Corporate

East West Banking Corp. plans to raise about P9 billion through a stock rights offering to fund expansion, digital investments, and loan growth as the Filinvest Group’s banking arm positions for its next phase of growth.

Manulife Philippines has earned industry recognition for its digital customer engagement and talent acquisition initiatives, underscoring the insurer’s efforts to make financial planning more accessible while strengthening its workforce.

The IT and Business Process Association of the Philippines (IBPAP) has named Celeste B. Ilagan as its president and CEO-designate, making her the first woman to lead the country’s flagship IT-BPM industry group as artificial intelligence reshapes outsourcing and pushes the sector toward higher-value work.

West Zone concessionaire Maynilad Water Services Inc. has completed upgrades to its South Septage Treatment Facility in Pamplona, Las Piñas City, bringing the site into full compliance with updated Department of Environment and Natural Resources effluent rules. Announced Wednesday, the project began in 2023 and aligns operations with DENR Administrative Order 2016-08 as amended by DAO 2021-19. It is the first of Maynilad’s three septage treatment facilities to be fully upgraded under the latest regulatory standards, with no project cost disclosed.

Omega Healthcare reaffirmed its commitment to Filipino talent while recognizing top employees from its Manila and Cebu centers at the 2026 Omega Global Awards, held at Marco Polo Ortigas. Now in its fifth year in the Philippines and its highest global recognition program, the event honors excellence across the company’s U.S., India, and Philippines operations. Fifty outstanding employees and teams were celebrated across the CREDO and Global Awards categories, acknowledging leadership, service, teamwork, innovation, and operational performance.