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A department store in Malaysia, which has been closed since March, has replaced items on display after they were found to have mold. Photos of bags and shoes covered in…
Philippine banks lent out money at a quicker pace in March in step with the central bank’s moves to pump the local financial system with cheap funds and buttress the…
As some stores selling essential goods ran out of official receipts during enhanced community quarantine (ECQ), the Bureau of Internal Revenue (BIR) has allowed the use of temporary invoices. Internal…
The decision of credit watcher Moody’s Investor Service to maintain the Philippines’ debt rating and outlook is a positive development given the economic malaise that is spreading around the world…
The Philippines and Malaysia are expected to lag behind their Asia-Pacific peers in bouncing back from the socioeconomic fallout from the COVID-19 pandemic due to the slow containment of the…
The Bureau of the Treasury on Tuesday (May 12) sold P30 billion in three-year T-bonds amid robust demand for long-term securities. The bonds with a remaining life of two years…
The Department of Finance (DOF) wants President Rodrigo Duterte to have a direct role in the grant of fiscal incentives to investors that would attract more investments during the COVID-19…
BANGKOK — Shares fell Tuesday in Asia as worries over fresh outbreaks of coronavirus cases overshadowed hopes over reopening economies. A worker cleans near a bank’s currency advertisement board in…
MANILA, Philippines — The Philippines needs to “restart and accelerate” its “Build, Build, Build” infrastructure program and hire contact-tracers “en masse” to revive the economy after being waylaid by the…
MANILA, Philippines – ABS-CBN Corp. rejected buyout rumors as murmurs swirled that billionaires are keen on taking ownership of the beleaguered media giant after it was ordered by the Duterte…
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