Security Bank Corp., the country’s seventh-largest lender by assets, said strong revenue growth and improved margins lifted its net income in the first half of the year by 8 percent to P5.9 billion.
Citicore Renewable Energy Corp. (CREC) secured a P4.4 billion project finance loan to support the development of its 125-megaWatt-hour Citicorp Solar Pangasinan project.
Security Bank Corp., the seventh largest lender in the country, moved forward with its organizational transformation, with major leadership changes and the formal creation of its Wealth Segment.
Ninja Van Philippines and Security Bank Corp. have launched a strategic partnership aimed at empowering micro, small, and medium enterprises (MSMEs) in the country.
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.
Accelerating power sector reforms could slash electricity prices, create more than 161,000 jobs and lift about 730,000 Filipinos out of poverty by 2030, with the World Bank arguing that lower energy costs may be one of the country's biggest catalysts for faster and more inclusive economic growth.
Intellectual Property Office of the Philippines (IPOPHL) Director General Teodoro C. Pascua said artificial intelligence could become a powerful engine for transforming Filipino ideas into globally competitive products, provided innovation is matched with stronger protection of intellectual property rights.
The Supreme Court's decision striking down Fisheries Administrative Order No. 266 has cast a wide net over the Philippines' fisheries sector, raising questions that reach well beyond the country's waters.
After hours of weather delays, organizers of the Mubadala DC Open postponed the women's singles final between Alex Eala and Jessica Pegula to noon Monday (midnight Tuesday in Manila) to allow the championship match to resume under safer conditions. Play was repeatedly interrupted by rain, forcing officials to suspend action for the safety of players and spectators. World No. 3 and top seed Pegula rallied from an early 3-4 deficit to capture the opening set, 6-4. Eala responded by taking the first game of the second set and built a 2-1 lead before another downpour halted play once again. Organizers said Sunday’s tickets will be honored while 1,000 more will be offered to fans who want to watch the finals.