New lender looking to establish virtual bank in the Philippines
A LENDER is looking to join the virtual banking race in the Philippines, according to Bangko Sentral ng Pilipinas (BSP) Deputy Governor Chuchi G. Fonacier.
Philippines is Radisson Hotel Group’s 3rd biggest market in Asia-Pacific
THE Philippines continues to be an important market for the Radisson Hotel Group, which is in the midst of a five-year plan to triple its footprint in Asia Pacific.
BoJ can still deepen rates, within limits
TOKYO — The Bank of Japan (BoJ) has room to deepen negative interest rates, Governor Haruhiko Kuroda said on Tuesday, but he signaled there were limits to how far it can cut rates or ramp up stimulus.
Ant looks to join race for Singapore bank licenses
BILLIONAIRE Jack Ma’s Ant Financial Services Group said it may apply for a virtual banking license in Singapore, a move that would add a heavyweight contender to the race.
The nation through the eyes of young artists
JUSTIN ANGELO D.G. VITAL, 21, led the invocation at this year’s Shell National Students Art Competition (NSAC) awarding ceremony at the Glorietta Mall in Makati on Nov. 11. At that moment, he did not know that he was among the 12 winners to be awarded for their art depicting country’s reality, its citizen’s actions, and aspirations for its future.
MullenLowe’s NOVA Awards Manila shortlist out
MARKETING communications company MullenLowe has announced the shortlist for its inaugural NOVA Awards Manila which “celebrates the work of the Philippines’ most talented artists,” according to a company release.
Kärcher returns to clean its 3rd cultural site in PHL
AFTER THE cleanup of the Rizal Monument in Luneta Park in December 2017 and the People Power Monument along EDSA in February 2018, German cleaning equipment manufacturer Kärcher returned to Manila for the weeklong restorative cleaning of the UNESCO World Heritage Site, the San Agustin Church in Intramuros, Manila.
Claimant countries told to ‘act collectively’ vs China
COUNTRIES claiming parts of the South China Sea should assert their rights and act collectively to set China on the right path, United States Defense Secretary Mark Esper said yesterday.
VP unlikely to be given Cabinet rank
PRESIDENT Rodrigo R. Duterte is unlikely to give Vice President Maria Leonor G. Robredo a Cabinet rank because she’s intent on revealing confidential information about the Philippines’ deadly war on drugs, the presidential palace said yesterday.
Prosecutors asked to junk drug complaint
A POLICE officer asked government prosecutors to dismiss a complaint for graft and drug trafficking against him, former police chief Oscar D. Albayalde and 12 other cops accused of recycling illegal drugs seized from a 2013 operation.
Bourse climb as Wall Street rises on trade talks
PHILIPPINE SHARES rebounded on Tuesday following Wall Street’s positive performance overnight amid developments in the Sino-US trade negotiations.
No reversal in rice import policy, NEDA’s Pernia says
SOCIOECONOMIC Planning Secretary Ernesto M. Pernia said Tuesday that the government has no plans to halt rice imports as reversing this policy could cause a renewed spike in inflation.