Sunday, September 14, 2025

Corporate Roundup: April 17, 2024

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Converge is fastest Internet provider in PH

Coming off from a quadruple win at Ookla’s Speedtest Awards in February and taking its place as the Fastest Internet Provider in the Philippines, Converge ICT Solutions Inc. shares the secret to how this feat came together: design a resilient, scalable, and future-ready network then let it work for the people. 

Top Converge executives, media, and the CEO of Ookla gathered in a thanksgiving and ceremonial hand-over of the awards, underlining the merit of network excellence and readiness of Converge that led to its multiple triumphs. 

From the discussion, it emerged that the winning formula for the victory was a combination of foresight, technology expertise, innovation, and the good ol’ daring ‘first-mover’ spirit.

“We’ve designed the network from day one not only to deliver the experience you have today but to be able sustain it over time. Some of the metrics that Ookla mentioned that we did particularly well in were latency, jitter, and packet loss. We have one of the lowest latency networks in the country today, and that’s only possible since we designed it that way from the start. We always bought the latest and the greatest technology,” said SEVP and chief operations officer Jesus Romero, expounding on Converge being the first provider to deploy 400G then 800G data transmission capacity on its metro backbone, boosting the fiber network’s capacity to push huge amounts of data throughout the length of the cable, in anticipation of the use of next-generation, hyperscale capacity applications.

This commitment to invest in the latest network technology is also key for preparing for the next slate of technologies that are now on the horizon including the AI and the metaverse.

“The technology we built is GPON (gigabit ethernet passive optical network) to the home. This means it’s fiber all the way to the home and there are no active components in the network. So that means when a particular technology comes, you will only need a software tweak,” explained Converge CEO and co-founder Dennis Anthony Uy during the event. 

“This is how fast we can evolve because the  time will come when there will be applications demanding bigger bandwidth like AI and VR, and all of this amazing tech that will come into our lives. This is in preparation for that,” he added. 

Startups take the global stage

The Arise Plus Philippines Young Entrepreneurs (YE)! Boost Accelerator Program, funded by the European Union and led by the International Trade Centre, in partnership with the Department of Trade and Industry – Competitiveness Innovation Group (DTI-CIG) and QBO Innovation Hub, has just launched its 3rd Cohort. Twelve Filipino youth-led startups were unveiled during the kickoff event, marking the beginning of a transformative journey as they go on a 14-week training program designed to bring their business towards international success.

The 12  participating startups will gain access to comprehensive training, mentorship sessions, and networking opportunities. These initiatives aim to prepare them to meet the challenges of the global market, positioning them for sustainable business growth and investor readiness in the global market. 

The 12 handpicked startups participating in the Arise Plus Ye! Boost Accelerator Program Cohort 3 represents a diverse range of industries–from technology, sustainability, to healthcare, and beyond: BCRemit, PAMMí‰, Mylo Speech Buddy, Hibla Philippines, Nama Urban Farms, Capilli, REPAMANA, Nutricoach Inc., Reelist8, Prezenter, TERPCAP Inc. and IndieCo:

Scaling wealth

UnionBank Wealth Management empowers individuals to unlock prosperity through solutions offered only by the best in the industry. 

For those at the beginning of their wealth journey, UnionBank Access is the perfect service. Customers in the Access program:get VIP treatment with priority queueing at UnionBank Wealth Branches, get preferential foreign exchange rates (for travel or investment purposes), have exclusive time-deposit rates, enjoy free ATM withdrawals with higher transaction limits (in country and abroad), can enjoy cross-border fund transfers via UnionBank Online, and can link multiple deposit accounts to their UnionBank Access debit card.

UnionBank Elite customers, on the other hand, enjoy the service of a team of wealth experts providing holistic support comprised of: a Service Banker, Wealth Acquisition Officer, Investment Specialist, and Insurance Specialist to provide insights and guidance that will help keep them on track to meet their financial goals. UnionBank Wealth Elite customers are able to access Global Investment products without opening off-shore accounts, have free international ATM withdrawals, and cantransfer cross-border funds to any account in the world with no outgoing fees.

Haier Ph  launches split type inverter UV Cool Connect Pro

Haier Philippines launched its innovative Split Type Deluxe Inverter series, the UV Cool Connect Pro.

This new air conditioner series is available in four capacities: 1.0HP, 1.5HP, 2.0HP, and 2.5HP. 

Designed to provide unparalleled comfort, efficiency, and health benefits, underscoring Haier’s commitment to innovation, sustainability, and consumer satisfaction.

The UV Cool Connect Pro features Smart Control, allowing users to manage their air conditioners via Wi-Fi from any location, offering convenience and flexibility. It incorporates UVC Sterilization, with pre-installed UV lights in each unit to kill viruses present in the air, ensuring the output of fresh, clean, and safe air for breathing 

The series leverages DC Inverter Technology, offering up to 63 percent energy savings compared to non-inverter units, which are both cost-effective and environmentally friendly. The series is equipped with Self-Clean Technology, an automatic cleaning process that sterilizes the unit’s interior with a 99.9% efficiency rate. It removes dirt accumulation in the indoor unit that prevents malfunctions.

The Hyper PCB feature introduces a robust and durable circuit board design that is resistant to corrosion, moisture, and insects. Moreover, the use of Eco-friendly R32 Refrigerant utilizes the latest in refrigerant technology, which is more efficient and has a lower environmental impact.

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