The Securities and Exchange Commission (SEC) has released draft rules for sukuk issuance in the Philippines and opened them for public comment. The proposal aims to ensure Shari’ah compliance, improve transparency, and strengthen investor protection in line with global Islamic finance standards.
Philippine Airlines (PAL) announced that it will begin twice-weekly flights between Manila and Palau (Koror) starting March 29, 2026. The new route expands PAL’s reach in the Pacific and gives travelers easier access to Palau’s well-known diving spots, lagoons, and coral reefs.
The GSIS is distributing ₱3.93 billion in Christmas cash gifts to 411,692 pensioners beginning today. For the first time, pro-rata and Portability Law (RA 7699) pensioners are included, adding nearly 15,000 new beneficiaries.
The Philippines’ data infrastructure race kicked into higher gear as the Ayala-backed ML1 Data Center officially launched the first phase of its operations on November 28 in Biñan, Laguna, supported by incentives from the Board of Investments (BOI) under the CREATE Act.
Citicore Renewable Energy Corp. (CREC) has signed a ₱3.98-billion project finance loan with the Bank of the Philippine Islands to help complete its 113-megawatt Citicore Solar Pangasinan 2 project in Binalonan. BPI Capital Corp. acted as the sole lead arranger.
The Department of Transportation (DOTr) and the Bases Conversion and Development Authority (BCDA) have signed a new agreement to turn Clark International Airport (CRK) into a leading center for industrial, manufacturing, transport and related services.
The Securities and Exchange Commission (SEC) has canceled the registration of two construction companies owned by the Discaya family, who are linked to a flood-control corruption probe.
The recovery of ABS-CBN, already slow and painful, has only gotten more challenging after TV5 issued a notice of termination of its TV Content Supply Agreement—a move that threatens to shut a major broadcast distribution avenue for the listed entertainment company and underscores its financial fragility since it lost its franchise in 2020.
St. Luke’s Medical Center has launched the country’s first dedicated Inhaler Clinic Service in Global City to improve treatment for patients with asthma, COPD, and other lung conditions. The clinic aims to address widespread problems in inhaler use, as studies show most patients do not use their devices correctly, resulting in poor symptom control and more frequent attacks.