
DigiPlus secures spot in Fortune list of fastest-growing firms
DigiPlus Interactive Corp. (DigiPlus) has secured its spot in the Fortune Southeast Asia 500 list, making it as one of the region's largest and fastest-growing companies by revenue.
The digital entertainment leader moved up more than 259 notches from last year, reflecting sustained growth in its 2024 financial performance.
This also solidified its status as a leading force when it comes to the Philippine gaming and entertainment landscape.
'Being part of Fortune's list is a reflection of the trust we've earned and the impact we deliver,' DigiPlus Chairman Eusebio Tanco said in a press release.
'From building world-class gaming platforms, to pioneering self-exclusion tools, we are shaping a safer, more vibrant digital entertainment industry,' he added.
The ranking marks DigiPlus' second consecutive year on the prestigious list, which names the 500 largest companies in Southeast Asia by revenue.
The sharp climb reflects the company's 'standout 2024 performance,' which was achieved through the help of the ongoing demand for its flagship entertainment platforms BingoPlus, ArenaPlus, and GameZone.
This also showed the firm's successful market expansion and deep commitment to innovation, regulation, and corporate responsibility.
In 2024, the company paid P33.7 billion in taxes and regulatory fees, which funded government programs in public health, education, and infrastructure.
Its platforms also led the way in responsible gaming, with in-app self-exclusion tools that enable players to cap deposits and set gaming time limits.
Meanwhile, DigiPlus is allocating P150 million for social impact initiatives this year through its social development arm, BingoPlus Foundation, for programs in technology education, healthcare, and community resilience. — BAP, GMA Integrated News
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


GMA Network
a day ago
- GMA Network
Anker recalls power banks due to overheating, fire hazard risks
Anker is voluntarily recalling its power bank models (left to right) A1689, A1681, A1647, and A1257 due to a potential lithium-ion battery cell issue, which may lead to fires or burns. Courtesy: Anker Innovations Charging technology company Anker Innovations has announced a global voluntary recall of certain power bank models, including those in the Philippines. In a statement on Saturday, Anker said the move was prompted by the "identification of a potential issue with lithium-ion battery cells sourced from a third-party vendor, which may overheat under certain conditions and pose fire and burn hazards." The company said that while the probability of malfunction is low, it has chosen to recall select power bank models worldwide out of an "abundance of caution and commitment to its customers' safety." With this, Anker said it is closely working with Philippine regulatory authorities including the Department of Trade and Industry (DTI) and the Department of Environment and Natural Resources (DENR) to ensure that the recall of power banks would proceed smoothly and in line with local guidelines. The affected products are the following: Anker Power Bank (10K, 22.5W) Model A1257 Anker Power Bank (20K, 22.5W, Built-In USB-C Cable) – Model A1647 Anker Zolo Power Bank (20K, 30W, Built-In USB-C and Lightning Cable) – Model A1681 Anker Zolo Powerbank (20K, 30W, Built-In USB-C Cable) – Model A1689 Anker gave the following tips to determine if a customer's power bank is part of the recall: Check your model number and verify eligibility using your serial number Perform a visual inspection of your Anker power bank and check either its packaging or the unit itself for the model numbers If it matches one of the following SKUs: A1257, A1647, A1681, A1689, proceed to verify eligibility via using the product's serial number or order number. If you are unsure of the device's model number or if the serial number (SN) on your device is worn out, contact support@ to verify your order number. Anker gave the following advice if a person's unit is confirmed to be part of the product recall: Immediately stop using the device and refrain from charging the unit. Do not dispose of your power bank until you receive confirmation from Anker that your unit qualifies for the recall. Submit a recall claim through the same link above to receive a replacement device or a voucher redeemable via the Anker Official Store on Shopee For filling up the recall claim, be prepared to provide the device's serial number and proof of purchase for those with serial numbers that are worn out). Units confirmed to be part of the recall must still be physically returned to any of the following Anker outlets below: Nifty MOA Anker Power Plant Anker Uptown Anker Vmall Anker SM North EDSA Anker ATC Nifty SM Megamall Anker Eastwood Anker SM Bacoor Anker SM Bicutan Anker SM Lucena Anker SM Baguio Anker SM Sta Rosa Anker SM Clark Anker SM Pampanga Anker SM Laoag Anker SM Cebu Anker Festive Wall Anker SM Bacolod Anker SM Lanang Anker SM CDO Anker KCC Zamboanga "You may also coordinate a free courier return via email: support@ Anker said. "When emailing, please include "Anker Power Bank Recall" in your subject line to ensure a prompt response," it added. The company said the voluntary recall applies only to the specific models listed and that all of its other power banks and products remain safe for use and are not affected by this recall. "Anker remains committed to the highest standards of safety and quality across all its products," it said. — VDV, GMA Integrated News


GMA Network
2 days ago
- GMA Network
PH, US sign technical aid deal for Subic-Clark-Manila-Batangas Railway
The Philippines has tapped the United States for technical assistance in constructing the proposed Subic-Clark-Manila-Batangas (SCMB) Railway project. In a statement on Friday, the US Embassy in Manila said the American government, through the US Trade and Development Agency (USTDA), inked the Beneficiary Agreement for the initiative with the Philippine Department of Transportation (DOTr) in Arlington, Virginia on June 26, 2025. USTDA's technical assistance for the SCMB Railway would involve transport model development, port-rail integration study, and legal and institutional framework analysis, among other areas. The SCMB Railway is meant to link major ports in Luzon and decongest traffic at the Port of Manila. Transportation Secretary Vince Dizon said the freight cargo railway also aims to decentralize Manila Port and provide the additional transport capacity needed at the Batangas Port and Subic Bay. "As a freight cargo railway, the SCMB Railway is seen to solve port traffic and congestion in Manila Port, while ensuring the timely movement of products to and from adjacent major transport hubs," Dizon added. Secretary Frederick Go, Special Assistant to the President for Investment and Economic Affairs, said the railway project would boost the government's plan of linking major economic hubs under the Luzon Economic Corridor. 'We are grateful for the support in advancing this crucial infrastructure project, which will drive economic growth by improving connectivity between major ports and industrial hubs along the Luzon Economic Corridor. Once operational, the SCMB Railway will attract investments, create new opportunities for businesses, and most importantly, generate quality jobs that will benefit millions of Filipinos,' Go said. Thomas Hardy, USTDA's Acting Director, for his part, said the project underscores the US-Philippine alliance's vital role in maintaining a free and open Indo-Pacific region. 'By supporting the development of the SCMB Railway, we are ensuring that key infrastructure will flourish, increasing economic cooperation to develop an essential trading route that will mutually benefit American and Philippine citizens,' said Hardy. —Ted Cordero/ VAL, GMA Integrated News


GMA Network
3 days ago
- GMA Network
PH economic officials slash 2025–2028 growth forecasts
Budget Sec. Amenah Pangandaman (center) speaks during a briefing in Mandaluyong City on Thursday, June 26, 2025. With her are (from left) Finance Asec. Karlo Fermin Adriano, DepDEV Sec. Arsenio Balisacan, Special Assistant to the President for Investment and Economic Affairs Sec. Frederick Go, and Bangko Sentral ng Pilipinas Deputy Governor Zeno Ronald Abenoja. Jon Viktor D. Cabuenas/ GMA Integrated News The Philippine economic team slashed its growth forecasts for this year and the next three years, citing heightened global uncertainties such as the escalation of tensions in the Middle East and the imposition of reciprocal tariffs by the United States. The inter-agency Development Budget Coordination Committee (DBCC) now targets economic growth to average between 5.5% to 6.5% this year, slower than the previous target range of 6.0% to 8.0%. The DBCC also lowered its target range from 2026 to 2028 to 6.0% to 7.0% from the previous range of 6.0% to 7.0%. 'The revisions take into account heightened global uncertainties, such as the unforeseen escalation of tensions in the Middle East and the imposition of U.S. tariffs,' the DBCC said in a joint statement read by chairman and Budget Secretary Amenah Pangandaman in a briefing in Mandaluyong City. 'Despite these headwinds, the DBCC remains vigilant and ready to deploy timely and targeted measures to mitigate their potential impact on the Philippine economy. Moreover, international reserves remain ample providing adequate buffer to help absorb these external shocks,' she added. Tensions between Israel and Iran have escalated in the past week, but the two parties have sent signals that the conflict was over at least for now, as they have agreed to a ceasefire under pressure from US President Donald Trump. The DBCC now expects goods exports to contract 2.0% this year, and goods imports to expand by 3.5%. The United States earlier planned to slap a 17% reciprocal tariff on Philippine goods as part of the 'Liberation Day' policy, which compares with the 34% rate that Manila charges against American goods. This was set to take effect on April 9, but Trump announced a 90-day pause on most countries except China, while countries such as the Philippines could still face a baseline 10% tariff. Sought for the latest updates regarding the trade negotiations with the US, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go said July 9 remains to be the target for negotiations to be finalized. 'We have not heard otherwise. Of course the markets are swirling with different kinds of news from different countries, but for now we continue to negotiate with the U.S. We have submitted some of our suggested negotiation points and the U.S. has also responded, so it's a back and forth,' he said in the same briefing. The DBCC on Thursday also announced new macroeconomic assumptions for the year — inflation to average 2.0% to 3.0%, Dubai crude at $60 to $70 per barrel, the foreign exchange rate at P56:$1 to P57:$1. 'The DBCC remains resolute in advancing a growth-enhancing fiscal consolidation agenda that promotes a resilient, inclusive, and sustainable economy,' it said. — BM, GMA Integrated News