Corporate
Security Bank opens 361st branch in Naic, Cavite
Security Bank Corp. has officially opened its 361st branch in Naic, Cavite, further expanding its reach in Southern Luzon and bringing its “BetterBanking” experience to more communities.
New Pru Life plan targets wealthy Filipino
Pru Life UK has introduced PRUWealth 10, a limited-time life insurance plan designed for affluent and high-net-worth Filipinos aged 55 to 65, offering a blend of guaranteed income, long-term coverage, and flexible access to cash value.
SM Hotels turn used linens into eco-friendly products
SM Hotels and Convention Centers, part of SM Prime Holdings Inc., on Thursday announced the recycling of more than 10,000 yards of used hotel linens through its sustainability initiative launched in 2024. The volume, equivalent to fabric for over 500 hotel rooms, demonstrates the environmental and social benefits of circular design.
Megaworld reinvests P2.21B in MREIT projects
Megaworld Corp., the property arm of billionaire Andrew Tan, announced it will reinvest P2.21 billion into township development projects under its real estate investment trust (REIT) vehicle, MREIT Inc. The move follows the sale of 168.6 million MREIT common shares, averaging P13.28 per share, which generated the reinvestment proceeds.
Megawide launches P2B share buyback program
Megawide Corp. has joined the growing list of Philippine listed firms initiating share buyback programs, announcing a P2 billion plan to repurchase its common shares on the open market.
