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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…
Benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia advanced. U.S. shares gained Friday despite a government report that American employers cut a record-setting 20.5 million jobs in April. Investor…
A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, May 6, 2020. Asian stock markets were mixed…
MANILA, Philippines – The Philippines’ top monetary manager expects the local economy the enter a recession over the next six months before recovering in the fourth quarter, and entering an…
SEOUL — With the COVID-19 infection curve in South Korea having slowed down in recent weeks, the local bourse is gradually recovering its momentum on the back of an influx…
MANILA, Philippine — The economic team is moving to arrest the impact of the COVID-19 pandemic and the resulting lockdown across the country in order to avert slow recovery and…
The Philippines is interested in the Asian Infrastructure Investment Bank’s (AIIB) proposed $5-billion COVID-19 crisis recovery financing, Finance Secretary Carlos G. Dominguez III said Friday. The Beijing-based multilateral lender said…
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