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Tag: Philippines

Posted on June 25, 2020

Philippines Surprises With Half-Point Rate Cut to Boost Economy

The Philippines central bank cut its benchmark interest rate by a bigger-than-expected 50 basis points to support an economy facing its worst crisis in decades.Bangko Sentral ng Pilipinas lowered its …

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Posted on June 25, 2020

Philippines to investigate Wirecard’s phantom billions

Wirecard’s missing $2.1 billion is being investigated by the Philippines, which said that the German payments firm’s former chief operating officer Jan Marsalek may be in the country. Justice …

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Posted on June 25, 2020

Timing Is Everything for Philippines Rate Cut: Decision Guide

READ: Philippines Says Plans Underway to Curb Financial System Risks Economists will be watching closely for signs that the central bank is able and willing to continue with its targeted steps. The …

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Posted on June 24, 2020

Philippines Covid Cases Seen to Keep Rising, New Hotspots Emerge

The Philippines could see a continued rise in Covid-19 cases as it reopens the economy and new hotspots emerge in the provinces, the health department said a day after the number of daily cases spiked …

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Posted on June 24, 2020

Philippines Investigates Whereabouts of Ex-Wirecard Executive

The Philippines is investigating whether former Wirecard AG executive Jan Marsalek is in the country, as it steps up a probe into other individuals allegedly involved in the case.

( read original story …)



Posted on June 24, 2020

Philippines launches investigation into Wirecard’s phantom billions

Wirecard’s $2.1 billion accounting scandal is being investigated by the Philippines, which said that the German payments firm’s former chief operating officer Jan Marsalek may be in the country.

( read original story …)



Posted on June 24, 2020

Survey: Malaysia Is Tops In Southeast Asia When It Comes To E-Wallet Usage

According to the Mastercard Impact Study 2020 quoted by Malay Mail, Malaysia leads other Southeast Asian countries when it comes to e-wallet usage, at 40 per cent. The Philippines (36 per cent) came …

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Posted on June 24, 2020

Malaysia leads mobile wallet usage in South-East Asia

Malaysia leads other countries in Southeast Asia in the usage of mobile/digital wallets at 40 per cent, ahead of the Philippines (36 per cent), Thailand (27 per cent) and Singapore (26 per cent), …

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Posted on June 24, 2020

In Philippines, a child alleges abuse by Catholic priest — and tests Vatican promise for global reckoning

Pope Francis has pledged an “all-out battle” to confront about claims around the world. The Philippines case is a key moment.

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Posted on June 23, 2020

Philippine human capital: a long view of development, challenges

An important study on human capital development in the Philippines has recently been completed at the Brookings Institution, Washington DC.

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