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.
BDO Life has clinched multiple Excellence Awards at the 2026 Quill Awards, the country’s top honor for business communication, earning recognition in Marketing, Advertising & Brand Communication and Audio/Visual categories. Its “Plan B” campaign broke through usual insurance talk, turning rarely discussed topics of financial security and protection into relatable, even lighthearted conversations for Filipinos. Instead of positioning insurance as an investment, the effort centered on its real value: being ready for whatever life brings.
Philippine Bank of Communications (PBCom) has formalized the appointment of John Cary L. Ong as its new president and chief executive officer, completing a leadership reshuffle that also saw Hans Brinker M. Sicat leave the board and Patricia May T. Siy step down as CEO.
Philippine manufacturers shifted into “retrenchment mode” in September, cutting jobs, purchases and inventories as weak demand, high oil prices and international competition pushed the sector back into contraction, S&P Global Market Intelligence said.
PH Resorts Group Holdings Inc. has permanently closed Donatela Resort & Sanctuary in Panglao, Bohol, as part of a broader restructuring with parent Udenna Corp. aimed at addressing legacy obligations.