Six business groups back amendments to bank secrecy laws; Aimed at fighting corruption and money laundering
Six major Philippine business groups on Friday gave their support to measures aimed at amending the country’s bank secrecy laws,…
Product standards issued for parols; Aimed at protecting consumers and improving craftmanship
A Philippine National Standard (PNS) has been issued for parols (Philippine-made lanterns), aimed at protecting consumers and further lifting the…
SEC gets indictment vs three groups soliciting investments without licenses
The Securities and Exchange Commission (SEC) has secured the indictment of three groups that solicited investments from the public without…
Gold price reaches new record of $4,200 per ounce
The price of gold continues to climb, reaching a record of at least $4,200 per ounce on October 15, as…
IMF sounds alarm over global public debt; Seen exceeding 100% of global GDP by 2029
As the global economy battles headwinds, the International Monetary Fund (IMF) warned of the worsening global debt crisis that is…
HSBC & Juspay partner to deliver digital solutions for global merchants
HSBC, and Juspay, a leading payments infrastructure company, have forged a partnership to launch a first-of-its-kind acquiring platform tailored to…
Eroding Trust, Sapping Growth: The Corruption Crisis in the Philippines
The Philippines is confronting one of its most consequential corruption scandals in decades. The exposure of massive irregularities in flood…
Overseas Filipino remittances up 3.2% to $2.98 billion in August
Money sent home by overseas Filipinos (OFs) continued to grow, increasing by 3.2 percent in August this year, the Bangko…
LEPAS sets global journey from China; To demonstrate performance in real-world scenarios
LEPAS has kicked off its Global Journey of Elegant Drive (China Stop), led by the L8, the brand’s first model,…
Hong Kong Exchanges and Clearing to launch biotech index futures
The Hong Kong Exchanges and Clearing Ltd. (HKEX) plans to launch Hang Seng Biotech Index Futures, the latest enhancement to…