Top News
Storm Crising displaces nearly 1.3M Filipinos
Severe Tropical Storm Crising, intensified by the Southwest Monsoon, has caused widespread flooding across the Philippines, affecting nearly 1.3 million people in more than 240 areas, according to the National Disaster Risk Reduction and Management Council (NDRRMC) on Tuesday.
SEC plots PERA uptick as new tax perks kick in
The Securities and Exchange Commission (SEC) projects a rising number of Filipinos investing in their future through the Personal Equity and Retirement Account (PERA) following the enactment of the Capital Markets Efficiency Promotion Act (CMEPA).
Diesel prices seen rising up to P1.20/L Tuesday
Motorists and transport operators brace for another round of fuel price hikes on Tuesday, with diesel expected to rise by as much as P1.20 per liter and gasoline by up to P0.50 per liter, according to Jetti Petroleum Inc.
Shari’ah-compliant bonds touted as tool for inclusion
The Bangko Sentral ng Pilipinas (BSP), through the Islamic Finance Coordination Forum (IFCF), hosted the “Stakeholders’ Forum on Domestic Sukuk Issuance” to expand access to financing for Muslim-owned enterprises by promoting Sukuk, or Islamic bonds.
Airfares set to rise in August as CAB hikes fuel surcharge
Travelers should brace for higher airfares in August following the Civil Aeronautics Board’s (CAB) announcement Friday raising fuel surcharges to Level 4 for both domestic and international flights.
