McDonald’s Cebu stores resume operations after quake
Following the 6.9 magnitude earthquake on September 30, McDonald’s Philippines reported that all employees, managers, and customers are safe. The company reaffirmed that the safety of its people remains its top priority.
Inflation seen at 1.9% in September
Headline inflation likely rose to 1.9 percent in September, driven by higher fish and rice prices, following rains and the government’s rice import suspension.
SEC sets fixed three-year term for independent directors
The Securities and Exchange Commission (SEC) has proposed a new rule requiring independent directors of publicly-listed companies to serve a fixed three-year term, with no possibility of extension beyond nine years.
Oona introduces dual health plans for Filipino families and expats
Fast-growing insurer Oona Insurance unveiled two flagship health products on October 1 aimed at providing Filipinos with tailor-fit protection both at home and abroad.
PNB, PANELCO III seal retirement fund deal
The Philippine National Bank (PSE: PNB), through its Trust Banking Group, has partnered with Pangasinan III Electric Cooperative (PANELCO III) to establish a retirement program for the cooperative’s 346 employees.
