External debt payments down by 3.8% at end-Aug.
THE PHILIPPINES’ external debt service burden fell at the end of August as principal payments declined, preliminary data from the central bank showed. Source link
Category: Business
Sustained reforms needed even after exit from ‘gray list’ — AMLC
THE PHILIPPINES is expected to finally exit the Financial Action Task Force’s (FATF) “gray list” by February, the Anti-Money Laundering Council (AMLC) said, but continued reforms will be crucial …
Honda PHL announces recall of 16,831 cars over fuel pumps
HONDA Cars Philippines, Inc. is recalling 16,831 units across 11 car models to replace faulty fuel pumps. In a letter to the Department of Trade and Industry posted last …
PHL banks to start interest rate swaps
THE ENHANCED PESO interest rate swap market is set to open on Monday (Nov. 18), a move the Bangko Sentral ng Pilipinas (BSP) said will mark a “significant step …
Tesla touches down in PHL
A HISTORIC moment for the Philippine automotive industry unfolded as Tesla officially began its operations in the country. The arrival of the renowned electric vehicle (EV) pioneer is fancied …
Clifton R. Wharton Jr., Who Broke Racial Barriers, Is Dead at 98
He was the first African American to become president of a large white university, C.E.O. of a major corporation and deputy secretary of state. Source link
A messier Middle East awaits Trump’s second coming
IT DIDN’T TAKE LONG. Within days of Donald Trump’s election victory, Israel’s leaders up to Prime Minister Benjamin Netanyahu became more open about their intentions for the Palestinian territories: …
Election Reveals Right-Wing Shift of Social Media Platforms
If the election underscored anything about the internet, it was the ascendancy of social platforms for the right. That puts Democrats at a disadvantage. Source link
BSP’s end-August income quadruples
THE PHILIPPINE central bank’s net income rose 3.6 times to P105.6 billion in January to August from a year earlier due to higher interest earnings, according to data posted …
Gen Zs seek meaningful work, financial security, study finds
GEN Zs, or those born between 1995 and 2012, are reshaping workplace expectations as they value meaningful and fulfilling work, while also prioritizing financial security, a new study from …