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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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SC dismisses VP Duterte impeachment petitions as moot

The Supreme Court on Wednesday dismissed the consolidated petitions filed by Vice President Sara Duterte and lawyer Israelito Torreon questioning the House of Representatives' handling of the impeachment complaints, ruling that the cases had become moot after the Articles of Impeachment were transmitted to the Senate. 

PH1 World tops off first expanded 4PH housing tower

PH1 World Developers has completed the first major construction milestone for its flagship project under the government's Expanded Pambansang Pabahay Para sa Pilipino (4PH) Program, signaling accelerating private sector participation in efforts to narrow the country's housing backlog.

Toyota nears 3M sales as manufacturing fuels Philippine growth

Toyota Motor Philippines (TMP) is poised to surpass three million cumulative vehicle sales later this year, a milestone that highlights how nearly four decades of local manufacturing and sustained investments have helped cement its position as a key driver of jobs, industrial development, and the country's automotive sector.

European Union returns for third time to Philippine Space Week 2026

The European Union (EU) is taking part in the Philippine Space Week for the third consecutive year, with the 2026 edition set to run from 8 to 14 August under the theme “Navigating Tomorrow”. The EU and the Philippines maintain a strong partnership through the Global Gateway initiative, with a key focus on applying knowledge and technology from Copernicus, the Earth Observation arm of the EU’s space programme. The partnership has already established the first Copernicus Data Centre in Southeast Asia in the Philippines, which is now growing into a regional hub.

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