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The Philippines will invite reinsurers for the re-bidding of the planned P2-billion national indemnity insurance program to insure and protect public assets in disaster-prone areas, this time with less stringent…
Digital payment firms and customers using their services should be on guard against a rash of hacking attempts being perpetrated by criminal elements on electronic transaction accounts, especially with their…
Public infrastructure spending rose in March, but first-quarter total fell year-on-year and below target, squeezed partly by the COVID-19 lockdown that started middle of March and froze major projects, the…
The Bureau of the Treasury on Monday (May 25) raised P24 billion or a fifth more than its P20-billion T-bills offering as rates continued to decline across the board. The…
The insurance industry’s bottom line grew by over a fifth to P45.12 billion in 2019 as a result of sustained strong sales and insurers’ bigger net worth, the Insurance Commission…
TOKYO — Shares rose in Asia on Tuesday as some regions in Japan resumed close-to-normal business activity, with hopes for economic recovery overshadowing worries over the coronavirus pandemic. People wearing…
Hong Kong Chief Executive Carrie Lam (front L). Photo by Anthony WALLACE / AFP HONG KONG — China’s plans to impose a new security law on Hong Kong will “only…
SINGAPORE – Singapore’s economy, a bellwether for global trade, could shrink by as much as 7.0 percent this year, as the coronavirus pandemic throttles demand, the government said Tuesday. A…
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…
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