Kia Batangas City to open on June 15

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Globe: Corporate data segment revenues up 15% in January-March

GLOBE Telecom Inc. said on Monday the “impressive performance” of its corporate data business is a step on the “right track” to become the “leading enabler of the digital lifestyle and commerce in the Philippines.”

In a statement, Globe President Ernest Cu said the corporate data vertical generated P4.5 billion in revenues in the first three months of 2023, a 15-percent increase from the year prior.

This was mainly driven by the strong traction from its information and communications technology (ICT) services, a segment that recorded a 52-percent growth thanks to the growing demand for solutions such as cybersecurity, business applications, cloud, and data center.

“We strive to be the leading enabler of the digital lifestyle and commerce in the Philippines. The impressive performance of our corporate data segment is a clear indication that we are on the right track. We are dedicated to delivering innovative and reliable ICT solutions to our customers and driving further growth in this vital aspect of our business,” Cu said. He added that investing in ICT infrastructure and digital transformation initiatives, enabled Globe “to seize the expanding market for technology-driven services and maintain its competitive edge.”

In the first quarter of, Globe saw its net income decline by 47 percent to P7.3 billion from P13.7 billion, largely because of the onetime gain it posted the year prior from the sale of its data center.

The company’s core net income was flat at P5.1 billion.

In February, Globe reported that its profits rose by almost half in 2022 mainly due to an all-time high topline and the partial sale of its tower assets and its data center business.

In a disclosure to the stock exchange, the Ayala-led telco reported that its full-year 2022 net income reached P34.6 billion, or 46 percent higher than the previous year’s P23.7 billion.

The mobile operator’s consolidated revenues were up 4 percent to P158 billion, an all-time high, fueled by both corporate data and mobile services.

Lorenz S. Marasigan

PRIME Legacy Motors Inc., a member of the ALC Group of Companies, is delighted to announce the grand opening of Kia Batangas City, happening on June 15, 2023. Situated within the largest transportation terminal in the Province of Batangas, the dealership promises to provide exceptional services and a memorable car-buying experience to its valued customers.

The dealership will feature a stateof-the-art showroom, designed to provide an immersive experience for visitors. With a comprehensive range of Kia vehicles on display, customers can explore the latest models and make informed decisions.

Understanding the importance of customer comfort, Kia Batangas City will boast a cozy customer lounge where clients can relax while exploring their options or waiting for their vehicles to be serviced. In addition, the dealership will house a top-notch service center, equipped with efficient technology and staffed by skilled professionals. Clients can rest assured that their vehicles will receive exceptional care, genuine parts, and meticulous maintenance services. The grand opening ceremony of Kia Batangas City is expected to be graced by distinguished guests, including executives from Kia Philippines Motor Corporation led by President Manny A. Aligada, ALC Group of Companies Chairman D. Edgard A. Cabangon, Prime Legacy Motors Inc. Chairman and CEO D.

Edward A. Cabangon, and Prime Legacy Motors Inc. Director D. Arnold A. Cabangon. Provincial and local government officials, including Batangas 5th District Representative Mario Vittorio “Marvey” Mariño and Mayor Beverley Rose A. Dimacuha are also expected to witness this milestone.

Prime Legacy Motors, Inc. is honored to be granted a dealership license by Kia Philippines Motor Corporation in 2021. It is a member of the ALC Group of Companies founded by the late Ambassador Antonio L. Cabangon Chua, which is the home of some renowned brands in various industries including insurance, banking and finance, pre-need, memorial care, hotels, and media, among others.