Corporate

Globe Telecom has assumed the chairmanship of the newly launched Philippine Chapter of the Global Anti-Scam Alliance (GASA), marking a major step in the country’s fight against digital fraud. Tech firm Gogolook and social media giant Meta serve as vice chairs.

PLDT Inc., the country’s largest integrated telecommunications firm, has subscribed to 594 million additional shares in Kayana Solutions Inc. to maintain its 45 percent equity interest in the digital experience company formerly known as DigiCo.

Suntrust Resort Holdings Inc. announced on Monday the acquisition of an indirect 20 percent ownership stake in Entertainment City Resorts Corp. (ECRC) as part of a collaboration aimed at accelerating the development of the Westside Integrated Resort Project in Parañaque City.

The Jollibee Group has announced deeper collaboration with the Government of Canada following a high-level visit by Canadian Agriculture and Agri-Food Minister Honourable Heath MacDonald to the company's Manila headquarters.

The Bank of the Philippine Islands's (BPI) social development arm BPI Foundation (BPIF) has rolled out its Small Enterprise Acceleration Lab – Business Expansion through Training and Application (SEAL-BETA) in Rizal and five other provinces, in hopes of boosting microenterprise growth and economic inclusion.