Government urged to be transparent over funds in ‘Odette’ aftermath
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HOUSES were destroyed by Typhoon Rai (Odette) are seen in Surigao del Norte in this photo taken by the Philippine Coast Guard…
Coronavirus pandemic slams revenues of Philippines’ top 1000 firms
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Operations of many businesses were affected by the strict lockdown implemented to curb the coronavirus disease 2019 (COVID-19) outbreak last year. A…
Firms participating in an ACH told to manage liquidity risks
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A DRAFT circular from the central bank said financial institutions must manage the liquidity risks that could come from settlement activities. FINANCIAL…
ECB must follow peers with tough inflation message, Wunsch says
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THE European Central Bank (ECB) risks underestimating the threat posed by inflation and falling too far behind global peers in confronting soaring…
Colombia central bank raises rate to 3% on rising inflation
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BOGOTA — Colombia’s central bank board raised the benchmark interest rate by 50 basis points to 3% on Friday, as policymakers look…
IPO stability fund requirement seen as encouraging for investors
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By Keren Concepcion G. Valmonte, Reporter REQUIRING a stability fund for companies planning to go public with a secondary share component may…
JCurve targets local sectors for service management solutions
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By Arjay L. Balinbin, Senior Reporter AUSTRALIA-LISTED cloud technology solution provider JCurve Solutions Ltd. is targeting various sectors in the Philippines for…
Bank of Canada likely to signal earlier rate hikes possible
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INFLATION surging, the Bank of Canada is likely to change its interest rate guidance in the new year so that it has…
Paschi planning to raise $2.8B for capital needs
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BANCA MONTE dei Paschi di Siena SpA plans to raise €2.5 billion ($2.8 billion) to cover capital needs after the Italian government’s…
Price freeze on farm products eyed for storm-hit provinces
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PHILIPPINE COAST GUARD FB PAGE THE AGRICULTURE department said regions on the track of Typhoon Odette (International name: Rai) may be subject…