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Globe Telecom raises P25B in oversubscribed preferred share sale
Globe Telecom has raised P25 billion from an oversubscribed offering of non-voting perpetual preferred shares, strengthening its balance sheet and funding network expansion.
GCash, Careem Pay team up to accelerate money transfers in UAE for Filipinos
GCash has partnered with Careem Pay to make sending money from the UAE to the Philippines faster, easier, and more convenient for overseas Filipinos. The collaboration was formalized at Careem’s Dubai headquarters on Monday.
PXP Energy reports wider net loss as production and prices fall
Philippine oil exploration firm PXP Energy Corp. saw its core net loss widen to P50.2 million in 2025, up 50.8 percentfrom P33.3 million in 2024, the company disclosed to the Philippine Stock Exchange on Monday.
PSE net income holds steady in 2025 despite revenue surge
The Philippine Stock Exchange Inc. (PSE) posted a net income of ₱1.22 billion in 2025, nearly unchanged from ₱1.21 billion the previous year, despite a doubling of its operating revenues to ₱2.84 billion. The increase was largely driven by the consolidation of Philippine Dealing System Holdings Corp. (PDS) into its financials, as well as higher trading and capital-raising activities.
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GCash, Careem Pay team up to accelerate money transfers in UAE for Filipinos
GCash has partnered with Careem Pay to make sending money from the UAE to the Philippines faster, easier, and more convenient for overseas Filipinos. The collaboration was formalized at Careem’s Dubai headquarters on Monday.
PXP Energy reports wider net loss as production and prices fall
Philippine oil exploration firm PXP Energy Corp. saw its core net loss widen to P50.2 million in 2025, up 50.8 percentfrom P33.3 million in 2024, the company disclosed to the Philippine Stock Exchange on Monday.
PSE net income holds steady in 2025 despite revenue surge
The Philippine Stock Exchange Inc. (PSE) posted a net income of ₱1.22 billion in 2025, nearly unchanged from ₱1.21 billion the previous year, despite a doubling of its operating revenues to ₱2.84 billion. The increase was largely driven by the consolidation of Philippine Dealing System Holdings Corp. (PDS) into its financials, as well as higher trading and capital-raising activities.
Aurora hub powers ASEAN cable play
InfiniVAN Philippines is pumping USD31 million into its cable landing system (CLS) in Aurora, ramping up the country’s international bandwidth as hyperscalers, telcos and data center operators scramble for capacity.
