Try GOLD - Free

E-wallet ban slashes DigiPlus Q3 earnings

Manila Bulletin

|

November 7, 2025

Online gaming firm DigiPlus Interactive Corp. saw its third-quarter profit plunge after new government regulations forced e-wallet providers to cut off in-app access to licensed gaming platforms.

- By JAMES A. LOYOLA

In a disclosure to the Philippine Stock Exchange (PSE), DigiPlus reported a 59-percent drop in net income to P1.71 billion in July to September this year. Despite the quarterly decline, profits for the first nine months of 2025 still rose 16 percent to P10.11 billion.

According to DigiPlus, the sharp third-quarter decrease was a consequence of tighter regulation.

In August, the Bangko Sentral ng Pilipinas (BSP) required e-wallet providers to delink in-app access to licensed online gaming platforms, which temporarily disrupted player activity and transaction volumes in the industry.

MORE STORIES FROM Manila Bulletin

Manila Bulletin

'Liberating fashion for many'

Saed El-Achkar, H&M's president for East Asia and Greater China, on the brand's mission to make fashion accessible, inclusive, and purposeful for everyone

time to read

3 mins

November 7, 2025

Manila Bulletin

Curls, unleashed

6 game-changing products bringing bounce, shine, and freedom back to curly hair

time to read

2 mins

November 7, 2025

Manila Bulletin

Agri output sustains growth in Q3

The Philippines’ agriculture and fisheries output grew by 2.8 percent in the third quarter, as stronger crop and poultry production kept the country on track to achieve higher growth this year compared to last year’s contraction.

time to read

2 mins

November 7, 2025

Manila Bulletin

Manila Bulletin

Ms. Czech Republic wins Miss Earth 2025 crown, uses Filipino in final Q&A

Natalie Puskinova of the Czech Republic was crowned Miss Earth 2025 and drew cheers from the crowd as she spoke partly in Filipino during the final question-and-answer round held at Okada Manila on Wednesday, Nov. 5.

time to read

1 mins

November 7, 2025

Manila Bulletin

Manila Bulletin

Pope Leo calls for 'deep reflection' about treatment of detained migrants in the United States

Pope Leo XIV called for “deep reflection” about the treatment of migrants held in detention, saying that “many people who have lived for years and years and years, never causing problems, have been deeply affected by what is going on right now.”

time to read

1 mins

November 7, 2025

Manila Bulletin

Manila Bulletin

Why indigenous consultation in urban planning must be real

Walk any city block and you’re moving across layered stories—rivers channeled into pipes, fields paved over, names translated or erased.

time to read

3 mins

November 7, 2025

Manila Bulletin

Hesitant borrowers cool banks' lending

Lending by big banks, or universal and commercial banks (U/KBs), expanded even more slowly in September, as loans grew only by 10.5 percent from 11.2 percent in August.

time to read

2 mins

November 7, 2025

Manila Bulletin

Manila Bulletin

Save our planet; go clean energy all the way

The world is fast reaching a point of no return.

time to read

2 mins

November 7, 2025

Manila Bulletin

Manila Bulletin

BIR files ₱1.6-B tax evasion complaint vs 3 ex-DPWH engineers in Bulacan

The Bureau of Internal Revenue (BIR) filed on Thursday, Nov. 6, a P1.6 billion tax evasion complaint for alleged income tax deficiencies from 2020 to 2024 against three former officials of the Department of Public Works and Highways (DPWH) in its Bulacan First Engineering District.

time to read

6 mins

November 7, 2025

Manila Bulletin

Manila Bulletin

Marcos declares national state of calamity due to 'Tino'

President Marcos has approved the declaration of a national state of calamity following the widespread devastation caused by Typhoon Tino, which struck large parts of the Visayas and Mimaropa and left a high number of casualties.

time to read

5 mins

November 7, 2025

Listen

Translate

Share

-
+

Change font size