Corporate

PhilWeb Corp. announced Tuesday it has returned to profitability in the first half of the year, posting net income of P60.96 million — a turnaround from the P41.76 million loss recorded in the same period last year.

BPI AIA Life Assurance Corp. has appointed Melissa Henson as its new chief executive officer, putting an executive with nearly two decades of banking and insurance experience at the helm as the bancassurance company enters its next phase of growth.

Wilcon Depot Inc. reported on Tuesday that its net income for the first half of the year increased by 3 percent to P1.2 billion, up from P1.16 billion a year earlier, reflecting signs of stabilized operations.

P&A Grant Thornton (Punongbayan and Araullo) has signed a memorandum of understanding with the Philippine Economic Zone Authority (PEZA) to boost knowledge-sharing and capability-building programs for PEZA staff, registered firms, and ecozone industry stakeholders.

The Bangko Sentral ng Pilipinas (BSP) recently hosted an immersive learning session to help suppliers better understand its procurement process, encouraging more participation and ensuring fair competition. Held on July 22 and 23, 2026, the event gathered over 170 participants who took part in simulation exercises to get familiar with bidding procedures and compliance rules.