Corporate
ADB appoints Jeffries as Philippine director
The Asian Development Bank (ADB) has appointed Andrew Jeffries as its new Country Director for the Philippines. He assumes his new role on Monday, August 18.
SEC mulls term limit for independent directors
The Securities and Exchange Commission (SEC) is pushing for the strict enforcement of a cumulative nine-year term limit for independent directors in publicly listed companies, signaling a stronger stance on corporate governance reform.
PLDT mulls stake sale in data center unit
PLDT Inc. is seriously considering divesting its stake in its data center business, following renewed interest from major multinational firms, according to chairman and CEO Manuel V. Pangilinan.
Ayala Land eyes ₱10B sustainability-linked loan for capex, refinancing
Ayala Land Inc. (ALI) is set to raise ₱10 billion through a sustainability-linked loan (SLL) this month, as part of its broader ₱50 billion capital raising program for the year, according to CFO Augusto D. Bengzon.
FWD, Security Bank launch scholarship for future leaders
FWD Life Insurance (FWD Philippines), in collaboration with Security Bank Foundation, Inc. (SBFI), has launched the FWD–Security Bank Future Leaders College Scholarship Program, aimed at supporting the college education of deserving children of Security Bank agency personnel.
