Victor Lee to succeed Sanjiv Vohra as Security Bank CEO
Security Bank has named Victor Lee Meng Teck as its incoming president and chief executive officer (CEO), effective in early January 2026. Lee, a seasoned Singaporean banker with over 30 years of experience, will succeed Sanjiv Vohra, who has led the bank through significant transformation during his tenure.
Safeguard duty seen as lifeline for local cement industry
The proposed safeguard duty on imported cement is drawing strong support from industry and business groups, who claim it will not trigger price hikes but is essential to protecting the local cement industry and jobs.
GSIS celebrates History Month with engaging festivities
The Government Service Insurance System (GSIS) celebrated History Month with a vibrant Historians’ Fair from August 7 to 9, 2025, at its Pasay City gymnasium.
DA cheers House nod on P216.1B 2026 budget
The Department of Agriculture (DA) welcomed the House of Representatives’ approval on Monday of its proposed P216.1 billion budget for 2026—a P39.4 billion increase from the original P176.7 billion allocation.
August exports rise, but imports drag trade down
Philippine exports in August 2025 rose 4.6 percent year-on-year to USD7.06 billion, led by electronics, gold, and mineral products—offering a bright spot amid weakening global trade.
