As the Philippines accelerates on its journey toward a fully digital economy, the financial sector finds itself at the center of both opportunity and risk. Consumers and businesses increasingly rely ...
AI, blockchain, and cybersecurity: The triple shield for the Philippine financial system
As the Philippines accelerates on its journey toward a fully digital economy, the financial sector finds itself at the center of both opportunity and risk. Consumers and businesses increasingly rely ...
World Bank to finance $23B to support gov’t programs for 2025 to 2031
The World Bank Group (WBG) will be financing up to $23 billion (P1.32 trillion) to support the national government’s development programs in the next six years. President ...
Big Japan banks’ overseas loans top $680bn on larger US projects
Overseas loan balances for Japan's three major banks totaled 102 trillion yen ($686 billion) as of the end of March, topping 100 trillion yen for the second straight year ...
Finance chief cites economic growth
FINANCE Secretary Ralph Recto on Tuesday said that the Philippine economy remained one of the fastest-growing economies despite rising global uncertainties. During the post-State of the Nation Address ...
Japan Finance Ministry upgrades economic assessment for Okinawa
Okinawa is enjoying an economic rebound thanks to some strong tourism numbers, according to Japan's Finance Ministry. Officials have upgraded their economic assessment for the southern island ...
‘My Body is Burning’: How Climate Change is Worsening Bangladesh’s Labor Exploitation
Climate Rights International's report paints a distressing portrait of what it describes as a crisis "unfolding at the intersection of climate change and labor exploitation." ...
Japan’s state-backed JIC to launch $5.4bn fund for big restructuring deals
TOKYO -- The state-backed Japan Investment Corp. will set up an 800 billion yen ($5.4 billion) fund as early as this year for sweeping business overhauls as Japanese companies log a record pace of ...
Indonesia’s FDI drop 6.95% y/y in Q2, biggest fall since 2020
Foreign direct investment into Indonesia dropped 6.95% in the second quarter from a year earlier to 202.2 trillion rupiah ($12.3 billion), investment ministry data showed on Tuesday, marking the ...
China trade talks underway: The ‘goalposts’ have shifted
Tariff talks between the US and China are winding down in Stockholm with expectations of a 90-day pause that would keep current rates in place and possibly pave the way for a Trump–Xi Jinping meeting ...