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Victor Lee Meng Teck leads Security Bank as president and CEO

Victor Lee Meng Teck has been appointed president and chief executive officer of Security Bank Corporation, assuming the role in January 2026. Based in the Philippines, he now leads the bank’s overall strategy, operations, and growth initiatives in one of Southeast Asia’s key financial markets.

GSIS adopts 4-day on-site workweek to save energy

The Government Service Insurance System (GSIS) will start a four-day on-site workweek on Monday, March 9, 2026 as part of the government’s efforts to conserve energy.

Japan envoy highlights maritime security cooperation at Makati Symposium

Japan Ambassador to the Philippines, Endo Kazuya, on Friday attended a symposium on maritime security titled “Safeguarding the Maritime Domain for the Free and Open Indo-Pacific.” The event was co-hosted by the Japan Institute of International Affairs and the Stratbase Institute for Strategic and International Studies in Makati City.

GCash waives fees for Filipinos in Middle East

GCash will temporarily waive transaction fees for users in the United Arab Emirates, Qatar, Bahrain, Kuwait, Saudi Arabia, and Oman to help overseas Filipinos manage finances amid ongoing developments in the region.

GSIS, JICA push improved valuation of government assets

The Government Service Insurance System (GSIS) and the Japan International Cooperation Agency (JICA) are advancing a project to improve how government assets are valued and insured, following their second Joint Coordinating Committee meeting on March 5.

Just in

AboitizPower sets P62B capex for 2026, focuses on renewables and battery storage

Aboitiz Power Corporation (AboitizPower) and its partners have earmarked P62 billion in capital spending for 2026, with most of the funds going to renewable energy projects and battery energy storage systems (BESS).

AEV keeps guarded optimism for challenging 2026 

Aboitiz Equity Ventures is heading into 2026 with what it calls cautiously optimistic expectations, even as storm clouds gather over the broader economy.

Aboitiz Equity Ventures outlines 2026 investment plan, growth strategy

Aboitiz Equity Ventures (AEV), the Aboitiz Group’s main investment arm, said it is continuing its long-term expansion and value-building plans for 2026, supported by a more diversified portfolio and a strong financial position.

Diesel, kerosene prices drop further; fuel supply improves — DOE

The Department of Energy on Monday (DOE) announced mixed fuel price changes this week, with gasoline prices rising slightly while diesel and kerosene will see significant cuts.
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