UBP Net Income up 9% to P12.6 Bn

UnionBank posted a net income of Php12.6 billion in 2021, 9% higher than in 2020. Earnings performance translated to above-industry return on equity of 12.0%. Net revenues were at an all-time high of Php45.1 billion, up 7% year-on-year (YoY). Net…

GlobalData: Philippines an ideal hyperscaler hub

Hyperscalers looking for geographic expansion should consider the Philippines for its strong legacy in the business process outsourcing (BPO) industry, future of work programs, and hyperscale roadmap—a study conducted by data analytics and consulting company GlobalData showed. According to the…

Enterprise metaverse: Employees are ready, can organizations deliver?

Research commissioned by Lenovo reveals close to half of employees are willing to embrace a metaverse workplace, presenting an opportunity for businesses to usher in the future of work Lenovo’s Everything-as-a-Service offerings include immersive virtual reality and augment reality solutions…