SEC sets fixed three-year term for independent directors
The Securities and Exchange Commission (SEC) has proposed a new rule requiring independent directors of publicly-listed companies to serve a fixed three-year term, with no possibility of extension beyond nine years.
Oona introduces dual health plans for Filipino families and expats
Fast-growing insurer Oona Insurance unveiled two flagship health products on October 1 aimed at providing Filipinos with tailor-fit protection both at home and abroad.
PNB, PANELCO III seal retirement fund deal
The Philippine National Bank (PSE: PNB), through its Trust Banking Group, has partnered with Pangasinan III Electric Cooperative (PANELCO III) to establish a retirement program for the cooperative’s 346 employees.
Eala outlasts Minnen in Suzhou showdown, enters quarterfinals
Alex Eala is headed to the quarterfinals of the Sozhou WTA 125, but not before surviving a three-set knife fight against Belgium’s Greet Minnen—a seasoned bruiser with a cannon for a serve and just enough wildness to make things interesting.
BSP sees low September inflation
The Bangko Sentral ng Pilipinas (BSP) expects inflation in September to range between 1.5 percent and 2.3 percent, with price pressures from more expensive rice, fish, and domestic fuel likely to be partly offset by declines in vegetable and meat prices and lower electricity rates.
