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 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., 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 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.
Gogolook, a global trust tech company, unveiled a revamped version of its anti-scam app Whoscall on Thursday, targeting the growing incidence of scams in the Philippines. The update introduces AI-driven scam protection and a “growth-driven anti-scam community” that incentivizes users to report fraudulent activity.
Food and beverage firm RFM Corp. projects improved income for 2025 on the back of higher product sales and softer commodity prices, despite logistics challenges caused by recent flooding in the third quarter.
The Bank of the Philippine Islands (BPI), in partnership with BPI MS Insurance, has launched BPI Freelancer, a personal accident insurance product specifically designed for freelancers, consultants, digital nomads, and self-employed professionals. The service reflects BPI’s growing focus on inclusive financial solutions for non-traditional workers who typically lack access to formal employment benefits.
Acting Transportation Secretary Giovanni Lopez has fast-tracked the construction of the Manila-Laguna segment of the North-South Commuter Railway (NSCR), following President Ferdinand Marcos Jr.'s directive to expedite key infrastructure projects. Demolition of old Philippine National Railways (PNR) stations from Sta. Mesa in Manila to Cabuyao, Laguna is being conducted simultaneously to accelerate viaduct construction.