PH retains third largest U.S. sugar export quota for 2026
The United States Trade Representative (USTR) has maintained the Philippines' allocation of 145,235 metric tons (MT) of raw cane sugar under the World Trade Organization (WTO) tariff-rate quota (TRQ) system for fiscal year 2026, covering the period from 1 October 2025 to 30 September 2026.
SEC mulls term limit for independent directors
The Securities and Exchange Commission (SEC) is pushing for the strict enforcement of a cumulative nine-year term limit for independent directors in publicly listed companies, signaling a stronger stance on corporate governance reform.
PLDT mulls stake sale in data center unit
PLDT Inc. is seriously considering divesting its stake in its data center business, following renewed interest from major multinational firms, according to chairman and CEO Manuel V. Pangilinan.
Gas up, diesel down in latest fuel price adjustment
Fuel prices in the Philippines are set for another set of adjustments starting Tuesday, with gasoline costs expected to rise while diesel and kerosene see price cuts, impacting business operations and household budgets.
Ayala Land eyes ₱10B sustainability-linked loan for capex, refinancing
Ayala Land Inc. (ALI) is set to raise ₱10 billion through a sustainability-linked loan (SLL) this month, as part of its broader ₱50 billion capital raising program for the year, according to CFO Augusto D. Bengzon.
