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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FFCCCII turn classroom legacy into TikTok challenge

The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. is bringing its decades-long classroom donation program to TikTok in a bid to engage younger audiences. 

SM Hotels plates Ilonggo heritage with stories

In Iloilo, history does not just sit in museums it simmers in kitchens and SM Hotels and Conventions Corp. is happily stirring the pot.

Bank lending, liquidity growth signal steady credit conditions in January

Bank lending and money supply continued to expand in January 2026, indicating steady credit conditions in the financial system, according to the Bangko Sentral ng Pilipinas (BSP). The latest data show that while credit growth remains strong, the pace of expansion has slightly moderated.

DOE cracks down on fuel stations defying staggered price hikes; 55 show cause orders issued

The Department of Energy (DOE) has cracked down on fuel retailers that allegedly ignored the government-backed staggered fuel price increase scheme, issuing at least 55 show cause orders to stations suspected of irregular pricing practices.

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