strategic consulting and business development in the US media markets. DSG provides highly accurate and consistent data […]
Peso climbs vs dollar ahead of CPI
THE PESO strengthened against the greenback on Monday on the back of market expectations of slower July inflation and gains in the stock market. The local unit closed at P49.90 per dollar yesterday, gaining seven centavos from its P49.97 finish on Friday, based on data from the Bankers Association of the Philippines. The peso started […]
Peso to weaken on fears over rising cases of Delta variant
THE PESO could drop on concerns over rising cases of the Delta variant. — BW FILE PHOTO THE PESO may weaken against the dollar this week due to continued worries over the Delta variant of the coronavirus disease 2019 (COVID-19), but sentiment could improve on expectations of slower July inflation as well as positive manufacturing […]
BSP sees need for new credit norms to evaluate gig workers
FINANCIAL INSTITUTIONS should consider alternative data beyond the usual credit scoring techniques following the rise in the number of gig-economy workers, a central bank official said. “We’re seeing a trend of more and more millennials not going into the employed sector, but choosing, in fact, not even choosing, maybe by circumstance, they are forced to […]
Peso weakens vs dollar on budget balance, BoP data
THE PESO weakened further on Tuesday following the release of reports showing the country recorded budget and balance of payments deficits in the first half. — BW FILE PHOTO THE PESO retreated versus the greenback on Tuesday due to data showing below-target government spending and a balance of payments (BoP) deficit in the first half. […]