My Google Page Rank

Ernest Cu of Globe Telecom hailed as PH Best CEO by FinanceAsia (Globe cited in 4 other categories including Best Managed Company)

PDFPrintE-mail

Globe President & CEO Ernest Cu is the Philippines’ Best CEO by FinanceAsia.  The company ranked 3rd Best Managed Company in the country and was also cited in several other categories.

According to FinanceAsia, a leading publisher of financial news in the Asia Pacific region, Cu bagged the top spot in the Best CEO category with 23 points.  Globe also placed 3rd in Best at Investor Relations, 4th in Best at Corporate Social Responsibility and ranked 6th in Most Commitment to Corporate Governance.

The citations were based on a survey conducted by FinanceAsia involving investors on their views on which listed companies around Asia they consider to be best managed, with the best senior executives. FinanceAsia received responses from 180 portfolio managers and buy-side analysts from around the world. FinanceAsia is a member of the Haymarket Media Group and covers investment banking, capital markets and strategic corporate finance.

“The host of citations from FinanceAsia underscores our commitment to achieve remarkable results not only in terms of financial performance but also in adhering to the principles of good corporate governance, corporate social responsibility and investor relations. I am deeply honored that Globe has been recognized for our remarkable efforts in the industry,” said Cu.

Cu emphasized that the recent success of Globe was at the heels of the company’s purpose-led transformation to become a better organization ready for the future. Anchored on its corporate vision of leading a Philippines where families’ dreams come true, businesses flourish and the nation is admired, the company defined its purpose moving forward to treat people right by creating a Globe of Good. Globe aspires to be an industry leader with purpose, helping customers discover new ways to enjoy life.

Globe has remarkably gained market share every year over the last 5 years despite intense industry competition and a well-entrenched incumbent. Following its massive network modernization program in 2011, Globe saw unprecedented business growth driven by game-changing initiatives including a digital lifestyle play, innovative offers and content partnerships with iconic global brands, underpinned by a robust 3G and 4G network nationwide. Staying ahead of the digital game, Globe has aggressively rolled out its LTE network to cover the whole of NCR and key commercial areas in the country. Launching its first world internet campaign last year, Globe is steadfast in its objective to improve the state of the country’s internet and allow as many Filipinos access to affordable internet services.

Sustaining business growth momentum, Globe ended 2016 with all-time high service revenues of close to P120.0 billion, outpacing its previous record of P113.7 billion in 2015 by 6%. This pushed core net profit to reach a record high of P16 billion, up 6% year on year from P15.1 billion. ###




Related news items:
Newer news items:
Older news items:

Add comment


Security code
Refresh

Celso thanks Senate for ZCPSC’s conversion into university

17 Aug 2018 Hits:114 Be the first to comment!

Congressman Celso Lobregat extended his utmost gratitude to Senate Committee on Education, Arts and Culture chairman Francis “Chiz” G. Escudero and its committee members for sponsoring the bill on Tuesday that approved on third and final reading the bill seeking to establish, convert, and rename Zamboanga City State Polytechnic College (ZCPSC) into a university. Escudero sponsored the said bill in the Senate for the conversion of ZCPSC into the Zamboanga Peninsula Polytechnic State University. It can be recalled that last Decembe, Congressman Lobregat  shepherd House Bill 6741 in the House of Representatives, which was an act converting Zamboanga City State Polytechnic College into a state university to be known as Zamboanga Peninsula Polytechnic State University. It was transmitted to the Senate on [...] Read more

Prev Next Page:

DBM okays Zambo waterfront devt project

17 Aug 2018 Hits:101 Be the first to comment!

The Department of Budget and Management (DBM) has approved the proposed Zamboanga City Waterfront Redevelopment Project for inclusion in the Assistance to Cities – Green, Green, Green program with a [...] Read more


PASUC names WMSU as NBC 461 Zonal Center anew

17 Aug 2018 Hits:87 Be the first to comment!

The Western Mindanao State University (WMSU) is once again named as the NBC No. 461 Zonal Computerization Center for state university and colleges (SUCs) in region IX. After a thorough deliberation [...] Read more


SPED inclusion: The gate to opportunities

11 Aug 2018 Hits:193 Be the first to comment!

The need to provide education for every Filipino learner makes a sense of urgency to the Department of Education (DepEd) which values the importance of worth as an individual. This [...] Read more


City Government’s P3.09M bleacher project completed in MCLLNHS

09 Aug 2018 Hits:347 Be the first to comment!

The construction of bleacher at the existing covered court in Maria Clara Lorenzo Lobregat National High School (MCLLNHS) has seen its completion more or less after 130 days since it [...] Read more


GAD sponsors PWD biz mgt skills training

04 Aug 2018 Hits:357 Be the first to comment!

In celebration of the National Disability Prevention and Rehabilitation, persons with disabilities (PWDs) in the City have been trained in Basic Business Management Skills to help them manage their businesses [...] Read more


City completes PPP workshop

04 Aug 2018 Hits:248 Be the first to comment!

The city government joined the one and a half-day workshop on public private partnership (PPP) spearheaded by the PPP Center on Wednesday, August 1. The Orientation on Public Private Partnership (PPP) [...] Read more


NHA, HUDCC heads check housing sites for fire victims

03 Aug 2018 Hits:490 Be the first to comment!

As committed by President Rodrigo Duterte last week, top executives from the National Housing Authority and Housing and Urban Development Coordinating Council (HUDCC) in Manila came down to Zamboanga Thursday [...] Read more


WMSU awards two outgoing Regents

01 Aug 2018 Hits:337 Be the first to comment!

The Western Mindanao State University (WMSU) the only “Royal University” in Mindanao and the Visayas celebrated its 114th Founding Anniversary last July 18, 2018 at the university campus. The actual date [...] Read more


DILG urges city’s barangays to submit disaster plan

19 Jul 2018 Hits:413 Be the first to comment!

Department of Interior And Local Government (DILG) City Director Mohammad Taha Arakama is urging the different barangays here in Zamboanga City to submit their Barangay Disaster Risk Reduction Management Plan. Director [...] Read more


City to require all ‘lechoneros’ to utilize San Roque slaughter and roasting facility

13 Jul 2018 Hits:435 Be the first to comment!

The city government is set to implement an ordinance mandating all members of the Lechoneros Association of Zamboanga to slaughter and do roasting activities at the government’s Slaughter House facilities [...] Read more


Shooting suspect nabbed

11 Jul 2018 Hits:408 Be the first to comment!

Personnel of Police Station 9 led by Sr. Insp. Sammy Sakilin arrested on Monday the suspect in the shooting incident in Barangay Recodo last Saturday. Aljin Ahalul y Isad, 27, single, [...] Read more


Rotary Club West condemns killing of its immediate past president

09 Jul 2018 Hits:441 Be the first to comment!

The Rotary Club of Zamboanga City West (Rotary International District 3850), condemns in the strongest terms the gruesome killing of our Immediate Past President (IPP) Michael "Mike" T. Magallanes on [...] Read more


ZCPO: Martial law imposition helps deter crimes in Zambo

09 Jul 2018 Hits:381 Be the first to comment!

The Zamboanga City Police Office (ZCPO) yesterday disclosed that martial law has tremendously help the police in curving criminality in the city. Police PIO Sr. Insp. Shellamie Chang disclosed it has [...] Read more


ZamPen Native Chicken FIESTA atbp. to showcase AANR S&T outputs

07 Jul 2018 Hits:409 Be the first to comment!

The Western Mindanao State University (WMSU), through the Western Mindanao Agriculture, Aquatic and Natural Resources, Research and Development Consortium (WESMAARRDEC), will host anew the ZamPen Native Chicken FIESTA atbp. on [...] Read more


Beng vows continuous service amidst threats

05 Jul 2018 Hits:394 Be the first to comment!

Mayor Beng Climaco said she will continue to perform her mandated duties despite the challenges including death threats. “We should be very cautions but it should not prevent us from serving [...] Read more


Zion celebrates 22nd Anniversary

12 Jun 2018 Hits:432 Be the first to comment!

In a simple ceremony, Zion Evangelical School celebrates this morning its 22nd founding anniversary. It will be recalled that on June 12, 1996, the school opened its doors of 525 students [...] Read more


Basilan Abu Sayyaf leader, nine followers surrender

12 Jun 2018 Hits:471 Be the first to comment!

A sub-leader of the Abu Sayyaf group and nine of his followers inolved in terroristic activities have surrendered to military. Lt. Col. Gerry Besena, spokesman of the Western Mindanao Command (WestMinCom),  [...] Read more


Drug pusher falls

12 Jun 2018 Hits:432 Be the first to comment!

An alleged drug pusher was arrested in a buy-bust operation at Calle Junk, Barnagay Camino Nuevo, Zamboanga City, yesterday dawn. Police Station 11, Station Drug Enforcement Team (SDET) led by SPO3 [...] Read more