Tag: Globe

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When cell towers fall, satellites answer Filipinos’ call

For a country where typhoons feel like subscription services and earthquakes show up uninvited, connectivity is not a luxury. It is survival. This year, help is not coming by truck or chopper. It is coming straight from the sky.

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.

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Monsoon rains dampen 7-Eleven sales; company eyes long-term growth amid challenges 

Philippine Seven Corp. (PSC), the operator of 7-Eleven convenience stores in the country, has reported a significant dip in sales, by as much as 20 percent, attributed to the incessant monsoon rains experienced over the past two weeks. Despite a strong performance up until July, bolstered by its annual "7-11 day" promotion, the company acknowledges the sensitivity of its sales to adverse weather conditions.

Habagat, TCs Luis & Maymay damage to agriculture sector reaches P1.42B

The Department of Agriculture (DA) reported a P1.42 billion damage to the agriculture sector due to the enhanced southwest monsoon (Habagat) and Tropical Cyclones Luis and Maymay, as of August 17. This figure rose from P1.03 billion earlier that day.

BPI eliminates corporate PESONet fees via BizLink to drive business efficiency

To boost business operations and lower digital transaction hurdles across the country, the Bank of the Philippine Islands (BPI) has waived all PESONet transfer fees for payments processed through the Pay Non-BPI disbursement feature on its corporate platform, BPI BizLink.

TD SYNNEX expands IBM distribution footprint across Asia Pacific, Europe and Latin America

Tech Data, a TD SYNNEX company and leading global IT solutions distributor, has announced the expansion of its IBM distribution network. The initiative covers 20 new markets across Asia Pacific, Europe, and Latin America. In the Asia Pacific region, the expansion adds six new markets – Hong Kong, Macau, Malaysia (operating under the Tech Data brand there), Indonesia, Cambodia, and the Philippines. This builds on the company’s existing IBM operations in Australia, India, Singapore, and Vietnam, bringing the total number of APJ markets supported to ten.

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