MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) appeared wary of proposals to withdraw large-denomination peso bills from circulation as a supposed deterrent to corruption, with Governor Eli Remolona Jr. warning that such a move could do more harm than good. Speaking to reporters on Monday, Remolona said the idea, while still under discussion,
Every year, the world’s top central bankers, policymakers, academics and market movers descend on Jackson Hole, Wyoming, for the Federal Reserve Bank of Kansas City’s high-profile symposium—a must-watch event where one stray comment can jolt global markets. Now, the Bangko Sentral ng Pilipinas (BSP) wants its own version of that. READ: BIZ BUZZ: Mapua opens
MANILA, Philippines — The lawyer of Sen. Francis “Chiz” Escudero was unable to appear before the Commission on Elections (Comelec) on Monday to submit an affidavit with regards to the P30-million donation given to the lawmaker by a contractor, asking the commission for an extension instead. “We received information that the lawyer may ask for
Global airlines are facing over $11 billion in additional costs this year due to supply chain disruptions, a new report by the International Air Transport Association (IATA) has revealed.
The Bilateral Trade Agreement (BTA) was initiated in February after leaders of India and the US directed officials to negotiate the pact. The first tranche of the agreement was planned to be concluded by the fall of 2025 (October-November). So far, five rounds of negotiations have been completed.
Pine Labs, a leading fintech company backed by Peak XV, is gearing up for an initial public offering (IPO) next month.
Adani Properties has filed an application in the Supreme Court as a “proposed buyer” to support Sahara’s request for selling 88 of its properties.
According to an official statement, PM Modi recalled his “extremely productive” meeting with Canadian counterpart Mark Carney during his visit to Canada for the G7 Summit in June. He extended his warm wishes to Carney and said he looked forward to further engagements between the two countries.
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Why is MTV shutting down music channels across Europe?