Skip to main content

Globe Telecom among 50 best in ASEAN Corporate Governance

Globe Telecom made it to the top 50 publicly-listed companies (PLCs) in the Association of Southeast Asian Nations (ASEAN) for excellent performance in the ASEAN Corporate Governance Scorecard (ACGS). This is a testament to the company’s commitment to good governance principles to create shared value for all stakeholders. 
Globe SVP for Law and Compliance, Chief Compliance Officer and Assistant Corporate Secretary Marisalve Ciocson-Co (3rd to the right) receives the award for Globe at the 2nd ASEAN Corporate Governance Awards Ceremony at Kuala Lumpur Convention Center in Malaysia
The prestigious award was conferred by the ASEAN Capital Markets Forum (ACMF) at the ASEAN Corporate Governance Awards ceremony on November 21, 2018 in Kuala Lumpur, Malaysia. ACGS assessed close to 600 publicly-listed companies for their corporate governance practices which aim to protect their firms from financial crises and promote greater capital market development.


“The key is finding the equilibrium between governance and business. We believe that finding the right balance is the crux to sustainability and shareholder value,” said Marisalve Ciocson-Co, Globe Senior Vice-President for Law and Compliance, Chief Compliance Officer and Assistant Corporate Secretary.

The ACGS is an instrument for the assessment and ranking of PLCs among participating countries, namely: Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam. This initiative was developed in 2011 by the ACMF and in collaboration with the Asian Development Bank. The scorecard is also aligned with the corporate governance principles by the Organisation for Economic Cooperation and Development (OECD).

Assessment of listed firms under ACGS underwent a rigorous two-stage process: local assessment conducted by domestic ranking body (DRB) assessing and ranking their respective Philippine listed firms, as well as a peer review by other DRBs assessing listed companies from other countries. This is then followed by a series of dialogues and discussions among DRBs and the ACGS working group to reconcile differences and discrepancies in assessments and scores.

Globe has been consistently recognized as one of the top listed firms in ASEAN since the 2015 ACGS run. ACGS compliance is spearheaded by Globe Corporate and Legal Services Group and Globe Chief Compliance Officer Ciocson-Co. Other companies recognized in the Top 50 were Singapore Telecommunications Limited (Singtel), Ayala Corporation, Ayala Land, Inc., and Manila Water Company, Inc.

Comments

Post a Comment

Check out more...

The Little Mermaid’ makes a splash onto the screens of SM Cinemas

The much-awaited live-action reimagination of Disney’s classic, ‘The Little Mermaid,’ is currently showing at SM Cinemas nationwide.  Dive into a world of underwater adventure, finding love, and realizing dreams with Ariel, portrayed by American singer-songwriter, Halle Bailey. Swim with the young mermaid as she trades her voice for legs so she can discover the world above water. At SM Cinemas, movie screens are equipped with cutting-edge technology that offers the highest quality of pictures and sounds. Be a part of Ariel’s world through the SM IMAX experience of crystal-clear scenes, with a wider view of life under the sea. Watch films on a state-of-the-art screen that is twice the size of a regular cinema where one can feel the crashing waves through a cinematic surround sound system. The comfort and convenience of moviegoers have always been a top priority. The plush seating, spacious theaters, and efficient ticketing systems ensure that the movie-watching experience is hassle-free
Post a Comment
Read more

Enjoy an all-in-one Unli Internet plan at home with PLDT Home

What  better way to  enjoy everything at home  with a broadband plan that  gives   you an  all-in-one unlimited  access to  the  internet,  Pay  TV, and  mobile services .    The new  PLDT Home  Fiber  Unli  All plan  offer s  the best value for money  with a bundled package that comes with unlimited fiber internet,  unlimited entertainment content from Cignal TV, and unlimited calls to PLDT, Smar t a nd TNT.    Here’s a quick breakdown of the new Fiber  Unli  All plans available and their internet speeds: Whether you   want to stream your favorite videos, TV series, and movies ,  the  new Fiber  Unli  All plans deliver what  the whole family wants  with the fast broadband internet and a wide range of  entertainment  options on premium  Pay  TV.  With the Philippines’ largest  Pay  TV provider   Cignal ,  the new Fiber  Unli All plans also give families a wide selection of high-definition channels and content ranging from sports, kids, and documentaries.   The Fiber Unli All plans are
Post a Comment
Read more

5 moments that made the 2022-23 NBA Season epic

Rewatch the season that was – and more – with NBA League Pass powered by PLDT Home!   The 2022-23 NBA season has been nothing short of epic. From the league’s best players cementing their legacies to teams achieving historic feats, the NBA has provided some of the best storylines throughout the year – all of which Filipino fans can revisit through NBA League Pass powered by PLDT Home. As the season culminated with the Denver Nuggets dominating over Miami Heat, 4-1, here’s a look back at some of its best moments: 1.  Big trades shock the league An NBA season isn’t complete without teams making huge moves before and at the league’s trade deadline. The Dallas Mavericks made the first big move, trading Spencer Dinwiddie and Dorian Finney-Smith to the Brooklyn Nets for Kyrie Irving, adding another superstar to their team to back up Slovenian superstar Luka Doncic.   However, the biggest trade was completed during the deadline, when the Phoenix Suns landed Kevin Durant in a massive four-team
Post a Comment
Read more

Enjoy up to 29% OFF on select realme smartphones this 6.6. TikTok Birthday Sale

Don’t miss out on BIG discounts as realme celebrates TikTok 6.6 Birthday Sale! It’s finally TikTok’s 6.6 Birthday Sale and realme Philippines goes all-in to celebrate with whopping discount offerings from June 1-8 only.  Mark your calendars and get up to 29% OFF on select realme  smartphones and up to 40%  on select realme AIoT products. On top of this, the Squad is also in for a treat since they can take home exciting freebies all-week long!  From June 1-8, every purchase of the real me  C35 (4GB+128GB)  comes with a FREE TechLife Buds Classic, while anybody who will avail the  realme C33 (4GB+64GB)  will get a C-Series Tempered Glass as a freebie. To make things even more thrilling, the first few customers to buy a realme 10 Pro+ 5G (12GB+256GB) from  June 4-8  will get their very own realme Watch 3 for FREE . Additionally, everyone will also get a FREE TechLife Power Bank 100000mAh for each purchase of realme 10 (8GB+128GB), realme 10 (8GB+256GB), realme 10 Pro 5G (8GB+256GB), and r
Post a Comment
Read more

#Gcash users can now go cashless on their next Euro trip thanks to Alipay+ partnership

GCash users can now opt for a hassle-free, cashless payment method on their next Euro trip as the Philippines’ leading mobile wallet is now accepted in Europe’s top travel destinations, including the United Kingdom, France, Germany, and Italy. This cross-border payment service is part of the e-wallet’s strengthened collaboration and partnership with Alipay+ to offer a seamless and secure payment experience, as well as real-time foreign exchange (forex) with no service fee, allowing customers to a hassle-free and rewarding travel experience abroad. Among the key merchants and stores that can accept GCash via Alipay+ are Harrods, Liberty London, and Harvey Nichols in the UK; Printemps in France; Müller and dm-drogerie markt in Germany; as well as itTaxi, and IVS Group, the leader in the vending machines market, in Italy. “In line with our fervent commitment to make our customers’ everyday lives better and more convenient, we want to make sure that they can maximize their GCash account no
Post a Comment
Read more