The central bank wants to learn from private-sector digital currencies — but still believes they are inferior to central bank money ... ( read original story ...)
India Has Set Aside $7 Billion to Vaccinate the World’s Second Biggest Population
India’s government has set aside about 500 billion rupees ($7 billion) to vaccinate the world’s most populous country after China against the coronavirus, according to people with knowledge of the ... ( read original story ...)
India Keeps $7 Billion Ready For Vaccine At $2 A Shot: Report
The government has set aside about 500 billion rupees ($7 billion) to vaccinate the world's most populous nation after China against the coronavirus, according to people with knowledge of the matter. ( read original story ...)
Cargill sets P12-B investment for 5-year expansion plan in Philippines
American agribusiness giant Cargill is setting aside P12 billion worth of investments to expand its operations in the Philippines in the next five years, noting that the company is still optimistic in ... ( read original story ...)
COVID-19 infections in the Philippines breach 363,000, deaths now at 6,783
The Department of Health confirmed 1,664 mores cases of novel coronavirus on Saturday, bringing the national caseload to 363,800. ( read original story ...)
Finance and Foreign Policy Mix When China and Japan Lock Horns
Though much discussion about geopolitical influence in Asia centres on U.S.-China conflict, Tokyo is the real financial challenger to Beijing. ( read original story ...)
Are China’s Bonds as Safe as Treasuries? Not Quite. But They’re Closer Than You Think.
Investing in Chinese bonds certainly poses some risks, but many fears are overblown. Global bond fund managers are increasingly looking to China for not just yield, but safety as well. ( read original story ...)
Market Wrap: Philippine stocks sizzle as US stimulus talks progress
The Philippine Stock Exchange is, so far, among the world's best performers this week Positive sentiment over fiscal stimulus talks in the United States continued to spill over to the local stock ... ( read original story ...)
Team Toyota Philippines bids for GR Supra GT Cup Asia 2020 Regional title
The fate of the Philippines’ top GR Supra online racers will be determined this weekend as they bid for the grand title at the GR Supra GT Cup Asia regional finals. Team Philippines, composed of ... ( read original story ...)
Philippine central bank says more groundwork needed before it can issue digital currency
The central bank recently completed its study on digital currencies as a potential future alternative to the current system of physical peso bills as a medium of transferring value, but the country’s ... ( read original story ...)