International news
News from wire services and other publishers.
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Boracay's first hotel-casino says 40% of workers are Aklanons
KABAN Hotel and Casino, the first hotel-casino in world-famous Boracay Island, is prioritizing local hiring, with Aklanons accounting for about 40% of its workforce.
Bitget suspends withdrawals after hackers take US$352 million
‘Deposits and trading remain fully operational,’ says its CEO Gracy Chen
Chinese RISC-V chipmaker Eswin seeks US$300m in Hong Kong IPO ahead of October debut
Beijing Eswin Computing Technology will start soliciting orders from institutional and public investors on Monday ahead of its Hong Kong initial public offering (IPO), aiming to raise around US$300 million, according…
DOTr approves LTFRB fare hike recommendation for PUVs
Acting Transportation Secretary Giovanni Lopez has approved the recommendation of the Land Transportation Franchising and Regulatory Board for the implementation of fare hikes for public utility vehicles that were…
Why Hong Kong banks have shut down 40% of branches in recent years
New York may be known as the city that never sleeps, but many Hongkongers like to take care of banking transactions at 2am – a truth that helps explain why 40 per cent of physical branches have disappeared in recent…
'Borrow with dignity': Martha Sazon's call at UN Summit earns Mynt IPO global spotlight
The call of Mynt president and CEO Martha Sazon for Filipinos to be allowed to “borrow with dignity” has placed financial empowerment at the center of the company"s global narrative at a pivotal moment.
Marcos suspends excise tax on LPG, kerosene
President Ferdinand "Bongbong" Marcos on Friday ordered the suspension of the collection of excise tax on liquefied petroleum gas (LPG) and kerosene.
Peso climbs to P62.465:$1
The Philippine peso appreciated against the US dollar on Friday, in anticipation of the seasonal increase in remittances during the last three months of the year.
UBS gains on report of it mulling ways to avoid Swiss bank rules
The lender’s discussions involve possibly combining with a foreign bank
IMF downgrades Philippine growth forecasts anew amid economic challenges
The International Monetary Fund (IMF) on Friday again downgraded its growth forecasts for the Philippines, citing the weaker-than-expected performance in the second quarter and the slow rebound in public spending amid…
