Tag: Globe

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Globe, NCS seal APAC tech push

Corporate Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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

Communications & Technology Context.ph Context.ph -
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

Transport & Logistics Context.ph Context.ph -
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

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.
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Basic Energy budgets P1 billion second-half capital expense

Corporate 0
Basic Energy Corporation plans to spend as much as P1 billion in capital outlays for the remainder of 2026, marking a significant jump from the P100–P200 million recorded in 2025, when the firm only carried out pre-development work for its project pipeline. Chief executive officer Oscar de Venecia Jr. confirmed this during a recent event in Taguig City, noting that around P500 million has already been spent so far this year.

Security Bank eliminates fund transfer fees for all customers 

Banking & Insurance 0
Security Bank announced today that it will provide free fund transfers to all of its customers starting July 10, 2026. This move expands a perk that was previously reserved exclusively for the bank's Gold, Wealth, Corporate, and Business Banking clients.

Spot market electricity prices jump more than 22% in June

Top News 0
Electricity prices at the Wholesale Electricity Spot Market (WESM) surged by 22.7 percent in June, driven primarily by a dip in available power supply and frequent grid alerts.

Mini racers fuel Philippines’ MICE tourism strategy

Sports & Entertainment 0
The Philippines is strengthening its push to become a premier destination for Meetings, Incentives, Conferences, and Exhibitions (MICE) tourism, with the successful staging of the Tamiya Mini 4WD Asia Challenge (TMAC) 2026 highlighting the country's ability to host international niche events that generate both tourism and business opportunities.

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