Philippines cedes tax revenue under global minimum tax rules

To expedite the revival of the economy from the pandemic and restore its trajectory towards upper middle-income status, the government has eased restrictions on foreign investment by amending foreign ownership rules for public services and retail. While the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law reduced our regular corporate income tax (CIT) rate […]

Globe, Smart set up counters during Sinulog festival week

TWO of the biggest telecommunication companies (Telcos) in the country have installed assistance booths to assist their subscribers struggling with the registration of their SIM (subscriber identity module) cards amid the ongoing Sinulog activities. In a media interview on Wednesday, Jan. 11, 2022, Smart Communications and Globe Telecom announced that they had put up several […]

Globe to offer masterclasses in the metaverse

Globe Telecom, Inc., will offer virtual masterclasses in music, film, entrepreneurship, e-sports, and fashion in the metaverse. “In streaming, we’re limited to reactions and comments. In the metaverse, we can chat with mentors and celebrities,” said Anna Baldos, head of the Globe Prepaid Portfolio, at the Nov. 3 Globe Innovation Fest. “There are different activities […]

BEPS 2.0: A Philippine perspective

More than a year since the OECD/G20 Inclusive Framework proposed the two-pillar approach, we have heard much about BEPS 2.0 from a global standpoint. In this article, we now look at the Philippine perspective, what MNEs in the Philippines should start considering and what’s at stake once it is implemented. LOOKING BACK ON BEPS 1.0 […]

Globe exec: No data breach in our system

A TELECOMMUNICATIONS company assured people that there is no data breach within its system amid the rising cases of cybercrimes and online and text scams.Rofil Sheldon Magto, corporate communications manager of Globe for the Visayas and Mindanao, said the company spent more than 20 million dollars or roughly P1.1 billion to wrap up their information […]

Dito reaches 12M subscribers

DITO Telecommunity on Monday reported it has reached 12 million subscribers as of Aug. 26 ahead of its target date four months ahead.The 12-million mark was the year-end target of the country’s third telco player.“The overwhelming reception we get from DITOzens has always served as inspiration. Their unwavering support has continued to motivate us to […]

Globe steps up advocacies vs online bullying to protect Filipino children

Digital solutions platform Globe intensifies its commitment to online safety, enjoining the academe, mental health professionals, parents and guardians, and other key partners to protect Filipino children against cyberbullying. Due to the pervasiveness of bullying on digital platforms, Globe noted the need for parents and caregivers to understand their role in keeping children safe online. […]

Globe to develop more digital solutions in support of government’s digitalization goals

THE Globe Group, the Philippines’ leading digital solutions platform, is keen to develop more innovative solutions towards Filipinos’ digital enablement in line with the Marcos administration’s digitalization goals. The Group welcomed the “refreshing change” in public-private sector collaboration through a platform established by the President. Ernest Cu, Globe President and Chief Executive Officer, cited this […]

DITO’s debt to Globe over interconnect violation grows daily—NTC plea to prevent further breach, protect customers

GLOBE, the country’s leader in mobile, asserts that DITO continues to violate its interconnect agreement due to the latter’s refusal to pay the P622 million it owes Globe over fraudulent calls through its network. More notably, DITO did not deny the debt it owes Globe in its press statement issued on August 9.DITO’s debt increases […]

Globe bags UN SDG Award for ‘People’ in 1st SDG Awards in the Philippines

Globe, the country’s digital solutions provider, leveraged its strength in technology to keep its 8,000 employees safe, connected, and engaged during the pandemic. With this, Globe took home the first-ever United Nations Sustainable Development Goal (UN SDG) Awards under the People Category hosted by the UN Global Compact Network Philippines (UNGCP). The Awards, which recognize […]

Globe to sell over 7,000 towers: The largest ever tower sale and leaseback transaction in the Philippines

GLOBE, a leading digital platform in the Philippines with major interests in telecommunications, financial technology, digital marketing solutions, venture capital funding for startups, corporate venture building, virtual healthcare and providing support to entertainment, announced today that it obtained Board approval for its milestone initiative to sell over 7,000 towers, of which 66 percent are located […]

Globe Business seeks digital transformation partnerships with more MSMEs

By Arjay L. Balinbin, Senior Reporter GLOBE GROUP’s Globe Business on Wednesday said it is currently reaching out to more micro, small and medium enterprises (MSMEs) in the country to accelerate their digital transformation. “Globe Business seeks to go beyond the surface by helping MSMEs with innovations that accelerate business growth, expertise that guides businesses […]

Globe wants Dito to pay P622M penalty after antitrust complaint

AYALA-LED Globe Telecom has asked the National Telecommunications Commission (NTC) to require Dito Telecommunity to pay for interconnection penalties amounting to P622 million.The penalties were brought about by fraudulent calls placed through Dito’s network to Globe, bypassing proper voice traffic channels.An average of 1,000 fraudulent calls–identified as international in origin but masked as local calls– […]

Globe seeks more property partners in push for built-in broadband, telco space in developments

GLOBE is looking to grow its roster of property development partners as it steps up its push for built-in broadband and dedicated spaces for telco infrastructure in housing developments to ensure reliable and robust connectivity for residents.At Globe’s Rise to the Next Level event held on July 11, Globe President and Chief Executive Officer Ernest […]