Tag: Globe

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Ayala expands P20B buyback to shares of units

Corporate Context.ph Context.ph -
Ayala Corp., the listed investment holding firm of the Ayala Group, said Thursday that its board of directors has approved an expansion of its...

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.
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Prime Energy confirms major gas boost from Malampaya expansion

Energy & Mining 0
Prime Energy said it is on track to deliver additional natural gas from the Malampaya field by the fourth quarter of 2026.

SM malls to shorten amid oil shock

Energy & Mining 0
SM Supermalls will open later on weekdays nationwide starting March 30, shifting mall hours to 11:00 a.m. from Monday to Friday as part of efforts to conserve electricity during the ongoing National Energy Emergency. On Saturdays and Sundays, the malls open 10 a.m. Closing hours on all days will be at 9 p.m.

Gov’t steps in to curb looming power rate spike amid global fuel turmoil

Energy & Mining 0
The government and energy sector players are rolling out emergency measures to protect electricity supply and limit price increases as global fuel markets remain unstable amid ongoing conflict in the Middle East.

Toyota Philippines profit hits record on EV push 

Transport & Logistics 0
Toyota Motor Philippines (TMP) booked a record P19 billion net income in 2025, up 18.9 percent from P16.03 billion a year earlier, parent GT Capital Holdings reported, as strong vehicle demand and an expanding electrified lineup lifted results.

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