Thursday, 13 November 2025, 9:19 pm

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

    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

    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

    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

    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

    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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    Juan Ponce Enrile, key Martial Law figure and EDSA rebel, dies at 101

    Former Senate President Juan Ponce Enrile, who at 101 still served as chief legal adviser to President Ferdinand Marcos Jr., passed away on Thursday, his daughter Katrina Ponce Enrile announced. “With profound love and gratitude, my father peacefully returned to his Creator on November 13, 2025, at 4:21 p.m., surrounded by our family at home,” she said, adding that it was her father’s wish to take his final breath in their residence. JPE, as he is known, was hospitalized earlier this week, battling pneumonia. The family requested privacy as they grieve, with details of public viewing to follow. Enrile served several presidents, including the late Ferdinand Marcos Sr. and Corazon Aquino—both as Defense Secretary. The Senate expressed sorrow and, following tradition, suspended deliberation on the government’s 2026 budget following the passing of its former leader, a figure both vilified for his role during the Martial Law years and revered for EDSA People’s Power Revolution.

    MVP Group in early talks to acquire Villar’s Prime Water

    The group of businessman Manuel V. Pangilinan (MVP) confirmed it is in preliminary discussions with the Villar Group for a possible acquisition of Prime Water Infrastructure Corp., one of the country’s largest private water operators.

    MGen donates P17.3-million lighting system to Iloilo football ground

    Meralco PowerGen Corp. (MGen), through its subsidiary Panay Energy Development Corp., has funded a P17.3-million lighting system for the La Paz Football Ground in Iloilo City.

    Tino, Uwan typhoons wreck P743.8-M worth of crops

    The twin blows of tropical systems Tino and Uwan have caused an estimated ₱743.83 million in agricultural damage across several regions, according to the Department of Agriculture’s (DA) Disaster Risk Reduction and Management Operations Center.

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