Tag: PLDT

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PLDT weighs REIT plan, eyes idle asset sale

PLDT Inc. said it is studying fresh monetization options for its data center portfolio and idle assets, as the telecom giant moves to manage debt levels and unlock value from non-core properties.

PLDT buys new shares maintain Kayana stake

PLDT Inc., the country’s largest integrated telecommunications firm, has subscribed to 594 million additional shares in Kayana Solutions Inc. to maintain its 45 percent equity interest in the digital experience company formerly known as DigiCo.

PLDT core profit up in 1H on Maya gain, capex guidance cut

PLDT Inc., the country’s largest integrated telecommunications group, reported a 1 percent rise in core profit to P17.6 billion in the first half of 2025, buoyed by a turnaround at digital banking affiliate Maya.

PLDT recalibrating leadership lineup, SVP-COO advisor exits

PLDT Inc., the country’s largest integrated telecommunications group, announced Tuesday the “separation from service” of Senior Vice President Jeremiah de la Cruz, who had recently been appointed—on May 16—as senior adviser to the company's Chief Operating Officer Menardo G. Jimenez. 

PLDT integrates AI, ESG in business strategy

PLDT Inc., the Philippines’ largest fully integrated telecommunications network, recently released its 2024 Annual and Sustainability Report, combining business results with environmental, social, and governance (ESG) disclosures for the first time.

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ADB offers $1.75 billion aid to PH amid Middle East crisis

The Asian Development Bank (ADB) on Friday said it is ready to provide up to $1.75 billion in additional financing to help the Philippines deal with the economic effects of the ongoing conflict in the Middle East.

Globe posts strong 1Q 2026 growth as data drives 91% of revenues

Globe Telecom reported strong first-quarter 2026 earnings, with consolidated service revenues rising 5 percent year-on-year to P42 billion, marking its second-highest quarterly revenue performance on record.

Flexible gold ownership gains traction in Philippines

Gold ownership in the Philippines is becoming increasingly flexible as buyers seek a wider range of formats tailored to their financial goals. 

ICTSI boosts South Africa reade, supply chains 

Philippine port operator International Container Terminal Services Inc. (ICTSI) is set to strengthen South Africa’s trade and logistics sector as it begins managing and developing the Durban Container Terminal Pier 2 (DCT2) under a 25-year partnership with state-owned Transnet.

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