Tag: Globe

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Creative economy may take hit from online piracy — Globe

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

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

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. 

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Cebu Pacific receives first aircraft delivery for 2026

Budget airline Cebu Pacific has received its first aircraft delivery for 2026, an Airbus A320neo, as part of efforts to expand capacity across its domestic and regional routes.

Globe to deploy 400 wireless laser links to boost 5G rollout

Globe Telecom has partnered with Singapore-based Transcelestial to deploy more than 400 wireless laser links across the Philippines over the next three years, aiming to speed up the rollout of 5G and strengthen the country’s digital infrastructure.

Business groups, ARTA unite to cut permit delays nationwide

The Philippine Chamber of Commerce and Industry (PCCI), Anti-Red Tape Authority (ARTA), and Philippine Ease of Doing Business Foundation (Ease.PH) have formed a partnership to streamline business permitting across the country, aiming to reduce bureaucratic delays and support entrepreneurs, particularly micro, small and medium enterprises (MSMEs).

Inside tuna testes: Clues to ocean survival

Deep inside a tuna’s body lies a microscopic world that could help scientists—and fishers—better understand how these fast-swimming fish reproduce and survive in busy tropical seas.

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