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Philippines Business Groups Want Full Opening Of Public Services

The Philippines business leaders have joined the clamor of foreign firms for the full lifting of foreign equity restriction in public services sector, particularly...

Philippine Airlines To Return 22 Planes, Focuses On Survival

Philippine Airlines will return 22 aircraft, mostly Airbus AIR.PA and Boeing BA.N jets, to lessors as it pursues a financial restructuring programme to survive after the...

The Massive Potential For FinTech In Southeast Asia

It is almost certain that when we talk about financial technology (fintech) development in Asia-Pacific, the focus usually shifts on China or even India...

Grab Starts Online Supermarket In Philippines For User Growth

Grab is launching an online supermarket in the Philippines as it tries to move beyond meal deliveries and ride-hailing to boost revenue. Consumers in Metro...

Philippines Gets $2.8 billion From IMF, Boosting COVID-19 War Chest

The International Monetary Fund (IMF) gave the Philippines $2.8 billion (P139.4 billion) worth of special drawing rights (SDRs), boosting the country's foreign exchange buffer and...

Philippines To Hold Rates While Malaysia Set To Replace Base Rate...

As Philippines struggles with elevated Covid cases, the Philippine central bank is expected to keep its benchmark interest rate at a record low on...

Philippines’ PLDT Said To Weigh $800 Million Telecom Towers Sale

PLDT Inc., the Philippines' biggest telecommunications and digital services provider by market value, is considering selling its local towers in a deal that could...

Record $4.9 Billion Raised In South-East Asia IPOs In First Half...

Companies in South-east Asia raised a record US$4.9 billion through initial public offerings (IPOs) in the first six months of this year, according to...

South Korea Aims To Update Free Trade Agreement With ASEAN

South Korea's trade ministry said on Tuesday (Jul 27) it has launched talks with ASEAN to update their free trade agreement (FTA) and further...

Goldman Sachs Says Covid Delta Variant Could ‘Significantly’ Hit Growth In...

Covid-19 infections are surging in several major Southeast Asian economies, and that has led Goldman Sachs to cut its 2021 growth forecasts for most...

Netbank And Investree Launch SME Lending In The Philippines

Netbank, the banking as a service platform, and Investree, the leading SME lender from Indonesia, have announced a partnership to expand loans to SMEs...

Asian Equities See Foreign Outflows In June As Virus Woes Weigh

Foreigners turned net sellers of Asian equities in June for a second consecutive month, as growing inflationary pressure and a spike in coronavirus cases...

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