International news
News from wire services and other publishers.
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Watchdog finds no Fed misconduct in renovation; Trump calls for Powell’s resignation
Trump had for years criticised Powell for not lowering interest rates
Digital Economy and E-Commerce: ASEAN’s $1 Trillion Growth Engine
Southeast Asia's digital economy is valued at $300 billion in 2025 and could reach $1 trillion by 2030. Structural shifts in ASEAN countries drive growth, with e-commerce dominating. Policy, platform evolution, and…
Telcos express concern over NTC's sanctions due to alleged poor mobile service
The Philippine Chamber of Telecommunication Operators (PCTO) on Wednesday expressed concern after the National Telecommunications Commission (NTC) imposed sanctions against the country"s three major telco players due…
Asian markets hold up despite bond rout as US yields enter a structurally higher regime
The bond-market deterioration reflects several forces acting simultaneously: higher inflation expectations, heavy government borrowing and issuance, concerns over public finances and elevated energy prices linked to…
Philippines launches campaign to promote Kinampay ube
The Philippines’ Kinampay ube is on the rise as Japan’s next favorite, the Philippine Embassy in Tokyo said.
China Bank Savings deepens support for educators
As the country celebrates National Teachers’ Month, China Bank Savings continues to strengthen its support for Filipino educators through financial wellness initiatives nationwide.
PHirst Park Homes merges with Century Properties
The Antonio family’s Century Properties Group Inc. has secured the approval of the Securities and Exchange Commission for its merger with PHirst Park Homes Inc., with CPG as the surviving entity.
JTI backs unified tax on e-cigarettes
A proposed unified tax rate on e-cigarettes may help plug a loophole that provides an avenue for illicit traders to misdeclare higher-taxed products, while ensuring the government collects proper revenues, JTI…
Forex loans rise to $16.3 billion in Q2
Banks’ foreign currency loans rose by 5.6 percent to $16.31 billion in the second quarter from $15.44 billion in the previous quarter, driven mainly by stronger borrowing by exporters and other industries, the Bangko…
EPIRA at 25: The distribution utilities
The Electric Power Industry Reform Act of 2001 (EPIRA, RA 9136) turned 25 years old this year. I wrote a three-parts series last month in my column in BusinessWorld: “EPIRA at 25: More lights, less blackouts, fewer…
