In a commentary, Fitch noted that investors from the Middle East took up around 30 percent of the Philippine government's sukuk bond issuance last year, which was part of the country's agenda to develop Islamic finance.
"Fitch believes the issuance (last year) could encourage government and private-sector entities, including financial institutions and corporates, to explore sukuk issuance, which would help the development of the local sukuk market," it said.
This story is from the December 20, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 20, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
2 MILF commanders convicted for Mamasapano massacre
After nearly a decade of legal proceedings, two commanders of the Moro Islamic Liberation Front (MILF) were convicted in connection with the 2015 Mamasapano massacre, in which 44 members of the Philippine National Police-Special Action Force (PNP-SAF) were killed.
It's the most wonderful time of the year with Honda's Holiday Deals
Honda Cars Philippines, Inc. (HCPI) is offering limited holiday deals on select models and variants for the month of December.
THE TOP 10 MOST IMPORTANT CARS OF 2024
Twenty twenty-four was a banner year for the Philippine car industry. Not only did it mark a post-pandemic sales figure that pretty much equals 2019's best ever industry sales in Philippine automotive history, it also saw a dramatic shift not necessarily in sheer sales volume (which is resolutely increasing), but definitely in public perception—towards New Energy Vehicles.
19th PropertyGuru Asia Property Awards Grand Final: Honoring Asia's Best in Real Estate
The 19th Annual PropertyGuru Asia Property Awards Grand Final, held at The Athenee Hotel in Bangkok, celebrated Asia's finest real estate and design achievements.
SCIENCE PARK OF THE PHILIPPINES SHINES BRIGHT IN BANGKOK
LISP IV achieves excellence as the only finalist for Asia's Best Industrial Development in 2024
THROUGH AN ARCHITECT'S LENS: SM PRIME'S VISION FOR GREEN AND INCLUSIVE DEVELOPMENT
With an average of 20 typhoons entering the country per year, incorporating disaster resilience and sustainability in building designs have become essential to SM's integrated property developer arm, SM Prime Holdings, Inc.
CELEBRATING 27 YEARS OF EXCELLENCE: SUNTRUST PROPERTIES NAMED INNOVATIVE COMMUNITY BUILDER OF 2024
Suntrust Properties, Inc. (SPI), a wholly owned subsidiary of Megaworld Corporation commemorates its 27th anniversary with a remarkable accolade.
A decade of aspirations: ARES 2024 looks to the future of urban living
The 10th edition of the PropertyGuru Asia Real Estate Summit (ARES), the thought leadership platform of PropertyGuru Group, gathered experts and thought leaders to discuss the intersecting issues moving and shaking the real estate industry, including technology, design, business development, economics, and more.
Shang Properties champions sustainability in Cebu with mangrove planting initiative
Shang Properties, in partnership with Cebu City Environment and Natural Resources Office (CCENRO), the city's environmental management and protection agency and through its subsidiary Shang Properties Realty Corporation, recently conducted a tree planting activity last November 16, 2024.
Power Plant Mall Angeles at Rockwell at Nepo Center: An expansion of a legacy, set to open in Q4 2027
In the vibrant heart of Makati City lies a development that redefined urban living and retail experiences in the Philippines—Power Plant Mall.
