UnionBank of the Philippines, under the control of the billionaire Aboitiz family, has appointed Ana Maria Aboitiz Delgado as its President and CEO, effective January 2025. This move aims to expand the bank's retail banking presence nationwide. Delgado, a fifth-generation member of the Aboitiz family and daughter of the late...

Foreign Direct Investments (FDI) into the ASEAN economies of Indonesia, Malaysia, the Philippines, Thailand, Singapore, and Vietnam surged to US$236 billion in 2023, significantly higher than the annual average of $190 billion recorded between 2020 and 2022. Southeast Asia has become a preferred destination for companies diversifying their production away...

The EUROJET Consortium has announced the appointment of Ralf Breiling as the new Chief Executive Officer of EUROJET Turbo GmbH, effective July 1, 2024. Breiling, who will take over from the retiring Gerhard Bähr, brings over 30 years of experience in the aerospace industry. The EUROJET consortium, responsible for managing...

Kambi Group plc's Board has named Werner Becher as the new Chief Executive Officer, effective July 25, following the release of the company's Q2 2024 report. Becher succeeds Kristian Nylén, bringing extensive experience in sports betting and technology sectors. Upon joining Kambi, Becher will focus on sustaining the company's success...

India is rapidly closing the gap with China and Vietnam in the realm of mobile phone exports. While China still leads, India is making significant strides. Chinese exports declined by 2.8% to $132.5 billion in FY24, and Vietnam experienced a more substantial drop of 17.6% to $26.27 billion. In contrast,...

Brambles, a prominent logistics company, has revealed that Xavier Garijo, CEO of its subsidiary CHEP Americas, will depart the organization after a brief six-month tenure due to cultural misalignments. Garijo took the helm at CHEP Americas in January, a newly established role where he managed Brambles' operations across the Americas. This...

Asia's manufacturing sector saw robust growth in June, driven by strong global economic momentum and improved semiconductor output prospects, according to surveys released on Monday (Jul 1). This positive trend offers some optimism that the region can withstand the impact of weak Chinese demand. However, rising costs presented challenges for...

As the saying goes, “People who feel good about themselves do good work, and people who do good work feel good about themselves.” You would think this straightforward and compelling logic would motivate even the most pragmatic among us to consistently foster an environment where people feel positive about their...

The core principles of corporate governance help U.S. public companies ensure compliance and accountability while maintaining a strong global profile. Many of these concepts can also be applied to nonprofit and charitable organizations, whose tax-exempt status comes with a responsibility to be accountable to the general public and the direct...