by ev3v4hn | May 25, 2020 | Business News
The Philippines needs to make several key “structural reform initiatives” to prepare the economy for the post-pandemic environment that will look very different from what it was less than three months ago, according to the chief of the central bank. Speaking before a business forum recently, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said […]
by ev3v4hn | May 20, 2020 | Business News
The central bank wants local financial technology (fintech) firms to play a bigger role in the new economy that will emerge from the coronavirus pandemic to include lending money on a retail basis—functions previously the exclusive domain of traditional financial...
by ev3v4hn | May 19, 2020 | Business News
Thanks, but no thanks. This was the stance of the country’s top monetary manager to an emergency cash facility that the International Monetary Fund (IMF) made available to its member-nations recently to help them cope with any capital flight caused by the COVID-19...
by ev3v4hn | May 18, 2020 | Business News
BEIJING — Asian stock markets rose Monday after the chief U.S. central banker expressed optimism the the American economy might start to recover this year from the coronavirus pandemic. A currency trader walks by the screens showing the foreign exchange rates at the...
by ev3v4hn | May 16, 2020 | Business News
MANILA, Philippines — Refusing to report to work despite the lack of mass transportation or company shuttles might reflect badly on workers, said Trade and Industry Secretary Ramon Lopez, leaving workers with the burden of finding a way against all odds. On Saturday,...
