Tag: Globe

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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.

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. 
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PTAA presses airlines to ease passengers burden due to Middle East tensions

Transport & Logistics 0
The Philippine Travel Agencies Association (PTAA) is seeking fare waivers and stronger passenger assistance from Middle Eastern airlines as regional tensions disrupt flight routes and send international ticket prices sharply higher.

Thai stevia firm eyes Philippine investment

Trade & Investments 0
A Thai stevia processing company is studying a potential USD30-million investment in the Philippines, signaling growing investor interest in the country’s role in the fast-expanding natural sweetener market.

Charter flights bring home OFWs amid Middle East tension

Economy 0
The Philippine government has begun repatriating overseas Filipino workers (OFWs) from several Middle East countries through chartered and commercial flights as tensions in the region continue to disrupt travel routes.

MORE Power bill heads to Senate

Context Dispatch 0
The House of Representatives has approved on third and final reading a measure expanding the franchise area of More Electric and Power Corporation (MORE Power), sending the bill to the Senate for further deliberation and moving a step closer to widening electricity distribution coverage in Iloilo province.

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