Top News
SEC pushes sukuk as new funding option, unveils rules to grow Islamic finance
The Securities and Exchange Commission is set to raise awareness of sukuk as an alternative way for businesses and projects to raise funds, as it works to develop the country’s Islamic finance sector and encourage more Shari’ah-compliant investment products.
Philippines seals first Latin America free trade deal
The Philippines has concluded negotiations for a Comprehensive Economic Partnership Agreement (CEPA) with Chile, securing its first free trade agreement with a Latin American country as Manila steps up efforts to diversify export markets and strengthen supply chains.
DA restricts frozen fish imports to closed season to protect local market and safeguard prices
The Department of Agriculture (DA) has clarified that a plan to allow up to 250,000 metric tons of imported frozen fish will only take effect during the country’s closed fishing season, which typically runs from November to January depending on the region. Agriculture Secretary Francisco Tiu Laurel Jr. emphasized that this condition is vital to prevent imported stock from driving down prices for local fishers while ensuring market stability during off-peak harvesting periods and potential supply shocks from El Niño.
Shell recognition boosts Philippines’ global talent edge in business
Shell Business Operations (SBO) Manila has been named one of Everest Group's Top Global Business Services (GBS) Employers for 2026, reinforcing the Philippines' growing reputation as a premier destination for high-value business services and globally competitive talent.
Philippines records highest June electricity rates in ASEAN, driven by supply shortages
The Philippines registered the highest national average power rate in the ASEAN region for June 2026, reaching P12.43 per kilowatt hour.
