The DOF said the Philippines does not have a loan from South Korea meant to fund bridges. This was after South Korea's President allegedly suspended the loan amid corruption concerns.
National Australia Bank cuts 410 jobs, to hire in India and Vietnam
National Australia Bank is cutting 410 jobs in its technology and enterprise operations in Australia and creating 127 roles in India and Vietnam, a spokesperson said, confirming cuts first revealed by ...
Philippines stopped seeking South Korean funding for bridge project in 2024 — officials
There was never any active loan agreement from South Korea to fund a multi-billion-peso bridge project in the Philippines, according to two departments, which say the Philippines had only agreed to ...
Geopolitical tensions, uncertain economic growth keep Philippine CEOs up at night
Philippine CEOs’ confidence in the government’s fight against corruption also declines amid the unraveling of rampant corruption in flood control projects ...
Union Bank of the Philippines
The latest news and top stories on Union Bank of the Philippines. A leading entity in the finance sector, Pasig City-based Union Bank of the Philippines specialises in a comprehensive range of banking ...
Senate finance panel clears 2026 budgets of OP, PMS
The Senate Finance Committee on Wednesday approved the proposed PHP27.3 billion budget for the Office of the President (OP), as well as the PHP882.5 million for the Presidential Management Staff (PMS) ...
Cloud modernization can accelerate financial firms’ shift from old systems
CLOUD modernization solutions can help Philippine financial institutions as they move to transition out of their outdated legacy systems, according to US-based software firm Rocket Software, Inc.
Senate Flags Risks in Pakistan Virtual Assets Bill 2025
Senate Committee raises concerns over Pakistan’s Virtual Assets Bill 2025, citing crypto misuse, money laundering risks, and calls for balanced regulation.
India won’t pass new crypto laws, fears systemic risk
India has dropped plans to pass any law to regulate crypto, choosing instead to keep watching the sector from a distance. According to Reuters, a government document drafted this month says officials ...
Bangladesh finally see the power of hitting sixes
Bangladesh have taken more risks during the powerplay in 2024-25 than they did in 2021-23. They have a better strike-rate (123.62) while hitting the ball down the ground in 2024-25 compared to 2021-23 ...