Tuesday, 10 June 2025, 9:53 am

    Reuters

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    Philippines launches maiden sukuk bonds sale

    The Philippines, one of Asia's most active sovereign debt issuers, has launched its maiden sukuk bonds issue, according to a government announcement on Monday, mandating banks involved to arrange the sale.

    UN aviation meeting agrees to goal of 5% lower emissions by 2030

    A meeting of more than 100 countries on Friday agreed to an interim goal for emissions reductions from global aviation by 2030 by using less-polluting fuels, but China, Russia and some others aired concerns about the impact on their economies.

    US, Britain, other countries ink agreement to make AI ‘secure by design’

    The United States, Britain and more than a dozen other countries on Sunday unveiled what a senior U.S. official described as the first detailed international agreement on how to keep artificial intelligence safe from rogue actors, pushing for companies to create AI systems that are "secure by design."

    OpenAI researchers warned board of AI breakthrough ahead of CEO ouster -sources

    Ahead of OpenAI CEO Sam Altman’s four days in exile, several staff researchers sent the board of directors a letter warning of a powerful artificial intelligence discovery that they said could threaten humanity, two people familiar with the matter told Reuters. 

    Japan cuts view on economy for first time in 10 months

    Japan's government on Wednesday slashed its view on the economy for November in its first such downgrade in 10 months, as weak demand weighed on capital spending and consumer expenditure.

    Just in

    New SEC chair steps down from listed firms’ boards

    Lawyer Francis Ed. Lim has stepped down from the boards of several publicly listed companies following his appointment as chairman of the Securities and Exchange Commission (SEC), the primary regulatory body overseeing the corporate sector and capital markets.

    FIRB grants ₱20.9-B tax subsidy to boost public services

    The Fiscal Incentives Review Board (FIRB), chaired by Finance Secretary Ralph G. Recto, has approved ₱20.9 billion in tax subsidies for government institutions for fiscal years 2024 and 2025. The move aims to enhance public service delivery by allowing agencies to redirect resources from tax obligations to operational efficiency.

    Hotel101 Madrid mamed official F1 partner

    Hotel101 Global, a subsidiary of DoubleDragon Corporation, has secured a 10-year partnership with MATCH Hospitality, naming Hotel101 Madrid as the official hotel accommodation partner for the Formula 1 Spanish Grand Prix in Madrid from 2026 to 2035.

    Satellite tech powers new PH crop insurance system

    The government, in partnership with the International Rice Research Institute (IRRI) and allied organizations, has launched a pilot project for satellite-based crop insurance and agro-advisory services aimed at strengthening climate resilience in the agriculture sector.
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