Economy

The International Monetary Fund (IMF) commended the Philippine Economic Team for the country’s economic performance in its report following the conclusion of the IMF Staff 2023 Article IV Mission to the Philippines yesterday, October 3, 2023.

Startups in the Philippines have quietly won $1-billion in total funding deals for two straight years in a row in 2021 to 2022, and there are indications they could continue the winning trend.

PLDT Inc. (PLDT) has brought its fiber home services to the Island Garden City of Samal (IGACOS), which has a growing population and is one of the top tourism destinations in Mindanao.

Mynt, the holding company of the Philippines’ number one finance super app, GCash, has entered into an agreement with Globe Telecom Inc. and Payment One, Inc. to acquire a 100% stake in Electronic Commerce Payments, Inc. (ECPay), for PHP3.0 billion.

Globe At Home elevates the digital experience of its customers with the launch of the ALL-NEW GFiber Plan this October. Moving beyond mere connectivity, this initiative embodies Globe's transformation from a traditional telco to a dynamic techco, aiming t...

DAVAO CITY (PIA) -- Davao Region showed improvement in its economic performance for the month of August as it registered a drop down in the inflation rate, which was recorded at 3.9% compared to the 4.3% in July.

The Philippine Deposit Insurance Corporation (PDIC) generated P171.9 million in total sales from 124 corporate and closed bank assets sold as of the first semester of the year as part of its asset disposal initiatives.

The House of Representatives opened the plenary debates on House Bill No. 8980 or the FY 2024 General Appropriations Bill (GAB) on Tuesday, beginning with deliberations on the general provisions of the proposed budget led by House Committee on Appropriati...

This year, Globe announced G Chance the Raffle.

AirAsia Philippines strongly supports Senate President Juan Miguel Zubiri’s call to boost connectivity to Visayas and Mindanao through the provision of more slots to local carriers.

Globe remains at the forefront of the nation's digital transformation, offering a diverse range of digital solutions that address daily pain points and enhance the quality of life for Filipinos.

Globe anticipates significant rise in non-telco revenues over the next two to three years, aligned with its strategic shift from a traditional telco to a techco with a menu of digital solutions on offer.

Financial super app GCash, together with Fuse Lending Inc., introduces GCash Sakto Loans, a nano loan offer that enables GCash users to easily borrow small amounts as ‘pambale,’ as it seeks to provide more Filipinos with access to fair, easy and inclusive...

Globe Business, a leading force in the Philippine corporate landscape, clinched five prestigious accolades at the 20th Annual International Business Awards. These recognitions are testament to its unwavering commitment to businesses of all sizes, from est...

Globe’s mobile business continues to sustain growth in the first half of the year with revenues reaching ₱54.8 billion, a 1% increase from the ₱54.0 billion reported the previous year. Revenues remain unaffected despite mandatory SIM registration, which f...

GCash, the Philippines’ No. 1 finance superapp, will continue to subsidize part of the rising operating costs of its partners to keep the convenience fee for cash-ins affordable to its many users, GCash President and CEO Martha Sazon said at a recent medi...