ADB eyes blockchain for Asia cross-border securities transactions

MANILA — The Asian Development Bank (ADB) has launched a project to make cross-border securities transactions in Asia and the Pacific more efficient and secure through...

Inflation hits 3.5%, but one high number won’t budge the Reserve Bank on interest rates

Australia’s Consumer Price Index rose 1.3% in the three months to December, bringing inflation for the full 2021 year to 3.5%. This is above the Reserve...

IBC welcomes AIG to its industry association

PH digital transactions to grow despite challenges: BSP chief

MANILA – Digital transactions in the Philippines are expected to further increase as regulators and other stakeholders continue to strengthen the system and put additional safeguards...

Another big-time oil price hike set this week

MANILA – Prices of petroleum products will increase for the fourth consecutive week effective Tuesday. In separate advisories, Caltex, Cleanfuel, Petro Gazz, Petron, Seaoil, and Shell...

BSP eyes to finish probe into BDO cyberattack by month’s end

MANILA – Monetary authorities aim to finish by the end of this month the investigation on cyber-hacking of several accounts with the Sy-led BDO Unibank Inc....

How businesses can best help employees disconnect from work

A number of countries have recently introduced legislation giving employees the legal right to disconnect electronically from work. Originating in France, right-to-disconnect initiatives mandate that organizations...

How Microsoft’s Activision Blizzard takeover will drive metaverse gaming into the mass market

Microsoft was positioning itself as one of the pioneers of the metaverse even before its US$75 billion deal to buy online gaming giant Activision Blizzard. In...

Some of the super-rich want to pay more tax – but society cannot afford to depend on them

Demands for the super wealthy to pay more taxes are not new. But they don’t usually come from billionaires or millionaires. Yet on January 19 2022,...

PH, Russia reaffirm efforts on potential use of small reactors

DUBAI, United Emirates – The Philippine Department of Energy (DOE) and the Russian State Atomic Energy Corporation (ROSATOM) on Thursday reaffirmed their collaborative efforts to explore the...