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Security Bank Chief Financial Officer JD Yap has been named one of four co-chairs of the newly launched East Asia and Pacific Regional Chapter of the SME Finance Forum, giving the Philippines a seat at the table in regional efforts to expand financing for micro, small, and medium enterprises.

ACEN Corp. is bringing in a new partner for an Indian wind project as the Ayala-led renewable energy company continues expanding its footprint in one of Asia’s fastest-growing clean energy markets.

Jose Rene Gregory D. Almendras has withdrawn his nomination as an independent director of First Philippine Holdings Corp., citing personal circumstances that would prevent him from giving the role the attention and commitment it deserves. 

SM Prime Holdings Inc. expects the SM Seaside Cebu Arena to replicate the growth impact of the Mall of Asia Arena, using the new venue to drive foot traffic, spending, and activity across its Cebu property portfolio.

Aboitiz Economic Estates president and CEO Rafael Fernandez de Mesa sees the government’s Pax Silica initiative as a potential catalyst for Philippine industrialization, particularly as the country seeks to attract higher-value industries and move up the global supply chain.