New SEC chair steps down from listed firms’ boards
Lawyer Francis Ed. Lim has stepped down from the boards of several publicly listed companies following his appointment as chairman of the Securities and Exchange Commission (SEC), the primary regulatory body overseeing the corporate sector and capital markets.
FIRB grants ₱20.9-B tax subsidy to boost public services
The Fiscal Incentives Review Board (FIRB), chaired by Finance Secretary Ralph G. Recto, has approved ₱20.9 billion in tax subsidies for government institutions for fiscal years 2024 and 2025. The move aims to enhance public service delivery by allowing agencies to redirect resources from tax obligations to operational efficiency.
Hotel101 Madrid mamed official F1 partner
Hotel101 Global, a subsidiary of DoubleDragon Corporation, has secured a 10-year partnership with MATCH Hospitality, naming Hotel101 Madrid as the official hotel accommodation partner for the Formula 1 Spanish Grand Prix in Madrid from 2026 to 2035.
Satellite tech powers new PH crop insurance system
The government, in partnership with the International Rice Research Institute (IRRI) and allied organizations, has launched a pilot project for satellite-based crop insurance and agro-advisory services aimed at strengthening climate resilience in the agriculture sector.
EastWest champions legacy planning for family enterprises
EastWest Bank has convened a high-level forum focused on family enterprise strategy and succession planning. The event gathered clients from EastWest’s priority, retail, and corporate banking segments, offering a structured platform to address leadership transitions and intergenerational governance.
