Philippine Stock Exchange

Rivada forges an alliance with TMT firm NOW Corp to bring The OuterNET™ to the Philippines

Retrieved on:

Wednesday, November 15, 2023

Now Telecom, Trusted Network Connect, Othernet, Mining, NOW, Philippine Stock Exchange, Now Corporation, LEO, Government, Ganley, Human, Aid, Transport, Architecture, Mobile phone, Communications satellite

MUNICH, and MANILA, Philippines, Nov. 15, 2023 /PRNewswire/ -- NOW Corporation, a telecom, media and technology company listed on the Philippine Stock Exchange, is partnering with Rivada Space Networks to provide a unique next generation connectivity network for the Philippines.

Key Points:

Terrestrial and legacy satellite networks, in particular, are clearly sub-optimal for business communications in terms of speed, security and latency.
NOW Corporation will harness the OuterNET™ where Rivada's seamless connectivity will ramp up performance, improve security, and increase customer efficiency.
NOW Corp President and CEO, Henry Andrews Abes said: "We welcome Rivada as one of the satellite partners that NOW has forged an alliance with.
The OuterNET is a fully inter-connected space network, which is rapidly becoming the infrastructure of choice for secure data communications."

Jollibee UK Reports Robust Q3 2023 Growth Driven by Strong Consumer Demand

Retrieved on:

Thursday, December 14, 2023

"Our strong Q3 2023 results affirm our efforts towards providing great-tasting, craveable, and excellent value-for-money food offerings to UK consumers," shared Dennis Flores, Jollibee Group President for Europe, Middle East, Asia, and Australia.

Key Points:

"Our strong Q3 2023 results affirm our efforts towards providing great-tasting, craveable, and excellent value-for-money food offerings to UK consumers," shared Dennis Flores, Jollibee Group President for Europe, Middle East, Asia, and Australia.
Strong marketing campaigns for its bestsellers also contributed to stellar growth, accompanied by partnerships with major UK aggregators that drive strong delivery sales.
Jollibee UK's stellar growth contributed to the overall strong performance of its parent company, the Jollibee Group.
Total Jollibee Group systemwide sales grew by a robust 11.8% in Q3 and 19.1% in YTD September 2023 compared to the same periods last year.

PLDT INC. INVESTOR ALERT: Kaplan Fox & Kilsheimer LLP Notifies PLDT Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

Retrieved on:

Tuesday, February 7, 2023

Spend, PLDT, PHP, Complaint, NYSE, FOX, Notice, Philippine Stock Exchange, Form 6-K, Disclosure, Investment, Renewable energy, Risk management

NEW YORK, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP ( www.kaplanfox.com ) is investigating claims on behalf of investors of PLDT Inc. (“PLDT” or the “Company”) (NYSE: PHI).

Key Points:

NEW YORK, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP ( www.kaplanfox.com ) is investigating claims on behalf of investors of PLDT Inc. (“PLDT” or the “Company”) (NYSE: PHI).
WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey.
With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand.
For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com .

JCB and East West Banking Corporation announce the launch of EastWest JCB Credit Card

Retrieved on:

Thursday, November 10, 2022

TOKYO & MANILA, Nov 10, 2022 - (JCN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, and East West Banking Corporation announce the launch of EastWest JCB Credit Card, a first for JCB in the Philippines in 25 years.

Key Points:

TOKYO & MANILA, Nov 10, 2022 - (JCN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, and East West Banking Corporation announce the launch of EastWest JCB Credit Card, a first for JCB in the Philippines in 25 years.
EastWest JCB Gold Credit Card and EastWest JCB Platinum Credit Card offer several rewards such as accumulate reward points that can redeem them for airline miles, cash rebates, or annual membership fee waiver.
JCB was headed by President and COO of JCB International Yoshiki Kaneko and Yusuke Matsui, JCB Manila's Country Manager.
JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan.

Philippines' Globe receives overwhelming support for PHP17B rights offer

Retrieved on:

Wednesday, November 9, 2022

MANILA, Philippines, Nov. 9, 2022 /PRNewswire/ -- Leading Philippine digital solutions platform Globe (PSE: GLO) has received overwhelming shareholder support for its first rights offer in over two decades, raising gross proceeds of approximately 17 billion.

Key Points:

MANILA, Philippines, Nov. 9, 2022 /PRNewswire/ -- Leading Philippine digital solutions platform Globe (PSE: GLO) has received overwhelming shareholder support for its first rights offer in over two decades, raising gross proceeds of approximately 17 billion.
The offer marks the triumphant return of Globe to equity capital markets since it last raised equity from its shareholders.
Even in the face of market headwinds, the rights offer was oversubscribed and all the offer shares were fully allocated to existing shareholders.
This support reflects trust in the capability of Globe to execute our core business and digital service platform initiatives.

AST SpaceMobile Announces Collaboration with Globe Telecom

Retrieved on:

Thursday, April 28, 2022

AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network designed to be accessible directly by standard mobile phones, today announced a Memorandum of Understanding ("MoU") with Globe Telecom, Inc. ("Globe") (NASDAQ: GTMEF).

Key Points:

AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network designed to be accessible directly by standard mobile phones, today announced a Memorandum of Understanding ("MoU") with Globe Telecom, Inc. ("Globe") (NASDAQ: GTMEF).
"The Philippines thousands of islands create formidable challenges to meet a growing demand for cellular broadband connectivity," said Chris Ivory, Chief Commercial Officer of AST SpaceMobile.
Once launched, AST SpaceMobile would aim to provide Globe with expanded coverage and reach to remote and underserved areas.
AST SpaceMobile has entered into agreements and understandings with mobile network operators which collectively service over 1.8 million cellular customers.

Philippine Airlines Emerges from Chapter 11 Reinvigorated for the Future

Retrieved on:

Friday, December 31, 2021

PAL successfully completed its financial restructuring within four months, in contrast to other airlines that remain in the Chapter 11 process more than a year after filing in 2020.

Key Points:

PAL successfully completed its financial restructuring within four months, in contrast to other airlines that remain in the Chapter 11 process more than a year after filing in 2020.
There are immense challenges ahead, but we look forward to tackling them as a reinvigorated Philippine Airlines, better positioned for strategic growth to continue serving our customers.
Philippine Airlines Inc. was the only party included in the Chapter 11 filing; while PAL Holdings Inc., which is listed on the Philippine Stock Exchange (PSE: PHI), and Air Philippines Corporation, known as PAL Express, were not included in the Chapter 11 filing.
Philippine Airlines, Inc. (PAL) is the flag carrier of the Philippines and the countrys only full-service network airline.

Citi Announces Agreement to Sell Philippines Consumer Bank to UnionBank of the Philippines

Retrieved on:

Thursday, December 23, 2021

Citi today announced it has reached agreement with UnionBank of the Philippines (hereafter UnionBank) on the acquisition of Citis consumer banking franchise in the Philippines.

Key Points:

Citi today announced it has reached agreement with UnionBank of the Philippines (hereafter UnionBank) on the acquisition of Citis consumer banking franchise in the Philippines.
The agreement covers all related Citi staff, with approximately 1,750 consumer bank and supporting employees expected to transfer to UnionBank upon close of the transaction.
Citi will continue to serve institutional clients in the Philippines and across Asia Pacific as we have for over a century.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.

Philippine Airlines Inc. (PAL) Wins Court Approval of Recovery Plan

Retrieved on:

Friday, December 17, 2021

Philippine Airlines, Inc. (PAL) announced that the U.S. Bankruptcy Court of the Southern District of New York has approved its Plan of Reorganization (the Plan).

Key Points:

Philippine Airlines, Inc. (PAL) announced that the U.S. Bankruptcy Court of the Southern District of New York has approved its Plan of Reorganization (the Plan).
Todays court approval represents a critical moment in our journey to emerge as a stronger airline.
The Philippine flag carrier expects to restore more routes and increase flight frequencies as travel restrictions ease and borders reopen.
Philippine Airlines, Inc. (PAL) is the flag carrier of the Philippines and the countrys only full-service network airline.

LotusFlare Partners with Globe Telecom To Deliver The New GlobeOne Digital Channel Experience

Retrieved on:

Thursday, December 16, 2021

Solution, Transformation, Internet, CEO, GLO, Globe Telecom, Philippine Stock Exchange, Facebook, Telecommunication, Architecture, Partnership, Technology, New, Senior advisor, Mobile phone, Globe

SANTA CLARA, Calif., Dec. 16, 2021 /PRNewswire/ -- LotusFlare today announced it has partnered with Globe Telecom, the leading mobile operator in the Philippines, to launch The New GlobeOne Super App, an enabler of life through digital solutions, and a platform that builds customer relationships that go beyond telco. Built with the vision to have one app for all customers, The New GlobeOne Super App firstly focused on prepaid users in its initial release on August 10th to capture Globe's mass market. The postpaid features will be launched soon to complete Globe customer experience. That way every Globe's customer could easily access service, learn about promotions and get rewards. The Globe Digital Growth Team and LotusFlare designed, developed, tested and launched the new platform within a six month period.

Key Points:

The Globe Digital Growth Team and LotusFlare designed, developed, tested and launched the new platform within a six month period.
LotusFlare was chosen by the Globe Digital Growth Team to develop and deliver the new experience platform based on its prior work with Globe on application-based charging and its proven track record in building growth-oriented digital channel experience platforms.
LotusFlare developed The New GlobeOne Super App from the ground up using Native-Native development framework to deliver the optimal subscriber experience.
LotusFlare designed the experience platform based on clean architecture principles to simplify advancement of the GlobeOne customer experience going forward.