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Friday, 02 January 2026, 12:01 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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    Bureau of Treasury set 1Q borrowing blitz

    Banking & Insurance 0
    The government is lining up a hefty start to its 2026 borrowing program, targeting P824 billion in the first quarter alone to help fund state spending.

    Converge shifts focus to enterprise, strengthens B2B leadership

    Transport & Communications 0
    Converge Information and Communications Technology Solutions Inc. is speeding up its shift from being mainly a fiber internet provider to becoming a full technology company, driven by growing demand from large businesses and enterprises.

    Housing shortfall widens as supply lags

    Property 0
    Data from the Department of Human Settlements and Urban Development show the national housing backlog reached 10.65 million units in 2024, highlighting decades of unmet demand that continue to weigh on affordability and urban planning.

    CAB warns public vs. fake airline ticket sellers

    Transport & Communications 0
    The Civil Aeronautics Board (CAB) has warned the public to be alert against scams involving fake airline ticket sellers and unauthorized agents posing as airline partners.

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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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    Economy

    BOI eyes clearing auto tax backlog

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    The Board of Investments (BOI) is confident it can finally make a major dent in nearly P5 billion worth of unpaid auto tax credits, after the government restored funding for the Comprehensive Automotive Resurgence Strategy (CARS) Program in the proposed 2026 national budget.
    Banking & Insurance

    Bureau of Treasury set 1Q borrowing blitz

    0
    The government is lining up a hefty start to its 2026 borrowing program, targeting P824 billion in the first quarter alone to help fund state spending.
    Transport & Communications

    Converge shifts focus to enterprise, strengthens B2B leadership

    0
    Converge Information and Communications Technology Solutions Inc. is speeding up its shift from being mainly a fiber internet provider to becoming a full technology company, driven by growing demand from large businesses and enterprises.
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