Globe Telecom secured $100 million in debt financing to help fund its 2021 spending. The Ayala-led telco told the local bourse on Monday it inked the loan facility with Bank of China (Hong Kong) …
China’s Recovery Remains Unbalanced as Consumer Spending Lags
China’s recovery was a mixed bag in April, with industrial output and investment buoyed by strong exports and a hot property market, while retail sales missed forecasts.Industrial output rose 9.8% in …
Construction of all communication towers along China-Laos railway completed
China Railway Construction Electrification Bureau Group Co., Ltd./Handout via Xinhua] The construction of all 67 communication towers along the China-Laos railway has been completed, marking a major …
Construction of all communication towers along China-Laos railway completed
China Railway Construction Electrification Bureau Group Co., Ltd./Handout via Xinhua] The construction of all 67 communication towers along the China-Laos railway has been completed, marking a major …
Sri Lanka bonds go from Asia’s worst to best after China loan
Sri Lankan government debt is leading gains in Asian dollar bonds this year as investors bet that the nation will avoid defaulting on its short-term notes, with the help of a Chinese funding facility.
Sri Lanka bonds go from Asia’s worst to best after China loan
Sri Lankan government debt is leading gains in Asian dollar bonds this year as investors bet that the nation will avoid defaulting on its short-term notes, with the help of a Chinese funding facility.
China says retail sales grew 17.7% in April, missing expectations
Retail sales rose 17.7% last month from a year ago, the National Bureau of Statistics said Monday. That missed expectations of 24.9% growth in April, according to analysts polled by Reuters. Official …
Everest: China closes its side of mountain over Covid fears, as climbers start to scrap expeditions
China has suspended its spring climbing season from the Tibetan side of Mount Everest, the state-run Xinhua News Agency said on Saturday, and climbers have begun to scrap their expeditions on the …
China Bars Foreign Curriculum, Ownership in Some Private Schools
China currently has private K-9 schools which teach local and foreign curriculum. The members of the board of directors or other decision making body at a private K-9 school should be Chinese …
China’s industrial output growth slows in April, retail sales miss forecasts
China’s factory output growth slowed in April from the jump seen in the previous month while retail sales missed analyst expectations, indicating more pressure on the recovery in consumption.