by ev3v4hn | Jun 30, 2020 | Business News
LONDON — Energy producer Royal Dutch Shell warned Tuesday it will slash the value of its assets by $22 billion to account for lower oil and gas prices amid the COVID-19 pandemic. With the virus outbreak hurting the long-term prospects of the global economy, the company said it continues “to adapt to ensure the business […]
by ev3v4hn | Jun 30, 2020 | Business News
HONG KONG — The Chinese mainland moved to further deepen its economic ties to Hong Kong, allowing two-way, cross-border purchases of wealth products. As per detailed announced, a pilot program will facilitate cross-border purchase of wealth management products (WMPs)...
by ev3v4hn | Jun 30, 2020 | Business News
The General Santos manufacturing facility of Century Pacific Food Leading canned food producer Century Pacific Foods Inc. (CNPF) – one of the few business groups that are booming during this coronavirus pandemic – is front-loading its expansion program while plotting...
by ev3v4hn | Jun 30, 2020 | Business News
MANILA, Philippines — With more foreign loans and domestic borrowings availed in May to finance the fight against COVID-19, the national government’s outstanding debt stock further climbed to a fresh high of P8.89 trillion. In a report Tuesday, the Bureau of the...
by ev3v4hn | Jun 30, 2020 | Business News
MANILA, Philippines — The pace of price increases in the local economy likely stayed “benign” in June as rising petroleum and rice prices were likely offset by cheaper cooking fuel and electricity rates, according to the central bank’s economists. In a statement,...
