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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.
