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.
Southeast Asia Businesses and Governments More Likely to be Targeted with Cyber Attacks: New Report from FireEye and Singtel
Media OutReach – Nov 19, 2015 – FireEye, Inc. (NASDAQ: FEYE) and Singapore Telecommunications Limited (Singtel) today released a new report on advanced cyber attacks against organizations in Southeast Asia. In the first half of the year, organizations observed in the region faced a 45 percent higher risk of facing a targeted cyber attack than the global average. In the prior six-month period, they faced only a 7 percent higher risk.
The ASEAN Corporate Governance Awards is the region’s most prestigious event that recognizes the efforts of companies that continuously implement good corporate governance in their operations and services as well as further educating and inspiring companies of the significance of instilling and maintaining good corporate governance.
Clark Water Corporation, a subsidiary of East Zone concessionaire Manila Water Company, recently celebrated fifteen years of providing quality water and used water services to locators and residents of Clark Freeport and Clark Special Economic Zone.
CUHK Business School Research Reveals that Cornerstone Investor Agreements Bring Immense Advantages to Post-IPO Earnings Growth
Cornerstone investments exhibit positive association with IPOs launched on Hong Kong Stock Exchange’s Main Board in terms of initial value multiples, M/B ratio, Tobin’s Q ratio, trading volume and price stabilization.
Globe Telecom said its board approved the declaration of a fourth quarter cash dividend of P20.75 per share for common shares following the strong financial performance in the January-September period. The dividend will be paid to shareholders on record as of November 24, 2015, with payment date on December 4, 2015.