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.
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 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).
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.
In Bacolod City, Negros Occidental, Tubig Pilipinas Foundation Inc. (TPFI) has officially partnered with National University (NU) Bacolod through Project KINABUKASAN, an initiative created to help qualified students from host communities earn college degrees and build careers within their home region. Under this agreement, two scholars from Barangays Abo-Abo and Caliban in Murcia, Negros Occidental will receive full tuition coverage, education allowances, and academic support for courses linked to community and national development, such as Civil Engineering, Architecture, Accountancy, and Computer Science.
The Philippine automotive industry's shifting landscape was on full display at the 10th Philippine International Motor Show (PIMS), where electrified vehicles and the growing presence of Chinese automakers emerged as the event's dominant themes.
The Philippine Economic Zone Authority (PEZA) is positioning itself to capture a larger share of Southeast Asia's fast-growing electric vehicle (EV) supply chain, with Vietnam's VinFast emerging as a potential new investor as Indonesian automotive manufacturers expand their presence in Philippine economic zones.
The US has reaffirmed its support for the Luzon Economic Corridor (LEC), signaling that economic cooperation is becoming an increasingly important pillar of the longstanding US-Philippines alliance alongside defense and security ties.