Return of 35-day T-bills yields P15-B in awarded IOUs
The Bureau of the Treasury’s offering of 35-day T-bills on Tuesday (April 21) was met with robust demand leading to P15 billion in awarded IOUs with an average rate of…
Wuhan restarts: Measures announced to boost consumption
A poster of the consumption coupon issued by the Wuhan municipal government and Alipay. China Daily/Asia News Network BEIJING — Wuhan has unveiled a series of measures to ensure people’s…
Electronics industry gearing up for surge in demand in post-coronavirus era
Korea Chamber of Commerce and Industry Vice Chairman Woo Tae-hee (left) speaks at a meeting with electronics industry experts, Tuesday. (Yonhap) SEOUL — South Korea’s electronics industry is gearing up…
S. Korea pledges sufficient forex liquidity for virus-hit exporters, importers
Yonhap via The Korea Herald/Asia News Network SEOUL — South Korea‘s finance ministry said Tuesday it will continue to supply sufficient foreign-exchange liquidity to exporters and importers hit by the…
Pump prices in Singapore remain unchanged despite plunge in oil prices
A litre of 92-octane and 95-octane petrol is reportedly listed at $2.05 and $2.09 respectively across all brands. The Straits Times/Asia News Network SINGAPORE — Fuel pump prices in Singapore…
China announces more policies to boost economy
Crude oil is processed at Tahe refinery of Sinopec in Kuqa in the southern part of the Xinjiang Uygur autonomous region on March 24. BEIJING — China announced new debt…
Medical waste disposal brings challenges, big opportunities
Employees dispose medical waste at a makeshift hospital in Wuhan, capital of Hubei province, on Feb 27. BEIJING — Discarded masks, gloves and protective gowns are just some of the…
ING’s mobile bank keeps high interest rate
Hans B. Sicat (From his Twitter account) Dutch financial giant ING is keeping the above-industry deposit rate of 4 percent per annum offered through its mobile consumer banking platform until…
Shares skid after oil prices dip into negative territory
BANGKOK — Asian shares skidded on Tuesday after U.S. oil futures plunged below zero with storage for crude nearly full as demand collapses due to the pandemic. A man wearing…
AUB unveils new e-wallet | Inquirer Business
AUB’s new e-wallet solution HelloMoney The Rebisco group’s banking arm Asia United Bank (AUB) has rolled out a new digital wallet for consumers seeking to migrate to electronic banking channels…