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Is soccer big in the Philippines?

Date: 2023-12-09 04:57:41 | Author: Lodiplay L7 | Views: 21467 | Link: Money

DUE to the extended macroeconomic pressures this year, Globe’s service revenue guidance for 2023 has changed from “mid-single digit growth” to “mid-to-low single-digit growth” from 2022 levels fish

This adjustment takes into account the extended inflationary environment that weakened Filipino consumers’ purchasing power, coupled with the continued decline in our legacy broadband business fish

Moreover, its capital expenditure (capex) budget will remain at approximately US$1 fish

3 billion for the continued network expansion and enhancement fish

This is a reduction of over 30 percent from 2022 levels as the company shifts its focus to optimizing capital deployment and bringing free cash flow to more sustainable levels fish

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Following a meeting with the concerned airport authorities of Brussels on the sidelines of the Association of Southeast Asian Nations- European Union (Asean-EU) commemorative summit, Marcos said Europeans visiting Asia particularly in the southeast portion may soon use Manila as an entry point, while Filipinos heading to Europe may fly directly to Belgium to access other destinations particularly in the western area fish

said the Philippine government is working with the airport authorities of Brussels in Belgium for the possible opening of direct flights to and from the country fish

PRESIDENT Ferdinand “Bongbong” Marcos Jr fish

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