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MANILA, Philippines — DITO Telecommunity, the country’s third major telco, is likely to miss the deadline for its “technical launch” set on July 8 this year. DITO chief administrative officer…
MANILA, Philippines — The central bank on Wednesday took another step closer toward issuing its own bonds, which will allow it to better regulate the amount of liquidity in the…
The Korea Exchange in Yeouido, western Seoul. Yonhap via The Korea Herald/Asia News Network SEOUL — South Korea’s ambitious drive to launch the first pan-Asian benchmark comprising major blue chip…
MANILA, Philippines — The Philippines has slipped into a recession, as economic contraction likely deepened during the second quarter with the COVID-19 lockdown — at its peak in April and…
Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission (SEC) has warned the public against a new set of entities that are illegally soliciting investments, including those hawking…
Edgar Sia II Newly-listed grocery chain operator MerryMart Consumer Corp. grew its net profit in the first quarter by 50.5 percent year-on-year to P8.35 million with the rollout of new…
LUCIO Tan Tycoon Lucio Tan-led conglomerate LT Group Inc. (LTG) is bracing for a tougher period for its tobacco, liquor, property and banking businesses for the remainder of 2020, during…
A 7-Eleven store Photo by LEO M. SABANGAN II. Leading convenience store operator Philippine Seven Corp. (PSC), the exclusive Philippine licensor of 7-Eleven, is disbursing as much as P711 million…
The global pandemic has encouraged many industries to adjust and find ways to thrive in the new normal. In the education sector, institutions are expected to explore new ways of…
LONDON — Energy producer Royal Dutch Shell warned Tuesday it will slash the value of its assets by $22 billion to account for lower oil and gas prices amid the…
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