Corporate

Bank of Commerce, the country’s 15th largest lender and a member of the San Miguel Group, said its board has elected Antonio Abacan Jr. as an independent director to serve the unfinished term of  Rebecca Maria Ynares, who has resigned.

Robinsons Retail Holdings Inc. (RRHI) reported a 67 percent decline in attributable net income to ₱2.25 billion in the first half of 2025, compared to ₱6.8 billion a year earlier, driven by the absence of a one-time gain from the Bank of the Philippine Islands–Robinsons Bank merger recorded in early 2024.

Foodpanda Logistics Philippines has distributed over P2.5 million in relief aid to more than 5,000 partner riders impacted by recent severe weather disturbances, including the enhanced southwest monsoon (habagat) and successive typhoons Crising, Dante, and Emong.

At the G Summit 2025, Globe Business underscored its strategy to help enterprises achieve smarter and more secure operations through integrated cloud solutions.

The Securities and Exchange Commission (SEC) has intensified its enforcement against illegal lending practices, revoking the corporate registration and secondary license of Convenience Cash Lending Corp. for employing abusive debt collection methods, in a move that underscores its commitment to consumer protection.