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Globe pushes financial inclusion, digital support amid economic pressures

Globe Telecom is strengthening its push for financial inclusion and digital access as rising global oil prices and Middle East tensions continue to strain household budgets.

The company said it is expanding its network and services to help Filipinos manage daily expenses more efficiently, aligning with the financial health framework of the Bangko Sentral ng Pilipinas (BSP). Reliable connectivity, it noted, enables users to transact from home, monitor prices, and build savings through digital platforms.

At the Manila Times Economic Forum, World Bank economist Gonzalo Varela highlighted that many Filipinos remain vulnerable to economic shocks, reinforcing the need for stronger financial resilience.

Globe Chief Commercial Officer Darius Delgado said the company plays a key role in keeping essential services accessible. “Our network acts as a stabilizer, ensuring that commerce remains cost-effective for Filipinos,” he said.

In response to the ongoing crisis, Globe also rolled out roaming assistance for overseas Filipinos in affected Middle East countries, providing free data, calls, and SMS, along with billing support in select areas.

The company is likewise investing in new technologies, including satellite-based connectivity through partnerships with Lynk Global and Starlink, and wireless laser links via Transcelestial, to improve coverage while lowering deployment costs.

Globe President and CEO Carl Cruz said the goal is to translate connectivity into real benefits. “We aim to ensure our services remain affordable and reliable, helping Filipinos navigate today’s economic challenges,” he said.

Globe added that these efforts also support the country’s readiness for deeper regional integration, including faster cross-border payments and trade under upcoming ASEAN initiatives.

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