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Globe, NCS seal APAC tech push

Globe Telecom Inc. has completed its joint venture with Singapore-based technology services firm NCS Pte. Ltd., strengthening its push to scale advanced ICT capabilities across the Asia-Pacific region.

Ayala expands P20B buyback to shares of units

Ayala Corp., the listed investment holding firm of the Ayala Group, said Thursday that its board of directors has approved an expansion of its...

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.

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Visa, BPI launch real-time global money transfer service

Global payments company Visa Inc. has partnered with Bank of the Philippine Islands (BPI) to introduce Visa Direct in the Philippines, a service that allows customers to send money abroad in real time.

ADB cuts Asia growth forecast, sees higher inflation amid Middle East crisis

The Asian Development Bank (ADB) on Wednesday lowered its economic growth outlook for developing Asia and the Pacific, warning that ongoing conflict in the Middle East is causing deeper and longer-lasting disruptions than expected.

Globe upgrades loan services for prepaid users

Telecom company Globe Telecom has improved its load and promo loan services for Globe Prepaid and TM users, making it easier for Filipinos to stay connected even without mobile balance.

SM Investments says retail business to help drive growth amid challenges

SM Investments Corp. (SMIC) said its retail segment is expected to help sustain the company as it navigates a challenging economic environment.

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