by ev3v4hn | Jul 17, 2020 | Business News
The European Union (EU) and the Philippines are in talks to possibly divert at least P845 million in grants earlier set aside for peace-building initiatives in Mindanao to COVID-19 response also in the conflict-ridden southern island. Finance Secretary Carlos G. Dominguez III, on behalf of the Philippine government, and EU Delegation to the Philippines chargé […]
by ev3v4hn | Jul 17, 2020 | Business News
Almost a third of Filipinos now have financial accounts, up from slightly less than one-fourth of the population only two years ago — a level that is expected to rise further due to the government-imposed lockdown to fight the coronavirus pandemic, the central bank...
by ev3v4hn | Jul 17, 2020 | Business News
MANILA, Philippines – The government’s dirty money watchdog has found no indications that any of the missing $.19 billion of German electronic payments firm Wirecard AG ever landed on Philippine shores, confirming an earlier central bank pronouncement. In a statement...
by ev3v4hn | Jul 17, 2020 | Business News
MANILA, Philippines — The Philippines’ war chest against the COVID-19 crisis inched up to $21.046 billion (about P1.04 trillion) as of mid-July, although still lower than most of its Southeast Asian neighbors when divided among the relatively bigger population. The...
by ev3v4hn | Jul 17, 2020 | Business News
Robinsons Land Corp. (RLC) Gokongwei-led property developer Robinsons Land Corp. has raised P13.2 billion from a new offering of local bonds, taking advantage of the slowdown in local interest rates to beef up funds for working capital and future expansion. RLC sold...