Tag: Globe

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Globe profits hold firm in 2025 as data, GCash drive growth

Globe Telecom closed 2025 with solid earnings despite heavier depreciation and financing costs, underscoring how scale, data-led growth and digital finance continue to anchor profitability even as margins faced pressure.

Globe, NCS seal APAC tech push

Globe Telecom Inc. has completed its joint venture with Singapore-based technology services firm NCS Pte. Ltd., strengthening its push to scale advanced ICT capabilities across the Asia-Pacific region.

Ayala expands P20B buyback to shares of units

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

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).

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ECOP urges regions to resist copying NCR wage hike

The Employers Confederation of the Philippines (ECOP) has cautioned regional wage boards against automatically following Metro Manila's latest minimum wage increase, arguing that wage adjustments should reflect local economic realities rather than establish a nationwide template.

Gov’t appeals SC ruling barring mandatory vessel tracking system 

The Department of Agriculture and the Bureau of Fisheries and Aquatic Resources are taking steps to save a key tool used against illegal fishing after a recent Supreme Court ruling. The high court recently declared Fisheries Administrative Order No. 266 unconstitutional, effectively striking down the requirement for commercial fishing vessels to install tracking devices and submit electronic catch reports.

Fuel prices roll back this week as PH supply improves

The Department of Energy (DOE) confirmed an across-the-board fuel price rollback starting August 3, ending five consecutive weeks of increases.

VinFast expands battery swapping to drive Philippine EV adoption

Vietnamese electric vehicle maker VinFast is accelerating its push into the Philippine market by rolling out 21 motorcycle showrooms alongside a nationwide battery-swapping network, betting that convenience, rather than vehicle technology alone, will determine how quickly Filipinos embrace electric two-wheelers.

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