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Friday, 16 January 2026, 2:09 pm

    Tag: Globe

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    Telecom, energy units weigh down Ayala 1Q earnings

    Corporate Context.ph Context.ph -
    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

    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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    MacroAsia breaks ground on aviation hub

    Transport & Communications 0
    MacroAsia Corp. (MAC), through its majority-owned unit MacroAsia Airport Services Corp. (MASCORP), has begun construction of a new six-story headquarters aimed at strengthening its aviation services operations, following a formal groundbreaking ceremony held today.

    Del Monte Pacific distances form Chapter 11 case

    Corporate 0
    Del Monte Pacific Limited (DMPL) moved to clarify its position as its indirect subsidiary, Del Monte Foods, Inc., advances through Chapter 11 proceedings following a court-supervised auction of the US business.

    Big power groups jostle for Meralco’s 200MW RE

    Energy 0
    Major power generation groups are emerging as key contenders in Manila Electric Co.’s (Meralco) Competitive Selection Process (CSP) for its 200-megawatt renewable energy (RE) baseload supply, highlighting how established energy players are positioning themselves for long-term clean power contracts.

    Likhang Filipino return to global spotlight

    Economy 0
    The reopening of the Likhang Filipino Exhibition Halls marks more than the revival of a physical space—it signals a renewed push to position Filipino craftsmanship and design at the center of the country’s export narrative.

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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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    Globe, Starlink bring cell towers spaceward

    0
    Globe Telecom has made history by becoming the first mobile network operator to launch Starlink’s Direct to Cell (DTC) satellite service in the Philippines and Southeast Asia—and the second in Asia—marking a major leap toward universal mobile connectivity in the country.
    Transport & Communications

    MacroAsia breaks ground on aviation hub

    0
    MacroAsia Corp. (MAC), through its majority-owned unit MacroAsia Airport Services Corp. (MASCORP), has begun construction of a new six-story headquarters aimed at strengthening its aviation services operations, following a formal groundbreaking ceremony held today.
    Corporate

    Del Monte Pacific distances form Chapter 11 case

    0
    Del Monte Pacific Limited (DMPL) moved to clarify its position as its indirect subsidiary, Del Monte Foods, Inc., advances through Chapter 11 proceedings following a court-supervised auction of the US business.
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