When Jaime Alfonso Zobel de Ayala took the wheel at ACMobility, the Ayala Group’s automotive arm, his decision to partner with Chinese electric vehicle (EV) giant BYD in late 2023 was viewed by some as a high-risk gamble. Fast forward to 2026, and the gamble didn’t just pay off. It is fundamentally rewriting the country’s automotive landscape.

Security Bank Corp. has placed CEO Victor Lee in temporary charge of its wholesale banking division following the departure of executive John Cary Ong, as the bank maintains continuity in one of its key business segments.

The Philippine College of Physicians has suspended Dr. Tony Leachon for six months after finding him liable for defamation and violations of its Code of Ethics stemming from public statements against fellow physicians.