Corporate

Del Monte Pacific Ltd. (DMPL) has completed the first phase of its planned exit from Indian food company Sundrop Brands Ltd., locking in fresh proceeds while advancing a broader portfolio rationalization strategy.

Globe Telecom Inc. has completed its joint venture with Singapore-based technology services firm NCS Pte. Ltd., strengthening its push to scale advanced ICT capabilities across the Asia-Pacific region.

International Container Terminal Services Inc. (ICTSI), the global ports operator led by billionaire Enrique Razon Jr., has initiated formal management integration at Durban Container Terminal Pier 2 (DCT2), a major step in one of South Africa’s most significant port partnerships.

Vivant Energy, the power arm of Cebu-based conglomerate Vivant Corp., has secured a 15-year Power Supply Agreement to deliver a dependable new electricity source for Siquijor as the island’s energy demand accelerates.

Globe Telecom Inc. has partnered with The Binary Holdings (TBH) to bring OneWave into the GlobeOne app, giving users a new kind of loyalty program that rewards activity, not just spending.