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The national government’s gross borrowings rose 5.3 percent year-on-year to P656.7 billion in the first quarter of 2020 as both domestic and foreign debts increased. The latest Bureau of the…
Enrique Razon Jr.-owned MORE Electric and Power Corp. — the new power utility in Iloilo City— has made “substantial progress” in upgrading the city’s electricity distribution system two months after…
Higher motor vehicle user’s charge (MVUC), a proposal pending at the Senate, is needed to build and maintain more roads in the Philippines, according to the state-run think tank National…
The Philippines needs to make several key “structural reform initiatives” to prepare the economy for the post-pandemic environment that will look very different from what it was less than three…
The Department of Finance (DOF) on Monday (May 25) lauded the companies that did not wait for extended deadlines to pay their taxes, helping the government raise revenue during the…
SUVA, Fiji — Pandemic-hit Fiji Airways fired more than half its workforce Monday, as travel restrictions put the islands’ vital tourism sector in deep freeze and reduced the national carrier’s…
The “small” number of COVID-19 claims to date reflected low insurance penetration in the country, according to life insurers. At an online press briefing last week, AIA Philam Life chief…
WELLINGTON — Struggling New Zealand media giant Stuff Limited was sold in a management buy-out deal for the symbolic fee of NZ$1.00 (US$0.61), the group’s Australian owners Nine Entertainment announced…
HONG KONG, China – Most Asian markets rose Monday as a further opening up of economies from lockdown offset worries over worsening China-US tensions, while Hong Kong sank again after…
Yonhap via The Korea Herald/Asia News Network SEOUL — Major South Korean companies have resumed operations at their overseas plants and are speeding up business normalization since suffering disruptions from…
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