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Security Bank names new CEO

MANILA, Philippines – Security Bank Corp. has appointed Victor Lee Meng Teck, a Singaporean veteran banker, as its new president and CEO effective early January 2026. Lee, the former CEO of CIMB Singapore, will replace Sanjiv Vohra after more than six years. READ: Retail, MSME loans buoy Security Bank H1 profit Vohra will remain as

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Mumbai Weather Update: City Wakes Up To Sunny Skies After Days Of Heavy Showers; No Rain Alert Issued

After two days of relentless showers over the weekend, Mumbai woke up to bright skies and breezy conditions on Tuesday, offering much-needed respite from the downpour that had disrupted life across the city. The India Meteorological Department (IMD) withdrew its orange alert for Mumbai and surrounding districts and scaled it down to a green alert for Tuesday, signalling a return to calmer weather.

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‘Clear risk of recession’ if US hits Swiss pharma with 100% tariff: expert

ZURICH, Switzerland – Wealthy Switzerland could face recession if Washington slaps its vital pharmaceutical sector with the threatened 100-percent tariff, a leading Swiss economic expert told AFP Monday. US President Donald Trump last week said he would impose 100-percent tariffs on all branded pharmaceutical products from Wednesday, unless companies build manufacturing plants in the United