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Former President Rodrigo Duterte, through his defense counsel Nicholas Kaufman, has petitioned the International Criminal Court (ICC) to transfer his custody to a third country that is a signatory to the Rome Statute and willing to host him. Duterte faces charges of crimes against humanity related to his bloody war on drugs. According to various media reports, the petition, filed with the ICC, named the country, but it was redacted to avoid premature publicity. Kaufman argued Duterte is not a flight risk and that the host country would ensure compliance with ICC rules. The prosecution has yet to respond to the request.

PLDT Inc., the Philippines’ largest fully integrated telecommunications network, recently released its 2024 Annual and Sustainability Report, combining business results with environmental, social, and governance (ESG) disclosures for the first time.

Strong earnings—and an even stronger outlook—sent Oracle Corp. shares soaring to an all-time high on Thursday, adding an estimated USD26 billion to the net worth of co-founder Larry Ellison, enough to make him the world second wealthiest man, at least on paper.

The Philippine Stock Exchange (PSE) announced it will slash the stock transaction tax (STT) to 0.1 percent from the current 0.6 percent starting 1 July 2025, in line with the implementation of the Capital Markets Efficiency Promotion Act (CMEPA).

The Department of Energy (DOE) has expanded the target capacity under the 4th Green Energy Auction (GEA4) to 10,653 MW, up from 10,478 MW, highlighting a policy shift to bolster floating solar deployment.