RFM’s Q2 profit up 11%
Concepcion group-led RFM Corp. grew its second quarter net profit by 11.1 percent year-on-year to P399 million as the lockdown of key regions across the country boosted sales of milk,…
Asean hotel associations endorse travel bubble
Tourism and Creative Economy Minister Wishnutama (right) observes JS Luwansa hotel operations in Jakarta on July 8, as part of the government’s effort to monitor health protocols as the economy…
House panel OKs bill imposing VAT on digital transactions in PH
MANILA, Philippines — The substitute bill seeking to impose value-added tax (VAT) on digital transactions in the Philippines was approved Wednesday by the House committee on ways and means. During…
Malaysia businesses try novel ways to attract customers amid coronavirus worries
Golden Screen Cinemas uses the tagline “Hello. Cannot” to remind cinemagoers to practise social distancing. GOLDEN SCREEN CINEMAS via The Straits Times/Asia News Network KUALA LUMPUR — When cinemas were…
Singapore sees worst-ever quarterly fall in employment in Q2 as retrenchments double
The number of workers here plunged by 121,800 in the second quarter, according to preliminary data released by the Ministry of Manpower. LIANHE ZAOBAO via The Straits Times/Asia News Network…
South Korea’s kimchi exports soar in H1
The Korea Herald/Asia News Network SEOUL — South Korea’s exports of kimchi rose sharply in the first half of the year thanks to its growing popularity, data showed. Overseas shipments…
Dominguez seeks DOJ help vs bitcoin scammers
MANILA, Philippines — President Duterte’s chief economic manager has sought assistance from the Department of Justice (DOJ) to stop online scammers luring netizens into bitcoin investments they claimed were being…
Binggo Mobile taps EON to tech up micro-entrepreneurs
From left: Cheese Ong, co-founder of Binggo Mobile; Joel Ong, co-founder of Binggo Mobile; Paolo Baltao, SVP and head of EON Banking Group; and Kimberly Espiritu, Communities and Linkages head…
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…