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 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., 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 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.
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.
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.