Sunday, 25 January 2026, 7:15 pm

    Tag: Globe

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    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. 

    Ayala Corp. posts P42B net income in 2024, plans P200B capex in 2025

    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

    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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    Another fuel price hike looms as global pressures drive costs up

    Fuel prices are expected to go up again this Tuesday, marking the third straight week of increases. Gasoline prices may rise by ₱0.20 to ₱0.40 per liter, while diesel could increase by a much bigger ₱1.20 to ₱1.40 per liter. Kerosene prices may also climb by as much as ₱0.45 per liter, according to industry and government estimates.

    Public scoping set for proposed Pampanga industrial gas facility

    The Department of Environment and Natural Resources’ Environmental Management Bureau (EMB) has scheduled a public scoping on January 28, 2026 for a proposed industrial gas facility in San Simon, Pampanga.

    Cebu Pacific eyes China flight expansion as visa-free policy rolls out

    Cebu Pacific said it is ready to increase flights to China if travel demand rises, following the Philippine government’s move to allow visa-free entry for Chinese tourists.

    Aboitiz InfraCapital Airports post strong passenger growth in 2025

    Aboitiz InfraCapital (AIC) said its airport portfolio handled a total of 16.7 million passenger arrivals in 2025, reflecting strong demand for air travel in the Visayas and Northern Mindanao and highlighting the growing role of its airports in regional development.

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