Security Bank Corp. received prestigious recognition for exceptional fund management at the CFA Society Philippines' Vision 2025 event, which also featured the 10th Annual Best Managed Fund of the Year Awards.
Security Bank recently relocated its Taft-Vito Cruz branch in Manila to a better space in 2 Torre Lorenzo and opened its Uptown IT Hub branch in Tagbilaran City, Bohol in the Visayas.
The Tourism Promotions Board (TPB), an attached agency of the Department of Tourism (DOT), has completed its Philippine Business Mission to Korea 2025, generating P522.29 million in sales leads aimed at boosting travel from South Korea to the Philippines.
BDO Unibank has led a ₱50-billion financing deal that allowed Prime Infra to acquire a 60 percent controlling stake in the gas assets of First Gen Corporation, marking one of the country's biggest energy transactions in recent years.
The Philippine government may soon be forced to confront tough fiscal trade-offs as national debt levels move further beyond what economists consider sustainable, a former Bangko Sentral ng Pilipinas (BSP) official warned.
The Philippine Competition Commission (PCC) has cleared the proposed sale by the Power Sector Assets and Liabilities Management (PSALM) Corporation of the Caliraya, Botocan, and Kalayaan pumped storage power plants to Cleanergy 9 Power Inc., an Aboitiz Group unit—subject to binding safeguards to protect competition in the Luzon power market.