Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

Globe urges PBBM to return KP Bill to Congress, reinforces commitment to inclusive growth

Speaking at the 1H 2025 financial media briefing, Globe reiterated its strong support for inclusive internet access and urged President Ferdinand Marcos Jr. (PBBM) to return the Konektadong Pinoy (KP) Bill to Congress for further refinement, ensuring it fully delivers on its transformative objectives.

The company emphasized that while the KP Bill’s core intent is to make internet access more affordable and universally available for all, this vision can only be achieved with a level playing field across the telecommunications industry.

Globe continues to expand its network and launch innovative digital solutions, fully aligned with the government’s mission to bridge the digital divide and foster inclusive growth.

For years, Globe has championed equitable access to affordable and reliable internet, recognizing connectivity as a cornerstone of national development and social empowerment.

The company fully supports KP Bill’s vision and objectives.  However, it also believes that the bill requires careful revisions, so it can become an even stronger framework to empower every Filipino.

“We are advocating for universal access to affordable and reliable internet. But we believe this bill needs further study and reform. We hope the President understands the concerns raised by many in the industry, including respected voices and notable personalities,” Froilan Castelo, General Counsel at Globe said. “Our key concerns include regulatory imbalance, uneven competition, and the lack of transparency and oversight for new players.”

By linking its solid financial performance to its advocacy for inclusive connectivity, Globe underscored how sustainable business growth fuels greater investment in nationwide digital access and socio-economic progress.

Globe also called for close collaboration between the government, industry stakeholders, and Congress to ensure that the KP Bill not only accelerates connectivity but also integrates vital safeguards for long-term stability, fairness, and security in the digital ecosystem.

“Globe will be in support. If this bill has been returned to Congress, we’ll be in support,” Castelo said.

For more information about Globe’s network security efforts, visit www.globe.com.ph.

Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For more information, send an email to online@bworldonline.com.

Join us on Viber at https://bit.ly/3hv6bLA to get more updates and subscribe to BusinessWorld’s titles and get exclusive content through www.bworld-x.com.

    You May Also Like

    Stock Markets

    STOCK PHOTO | Image by Jcomp from Freepik (Part 1) A Philippine delegation of 42 agribusiness entrepreneurs and academics traveled to Ho Chi Minh from...

    Finance

    In an era where industrial efficiency and intelligent manufacturing are of paramount importance, engineer Andrii Nikulin stands out on the forefront of innovation, having...

    Finance

    The Financial Conduct Authority (FCA) has unveiled long-awaited plans to regulate the booming £13 billion ‘buy now, pay later’ (BNPL) sector — with proposals...

    Finance

    Jeremy Clarkson has launched a scathing attack on UK advertising regulators after his latest beer advert—described as his “most expensive” and “most heartfelt” yet—was...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.