Tag: Globe

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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).

Telecom, energy units weigh down Ayala 1Q earnings

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

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

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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Airlines warn of higher ticket prices as fuel costs surge

Domestic airlines expect airfares to rise in the coming months as the conflict in the Middle East drives up jet fuel prices and disrupts flight operations.

Maynilad nears completion of mega water and wastewater projects

Maynilad Water Services Inc. said several major water and wastewater infrastructure projects in its West Zone concession area are nearing completion, a development expected to improve water reliability, system resilience, and environmental protection for customers across Metro Manila and Cavite.

Cebu steals spotlight in Netflix’s K-drama ‘Boyfriend on Demand’

Cebu’s turquoise waters and sun-kissed shores are enjoying a starring role in the global streaming spotlight, thanks to the new Korean drama Boyfriend on Demand, now charming viewers worldwide on Netflix.

New program gives IT-BPM workforce tools to build savings and credit history

The IT and Business Process Association of the Philippines (IBPAP) and digital financial platform Maya have launched a program to improve financial access for nearly 1.9 million digital Filipino workers. The initiative aims to provide savings tools and responsibly structured credit products, such as credit cards, to qualified employees in the IT-BPM sector.

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