BSP’s P1.3-T cash infusion helping right PH economy
MANILA, Philippines — Cash poured into the local financial system by the central bank continued to help stabilize domestic liquidity conditions and and is helping ensure that money is available…
Over 3.6 million hotel rooms booked in Thailand under tourism stimulus campaign
The Nation/Asia News Network BANGKOK — The number of hotel room bookings under the “Rao Pai Tiew Gun” (Let’s travel together) campaign has reached 3.6 million as of Sunday. Traisuree…
Asian shares fall as investors eye EU meeting on pandemic
TOKYO — Asian shares were mostly lower Monday as investors cautiously eyed the summit of European leaders discussing the pandemic crisis and coronavirus cases continued to soar in the U.S.…
China to add 4,400 km rail lines this year
A trial train hits 220 kilometers per hour on a section of the Shanghai-Suzhou-Nantong Railway during a top-speed test run on May 4. XU CONGJUN/China Daily/Asia News Network BEIJING —…
PSE oks PH’s first REIT listing
The Philippine Stock Exchange has approved the initial public offering (IPO) of as much as P15.1 billion planned by property giant Ayala Land-sponsored AREIT Inc., which will be the first…
China’s economic rebound good news for Southeast Asian nations, says economist
A textile company resumes work in Zaozhuang, East China’s Shandong province, on Feb 20, 2020. sipaphoto.com via China Daily/Asia News Network WASHINGTON — China’s economic growth is likely to benefit…
Thailand to allow use of trees as collateral for loans
Government Spokesperson Narumon Pinyosinwat. The Nation/Asia News Network BANGKOK — Owners of 58 economically valuable trees will be able to use them as collateral when applying for loans at financial…
Never too young for the stock market
MANILA, Philipipines — Mariah Manaois of Paniqui, Tarlac, has been saving up money from Christmas “aguinaldo,” school allowance and the occasional reselling of novelty items to classmates since she was…
Musicians land a new gig
The lockdown has turned many musicians into fulltime entrepreneurs. Among these newproducts are baked goodies of Boy Collado, brewed coffee of Loki Yamat and Filipino favorites of Jeff Hernandez’s Maestro’s…
Eastern Samar island residents cash in on traditional ‘pudpod’
San Vicente, an island-village of the town of Sulat in Eastern Samar, is known for its “pudpod,” or fish pancake. BORONGAN, Eastern Samar, Philippines — It tastes like fish but…