Tag: Globe

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Creative economy may take hit from online piracy — Globe

Globe Telecom Inc, the financial technology and telecom unit of the Ayala Group, has warned that online piracy could undermine the growth of the Philippine creative industry, which the Department of Trade and Industry expects to contribute up to P2 trillion to gross domestic product this year.

Globe advances tower deal with MIDC, PhilTower

Globe Telecom Inc., a leading digital platform in the Philippines, has further advanced its tower sale and leaseback initiatives with two major partners—MIESCOR Infrastructure Development Corp.  and Phil-Tower Consortium Inc. (PhilTower).

Telecom, energy units weigh down Ayala 1Q earnings

Ayala Corp., the diversified holding company of the Ayala Group, reported a 3.7 percent decline in net income to P12.6 billion in the first quarter, weighed down by one-off items and weaker contributions from its telecom and energy units.

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. 

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Eala conquers desert at Indian Wells, defies power

On a chilly Friday night in the California desert, with the clock creeping toward midnight, Alex Eala delivered a debut worthy of the glare and grandeur of the BNP Paribas Open.

AEV exits GCNP board, keeps sustainability focus

After completing a three-year term on the board of the UN Global Compact Network Philippines (GCNP), Aboitiz Equity Ventures Inc. (AEV) said its formal governance role may have ended but its push for sustainability and responsible business practices is far from over.

UPLB housing breaks 45-year ground drought

After more than four decades, housing construction has returned to the campus of the University of the Philippines Los Baños (UPLB), a development that signals how universities are becoming key partners in the Philippine government’s expanding affordable housing agenda.

First Gen celebrates 50 years of EDC, launches unified brand

First Gen Corporation marked the 50th anniversary of its subsidiary, Energy Development Corporation (EDC), highlighting its role in advancing geothermal energy in the Philippines.

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