Although it has received less attention than the plunge in oil prices since mid-2014, the drop in coal prices has had a profound impact on global energy markets. Underpinning the weakness in coal prices is the decline in coal consumption in China for the first time this century, while pledges to reduce CO2 emissions made by dozens of countries ahead of the UN climate negotiations in Paris in December 2015 are also providing negative sentiment for coal producers. Partly offsetting the gloom is demand from a few populous emerging economies in Asia – particularly India – and the high odds that coal will remain China’s top energy source for several years to come.
Clark Water continues to partner with various locators inside the Clark Freeport Zone in support of its sustainable initiative to plant over 8,000 trees by 2020. Understanding that sustainability is a shared responsibility, Nanox Philippines Inc., L&T International Group Philippines, Inc., and SMK Electronics Philippines recently collaborated with the Clark Water to plant a total of 300 Narra, Mahogany, and Ylang-ylang saplings inside the company’s used water treatment plant.
AdSpark, a wholly-owned subsidiary of Globe Telecom specializing in mobile-first digital marketing solutions, has recently acquired Socialytics, a local social marketing company.
Harbor Star Shipping and Globe Business: Going full speed ahead in service delivery through M2M solutions
Leading provider of marine services Harbor Star Shipping Services, Inc.(HSPI) has tapped Globe Business, the information and communication technology (ICT) arm of Globe Telecom, to provide trackers that will monitor the fleet operations of HSPI.
Globe Telecom is looking to sustain growth momentum of its prepaid business after several quarters of strong performance with a co-branding partnership with leading mobile phone manufacturer Cherry Mobile.
Besting other listed local companies in the country, Globe Telecom bagged the Bell Awards for Corporate Governance, awarded by the Philippine Stock Exchange, in recognition of the leading telecommunication company’s commitment in upholding the principles and best practices in governance.
The public stock issue of the safety technology company Yepzon Oy ended successfully on the 20th of November 2015. This round of financing resulted in new capital from new and old investors to the tune of a million euros. The capital will be invested in product development and international growth.
As digital solutions become imminent tools to power the growth of e-commerce for the SME sector, it has become imperative for SMEs to expand their presence and reach in the digital space. In its effort to extend and broaden its support to local SMEs, the small and medium business arm of Globe Telecom, Globe myBusiness has furthered its global partnership with top e-commerce platform Shopify.
This year’s list of Power 100 is different from previous year’s versions as inclusion was divided into a number of different categories such as operators in various parts of the world, over-the-top and content providers, hardware companies, among others. Cu was listed in the Top Ten Operators from Asia.
Globe Telecom remained the dominant player in the country’s mobile data business as its mobile browsing and other data revenues reached P15.1 billion for the first nine months of 2015, up by a solid 48% from P10.2 billion a year ago. Mobile data users grew by 126% year-on-year, while mobile data traffic increased by 89% from previous year’s level.