The Armed Forces of the Philippines (AFP) clarified on Tuesday, Sept. 16, that its decision to raise the military’s status to red alert was unrelated to President Ferdinand R. Marcos Jr.’s cancellation of his planned trip to New York, United States. AFP spokesperson Colonel Francel Margareth...
A former security guard who has been evading the law for shooting another man in Makati City was arrested by the Eastern Police District 's District Mobile Force Battalion (EPD-DMFB) on Aug. 31, EPD director Brig. Gen. Aden Lagradante said. Lagradante identified the suspect as alias Jan, 25, a...
To enhance school leadership and accelerate classroom development, the Department of Education (DepEd) has teamed up with Security Bank Foundation, Inc. (SBFI) and Security Bank Corporation (SBC). In a statement issued on August 29, DepEd said the partnership aligns with President Marcos’ call to...
Following the solid annual net income growth in the first semester of 2025, the Social Security System (SSS) is optimistic about reaching the ₱100-billion mark this year, which the pension fund has forecast to be surpassed by the end of 2026, albeit at a slower pace. “Definitely, we’ll reach...
The Philippine Army (PA) is bolstering its external defense posture through expanded cooperation with the United States Army on joint operations and maritime security. Army Chief Lt. Gen. Antonio G. Nafarrete received US Army I Corps Commanding General Lt. Gen. Matthew McFarlane and 6th Battalion,...
Ukrainian Ambassador to the Philippines Yuliia Fediv expressed her country’s support for the Philippines’ bid for a United Nations Security Council non-permanent seat for 2027-2028. During the Ukraine’s National Day celebration on Wednesday night, Aug. 27, the ambassador said this support...
Security Bank Corp. improved its net income by eight percent to ₱5.9 billion in the first half of the year as total revenues grew 23 percent year-on-year to ₱31.6 billion on the back of a jump in non-interest earnings. The bank said in a disclosure to the Philippine Stock Exchange that its...
A 42-year-old security guard, tagged as the Eastern Police District 's (EPD) No. 3 Most Wanted Person, was finally arrested for repeatedly raping his nine-year-old relative in 2020 in Marikina City. The suspect was identified as alias Ger, 42, a resident of Barangay Tumana, Marikina City. Ger...
Even with the threat of an influx of American cars into the local market, Security Bank Corporation believes its joint venture with Mitsubishi Motors Philippines Corporation (MMPC) can withstand the impacts of the zero tariff on United States (US)-made goods on the competitiveness of Japanese cars....
State-run Social Security System (SSS) will roll out a pension reform program (PRP) starting September, granting higher monthly pensions, with a total 33 percent increase for retirement and disability beneficiaries over three years. Retirement and disability private pensioners under SSS will...
Security Bank Corp. announced that its Chief Financial Officer, Eduardo M. Olbes, will retire on Sept. 15, 2025, but, his replacement, Allen Alexander P. Reyes, will be onboard by Aug. 11, 2025, to facilitate the transition. In a disclosure to the Philippine Stock Exchange, the bank said that,...
With a one-percentage-point (ppt) hike in members’ contribution rate to 15 percent that took effect this year, the Social Security System (SSS)—the state-run pension fund for private-sector workers—grew its net income by 46.9 percent to ₱66.45 billion in the first half of 2025. The SSS’...
