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Dennis Uy
Dennis Ang Uy (; born September 26, 1973) is a Filipino businessman and diplomat. Uy is the founder of Udenna Corporation, which has stakes in various businesses including Phoenix Petroleum. Early life and education Dennis Ang Uy was born and raised in Davao City to an ethnic Chinese family based in Davao, which is part of the Uys' third generation. Uy's grandparents, Ega Uy and Tao Sui Eng were ethnic Chinese who settled in Davao as merchants. They had a store which sold fishing equipment and bread while his parents ran a small business which sold copra. He is the eldest among siblings. According to his own account, Dennis played basketball as a childhood hobby while at the same time sold school supplies and basketball cards to his classmates. In 1993, Uy studied in De La Salle University in Manila to pursue a Bachelor of Science in Business Management degree and started to trade in the stock market. Since he had an average academic performance by his own account he decided ...
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Huang (surname)
Huang (; ) is a Chinese surname that originally means and refers to jade people were wearing and decorating in ancient times. While ''Huáng'' is the pinyin romanization of the word, it may also be romanized as Hwang, Wong, Waan, Wan, Waon, Hwong, Vong, Hung, Hong, Bong, Eng, Ng, Uy, Wee, Oi, Oei, Oey, Ooi, Ong, or Ung due to pronunciations of the word in different dialects and languages. It is the 96th name on the '' Hundred Family Surnames'' poem.K. S. Tom. 989(1989). Echoes from Old China: Life, Legends and Lore of the Middle Kingdom. University of Hawaii Press. . This surname is known as Hwang in Korean. In Vietnamese, the name is known as Hoàng or Huỳnh. Huang is the 7th most common surname in China. Huynh is the 5th most common surname in Vietnam. The population of Huangs in China and Taiwan was estimated at more than 35 million in 2020; it was also the surname of more than 2 million overseas Chinese, 5.7 million Vietnamese (6%), and an estimated 1 million Kore ...
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Cebu
Cebu (; ceb, Sugbo), officially the Province of Cebu ( ceb, Lalawigan sa Sugbo; tl, Lalawigan ng Cebu; hil, Kapuroan sang Sugbo), is a province of the Philippines located in the Central Visayas region, and consists of a main island and 167 surrounding islands and islets. Its capital and largest city is Cebu City, nicknamed "the Queen City of the South", the oldest city and first capital of the Philippines, which is politically independent from the provincial government. The Cebu Metropolitan Area or Metro Cebu is the second largest metropolitan area in the Philippines (after Metro Manila) with Cebu City as the main center of commerce, trade, education and industry in the Visayas. Being one of the most developed provinces in the Philippines, in a decade it has transformed into a global hub for business processing services, tourism, shipping, furniture-making, and heavy industry. Mactan–Cebu International Airport, located on Mactan Island, is the second busiest ...
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United States Dollar
The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include '' Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is St ...
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Globe Telecom
Globe Telecom, Inc., commonly shortened as Globe, is a major provider of telecommunications services in the Philippines. The company operates the largest mobile network in the Philippines and one of the largest fixed-line and broadband networks. As of March 2022, Globe's total mobile subscriber base reached 87.4 million. It is also the country's largest telecommunications company in terms of market capitalization. The company's principal shareholders are Ayala Corporation and Singapore Telecommunications, Singtel. It is listed on the Philippine Stock Exchange under the ticker symbol GLO and had a market capitalization of ₱363 billion as of the end of August 2021. Globe offers commercial wireless services through its 2G, 3G, 3.5G HSPA+, 4G LTE (telecommunication), LTE, and LTE Advanced, LTE-A networks, with 5G currently being deployed in key areas in the Philippines. It5G coverageis available in over 2,000 locations all over the country and about 96% of the National Capital Re ...
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PLDT
PLDT, Inc., formerly known as the Philippine Long Distance Telephone Company ( fil, Kompanya ng Teleponong Pangmalayuan ng Pilipinas), is a Philippine telecommunications, internet and digital service holdings company. It is one of the country's major telecommunications providers, along with Globe Telecom and startup Dito Telecommunity. Founded in 1928, it is the oldest and largest telecommunications company in the Philippines, in terms of assets and revenues. The company's core businesses are fixed-line telecommunications, mobile telephony services, broadband, and internet of things services under various brands. It also has investments in broadcasting, print media, utilities, and direct-to-home satellite services, among others. As of 2019, PLDT is listed in the Philippine Stock Exchange and New York Stock Exchange (the only Philippine company to be listed in NYSE) and is being controlled by First Pacific, a Hong Kong-based investment management company; Nippon Telegraph and ...
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Telecommunications Provider
A telephone company, also known as a telco, telephone service provider, or telecommunications operator, is a kind of communications service provider (CSP), more precisely a telecommunications service provider (TSP), that provides telecommunications services such as telephony and data communications access. Many telephone companies were at one time government agencies or privately owned but state-regulated monopolies. The government agencies are often referred to, primarily in Europe, as PTTs (postal, telegraph and telephone services). Telephone companies are common carriers, and in the United States are also called local exchange carriers. With the advent of mobile telephony, telephone companies now include wireless carriers, or mobile network operators. Most telephone companies now also function as internet service providers (ISPs), and the distinction between a telephone company and an ISP may disappear completely over time, as the current trend for supplier convergence in t ...
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2018 Philippine Third Telecommunications Provider Bidding
A bidding was held in November 2018 to determine the prospective third major telecommunications service provider in the Philippines which is meant by the Philippine government to compete with the existing duopoly of PLDT, Inc.–Smart Communications and Globe Telecom. The winning firm or consortium was granted a certificate of public convenience and necessity and six radio frequency bands by the Philippine government which would help establish a third major player in the Philippine telecommunications industry. The Mislatel consortium led by Udenna Corporation and China Telecom was named the provisional winner of the bid on November 7, 2018. Background The Philippines' telecommunication industry is dominated by the duopoly of PLDT, Inc.–Smart Communications and Globe Telecom. The situation has been cited by critics of the duopoly as the reason for the country's poor internet infrastructure and the country has consistently ranked at the bottom-tier among countries in terms ...
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China Telecom
China Telecom Corp., Ltd. is a Chinese telecommunications company. It is one of the red chip listed companies of state-owned China Telecommunications Corporation. Its H shares have been traded on the Stock Exchange of Hong Kong since 15 November 2002. It is a constituent of the Hang Seng China Enterprises Index, the index for the H shares of state-controlled listed companies. The company was also listed on the New York Stock Exchange until January 2021. China Telecom is the second-largest wireless carrier in China, with 362.49 million subscribers as of June 2021. China Telecom was a brand of China Telecommunications Corporation, but after the market liberalization of China, the state-owned enterprise spun off the brand and operated it as a separate company, floating it on the Hong Kong Stock Exchange. History China Telecom Corp., Ltd. was incorporated on 10 September 2002 as a limited company in order to float some of the assets of the group on the stock exchange, specific ...
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Dito Telecommunity
Dito Telecommunity Corporation (stylized as DITO), formerly known as Mindanao Islamic Telephone Company, Inc. or Mislatel is a telecommunications company in the Philippines which is also engaged in the business of multimedia and information technology. It is a consortium of Davao businessman Dennis Uy's Udenna Corporation (through its subsidiary Dito CME Holdings Corporation), and Chinese state-owned China Telecommunications Corporation, a parent company of China Telecom. The consortium is known as the sole winner of the government-sanctioned bidding that would allow the consortium to become the third major telecommunications provider in the Philippines challenging the duopoly of PLDT and Globe Telecom. Dito CME Holdings Corporation (a publicly listed firm also owned by Uy), meanwhile, has an "indirect ownership" in the telco. Dito Telecommunity began its commercial operations on March 8, 2021. As of August 2022, Dito's total mobile subscriber base reached 12 million ...
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Clark Global City
Clark Global City (formerly the Global Gateway Logistics City) is a planned mixed-use central business district development at the Clark Freeport Zone in Mabalacat and Angeles City, Philippines. Udenna Corporation is responsible for the development of Clark Global City since 2017. The development was initially meant as a product of Kuwaiti investment and was known as the Global Gateway Logistics City. The groundbreaking of the development took place in 2008. History As Global Gateway Logistics City Clark Global City was initially known as the Global Gateway Logistics City (GGLC). It was conceptualized by American firm Peregrine Development International Inc. (PDII) to the Kuwaiti investment firm KGL Investment Co. (KGLI Co.) in 2006. KGLI accepted PDII's proposal and signed a memorandum of agreement with the Clark International Airport Corp regarding the project in April 2008. The groundbreaking ceremony was attended by President Gloria Macapagal Arroyo in August of the same yea ...
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Clark Freeport Zone
The Clark Freeport and Special Economic Zone (CFEZ), often shortened to Clark, refers to an area in Central Luzon, Philippines. The CFEZ in Pampanga covers portions of the cities of Angeles and Mabalacat and portions of the town of Porac while parts of the area in Tarlac include portions of the towns of Capas and Bamban, Tarlac. The CFEZ divided into two areas, the Clark Freeport Zone (CFZ) and the Clark Special Economic Zone (CSEZ). The New Clark City is part of the Clark Special Economic Zone. The CFZ covers the area of the former United States Air Force facility, Clark Air Base. Most of this air base was converted to the Clark International Airport and some remained under the control of the Philippine Air Force. Clark Global City is also part of the Clark Freeport Zone. Clark forms the hub for business, industry, aviation, education, and tourism in the Philippines as well as a leisure, fitness, entertainment and gaming center of Central Luzon. History Establishment ...
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