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OPEC+ ministers meet to discuss additional oil output cuts

The OPEC+ alliance was set to hold a set of meetings on Thursday to discuss additional oil production cuts for next year to support the market, three delegates told Reuters.

Beijing bourse tells ‘major shareholders’ to refrain from selling, sources say

The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on the bourse from selling stock, worried that such sales could douse a long-desired rally, three people familiar with the matter said on Monday.

China’s fast-fashion retailer Shein files for US IPO – sources

China-founded fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter told Reuters on Monday.

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.

Just in

Toyota turns racetrack into clean mobility testbed 

Toyota Motor Philippines (TMP) is putting sustainability in the fast lane, transforming the TOYOTA GAZOO Racing (TGR) Philippine Cup into a real-world testing ground for low-carbon fuels as it advances cleaner mobility solutions for the Philippine market.

Marcos Council clears key LRT-1 common station upgrade

The Economy and Development (ED) Council chaired by President Ferdinand Marcos Jr. has approved a key variation order for the Light Rail Transit Line 1 (LRT-1) South Extension Project, removing another hurdle to the long-awaited opening of the Common Station, the centerpiece of Metro Manila's integrated rail network.

Stratbase pushes stronger deterrence beyond WPS ruling

A decade after the Philippines won a landmark international legal victory against China, a policy think tank is urging the government to shift its focus from legal triumph to military readiness. it argued that credible deterrence has become the country's next strategic imperative in the West Philippine Sea.

Berde locks in solar, battery dea to power expansion

Green energy developer Berde Renewables is ramping up its clean energy expansion with a major equipment supply agreement that secures 200 megawatts of solar capacity and 500 megawatt-hours of battery storage, strengthening its pipeline of commercial and industrial projects in the Philippines and Thailand.
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