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Mimecast names Douglas CCRO

Mimecast, a global leader in cybersecurity focused on securing human risk, has appointed Graham Douglas as its new chief customer & revenue officer (CCRO). The move consolidates leadership over customer success, sales, and go-to-market operations under one role, signaling a sharpened focus on integrated global growth and customer value delivery.

ASEAN growth outlook in focus amid global shifts, say experts at Security Bank forum

Global trade tensions and shifting U.S. policies are reshaping growth opportunities in ASEAN, including the Philippines, according to speakers at the 15th Security Bank Economic Forum held this week.

Beige Book reinforces prospects of further Fed rate cut

With official jobs data unavailable due to the US government shutdown since October 1, markets turned to the Federal Reserve’s Beige Book for a pulse on the economy. It merely confirmed what previous official data showed—tepid business and economic activity that had earlier spurred the Fed to cut interest rates in hopes of jumpstarting a muted labor market.

Gold hits USD4,300 on trade jitters, possible Fed rate cut

Gold soared to a fresh record above USD4,300 an ounce Thursday, rallying for a fourth straight session as investors piled into safe havens amid deepening US-China tensions and growing bets on Federal Reserve rate cuts.

Court freezes bank, insurance assets linked to flood control project irregularities

The Court of Appeals (CA) has ordered the freezing of bank accounts and insurance policies held by individuals and corporations allegedly involved in anomalous flood control projects.

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DOE, French firm push hydrogen power in PH

The Department of Energy (DOE) and French firm Hydrogène de France Energy are optimistic about using hydrogen for cleaner energy generation in the Philippines.

House impeaches VP Duterte anew

Vice President Sara Duterte was impeached anew by the House of Representatives on Monday, after 255 lawmakers endorsed the complaint resolution that will be transmitted to the Senate for trial. The total was more than double the minimum requirement of 106 votes and 40 higher than the 215 votes that backed a largely similar complaint last year, which was later stopped by the Supreme Court from proceeding to a Senate trial. During Monday’s vote, 26 lawmakers voted against the impeachment resolution, while nine abstained. Duterte was impeached over allegations of unexplained wealth, betrayal of public trust, graft, and misuse of confidential funds. The vote came shortly after a change in leadership in the Senate.

ACEN Australia unit reaches financial close for solar project

ACEN Corp. said its Australian subsidiary, Yindjibarndi Energy Corp. (YEC), has secured financial close for the Jinbi solar project in the Pilbara region, allowing construction to begin.

 Seven nations join Luzon Corridor Infrastructure push

The Luzon Economic Corridor (LEC), the Philippines’ flagship trilateral infrastructure initiative with the US and Japan, is gaining momentum with seven new international partners, signaling growing global confidence in the country’s role as an Indo-Pacific investment hub.
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