Huawei posts 13.1% revenue growth amid pandemic, sanctions
FILE – In this Oct. 31, 2019, file photo, a man uses his smartphone as he stands near a billboard for Chinese technology firm Huawei at the PT Expo in…
PH financial market distortions due to pandemic temporary, says BSP chief
The Philippine financial system remains strong and any damage that the COVID-19 pandemic has inflicted on it is temporary, according to the head of the country’s central bank. Bangko Sentral…
Vista Land raising $200M from offshore bonds
SCREENGRAB from www.vistaland.com.ph Villar-led property developer Vista Land & Lifescapes (VLL) has returned to the offshore bond market, raising $200 million to refinance older debt. Through offshore unit VLL International,…
DA allots P150M to assist farmers affected by ‘fall armyworm’ infestation
MANILA, Philippines — The Department of Agriculture (DA) is allotting P150-million worth of assistance to farmers whose livelihoods have been destroyed by the fall armyworm pest, which already spread across…
Maynilad expedites P7.9B upgrade for La Mesa Treatment Plants
MANILA, Philippines — Maynilad Water Services, Inc. has deployed over 400 workers at the La Mesa Treatment Plants (LMTP) 1 and 2 in Quezon City to fast-track the completion of…
BAP: PH banks can withstand ABSCBN shutdown
The Philippine banking system can withstand credit losses that may arise from the shutdown of broadcasting giant ABS-CBN Corp., the Bankers Association of the Philippines assured on Tuesday. From this…
Zero waste stores gain momentum in Korea
Consumers and activists participate in the `Plastic Attach` protest in front of a hyper market on July 3, which is the International Plastic Bag Free Day.(Ko Kumsook) SEOUL — Even…
Asia shares drop on jitters over virus, China-US friction
TOKYO — Shares fell in Asia on Tuesday as skepticism set in about the recent upward momentum in global markets given rising confirmed coronavirus cases and percolating tensions between the…
Vietnam’s new immigration law to attract investment
Passengers with protective facemasks walk with their luggage in the empty arrival hall of Noi Bai International Airport in Hanoi on February 27, 2020, as the number of air travellers…
Singapore enters technical recession as GDP plunges 12.6% in Q2
The GDP plunge was due to the circuit breaker measures that were implemented to slow the spread of Covid-19.ST PHOTO: Kelvin CChng via Asia News Network SINGAPORE — Singapore’s economy…