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SEC sets deadline for 2025 submission of annual reports

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The Securities and Exchange Commission (SEC) has released the schedule of filing of corporations’ annual financial statements (AFS) and general information sheets (GIS) for this year. The Commission on March 3 issued SEC Memorandum Circular No. 1, Series of 2025, which provides for the 2025 Filing of Annual Financial Statements and General Information Sheet. Stock and nonstock corporations with total assets or total liabilities of at least P600,000 are required to submit annual audited financial statements. Branch offices or representatives of stock and nonstock foreign corporations with assigned capital or total assets, respectively, of at least P1 million, as well as regional operating headquarters of foreign corporations with total revenues of P1 million or more are also required to submit audited financial statements. Corporations, which do not meet the aforementioned threshold, may submit their AFS duly certified by their treasurer or chief financial officer. All stock and nonstock corporations are required to submit their AFS and GIS online through the SEC Electronic Filing and Submission Tool (eFAST) at efast.sec.gov.ph. The SEC shall not accept submissions over the counter and through courier, in line with the zero-contact policy and automation of business-related transactions mandated by Republic Act No. 11032, or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018. “Filing of reportorial requirements is mandatory and must be faithfully complied with every year. We urge all corporations to keep track of the deadlines to avoid getting fined for noncompliance,” SEC Chairperson Emilio B. Aquino said. “The SEC is likewise authorized to suspend or revoke the corporate registration of duly registered companies for repeated failure to submit reports. We will be strictly implementing this authority as part of our efforts to enhance regulatory oversight over the corporate sector,” he added. AFS deadline All corporations, including branch offices, representative offices, regional headquarters and regional operating headquarters of foreign corporations Page 2 of 3 whose fiscal years ended on December 31, 2024 shall file their AFS according to the following schedule based on the last digit of their respective registration or license number: Submission Dates Last Digit of SEC Registration/ License Number All corporations may file their AFS before the first day of their respective coding schedules, regardless of the last numerical digit of their registration or license numbers. Corporations registered through the SEC Extension Offices shall follow the same schedule. A corporation whose fiscal year ended on a date other than December 31, 2024 shall file its AFS within 120 calendar days from the end of its fiscal year. The annual reports of brokers and dealers whose fiscal year ended on December 31 must be filed on April 30, while those with fiscal years ending on a date other than December 31 shall file their reports 110 calendar days after the close of their respective fiscal year. Corporations whose securities are listed on the Philippine Stock Exchange (PSE), those whose securities are registered but not listed on the PSE, those considered as public companies, and those covered under Section 17.2 of Republic Act No. 8799, or the Securities Regulation Code (SRC), shall file their AFS within 105 calendar days after the end of their respective fiscal years, as an attachment to their annual reports. Further, corporations whose AFS are being audited by the Commission on Audit (COA) are exempted from the aforementioned deadlines, provided they attach to their AFS a duly signed affidavit attesting that they timely provided the COA with the financial statements and supporting documents and that the COA audit has just been concluded, as well as a letter from the COA confirming such information. Page 3 of 3 Failure to follow the formal requirements prescribed under Revised SRC Rule 68 shall be considered a sufficient ground for the imposition of penalties by the SEC. The acceptance and receipt by the Commission of the financial statements shall be without prejudice to such penalties. GIS deadline Meanwhile, the GIS must be filed within 30 calendar days from the date of the actual annual stockholders’ meeting for stock corporations, from the date of actual annual members meeting for non-stock corporations, and from the anniversary date of the issuance of the SEC license for foreign corporations. The respective GIS forms for stock corporations, nonstock corporations, branch offices and representative offices of foreign corporations, and regional operating headquarters and regional headquarters of multinational companies may be downloaded from the SEC website. OPCs are not required to submit the GIS. However, they must submit the SEC Form for Appointment of Officers within 15 days from the date of issuance of their certificate of incorporation, or within five days from subsequent changes.              

Globe provides free roaming services to Filipinos in quake-hit Myanmar,Thailand,Vietnam

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Globe is providing free roaming services to Filipinos in Myanmar, Thailand, and Vietnam in the wake of a destructive quake that struck the region Friday. This immediate assistance will help Filipinos in affected areas reach their loved ones and access essential services. Starting Friday evening, March 28, Filipinos in Myanmar will receive Php500 worth of roaming credits for outgoing calls, receiving incoming calls, and sending SMS to their loved ones.  Globe Prepaid and TM users will receive the support in the form of prepaid load, while Globe Postpaid users will get a bill adjustment. Meanwhile, all Globe customers in Thailand and Vietnam can access 1GB of data, 15 minutes of calls, and 15 SMS credits, all valid for 7 days. There is no registration needed as the goodwill offer will be automatically seeded to customers detected in these countries. A confirmation message will be sent advising them that the free roaming offer is ready for use. To avail of these free roaming services, Globe Prepaid, TM and Postpaid customers must connect to the following partner networks: Myanmar:Telenor/Atom or MPT Thailand:AIS or DTAC Vietnam: Mobifone or Viettel “We understand the importance of staying connected, especially in the wake of a disaster. By providing free roaming services to Filipinos in Myanmar, Thailand, and Vietnam, Globe ensures that our customers have a reliable means to reach their loved ones and access critical emergency information. We hope and pray for everyone’s safety during this difficult time,” said Paula Rivera-Castillo, Head of Globe International Business.    

Casino Plus Grand Jackpot: Gut Feeling na nauwi sa pagkakasungkit ng ₱30M na Jackpot Prize

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MANILA, Philippines – Nasungkit ng isang adult player mula Luzon ang tumataginting na ₱30,363,000 mula sa Casino Plus Online Baccarat Grand Jackpot matapos nitong sundin and kanyang intuwisyon na tumaya. “Ginising ko ang asawa ko. Sabi ko, ‘Totoo ba ‘to?’” aniya, tila panaginip pa rin ang pagkapanalo. Dagdag pa nito, hindi raw araw-araw ang kanyang paglalaro, kontrolado at may disiplina pa din sa kanyang bawat pagtaya. “Usually once or twice a week lang ako. Pero that time, nakita kong wala pang nanalo sa Grand Jackpot, kaya nag-deposit ako at sinubukan.” Bago pa mangyari ang nasabing pagkapanalo, nakamit na din niya ang isang minor prize sa Online Baccarat at minsan na ring napalago ang kanyang dalawang libong piso (₱2,000) na taya na umabot sa isang milyong piso (₱1,000,000), na siyang naging dahilan kung bakit ipinagpatuloy nito ang pagtaya sa nasabing laro.  Paglilinaw niya, disiplina at tamang mindset ang susi. Bukod sa pagsuporta sa pamilya at pag-iipon, pagpapalawak ng negosyo ang kanilang pangunahing prayoridad na paglalaanan ng kanyang napanalunan. Dahil para sa kanya, “Sa business, may good days at bad days. At least ngayon, mayback-up na ako.” Ngunit sa kabila ng tagumpay, hindi niya itinangging may pagdududa siya sa mga online platform noon, na kalaunan ay nagbago matapos ang lahat ng karanasan niya sa paglalaro sa Casino Plus. Pagdidiin niya, “May mga artista na endorser, at ‘yung live dealer setup — kita mong real, hindi parang machine lang. Kaya ngayon, masasabi kong fair at legit ang platform.” Sa kasalukuyan, itinala angCasino Plus na may pinakamalaking Online Baccarat jackpot sa kasaysayan ng Pilipinas na nagkakahalaga ng ₱102,576,582.94, kung saan labing isang jackpot winners ang naghati-hati rito. Bukod sa ₱30 milyon na jackpot winner na binanggit, ang iba pang sampung nanalo ay nag-uwi naman ng premyong mula ₱3.7 milyon hanggang mahigit ₱22 milyon kada isa. Maituturing itong patunay na malaki ang tiwalang ibinibigay ng mga manlalaro sa Casino Plus. Samantala, tampok ang bagong VIP exclusive tables, Good Trends at Multi-table betting code na ilulunsad ng Casino Plus namagbibigay ng mas magandang kalidad na siguradong magugustuhan ng lahat. Layunin nitong mas pagandahin pa ang gameplay para sa mga manlalaro. Sa katunayan, nakilala ang Casino Plus dahil sa mga naka aaliw at kakaibang laro nito. Matatandaang mula nakaraang taon (2024), mahigit apat na daang (400) jackpot prizes na hindi bababa sa isang milyon (₱1 milyon) ang naipamahagi na ng Casino Plus, ito ay may kabuuang halagang higit sa tatlong bilyong piso (₱3 bilyon). Isa lamang itong patunay na ang Casino Plus ang isa sa naging pamantayan sa pamamahagi ng pinakamalaking papremyo at pinaka-pinagkakatiwalaang online casino platform sa Pilipinas.

Globe equips 3,000 students with digital safety lessons

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  Over 3,000 students from 15 schools across the country are now equipped with knowledge on digital safety, cybersecurity, and responsible AI use after taking part in Globe’s Digital Thumbprint Program (DTP) Learning Sessions in February, in line with the company’s long-going Safer Internet campaign. In keeping with its advocacy on responsible digital citizenship, Globe mobilized employee volunteers in the February rollout of DTP, in support of the Safer Internet Day theme “Digital Bayanihan, para Kabataang Ligtas at Protektado Online.” “Globe remains steadfast in its mission to create a secure and responsible digital space for Filipinos. By bringing DTP to the ground and educating the youth on cybersecurity and responsible AI use, we empower them to make informed choices and protect themselves online,” said Yoly Crisanto, Globe’s Chief Sustainability and Corporate Communications Officer. For this year’s commemoration of Safer Internet Month, Globe collaborated with the National Coordination Center Against Online Sexual Abuse or Exploitation of Children and Child Sexual Abuse or Exploitation Materials (NCC-OSAEC CSAEM), alongside key government agencies, non-government organizations, and child rights advocates. Among these were the Department of Education, Department of Information and Communications Technology, Department of the Interior and Local Government , Department of Justice, Department of Social Welfare and Development, Philippine Information Agency, the Philippine National Police, Save the Children, Stairway Foundation, Inc., The Asia Foundation – SaferKidsPH, UNICEF, and World Vision Philippines. Globe’s DTP Learning Sessions provided students with hands-on knowledge about cybersecurity, digital responsibility, and AI ethics. Participating institutions included: Computer Arts Technological College, Inc. Rosemont Hills Montessori College St. Vincent College Incorporated Bago City College Foundation University La Salle Ozamis University of Nueva Caceres Ramon Torres National High School Mapua Malayan Eastern Visayas State University Capiz National High School Saint Michael College of Caraga Benguet State University College of IT St. Paul University Philippines University of Southeastern Philippines (USEP) Beyond schools, Globe extended its training to select employees of the Department of Trade and Industry (DTI), reinforcing the importance of digital safety among public sector workers. Amplifying awareness through Team Globe of Good influencers Globe also strengthened its digital safety advocacy through its Globe of Good influencers, who shared engaging content on key online safety topics via social media, including: Recognizing and preventing Online Sexual Abuse and Exploitation of Children (OSAEC) Cybersecurity best practices to safeguard personal information Proper SIM registration procedures to prevent fraud and unauthorized use Reporting spam and scam messages for a safer digital environment Reporting Channels for OSAEC and CSAEM in the Philippines If you suspect or witness cases of Online Sexual Abuse and Exploitation of Children (OSAEC) or Child Sexual Abuse and Exploitation Material (CSAEM), you may report them through the following channels: Inter-Agency Council Against Trafficking (IACAT): 1343 Action Line or report@iacat.gov.ph Philippine National Police – Women and Children Protection Center: (02) 8532-6690 Department of Social Welfare and Development (DSWD): 911 or 8888 National Bureau of Investigation – Anti-Human Trafficking Division: (02) 8525-4093   Globe continues to drive awareness and education efforts on digital safety, reinforcing its contribution to United Nations Sustainable Development Goals (SDGs) No. 11 (Sustainable Cities and Communities) and No. 17 (Partnerships for the Goals). Through its sustained efforts, Globe hopes to bridge digital literacy gaps and protect communities from the rising threats of online exploitation.

Globe recognized for network consistency, AI enablement at MWC

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Globe reaffirmed its position as a leader in digital connectivity and innovation after being recognized for network consistency and AI enablement at the recently held Mobile World Congress (MWC), the world’s largest and most influential connectivity event. Globe received Ookla®’s Speedtest Verified™ claim for the Most Consistent Network in the Philippines from 2022 to 2024, reinforcing its commitment to delivering reliable connectivity to Filipinos. The recognition, based on real-world data from user-initiated Speedtest® results highlights Globe’s excellence in providing a seamless and dependable digital experience across the country. “The Speedtest Verified™ claim from Ookla® is a testament to our relentless effort to ensure that Filipinos have access to stable and high-quality internet services. This drives us to continuously invest in our network and push for innovations that enhance digital access,” said Joel Agustin, Globe’s Head of Service Planning and Engineering. Globe also secured the Excellent All-Optical Network for AI Enablement award at the Green All-Optical Network Forum 2025 during MWC. This accolade recognizes the company’s advancements in all-optical network infrastructure, enabling seamless AI applications and efficient access to computing resources. “We are grateful to receive this award, which affirms our focus on delivering reliable network solutions that cater to the evolving demands of AI applications. As AI adoption accelerates, our all-optical network enables businesses and individuals to thrive in the digital age while supporting the global push for the use of green technology,” Darius Delgado, Globe Chief Commercial Officer. With cutting-edge 400G/800G transmission, all-optical switching, and Optical Transport Network (OTN) expansion, Globe has reinforced its infrastructure to handle the growing demands of AI-driven digital transformation. The company’s all-optical network is also aligned with sustainability goals, offering enhanced energy efficiency and lower power consumption compared to traditional networking technologies. On top of the two awards, Globe was also shortlisted in the Global Mobile Awards for Tech4Good- Outstanding Mobile Contribution to the UN SDGs, cited for its data and AI for Good initiatives that contribute towards developing future tech professionals. Through continuous investment in advanced technologies, Globe remains steadfast in its mission to bridge the digital divide, drive innovation, and provide Filipinos with world-class connectivity solutions.              

Globe Business partners with Zimperium to strengthen mobile security in PH

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As mobile devices and the BYOD (Bring Your Own Device) trend continue to reshape the modern workplace, Globe Business has partnered with Zimperium, a global leader in mobile security, to address the growing cybersecurity risks facing organizations. This collaboration brings advanced Mobile Threat Defense (MTD) solutions to Filipino businesses, providing comprehensive protection against the evolving threat landscape. The partnership was officially launched at Globe Business’s event, “Technically Speaking: Unlocking Your Mobile Potential,” which gathered attendees composed of Chief Information Security Officers (CISO) and experts from IT and security teams across diverse industries such as Financial Services Institutions (FSI), Supply Chain, IT and Business Process Management (IT and BPM), and conglomerates. This launch addresses a critical need in the Philippines, where mobile penetration exceeds 150% and over 70% of Filipino employees use personal devices for work. This widespread mobile adoption, while driving innovation, also increases vulnerability to cyber threats. According to Zimperium’s 2024 Global Mobile Report, the Philippines ranked fourth globally for mobile spyware and malware infections, with nearly 45,000 attacks targeting mobile devices. “The rise of mobile devices and the BYOD framework in the workplace has revolutionized how businesses operate, but it has also introduced new challenges,” said KD Dizon, Head of Globe Business. “Protecting your business is no longer a choice but an imperative. As a trusted enterprise partner in navigating the complex world of mobile security, we are confident that this partnership with Zimperium will equip our customers with the necessary tools to protect their mobile devices and sensitive data while leveraging the advantages of mobile technology securely.” Zimperium MTD offers real-time threat detection using on-device machine learning, which helps prevent attacks such as malware, phishing, network exploits, and device vulnerabilities. This proactive approach protects against zero-day attacks and integrates seamlessly with existing enterprise mobility and security systems. MTD is designed to keep sensitive data safe, secure BYOD environments, and maintain privacy and compliance with industry regulations. By adopting Zimperium’s solutions, businesses can significantly strengthen their mobile security posture, reduce the risk of costly data breaches, and ensure uninterrupted employee productivity. With Zimperium, enterprises can confidently embrace the mobile revolution while ensuring the security of their data, their employees, and their operations. “We are excited to partner with Globe Business to bring Zimperium’s industry-leading mobile security solutions to the Philippines,” said Simon Scaife, Sales Director of Zimperium. “As mobile threats become increasingly sophisticated, businesses must take decisive action to safeguard their security and stay ahead of evolving threats. We are here to provide them peace of mind.”      

STT GDC Philippines transitions to 100% Renewable Energy Operations

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MANILA, Philippines— ST Telemedia Global Data Centres (STT GDC) Philippines has reached a sustainability milestone by transitioning to 100% renewable energy across all its operational data centers in the Philippines. This milestone aligns with Globe’s science-based net-zero targets and STT GDC group’s commitment to achieve carbon neutral operations by 2030. The transition to fully renewable energy for its electricity requirements was accomplished through strategic collaborations with Retail Electricity Suppliers (RES) supplying Renewable Energy (RE) or its equivalent renewable energy certificates. STT GDC also adopted innovative energy solutions, such as utilization of rooftop solar for Electric Vehicle (EV) charging and EV in the operations of the company. “Operating on renewable energy is a significant step forward, showcasing our determination to lead the way in sustainability best practices within the data center industry,” said Carlo Malana, President and CEO of STT GDC Philippines. “We aim to be a catalyst for positive change, inspiring others to embrace renewable energy and contribute to the global push for a low-carbon economy.” STT GDC Philippines remains committed to environmental sustainability within its operations. This commitment is supported by continuous innovation in energy-efficient design, water conservation, and sustainable infrastructure development, guided by globally recognized standards. By building green data centers without compromising performance, STT GDC Philippines offers a valuable option for businesses dedicated to corporate responsibility.            

Hexnode Partners with Globe Business to strengthen endpoint management solutions in the Philippines

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MANILA, Philippines – Hexnode, the award-winning Unified Endpoint Management (UEM) solution by Mitsogo Inc., has announced a strategic partnership with Globe Business, the enterprise arm of Globe Telecom and a leading provider of ICT solutions in the Philippines. This collaboration enhances Globe Business’ portfolio and introduces Hexnode’s advanced UEM features to businesses across the region. The Philippines is advancing its digital transformation agenda through the National Cybersecurity Plan 2023-2028, which emphasizes safeguarding cyberspace and strengthening cybersecurity policies. This strategic initiative underscores the rising demand for secure endpoint management solutions to protect corporate networks and data across industries. Addressing this need, the partnership between Hexnode and Globe Business introduces advanced UEM solutions that empower organizations to bolster security and improve operational efficiency, aligning with the nation’s digital goals. “At Globe Business, we’re committed to empowering Filipino businesses with the most advanced and reliable ICT solutions. Our partnership with Hexnode allows us to offer a comprehensive UEM platform that simplifies device management, strengthens security, and improves operational efficiency. This translates to tangible benefits for our customers, enabling them to focus on what matters most: growing their business,” said KD Dizon, Head of Globe Business. Hexnode provides a comprehensive suite of tools tailored to simplify and optimize device management across all major operating systems. Through this partnership, Globe Business enables its clients to leverage Hexnode’s advanced features such as Patch Management, Remote Monitoring and Management,Application Management, and Identity and Access Management. Additionally, Hexnode’s specialized capabilities, including Kiosk Management, Bring Your Own Device (BYOD) Management, and IoT Device Management, align perfectly with Globe Business’ mission to deliver innovative ICT solutions. These features empower businesses to enhance device security, improve operational workflows, and optimize IT resources as they navigate their digital transformation journeys. For instance, BYOD Management allows employees to securely use their personal devices for work purposes, increasing flexibility and productivity while maintaining corporate security. Keith O Leary, Enterprise Sales Director (ASEAN) at Hexnode, expressed his enthusiasm for the partnership: “This collaboration with Globe Business reaffirms our commitment to empowering businesses in the Philippines with adaptive endpoint management solutions. As organizations in the region increasingly embrace new technology, Hexnode’s extensive capabilities will help them strengthen their IT infrastructure. We are excited to partner with Globe Business to support the ongoing transformation of enterprises across the nation.” This partnership signifies a shared vision of driving technological advancement and innovation in endpoint management. Hexnode and Globe Business are committed to delivering exceptional value to their customers, setting a new benchmark for IT solutions that address the evolving challenges of modern enterprises.                  

Hontiveros seeks joint congressional probe on reported lack of certification for automated election system in May midterms

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Senator Risa Hontiveros today (March 4) called on the Joint Congressional Oversight Committee on the Automated Election System to investigate reports claiming that the Commission on Elections (Comelec) has failed to obtain a legally-mandated certification on the security and accuracy of the automated election system (AES) for the May 12 elections. “Halos 70 araw na lang bago ang election day, kaya dapat agarang kumilos ang Senado at House of Representatives at siguraduhin na nasusunod ang lahat ng mekanismo sa batas para sa malinis at maayos na automated elections. Itong mga napapabalitang isyu ay dapat malinaw na, para walang pangamba o duda ang taumbayan pagdating ng Mayo 12,” Hontiveros said. Hontiveros pointed to reports claiming that the Comelec has yet to comply with Sec. 11 of RA 8436 as amended by RA 9369 or the Election Automation Law, which requires it to obtain a certification from an established international certification entity stating that the country’s AES,  including its hardware and software components, “is operating properly, securely and accurately.” “Under the law, the certification should have been issued ‘not later than three months before the date of the electoral exercises.’ This means that Pro V & V Inc., the international certification entity contracted by Comelec, should have already issued a certification on or before February 12, 2025,” Hontiveros said. “Dapat matanong natin ang Comelec, sa pamamagitan ng joint congressional oversight committee, kung nasaan na ang certification na iyan na nagpapatunay na maayos ang ating automated election system. At kung wala pa ang certification, dapat maipaliwanag nila sa taumbayan kung bakit hindi pa ito nailalabas, sa kabila ng malinaw na deadline sa ilalim ng batas,” she added. Hontiveros said that should Comelec opt to proceed to use the AES without the required certification, they must submit their formal written explanation to the oversight committee in accordance with law. However, she warned that using the AES without certification “would severely affect public confidence in the May 12 elections.” Alongside the topic of AES certification, Hontiveros said that the oversight committee should look into recent claims made by Isabela vice-mayoral candidate Jeryll Respicio about the vulnerability of automated counting machines. The Comelec has since filed a criminal complaint against Respicio in relation to his claims. “The oversight committee can also shed light on alleged vulnerabilities in our AES – especially in procedures related to the counting and transmission of election results. Sana linawin ng Comelec kung dapat nga bang kinakabit lang ang modem sa automated counting machines kung magta-transmit na ito ng election results. Sa unang bersiyon kasi ng Comelec instructions, parang sa testing process pa lang ay ikakabit na ang modem sa automated counting machines at hindi na ito tatanggalin,” Hontiveros said. The senator then said that while Comelec’s campaign against election-related misinformation is a good thing, the commission should not be dismissive of nor hostile to citizens, who in good faith, call out potential means for interference in the country’s automated elections. “When it comes to automated elections, there is no such thing as security through obscurity. We should listen to all stakeholders on how we can improve the security of our votes, even when it takes the form of criticism. Ang pagpuna sa pamahalaan ay obligasyon ng bawat mamamayan, lalo na kung ito ay makakatulong sa malinis na halalan,” Hontiveros concluded.

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