Security Bank Chief Financial Officer JD Yap has been named one of four co-chairs of the newly launched East Asia and Pacific Regional Chapter of the SME Finance Forum, giving the Philippines a seat at the table in regional efforts to expand financing for micro, small, and medium enterprises.
Security Bank Corp. posted stronger first-quarter earnings as higher revenues and tighter cost controls boosted core profitability, even as the lender increased provisions to cushion against evolving market risks.
Security Bank Corp., the country’s 7th largest lender, delivered solid topline momentum in 2025, posting total revenues of P66.9 billion, up 22 percent year on year, as diversified income streams and steady core lending activity powered results.
Global financial institutions are deepening ties with the Department of Trade and Industry (DTI) to accelerate Philippine startup growth and expand innovation links across ASEAN and Japan.
The Philippines will use its ASEAN chairmanship to push for stronger regional safeguards against energy supply disruptions and faster cross-border power connectivity as Southeast Asian energy ministers meet in Manila this week.
The Department of Agriculture (DA) announced that around 300,000 farmers, fisherfolk, and agricultural haulers will receive ₱3 billion in fuel subsidies starting this month, aiding the sector amid El Niño impacts and persistently high fuel costs.
Therma Visayas told lawmakers that it sources coal from Indonesia and uses the Indonesian Coal Index in its power supply agreements, as a House inquiry into electricity reliability in the Visayas turned attention to both supply security and pricing transparency.
The Department of Agriculture is bolstering full-scale preparations for an intense El Niño, applying hard-won experience to safeguard farm output, secure food supplies, and protect farmers and fisherfolk from harm.