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Globe Telecom Reports 20% Improvement in Permit Processing with EO 32

11/30/2024

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Globe Telecom Reports 20% Improvement in Permit Processing with EO 32
Globe has made significant progress with the execution of Executive Order No. 32 (EO 32) or (Streamlining the Permitting Process for the Construction of Telecommunications and Internet Infrastructure), with a 20% increase in permit processing and issuance between 2022 and mid-2024.

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Bukidnon Farmers Benefit From Digital Agricultural Tools Provided by PLDT and Smart

11/30/2024

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Bukidnon Farmers Benefit From Digital Agricultural Tools Provided by PLDT and Smart
​Farmers from the Sto. Niño Organic Rice Farmers Association (SNORFA) in Simaya, Malaybalay City, Bukidnon, now has access to digital farming tools through a FarmTech training kit provided by PLDT, Smart, and the Department of Agriculture-Agricultural Training Institute.

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Security Bank to Acquire MUFG’s 25% Stake in Home Credit Philippines

11/30/2024

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Security Bank to acquire MUFG’s 25% stake in Home Credit Philippines
Security Bank Corporation (SECB), a leading Philippine universal bank, has announced that it has entered into an agreement to acquire a 25% stake in HC Consumer Finance Philippines, Inc. (HCPH), also known as Home Credit Philippines, the country’s premier consumer financing company. This strategic move underscores Security Bank’s commitment to enhancing its consumer finance capabilities and expanding its market presence.

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Google AdSense Announces New Collapsible Anchors Option

11/29/2024

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Google AdSense Announces New Collapsible Anchors Option
Google AdSense has revealed an imminent enhancement of anchor ads: collapsible anchors. Collapsible anchors boost ad visibility, which improves performance.

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PLDT Launches 'Always On' New Hybrid Modem

11/29/2024

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PLDT Launches 'Always On' New Hybrid Modem
This recently announced hybrid modem is among the first of its kind in the world, and it is capable of switching a customer's connection from fiber to LTE in the event of an outage. The device can give rates of up to 1 Gbps and has unlimited LTE for backup.

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Globe Telecom Pushes for Industry-Wide Collaboration to Deliver Connectivity to Remote Areas

11/28/2024

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Globe Telecom Pushes for Industry-Wide Collaboration to Deliver Connectivity to Remote Areas
Globe Telecom supports the country's quest for digital inclusiveness by advocating for a collaborative, industry-wide approach to infrastructure expansion in Geographically Isolated and Disadvantaged Areas (GIDAs).

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Asia United Bank Marks Milestone with Over 6 Million HelloMoney Customer Base

11/28/2024

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Asia United Bank Marks Milestone with Over 6 Million HelloMoney Customer Base
Five years after launching HelloMoney, Asia United Bank (AUB) is celebrating a milestone as it surpasses six million total customers and expands its global relationships to bring the e-wallet closer to more Filipinos overseas.

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ACEN Corporation Subscribes Additional Shares in Paddak Energy Corporation

11/28/2024

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ACEN Corporation Subscribes Additional Shares in Paddak Energy Corporation
ACEN Corporation signed today a Subscription Contract with Paddak for the subscription by the Company to One Million Two Hundred Thousand (1,200,000) common shares at par value of One Peso (P1.00) per common share and Ten Million Eight Hundred (10,800,000) preferred shares at par value of One Peso (P1.00) per preferred share, to be issued out of the unissued portion of the authorized capital stock of Paddak.

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Manila Water Signs 10-Year Term-Loan Facility with China Banking Corporation

11/28/2024

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Manila Water Signs 10-Year Term-Loan Facility with China Banking Corporation
Manila Water Company, Inc. (Manila Water) signed a P10 Billion 10-year term loan facility with the China Banking Corporation. The loan will be used to finance Manila Water’s capital expenditure projects.

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Globe Telecom Closes a Term Loan Facility with BPI

11/28/2024

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Globe Telecom Closes a Term Loan Facility with BPI
Globe Telecom, Inc. signed a term loan facility with Bank of the Philippine Islands (BPI) for P3 Billion. The loan shall be used to finance the Company’s capital expenditures (capex), debt refinancing and/or general corporate requirements.

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San Miguel Awards Caticlan Airport Contract to Megawide

11/28/2024

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San Miguel Awards Caticlan Airport Contract to Megawide
Megawide Construction Corp. has secured the contract to design and construct a new Passenger Terminal Building (PTB) at the Caticlan Airport, gateway to Boracay Island, which is owned and operated by Trans Aire Development Holdings Corp. (TADHC), a subsidiary of SMC Infrastructure.

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Cemex Holdings Philippines Sells Stake in Swiss-Based Unit for US$900,459

11/28/2024

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Cemex Holdings Philippines Sells Stake in Swiss-Based Unit for US$900,459
On November 26, 2024, Cemex Holdings Philippines, Inc. (CHP) signed a Share Purchase Agreement with Cemex Innovation Holding AG, an affiliate of Cemex, S.A.B. de C.V., for the sale of all of CHP’s shares in Cemex Asia Research AG (CAR).

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ACEN Corp.’s Affiliate Acquires Stake in BIMEH for US$70.5-M, Boosts Presence in Vietnam

11/28/2024

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ACEN Corp.’s Affiliate Acquires Stake in BIMEH for US$70.5-M, Boost Presence in Vietnam
ACEN Corporation, the listed energy arm of the Ayala Group, is expanding its renewable energy (RE) footprint in Vietnam with the acquisition of a 49% stake in BIM Energy Holding Corp. (BIMEH)

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Aboitiz InfraCapital Expands Airports Platform with Bohol-Panglao International Airport Bid Win

11/28/2024

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Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, is broadening its growing Airports platform after it received the notice of award (NOA) to upgrade, operate, and maintain Bohol-Panglao International Airport in Panglao, Bohol, with upgrades seen to take effect beginning 2025.

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PHINMA Corporation Completes P1 Billion Stock Rights Offering

11/28/2024

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PHINMA Corporation Completes P1 Billion Stock Rights Offering
PHINMA Corporation successfully concluded its stock rights offering (SRO) with the listing of its shares at the Philippine Stock Exchange (PSE) on Wednesday. The SRO raised P1 billion in capital that will support the Company’s investment and expansion opportunities directly catering to underserved Filipino families and communities.

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