MANILA – A loan and financial package in the amount of P22.4 billion ($508 million) has been approved by the World Bank, Malacanang said on Sunday....
MANILA – Escalating operational costs and local regulatory changes have presented a conundrum for Philippine banks with regard to remittance outlets for overseas remittance units. Banks...
PUERTO GALERA, Philippines—President Benigno Aquino III on Friday paid a visit to Barangay Talipanan in the tourist haven of Mindoro to orient local authorities on...
HONG KONG—Air China says its six-month profit fell by more than half as the weakening yuan raised financing costs and other expenses. The state-owned carrier reported...
NEW DELHI—India’s state-owned banks are conducting a massive campaign to open millions of accounts for the poor. The measure is aimed at some 150 million Indians...
MANILA, Philippines — The Philippine economy expanded by 6.4 per cent in the second quarter and tied with Malaysia as the second fastest growing in Asia...
MANILA, Philippines – A Moody’s Investors Service analyst stressed on two areas, with regard to easing restrictions on foreign investments in the Philippines: reduce power costs...
MANILA — The local stock index recorded the highest gross domestic product (GDP) report for the year on Tuesday. This marks the winning streak for the...
Recently released data on imports indicated a steep decline in shipments of capital goods necessary for the expansion of local businesses and the stimulation of job...
Property consulting firm Colliers International said that the stock of hotel rooms in Metro Manila will reach 21,532 by the end of 2014, as more property...