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Friday, 07 November 2025, 6:29 am

    Tag: Globe

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    Globe shareholders approve Raymond Cruz’s appointment as CEO

    Corporate Context.ph Context.ph -
    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

    Corporate Context.ph Context.ph -
    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

    Corporate Context.ph Context.ph -
    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

    Transport & Communications Context.ph Context.ph -
    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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    GoTyme Bank hits 7.8 million depositors

    Banking & Insurance 0
    GoTyme Bank, a joint venture between Gokongwei Group and Tyme Bank, said on Thursday that it has reached 7.8 million customers as it marks its third year in the Philippines.

    Cavite industrial estate adopts retail aggregation program

    Energy 0
    MPower, the retail electricity arm of Manila Electric Company (Meralco), has partnered with the First Cavite Industrial Estate Association Inc. (FCIE) to energize its facilities and enroll the industrial park in the Retail Aggregation Program (RAP).

    Aboitiz Foundation leads typhoon relief efforts across Visayas and Mindanao

    Corporate 0
    The Aboitiz Foundation, in collaboration with various Aboitiz business units under the OneAboitiz initiative, has launched extensive relief and recovery operations for communities affected by Typhoon Tino across Cebu and other areas in the Visayas and Mindanao.

    Typhoon Tino causes ₱13.26 Million in initial agriculture damage

    Agriculture 0
    Initial damage to the agriculture sector from Typhoon Tino has reached ₱13.26 million, affecting 742 farmers and 552 hectares of farmland, according to a 2 p.m. report Thursday from the Department of Agriculture.

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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    ICTSI global network expansion fuels 19% rise in 2025 profits

    0
    International Container Terminal Services Inc. (ICTSI) announced a 19 percent rise in net income for the first nine months of 2025, driven by strong operating income and robust volume growth across its global network. Net income for the period reached $751.56 million, up from $632.58 million during the same period in 2024.
    Banking & Insurance

    GoTyme Bank hits 7.8 million depositors

    0
    GoTyme Bank, a joint venture between Gokongwei Group and Tyme Bank, said on Thursday that it has reached 7.8 million customers as it marks its third year in the Philippines.
    Energy

    Cavite industrial estate adopts retail aggregation program

    0
    MPower, the retail electricity arm of Manila Electric Company (Meralco), has partnered with the First Cavite Industrial Estate Association Inc. (FCIE) to energize its facilities and enroll the industrial park in the Retail Aggregation Program (RAP).
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