Tag: Globe

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Globe advances tower deal with MIDC, PhilTower

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).

Telecom, energy units weigh down Ayala 1Q earnings

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

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

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

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. 

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St. Luke’s earns dual global recognition in World’s Best Specialized Hospitals 2027

St. Luke’s Medical Center’s Quezon City and Global City campuses are both named in Newsweek/Statista’s World’s Best Specialized Hospitals 2027. Quezon City tops the Philippines in Nephrology, a specialty newly added to the global ranking.

Manila Water delivers emergency water to flood-hit Pangasinan under state of calamity

Amid a State of Calamity in Pangasinan from widespread flooding, Manila Water’s Calasiao Water, North Luzon Water, and Manila Water Foundation acted fast to supply safe water to Calasiao, Malasiqui, and Sta. Barbara evacuees.

Meralco builds smarter, more resilient grid with modern power infrastructure

Manila Electric Company (Meralco), led by Chairman Manuel V. Pangilinan, is ramping up investments in advanced technologies to boost network oversight while delivering safer, more reliable, and more efficient power service to its customers.

SM Investments: Long-term focus powers strong investment case amid rapid change 

At the 24th MAP International CEO Conference, SM Investments President & CEO Frederic C. DyBuncio stressed long-term thinking beats short-term cycles amid shifts like AI and changing consumer demand. Drawing on 70 years in the Philippines, he highlighted the country’s enduring potential and fast-growing regional markets beyond Metro Manila as key opportunities. While tech aids trend analysis, he noted leadership judgment remains critical. SM’s self-sustaining retail, banking, and property units expand nationwide, generate their own growth, and deliver steady dividends—offering investors a resilient, disciplined model focused on future demand and customer focus.

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