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SINGAPORE — In a major move to revive the construction industry, the authorities have cleared the decks for thousands of workers to restart work without their employers needing to apply…
A customer makes a payment using e-wallet at a supermarket in HCM City. With more customers using e-wallets, mobile banking and web applications, banks and financial service providers need to…
TOKYO — Asian shares were mostly higher on Thursday, cheered by the rally on Wall Street that’s likely a boon for export-driven regional economies, even as investors worry about the…
MANILA, Philippines – Pilipinas Shell Petroleum Corp. is permanently shutting down its refinery in Batangas and turning it into an importation hub amid continually low refining margins, no thanks to…
Stocks marched broadly higher on Wall Street Wednesday, briefly nudging the S&P 500 above its all-time closing high set in February, before the coronavirus pandemic led to a historic market…
Another bank and a multilateral institution have further downgraded their 2020 economic outlook for the Philippines after the government reverted 50 percent of the economy to stricter lockdown this month…
The Department of Information and Communications Technology (DICT) plans to revise its common tower rules after big contractors complained about its feasibility and indicated they would “back away,” DICT Undersecretary…
The benchmark Philippine Stock Exchange index (PSEi) edged higher on Wednesday as investor confidence grew despite the recent increase in COVID-19 infections. By the closing bell on Wednesday, the PSEi…
The Manila-based Asian Development Bank (ADB) has extended to the Philippines a $400-million loan to be spent on programs and projects that will lift more agriculture workers from poverty by…
Visitors line up in the rain for the opening of the first Beijing outlet for Shake Shack in Beijing on Wednesday, Aug. 12, 2020. The U.S. headquartered burger chain is…
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