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Posted on June 12, 2020

Philippine financial markets close for Independence Day

Philippine financial markets are closed on Friday, June 12, in observance of the country’s 122nd Independence Day. Trading on the Philippine Stock Exchange (PSE) and foreign exchange spot transactions …

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Posted on June 12, 2020

FICO Survey: Philippine Consumers more Comfortable Opening Bank Accounts with Smartphones than Americans and British

The study showed that digital account opening is rapidly becoming the norm in the Philippines, with 76 percent of consumers saying they would open some kind of financial account online. Of those that …

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Posted on June 12, 2020

Australian official urges international students to consider studying in the country as China claims racism

“This is a great place to come and study. Like all countries, of course we are managing issues … from time to time, but overwhelmingly, Australia is a very welcoming, open, transparent, friendly …

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Posted on June 12, 2020

Australia will defend its interests as an ‘exporting nation’: Finance minister

Australia’s Finance Minister Mathias Cormann discusses national trade issues amid the coronavirus outbreak and rising tensions with China.

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Posted on June 12, 2020

China to ensure centrally allocated funds reach local levels directly: finance ministry

China will ensure the special fiscal funds allocated from the central government this year would reach city and county levels directly to support firms and residents in difficulties, a vice finance …

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Posted on June 12, 2020

Zoom Says China Asked It to Censor Pro-Democracy Activists

Zoom Video Communications Inc. said it deactivated accounts of pro-democracy Chinese activists based in the U.S. at the request of China, intensifying concerns that Beijing is extending its censorship …

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Posted on June 12, 2020

China will honor trade deal, wants better U.S. ties, top adviser says

Zhu Guangyao, a former finance minister and Cabinet adviser … and that is also the reflection of the wishes of consumers in China and the United States,” Zhu said. “Such interdependence will not …

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Posted on June 12, 2020

China influence in Southeast Asia is growing — and the U.S. has some catching up to do

The U.S. is playing catch-up to China’s growing political and economic influence in Southeast Asia, and that gap is expected to grow wider in the next decade, according to a report by the Center for …

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Posted on June 12, 2020

China, U.S. should resume timely communication on trade: China adviser

China and the United States should resume timely communication on trade and other issues, a former senior Chinese official said on Thursday, who stressed that the world’s two largest economies are too …

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Posted on June 12, 2020

Budget FY21: Power, energy sector receives Tk26,758 crore

The power and energy sector of Bangladesh is set to receive an allocation of Tk26,758 crore in the proposed national budget for the 2020-21 fiscal year, placed in parliament by Finance Minister AHM …

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