Peninsula Manila Goes Green with MPower Deal
MPower, the retail electricity arm of Manuel V. Pangilinan-led Meralco, has signed a new renewable energy supply contract with The Peninsula Manila, marking a major step in the five-star hotel’s decarbonization strategy.
Malacañang relieves Torre as PNP chief, names successor
Malacañang has officially relieved Police General Nicolas Torre III as Chief of the Philippine National Police (PNP), ending a controversial and high-profile tenure marked by bold...
Keurig Dr Pepper to buy JDE Peet’s for EUR15.7B
Keurig Dr Pepper Inc. said Monday it has entered into a definitive agreement to acquire JDE Peet’s in an all-cash transaction valued at EUR15.7 billion (USD18.2 billion), a...
Mastercard names new Asia Pacific president
Mastercard has announced a significant leadership transition in its Asia Pacific operations, with Ari Sarker stepping down as president, Asia Pacific, at the end of 2025. After over a decade in the role, Sarker will assume an advisory position, focusing on strategic initiatives and mentoring to ensure a smooth handover.
Insurer retains strong credit ratings
Malayan Insurance Co., Inc. again secured its position as one of the country's most stable insurers, with AM Best reaffirming its Financial Strength Rating (FSR) of B++ (Good) and a National Scale Rating (NSR) of aa+.PH (Superior) for the 21st consecutive year.
