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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

RRHI profit drops 35% in Q1 on higher costs

Robinsons Retail Holdings Inc. (RRHI) reported a 35 percent drop in net income for the first quarter, falling to ₱489 million from ₱759.78 million a year earlier, mainly due to higher interest expenses linked to its reacquisition of shares from DFI Group.

Fuel prices seen rising again next week

A local fuel retailer said gasoline and diesel prices iare likely to increase again next week due to ongoing tensions between the United States and Iran.

Stronger dry-season rice harvest expected as palay prices recover

The Department of Agriculture (DA) expects a stronger rice harvest this dry season, helped by the recent increase in palay (unmilled rice) prices.

S.P. Madrid taps PLDT Enterprise for nationwide push

Credit recovery and financial services firm S.P. Madrid Corporation is expanding its operations nationwide through a partnership with PLDT Enterprise to improve connectivity and data security.
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