Corporate

Converge ICT Solutions Inc. expects its 2026 revenue to grow 8 to 10 percent, driven by more residential and enterprise subscribers and plans to build one million new fiber ports. At its annual stockholders’ meeting, president Mary Grace Uy reported the firm earned ₱44.8 billion in 2025, up 10.2 percent year-on-year. In the first quarter of 2026, revenue rose 3.7 percent to ₱11.2 billion while net income reached ₱3.02 billion, with profit margins staying among the industry’s strongest despite growth falling slightly short of targets.

Four major industry players—Ayala Corporation, Globe Telecom, Mitsubishi Corp., and KDDI Corp.—have partnered to develop the country’s first Intelligent City, with Makati Central Business District chosen as the pilot site.

The Gokongwei Brothers Foundation (GBF), in partnership with food and beverage industry leader Universal Robina Corp. (URC), operates the Iskolar ni Juan scholarship program to provide young Filipinos—especially those unable to afford college education—with a clear alternative pathway toward stable employment.

Visa has launched Visa University, a global learning platform that brings together the company’s industry expertise and real‑world case studies. Customized courses are now open to banking, finance, and payments professionals in the Philippines to strengthen technical know‑how and industry education.

San Miguel Corp. (SMC) has clarified it has not decided to drop the ₱7.78-billion Boracay Bridge Project, contrary to recent reports. The company said it will hold wider consultations with local groups before determining the project’s next steps.