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Showing posts from November, 2023

[PRESS RELEASE] GOAB Hosts Exclusive Investor's Roundtable Dinner as Prelude to Main Event

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  GOAB Hosts Exclusive Investor's Roundtable Dinner as Prelude to Main Event As a prelude to the highly-anticipated 6th annual Geeks On A Beach (GOAB) conference, an exclusive Investor's Roundtable Dinner is set to take place on November 22, 2023, at the Bellevue Resort Hotel in Panglao, Bohol. This intimate gathering provides a unique platform for private discussions about investment topics relevant to the region and beyond. The dinner, themed "By Investors, For Investors," aims to foster a constructive dialogue among participants on a variety of subjects, including investment opportunities, valuations in the ASEAN ecosystem, and the creation of a robust investor community. With the presence of prominent figures from the investment sector, such as venture capitalists (VCs) and angel investors, the night ensures insightful exchange and networking. VCs are professional investors who inject substantial funds into high-growth tech startups for equity and a role in govern...

[PRESS RELEASE] Globe Telecom closes term loan facilities with Bank of the Philippine Islands, China Banking Corporation and Robinsons Bank Corporation

  Globe Telecom closes term loan facilities with Bank of the Philippine Islands, China Banking Corporation and Robinsons Bank Corporation Globe Telecom, Inc. signed term loan facilities with Bank of the Philippine Islands, China Banking Corporation and Robinsons Bank Corporation for Php3 Billion, Php5 Billion and P4 Billion, respectively. The loans shall be used to finance the Company’s capital expenditures (capex), debt refinancing and/or general corporate requirements. As of the first nine months of the year, Globe invested Php54.0 Billion in capex, lower by 27% than the similar period of 2022. This effort to reduce its capex spending is in line with Globe’s focus on capital efficiency and optimization. Bulk of this amount or 91% was allocated for the data requirements to ensure that customers will be able to access the best digital solutions and connectivity anytime. Globe’s nonstop network expansion and enhancement is also in line with its commitment to the United Nations Susta...

[PRESS RELEASE] 917Ventures’ KodeGo upskills PAP employees in AWS Cloud practitioner training

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  917Ventures’ KodeGo upskills PAP employees in  AWS Cloud practitioner training   KodeGo, an innovative startup under 917Ventures, has been tapped to train employees of talent management firm Profiles Asia Pacific, Inc. (PAP) for the AWS Cloud Practitioner certification. This collaboration ensures that the activity is meticulously tailored to meet the organization’s unique requirements.   KodeGo draws upon its expertise in technology and skillset training to offer a personalized approach that empowers enterprises to align their workforce with vital skills to meet operational objectives.   Its offer of customized programs has allowed KodeGo to establish itself as the preferred partner of companies seeking specific upskilling avenues. KodeGo remains committed to adapting to the ever-evolving landscape of business requirements, reaffirming its dedication to progressive education and training.   “I would like to express our excitement and optimism towards this...

[GLOBE STATEMENT] Globe implements late payment fee for postpaid customers to encourage on-time payments, avoid service interruptions

  Globe implements late payment fee for postpaid customers to encourage on-time payments, avoid service interruptions   Globe will start enforcing late payment fees stipulated in the subscription agreement for mobile and broadband postpaid customers starting December 1, 2023 to encourage on-time payment of monthly dues and ensure uninterrupted services.  The late payment fee is not a new fee but has been part of the Globe subscription agreement with its customers.   A minimal late payment fee of PHP50 will apply to Mobile Postpaid, Platinum and Globe At Home Broadband Postpaid accounts.   Charging a late payment fee is standard practice for services with monthly recurring bills including banks and credit card companies. Telco companies abroad also charge late payment fees.     “For the longest time, Globe had deferred charging the late payment fee even though this is included in the terms and conditions of our postpaid subscription agreement. With...

PRESS RELEASE: Asticom Group of Companies wins four prestigious awards at the TITAN Business Awards 2023

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  Asticom Group of Companies wins four prestigious awards at the TITAN Business Awards 2023   The Asticom Group of Companies, an affiliate of the Globe Group and known for its tech-driven shared services and outsourcing, has garnered four major recognitions at the TITAN Business Awards 2023, reflecting its commitment to innovation, transformative change, and business excellence.   For the first time, Asticom clinched the PLATINUM Award for being the Fastest-Growing Company of the Year.  Its President and CEO Mharicar Castillo-Reyes also received two Gold Awards as Innovator of the Year and Transformation Leader of the Year.   Not to be left behind, HCX Technology Partners, an Asticom subsidiary, was honored with a Gold Award for its exceptional Business Technology Solutions in Human Resources.   Organized by the International Awards Associate (IAA), the TITAN Business Awards celebrates organizations of varying sizes and sectors, spotlighting their achieveme...