Business

Business

SBMA OK’s P16.2-B new investments in Q3

The Subic Bay Metropolitan Authority (SBMA) approved new investment proposals worth a total of P16.2 billion in the third quarter of this year to reassert Subic Bay Freeport Zone’s claim as one of the biggest business destinations in the country.

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Business

Rising mobile data consumption spurs hike in Globe’s mobile data revenues

The rising data consumption in the country remains one of the biggest drivers for Globe’s improved topline. With higher smartphone and tablet usage, mobile data revenues went up to P57.9 billion as of September from P53.7 billion reported a year ago. It accounted for 74% of total mobile revenues, from 69% in the same period of 2020.

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