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MANILA, Philippines – Dollars sent home by expatriate Filipinos declined once more in April, marking the second consecutive period that the impact of the coronavirus pandemic was manifested in monthly…
MANILA, Philippines — The Bureau of the Treasury on Thursday started selling five-year retail treasury bonds (RTB), which fetched a coupon of 2.625 percent. The Treasury awarded an initial P192.7…
MANILA, Philippines — Extending the general community quarantine (GCQ) in Metro Manila and neighboring provinces that host the bulk of the country’s economic activities until this month’s end while COVID-19…
Yuchengco-led Rizal Commercial Banking Corp. has raised P16.6 billion from a new local bond offering which was warmly received by the cash-awash local financial market. The two-year bonds were issued…
A special Air India flight. Twitter | @indembastana via The Statesman/Asia News Network NEW DELHI — Even as the privatization process drags on, India’s national carrier Air India has instituted…
Shares fell back in Asia on Thursday after markets worldwide rallied on rising hopes for a COVID-19 vaccine. A man walks past an electronic stock board showing Japan’s Nikkei 225…
BEIJING — China became the first major economy to grow since the coronavirus pandemic began, recording an unexpectedly strong 3.2% expansion in the latest quarter as anti-virus lockdowns were lifted…
The ADB’s support will be targeted at businesses, households and individuals that have been adversely affected by the crisis. The Phnom Penh Post/Asia News Network PHNOM PENH — The Asian…
The Nation/Asia News Network BANGKOK — The virus crisis has wiped a whopping Bt150 billion ($4.7 billion) off the value of the residential market in Bangkok and surrounding provinces, Krungthai…
BPI logo Ayala-led Bank of the Philippine Islands (BPI) booked P11.68 billion in first semester net profit, down by 15 percent year-on-year as the bank set aside a much larger…
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