China’s $15-trillion shadow banking bares cracks
BEIJING/SHANGHAI — Strains are spreading in China’s $15-trillion shadow banking industry as investors pull back from the debt-like savings products that helped drive leverage...
Interview with Intrepid Ventures’ Zach Piester
Zach Piester: There are many talented and motivated entrepreneurs in SE Asia that are doing amazing things
Zach Piester: We're finding some great social enterprises...
2017 growth ‘strong’ despite slowdown
By Christine Joyce S. Castañeda
Senior Researcher
THE PHILIPPINE ECONOMY expanded last quarter at a pace slightly slower than expected even as full-year growth fell within...
Landbank board gives green light to acquire 66.67% stake in PDS
THE LAND BANK of the Philippines’ (Landbank or LBP) board of directors approved in its meeting yesterday the move to acquire a majority stake...
Finance dep’t to submit another tax reform tranche to Congress by month’s end
By Elijah Joseph C. Tubayan
Reporter
THE DEPARTMENT of Finance (DoF) will submit to Congress another tranche of the second tax reform package by the end...
Southeast Asia-focused China fund raising up to $3 billion for Silk Road projects
HONG KONG -- A quasi-sovereign Chinese fund focused on Southeast Asia is targeting raising up to $3 billion in a new dollar fund, adding...
PHL urged to spend $22.8 billion on cybersecurity
THE PHILIPPINES needs to spend $22.8 billion (P164 billion) on cybersecurity between 2017 and 2025 to be in line with “global best-in-class countries,” according...
Gov’t makes partial award of Treasury bonds
THE GOVERNMENT yesterday made a partial award of fresh three-year Treasury bonds (T-bonds), as the Treasury tried to temper increase in rates.
At its auction...
Solaire to give Bloomberry shares to loyal patrons
A UNIT of Bloomberry Resorts Corp. (BRC) has bought P4.24 million worth of the company’s shares, which will be given as a reward for...
Monetary Board sets ‘know-your-member’ rules for loan associations
THE Monetary Board (MB) approved on Tuesday new guidelines to protect Non-Stock Savings and Loan Associations (NSSLAs) members and its investments.
In a statement on...
The Tooth Doctor wins business name tussle vs D’Tooth Doctors
THE Securities and Exchange Commission (SEC) sided with dental clinic The Tooth Doctor in a tussle with D’Tooth Doctors Co. over their “confusingly similar”...