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The Philippines has formally joined Pax Silica, a US-led supply chain initiative, signaling its rising role as an electronics manufacturing hub in Asia, the US State Department said on April 16.

The Securities and Exchange Commission (SEC) is preparing to expand sustainability disclosure requirements beyond publicly listed firms, signaling a broader push to embed environmental, social and governance (ESG) accountability across corporations vested with public interest.

Global equities pushed higher Thursday as investors shrugged off ongoing tensions in the Middle East, with volatility signals suggesting markets see limited risk of further escalation.

President Ferdinand Marcos Jr. on Thursday announced the apprehension of former AKO-Bicol Party-list Congressman Rizaldy “Zaldy” Co by Czech authorities for traveling without proper documents. Marcos said the former lawmaker wanted for his alleged role in the flood-control controversy is currently detained in Prague. he said the Philippine government is closely coordinating with Czech officials to ensure all legal procedures are followed and to facilitate his return to Manila “at the soonest possible time.” Authorities said they will keep the public informed as developments unfold.

The Social Security System (SSS) and Rizal Commercial Banking Corp. have signed a memorandum of understanding to expand digital access to short-term credit, rolling out the pension fund’s LoanLite facility through RCBC’s mobile platform.