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…
Stocks slam into reverse as virus keeps scarring economy
NEW YORK — Wall Street got a painful reminder of the threat the coronavirus pandemic poses to the economy Monday, and a big early gain for stocks suddenly flipped to…
Connect with investors, enablers, suppliers, and potential customers with Globe myBusiness Academy
In every post-COVID discussion for small businesses, we’re sure you’ve heard it all: Digitizing, pivoting and future-proofing your business are essential. The question is: how do you actually digitize, pivot,…
Business amid a Crisis: SMDC extends a Lifeline to Residents displaced by the Pandemic
For 15 years, she rode the waves, her days spent making sure passengers were happily cruising the seas, docking from city to city, in Asia, Europe and America, their dissatisfactions…
T-bill rates down across the board
MANILA, Philippines — T-bill rates fell across the board as investors seeking a safe haven flocked Monday’s auction ahead of the government’s retail treasury bond (RTB) sale. The Bureau of…
AUB offers to digitize businesses
The Rebisco group’s banking arm Asia United Bank (AUB) is pitching to help businesses, especially restaurant operators, stay afloat during this coronavirus pandemic by ushering them into the digital space.…