From a high of around P2,400 per share in early 2024, the stock has fallen to roughly P1,450 by November 2025, which represents a decline of about 40 percent. Does Globe’s current weakness reflect a structural decline or a mispricing of a business whose fundamentals remain intact?
The Philippine stock market has endured one of its most difficult stretches in years. As of Monday (November 10), the Philippine Stock Exchange Index (PSEi) trades near 5,700, down more than 1,000 points year-to-date, weighed by persistent foreign ...
Ayala Corporation has upped its stake in Mynt by eight percent.
Mynt, the parent company of GCash, has more than doubled its valuation to $5 billion after Ayala Corporation increased its ownership stake in one of the most popular e-wallet brands in the Philippines.Ayala, through its wholly-owned subsidiary AC Ventures ...
People are turning to two-wheeled vehicles as a way to snake through the crazy traffic in the metro. While motorcycles and bicycles are the most popular options, electric scooters might be the next big thing. Across the world, it's no ...
The Zobel family-led conglomerate's net income went up to P13 billion from January to March.
Ayala Corporation shows robust performance once again, with earnings soaring by 28 percent from January to March this year. This increase brought the Zobel family-led conglomerate's net income to P13 billion, fueled by its banking and property segments, among others. ...
Telecommunications giant PLDT, previously the topnotcher, fell three spots in the latest report.
What exactly is brand value? Essentially, it's the monetary worth of your brand if you were to ever sell it, or allow any other business to use your name, logo, or identity. It defines the extent to which investors would pay ...
Over 278,555 URLs and domains hosting child pornography ahve been blocked by Globe from January to September 2022, a record high that represents a leap from last year's numbers with boosted proactive filtering amid the proliferation of such lewd content ...
The company raised a cool $300 million in latest funding round.
Digital financial solutions company Mynt is now valued at over $2 billion (over P100 billion) after raising an addition $300 million (P15.14 billion) in new funding, the company announced Tuesday (November 2). Mynt is the operating company behind mobile wallet GCash. ...
Globe's mobile data traffic for the first half of the year reached 1,761 petabytes, which is a 59-percent increase from last year, the company reported on Monday (August 9). It is also 182 petabytes more than the 1,579 ...
But both networks reported huge spikes in data and broadband revenues.
PLDT reported its net income at P19.7 billion during the first nine months of 2020, an increase of 23 percent compared to P15.996 billion in the same period last year.ALSO READ: TELCOS8 Things You Need to Know About '4th ...
The two companies are working double time as a new telco prepares to launch.
It looks the country's largest telecommunication companies are working double time before the third telco sweeps in and starts offering services to the public, as both Globe and Smart were found to be providing better than historically recorded mobile data services, ...
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