AWEN and its role in ASEAN

By Pacita U. Juan
It is a tall order to gather the needs of over 300 million women in ASEAN so that policy changes may be suggested to...

Whereabouts of former Thai PM Yingluck unknown, minister says

BANGKOK -- Thailand’s defense minister on Monday said he did not know the whereabouts of former prime minister Yingluck Shinawatra, days after she failed...

Foreign banks eye PHL presence

By Melissa Luz T. Lopez, Senior Reporter AT LEAST two global banks are looking to establish their presence in the Philippines, the central bank chief said,...

Life is beautiful

By Filomeno S. Sta. Ana III
Twenty years ago, the film Life is Beautiful made its screen debut. In spite of being a non-Hollywood film, it became a commercial success....

More MyTown dorms to open in next 12 months

SM INVESTMENTS Corp. (SMIC) expects a total of 12 dormitory buildings under the MyTown brand to be up and running within the next 12...

Braving security fears, Chinese seek ‘Silk Road’ riches in Pakistan

LAHORE, PAKISTAN/SHANGHAI — Zhang Yang, a businessman from Chongqing in southwest China, is searching online forums for fellow stout-hearted entrepreneurs willing to cast aside...

Houston crippled by catastrophic flood; evacuations ordered

HOUSTON -- Tropical storm Harvey was set to dump more rain on Houston on Monday, worsening flooding that has paralyzed the country’s fourth biggest...

Peso to trade sideways ahead of key US reports

THE PESO will likely trade sideways versus the dollar in the coming days after the much-awaited speeches of central bank officials failed to shed...

AirAsia urges Finance dep’t to scrap departure tax

THE Finance department is considering the proposal of Malaysia-based AirAsia Berhad to lower or scrap the departure tax in small airports. A Department of Finance...

PHL stocks seen sideways after Fed symposium

LOCAL SHARES will continue trading sideways this week, with the market to take its lead from Wall Street following speeches by key central bankers...

Planned reserve ratio requirement cut to boost lenders

REDUCING the 20% reserve standard will allow big banks to expand faster with additional funds at its disposal, the head of the Bank of...

BSP unfazed by current account deficit

THE PHILIPPINES will maintain a modest current account deficit that is unlikely to hit alarming levels, with the component trade gap expected to “correct”...