RV sales boom in China as safe travel alternative
The 4th Guangzhou International RV and Camping Expo begins in Guangzhou, Guangdong province on July 24, 2020. Sipa via China Daily/Asia News Network BEIJING — Sales and rentals of recreational…
Rise in domestic travel helps smaller airlines in South Korea
(Air Seoul) SEOUL — As the impact of the coronavirus pandemic lingers on, some low-cost airlines in South Korea are ramping up domestic flights and cautiously launching new air routes…
Duterte appoints two BSP Monetary Board members
Anita Linda R. Aquino and Bruce J. Tolentino MANILA, Philippines — President Rodrigo Duterte has named V. Bruce J. Tolentino and Anita Linda R. Aquino as full-time private sector representatives…
Globe myBusiness and Ayala Enterprise Circle offer free webinar for SMEs to ensure business continuity
As the provider of 63% of the country’s workforce, the essential role that Small and Medium Enterprises (SMEs) play in the national economy cannot be emphasized enough. Regrettably, though, their…
BSP eases credit curbs for banks providing bond market liquidity
MANILA, Philippines — The cap imposed by regulators that limits financial institutions’ exposures to too much credit risk from a single entity will be lifted temporarily for debt securities used…
AEV’s Q2 profit down 63%
Sabin Aboitiz Conglomerate Aboitiz Equity Ventures Inc. saw a 63-percent year-on-year drop in second quarter net profit to P2 billion as most businesses – except for the food segment –…
Fruitas expanding footprint with new store concept
Fruitas’ new store concept :Babot’s Farm Retailer Fruitas Holdings Inc. is rolling out a new store concept with a footprint bigger than its typical kiosks and functions both as a…
Malls, establishment owners urged to lower rents for small businesses
DTI Secretary Ramon Lopez. FILE PHOTO / Earvin Perias MANILA, Philippines — The Department of Trade and Industry (DTI) on Tuesday called on mall and commercial establishment owners to lower…