Mastercard names new Asia Pacific president
Mastercard has announced a significant leadership transition in its Asia Pacific operations, with Ari Sarker stepping down as president, Asia Pacific, at the end of 2025. After over a decade in the role, Sarker will assume an advisory position, focusing on strategic initiatives and mentoring to ensure a smooth handover.
Insurer retains strong credit ratings
Malayan Insurance Co., Inc. again secured its position as one of the country's most stable insurers, with AM Best reaffirming its Financial Strength Rating (FSR) of B++ (Good) and a National Scale Rating (NSR) of aa+.PH (Superior) for the 21st consecutive year.
Musk sues Apple, OpenAI over alleged antitrust violations
X Corp. and xAI, two companies of billionaire Elon Musk, have filed a lawsuit in the Texas federal court that accuses Apple Inc. and OpenAI of engaging in anticompetitive practices that allegedly violate U.S. antitrust laws and stifle innovation in the artificial intelligence and mobile app markets.
SEC warns of danger from unregistered crypto platforms targeting Filipinos
The Securities and Exchange Commission (SEC) has raised the alarm over a growing number of unregistered cryptocurrency platforms actively targeting Filipino users.
DILG suspends government work, classes amid rains
The Department of the Interior and Local Government (DILG) announced on Monday the suspension of classes and work in government offices on Tuesday, August 26, in Metro Manila and 14 provinces in Luzon...
