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Philippines prices maiden Sukuk bond, opens Islamic market to local firms

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The Philippines attracted strong investor interest for its maiden Sukuk bond offer, allowing one of Asia’s most active sovereign borrower to price the debt paper at a lower profit rate.

ECOP rejects PhilHealth contribution hike

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The Employers Confederation of the Philippines (ECOP) is strongly opposed to the planned increase next year of the premium contribution to the Philippine Health Insurance Corporation (PhilHealth), saying the state health insurer needs to improve its services first.

Laurel to focus on ending rice importation

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Newly appointed agriculture secretary Francisco Tiu Laurel Jr. has pledged to focus on reducing rice importation during his tenure — a commitment made Wednesday during the Ugnay Palay: 35th National Rice R4D Conference at the Philippine Rice Research Institute (PhilRice) in Science City of Muñoz, Nueva Ecija.

SEC outlaws Binance

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The Securities and Exchange Commission has issued a warning on using the online cryptocurrency exchange Binance. 

ADB seeks month long bid submission extension of the NAIA rehab contract

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The Asian Development Bank (ADB) wants to extend for a month the submission of bids for the P171-billion contract to rehabilitate, optimize and maintain the Ninoy Aquino International Airport.
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Cisco and NVIDIA make AI infrastructure practical 

Communications & Technology 0
If artificial intelligence has spent the last two years as corporate theater with lavish pilots and cautious applause, then Cisco and NVIDIA are now selling the stage itself.

The Days Ahead

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Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.

Grab expands electric taxi rollout nationwide push

Transport & Logistics 0
Grab Philippines is accelerating its shift to eco-mobility, expanding the rollout of its GrabTaxi Electric service as electric vehicle (EV) adoption gains momentum across the country.

Shopee expands MSME roadshow to regions

Communications & Technology 0
Shopee is expanding its Tatak Pinoy MSME Roadshow across more provinces in the Visayas and Mindanao, scaling up a nationwide push to deliver digital skills training to underserved entrepreneurs.

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