Tag: Globe Telecom

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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

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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

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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

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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.

Globe leaders drive connectivity discussions at MWC Barcelona 2025

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Globe Telecom senior executives made significant strides in global connectivity conversations at the Mobile World Congress (MWC) 2025 in Barcelona. CEO Ernest Cu, deputy CEO Carl Cruz, and other senior leaders represented the company at high-level industry discussions, showcasing solutions tailored to emerging markets like the Philippines.
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PHilMech rolls out rice farm machines as government mechanization drive gains ground 

Agriculture 0
The Philippine Center for Postharvest Development and Mechanization (PHilMech) has stepped up the government’s farm modernization efforts, delivering over 1,700 farm machines across the country in the first half of 2026 to boost the productivity, resilience and profitability of local rice farming.

Wipro Consumer Care to acquire personal care firm S Brands

Corporate 0
Wipro Consumer Care International, the FMCG division of Wipro Enterprises, has signed a definitive agreement to fully take over S Brands Consumer Care Inc., one of the leading personal care companies in the Philippines.

AI exports cushion Philippine economy from global headwinds 

Communications & Technology 0
The Philippines' growing role in the global artificial intelligence supply chain is expected to provide an important buffer against slowing growth, higher oil prices and lingering trade uncertainties, according to the ASEAN+3 Macroeconomic Research Office (AMRO).

AG&P expands Batangas hub to capture global infrastructure demand 

Construction 0
AG&P Industrial is betting that the next wave of global infrastructure spending will require bigger factories, faster execution and smarter manufacturing, prompting the company to build a new 85-hectare fabrication yard in Batangas that will significantly expand its production capacity.

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