by ev3v4hn | Jul 30, 2020 | Business News
In this July 13, 2020 file photo, a For Rent sign hangs on a closed shop during the coronavirus pandemic in Miami Beach, Fla. Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about the likelihood of any sustained recovery the […]
by ev3v4hn | Jul 30, 2020 | Business News
From breaking the duopoly to recent threats of a takeover, President Rodrigo Duterte’s relationship with industry giants PLDT Inc. and Globe Telecom has been a tense affair since the start of his administration. With his term ending in 2022 and the launch of a...
by ev3v4hn | Jul 30, 2020 | Business News
The Bangko Sentral ng Pilipinas (BSP) is now pilot testing an automated “chatbot” that will assist consumers in their complaints against banks and other financial institutions under the supervision of the central bank. Named BSP Online Buddy or “BOB,” the chatbot will...
by ev3v4hn | Jul 30, 2020 | Business News
Prices of consumer goods and services were expected to have risen between 2.2 to 3 percent in July — higher than the central bank’s forecast for June — due to rising rice and petroleum prices, according to the institution’s economists. In a statement, Governor...
by ev3v4hn | Jul 30, 2020 | Business News
MANILA, Philippines — Bangko Sentral ng Pilipinas-registered foreign portfolio investments for June 2020 yielded net outflows of $235 million resulting from the $1.3 billion gross outflows and $1.0 billion gross inflows for the month. This is smaller than the recorded...
