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 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.
The Department of Transportation (DOTr) has temporarily removed all beep Stored Value Updaters (SVUs) and Express Renewal Devices (ERDs) from train stations as part of an upgrade from 3G to 5G technology.
The Department of Agriculture (DA) has expanded the rollout of its ₱20-per-kilo rice program in Aklan to help keep rice affordable for low-income families while supporting local farmers.
The Bureau of Internal Revenue (BIR) on January 23 launched a sweeping reform agenda that puts audit reform and accountability at the center of tax administration, as the agency prepares to resume tax audits under stricter rules, clearer safeguards, and stronger oversight.
Grab Philippines is charting a new course in digital marketing, turning artificial intelligence into a force multiplier for authentic storytelling. The company has launched a pilot Driver AI Ambassador Program, designed to transform real driver-partner experiences into scalable, publishable marketing content.