Corporate

Isla Lipana & Co./PwC Philippines has admitted four new partners effective July 1, strengthening its assurance practice as demand grows for more sophisticated audit, risk and governance services amid an increasingly complex business environment.

The Metropolitan Waterworks and Sewerage System (MWSS) on Wednesday assured the public that authorities are fully monitoring Angat Dam’s water situation, even as its level fell below the 160-meter critical mark. As of 8 a.m. Wednesday, data from the National Power Corporation (NPC) recorded the dam’s elevation at 159.9 meters.

San Miguel Corporation (SMC) distributed P1.43 trillion of its P1.5 trillion total revenue in 2025 back into the Philippine economy, according to its latest Sustainability Report. That amount represents about 95 percent of what the company earned last year.

South Asialink Finance Corp. (SAFC) has named Maricel D. Dejongoy as its new President and Chief Executive Officer, betting on an experienced insider to lead the lender's next phase of growth and deepen its financial inclusion efforts.

As organizations aggressively scale up artificial intelligence and advanced technologies, the necessity of internal audit has shifted from a routine compliance check to a critical strategic safeguard. A joint forum marking International Internal Audit Awareness Month—spearheaded by the Internal Audit Groups of PLDT Inc., Smart Communications, Inc., the MVP Group, and JG Summit Holdings—brought together industry leaders to address a pivotal corporate challenge: ensuring rapid technological systems work as intended without causing harm.