Tag: PLDT

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Cebuana fortifies digital backbone with PLDT

Cebuana Lhuillier is doubling down on digital resilience as it deepens its partnership with PLDT Enterprise and VITRO, Inc., signaling how critical infrastructure has become to financial inclusion at scale.

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. 

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Philip Morris counts Philippines as key sourcing, manufacturing hub

Philip Morris International (PMI) is counting on the Philippines as an important sourcing and manufacturing base as it strengthens supply-chain resilience against weather disruptions, geopolitical risks and other external shocks.

FAA grounds US flights over nationwide communications failure

The Federal Aviation Administration (FAA) halted commercial flights nationwide Friday (early Saturday in Manila) after a communications failure crippled all 22 regional air traffic control centers, although it remained unclear whether the disruption was connected to an outage affecting some Microsoft services.

Philippines flirts with stagflation as growth stalls, prices surge

The Philippine economy is beginning to resemble a car running low on fuel while its engine overheats. Growth is sputtering, prices are soaring, jobs are getting harder to find, and agriculture—a major source of food and rural livelihoods—is contracting

ASEAN digital push puts MSMEs at heart of regional growth

Southeast Asia’s small businesses need stronger digital capabilities and better access to regional markets to tap more than 680 million consumers and help ASEAN achieve its ambition of becoming the world’s fourth-largest economy, ASEAN Foundation executive director Dr. Piti Srisangnam said.

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