Business

Globe has called on its customers to support fair network use as it hopes to combat signal pollution due to the unauthorized use of signal boosters. Amid its sustained efforts to expand and boost network coverage across the country, Globe underscored the detrimental effects of illegally used signal repeaters, which weakens mobile signal in surrounding areas.  The use of illegally sold signal boosters pollutes the network, causing dropped calls, choppy or garbled lines, robotic voices,  and weak or no signal, Globe said in a press release on  Friday, June 21. “We understand network challenges that some customers experience in densely populated areas. But we appeal to them to resist resorting to the illegal use of signal repeaters, as this spoils the...

Globe, a leading telco and expanding technology company in the Philippines, has earned a spot on the inaugural Fortune Southeast Asia 500 list, cementing its stature as one of the largest companies in the region. Globe ranked 111, with revenues at $3.240 billion and profits of $441 million as of end 2023. It joins 38 companies from the Philippines that made the list, a press release from the firm said Wednesday, June 19. “Globe’s inclusion on the first ever Fortune Southeast Asia 500 list is an affirmation of our success in serving our customers guided by our purpose, delivering products and services that impact lives and solving the pain points of Filipinos. The company grew serving millions of customers locally and now abroad. Amid the new digital landscape, we envision...

The Philippine Statistics Authority (PSA) launches the Digital National ID, National ID Check, and National ID eVerify with the Department of Information and Communications Technology (DICT).* The Philippine Statistics Authority (PSA), together with the Department of Information and Communications Technology (DICT), has tapped GCash as a pilot testing partner for its National ID eVerify platform. The initiative, led by the PSA and the DICT, aims to provide a secure and seamless way for government agencies and private sector partners to authenticate their customers’ identities, a press release from GCash said. For financial institutions like GCash, this platform can facilitate a faster and more secure know-your-customer (KYC) process, as it provides a reliable method t...

In a strategic collaboration aimed at enhancing operational efficiency and service quality, MORE Power, a sister company of Negros Electric and Power Corp, has stepped in to support Negros Power in its preparations for its upcoming operation in Central Negros. MORE Power dispatched specialized service vehicles from Iloilo City to Bacolod City to bolster the transportation requirements of Negros Power teams gearing up for operation commencement in the third quarter of this year, a press release from Negros Power said Monday, June 10. These vehicles, coupled with the proficiency and capabilities of MORE Power, will be instrumental in readying the teams for a seamless transition from Central Negros Electric Cooperative (CENECO) to Negros Power, thereby ensuring uninterrupted...

What started out as a store hub at a Bacolod mall for more than just 30 small and midsize enterprises (SMEs) from different localities in Negros Occidental, including Bacolod City, three years later has evolved into a lifestyle store that sells products   and food made in Negros. The OTOP Lifestyle store now located at the 2nd Level of Ayala Malls Capitol Central in Bacolod City was launched on Friday, May 31, a press release said. Lynna Joy Cardinal, provincial director of the Department of Trade and Industry, said the OTOP (One Town, One Product) store    is a program of her agency. It used to be called the OTOP Provincial Trade Fair but has now evolved into OTOP Lifestyle under the management of Negros Export Industry Corporation (NEXC...

Teleperformance in the Philippines, a leading global digital business services company, recently held its first high-profile Teleperformance Immersive Experience event in Manila and Boracay. Themed "Dive into Total Experience," Teleperformance Philippines' inaugural immersive event brought together Teleperformance executives, industry experts, and representatives from some of the world's top brands for five days of high-level sessions on digital transformation and workplace advancement. An impressive lineup of speakers featured IT and Business Process Association of the Philippines (IBPAP) President and  CEO Jack Madrid, Author and  Founder of Travelocity and Kayak.com Terry Jones, and Filipino pride and  international boxing legend Manny Pacquiao.  ...

Globe has achieved another milestone in its corporate data business with a significant 10 percent year-on-year increase in revenues, reaching an unprecedented high of approximately P5 billion in the first quarter of 2024.The substantial growth in corporate data revenues underscores Globe's ongoing commitment to supporting enterprise clients and fostering digital transformation across various industries, a press release from the firm said.The first-quarter surge was principally driven by the stellar performance of core accounts, which saw a 12 percent rise from the previous year, along with a 7 percent increase in revenues from Information and Communications Technology (ICT) services. On a quarter-on-quarter basis, corporate data revenues exhibited a healthy growth of 4 percent....

One of Megaworld’s plant nurseries is located in Tanza, Cavite where the company grows most of the trees, shrubs, and plants used in various townships*Property giant Megaworld notches its biggest sustainability milestone to date as it officially achieves carbon neutrality for all its company-owned office and mall developments across the country.This achievement covers 52 developments, all of which are 100 percent operational, Megaworld-owned commercial properties located in the company’s various townships all over the Philippines, a press release from the firm said.Based on data compiled by Megaworld in partnership with Diligent, a global leader in leader in governance, risk, and compliance (GRC), the company’s gross carbon emissions from operational Megaworld-owned properties ...

Megaworld’s Iloilo Business Park*Property giant Megaworld is ramping up its leasing portfolio until 2030 in order to reach 3,000,000 square meters of gross leasable area (GLA) for both Megaworld Premier Offices and Megaworld Lifestyle Malls.This is 52 percent higher higher than the company’s total leasing portfolio as of end-2023, a press release from thefirm said..During the company’s Annual Stockholders’ Meeting, Alliance Global Group Inc.’s chief executive officer Kevin L. Tan said that Megaworld’s gross leasable area for office spaces will reach 2,000,000 square meters by 2030, while gross leasable area for malls will reach 1,000,000 square meters by then.“Growing our malls and office segments within the next six years is a big part of our continuing expansion. This yea...

Globe welcomes significant progress in the Senate on bills to strengthen the country's 26-year-old Intellectual Property Code (IPC) and combat online content piracy through site-blocking measures. A Senate committee level hearing wrapped up on April 29, paving the way for a Technical Working Group to convene and start working on the details of the proposal. This development marks a major step forward in Globe's long-standing #PlayItRight advocacy to help promote and protect the country’s P1.6-trillion creative industry from the damaging effects of piracy, a press release from the firm  said,. "We laud the Senate for recognizing the urgency of updating the Intellectual Property Code to address the rampant cases of online piracy," said Yoly Crisanto, Chief Sus...