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    Tag: Globe

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    Globe shareholders approve Raymond Cruz’s appointment as CEO

    Globe Telecom Inc. said the appointment of Raymond Carl R. Cruz as its new president and chief executive officer, effective 22 April, was approved by shareholders during their annual stockholders’ meeting. Globe directors ratified Cruz's appointment during its subsequent organizational meeting.

    Globe completes tower transfer to Unity

    Globe Telecom Inc., the listed digital platform of the Ayala Group, has completed the final batch of its tower sale and leaseback deal with Unity Digital Infrastructure, transferring 121 sites for P1.45 billion. 

    Ayala Corp. posts P42B net income in 2024, plans P200B capex in 2025

    Ayala Corp., a diversified investment holding company, reported a record net income of P42.0 billion for 2024, up 10 percent year-on-year increase. Excluding one-off items, its core net income hit P45.0 billion, marking a significant milestone for the company. 

    Globe urges stricter SIM registration with validated ID database for enhanced security

    Globe Telecom is reinforcing its commitment to the SIM Registration Act (RA 11934), emphasizing the need for a validated database to combat SIM card-related crimes.

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    PAL’s A350-1000 touches down first

    Philippine Airlines just upgraded its long-haul swagger with a widebody statement piece carrying a list price of USD366.5 million.

    Nike finds its footing amid pressures

    NIKE Inc. posted mixed results for the second quarter of fiscal 2026, reporting revenues of USD12.4 billion and diluted earnings per share of USD0.53, as the sportswear giant pushed forward with its turnaround amid margin pressure and uneven demand.

    UnionDigital lending push gets boost with new capital

    Union Bank of the Philippines is doubling down on its digital ambitions after its board approved the infusion of up to P1.3 billion in additional capital into its wholly owned subsidiary, UnionDigital Bank Inc.

    Derazona Helicopters brings Airbus H160 to Southeast Asia energy market

    Derazona Helicopters has received its first Airbus H160, becoming the first energy operator in Southeast Asia to use the next-generation helicopter.

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