Tag: Globe Telecom

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Globe retires $426.4M debt via tender offer

Corporate Context.ph Context.ph -
Globe Telecom Inc., the financial technology and communications arm of the Ayala Group, has completed the settlement of its tender offer for outstanding USD600 million 4.2 percent senior perpetual capital securities, marking a significant step in active balance sheet management.

Globe trims hybrid debt, strengthens balance sheet

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Globe Telecom Inc. has completed a significant step in its capital management strategy after concluding a tender offer for its USD600 million 4.2 percent Senior Perpetual Capital Securities, resulting in the repurchase of a large portion of the outstanding debt instrument.

Globe, Starlink bring cell towers spaceward

Corporate Context.ph Context.ph -
Globe Telecom has made history by becoming the first mobile network operator to launch Starlink’s Direct to Cell (DTC) satellite service in the Philippines and Southeast Asia—and the second in Asia—marking a major leap toward universal mobile connectivity in the country.

Globe secures loan from Mizuho bank to boost network

Corporate Context.ph Context.ph -
Globe Telecom, Inc. has secured a JPY 20-billion term loan facility from Mizuho Bank Ltd., giving the telco fresh firepower to fund capital expenditures, refinance debt, and support general corporate needs as it sharpens its investment strategy for 2025.

Globe signs renewable energy milestone with First Abacus Financial Center

Energy & Mining Context.ph Context.ph -
Globe Telecom has achieved a significant step toward its net-zero goals by fully transitioning The Globe Tower Cebu (TGTC) to 100 percent renewable energy.
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BIR cracks down on unregistered sabong betting systems; 297 machines, devices flagged

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The Bureau of Internal Revenue (BIR) conducted simultaneous enforcement operations on 11 cockpit arenas on August 8, 2026, and found 297 betting machines, computerized betting units, servers, and other devices without the required Permit to Use (PTU) and not appearing in BIR records. These were sealed or confiscated, as warranted under existing rules.

APECO eyes defense hub on Pacific seaboard 

Trade & Investments 0
The Aurora Pacific Economic Zone and Freeport Authority is positioning its sprawling economic zone in Casiguran, Aurora as a potential defense-industrial hub as the Philippines strengthens strategic infrastructure along its Pacific seaboard.

DTI targets P1B sales from trade fairs

Agriculture 0
The Department of Trade and Industry is targeting more than P1 billion in sales from national trade fairs this year as it expands government-led marketplaces designed to connect Filipino micro, small, and medium enterprises with domestic and international buyers.

GSIS allocates  ₱4.4 billion in emergency loans for typhoon-hit areas 

Banking & Insurance 0
The Government Service Insurance System (GSIS) has set aside nearly ₱4.4 billion in emergency loan assistance for 166,789 active members as well as old-age and disability pensioners across nine areas in Luzon reeling from recent typhoons and the southwest monsoon.

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