Tag: Dividend Policy

Security Bank Corp. has launched a fixed-rate peso bond offering with a minimum issue size of P5 billion and an option to increase through oversubscription. The bonds, part of the bank’s P200-billion peso bond and commercial papers program, will have a five-year tenor and offer a fixed annual interest rate of 6 percent. The public offering runs from September 22 to October 17, 2025, with a minimum investment of P500,000 and increments of P100,000.

Grab Philippines has marked the first anniversary of GrabTrike operations in Zamboanga with the local expansion of its flagship livelihood initiative, Grab Asenso: A Digital Diskarte Program. The initiative focuses on equipping traditional transport workers—particularly tricycle drivers—with digital tools and skills to improve their services and boost daily income.

The Manila Electric Company (Meralco) has assured customers that its response teams are ready to address power-related issues as Super Typhoon Nando (international name: Ragasa) brings heavy rains and potential flooding to parts of its franchise area. With tropical cyclone warning signals raised and intensified southwest monsoon rains expected, Meralco said it is closely monitoring the weather to ensure swift action.