Monday, 25 August 2025, 4:13 pm

    Tag: Globe

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    Ayala Corp. posts P42B net income in 2024, plans P200B capex in 2025

    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 urges stricter SIM registration with validated ID database for enhanced security

    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.

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    Tanduay profit soars 91% in 1H25, boosting market and corporate strength

    Tanduay Distillers, Inc. (TDI), the liquor and spirits subsidiary of LT Group, Inc. (LTG), posted a 91 percent surge in net income for the first half of 2025, signaling a significant uplift in its financial and market performance. Net income reached P1.36 billion, nearly double the P712 million recorded in the same period last year.

    APECO offers Itself as gateway to East Asia, US West Coast

    The Aurora Pacific Economic Zone and Freeport Authority (APECO) is positioning itself as a strategic gateway for Indonesian exporters to reach Northeast Asia and the U.S. West Coast, highlighting its location in Casiguran, Aurora as the Philippines’ closest direct access point to the Pacific.

    NLEX Corp. reports ₱7.3B 1H profit, up 31%

    NLEX Corp. posted a 31 percent increase in net income to ₱7.3 billion in the first half of 2025, up from ₱5.5 billion a year ago, reflecting stronger operational and financial performance driven by higher vehicular traffic and toll rate hikes.

    Converge seeks fair rules under Konektadong Pinoy Law

    Converge ICT Solutions Inc. is calling on the government to establish clear and enforceable rules to ensure fair competition among telecommunications companies following the enactment of the Konektadong Pinoy bill, which recently lapsed into law.

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