Tag: Globe

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Telecom, energy units weigh down Ayala 1Q earnings

Corporate Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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. 

Ayala Corp. posts P42B net income in 2024, plans P200B capex in 2025

Corporate Context.ph Context.ph -
Ayala Corp., a diversified investment holding company, reported a record net income of P42.0 billion for 2024, up 10 percent year-on-year increase. Excluding one-off items, its core net income hit P45.0 billion, marking a significant milestone for the company. 

Globe urges stricter SIM registration with validated ID database for enhanced security

Transport & Logistics Context.ph Context.ph -
Globe Telecom is reinforcing its commitment to the SIM Registration Act (RA 11934), emphasizing the need for a validated database to combat SIM card-related crimes.
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Ayala investments get fresh lift after Singapore talks 

Trade & Investments 0
The Ayala Group is poised to ramp up investments in digital infrastructure and healthcare after President Ferdinand R. Marcos Jr. held separate meetings with key Singapore-based partners during his working visit, reinforcing investor confidence in two sectors seen as vital to the country's long-term growth.

Proposed US reshoring bills pose little immediate threat, says IBPAP 

Communications & Technology 0
The Philippine information technology and business process management (IT-BPM) industry sees little immediate risk from two proposed US bills designed to bring outsourced jobs back to America, saying both measures have stalled in Congress and mirror earlier anti-offshoring proposals that never became law.

ILO says AI threatens women, youth jobs more sharply

Economy 0
Filipino women and young workers may soon find artificial intelligence acting less like a helpful office assistant and more like an ambitious new colleague eager to take over routine tasks.

Gilas young guns dunk doubts, pocket gold

Sports & Entertainment 0
Half court. Full throttle. No room to hide. Gilas Pilipinas Under-21 turned the compact chaos of 3x3 basketball into a golden masterpiece on Wednesday, defeating Japan, 19-14, to capture Stop 3 of the FIBA 3x3 Youth Nations League 2026--U21 Asia-2 in Petaling Jaya, Malaysia.

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