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Philippine Central Bank Issues Public Advisory on Credit Card Collection Agencies
MANILA, PHILIPPINES – The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), has issued an advisory to inform the public on the extent of authority of external collection…
Crown Asia Chemicals Raises US$5 Million in Philippine IPO
MANILA, PHILIPPINES – Crown Asia Chemicals Corporation, a plastic compounds and pipe producers, was able to raise Php222.8 million (USD5 million) from its initial public offering (IPO), the Philippine Stock…
Philippine President to Visit Filipino Communities During US, Canada Trips
MANILA, PHILIPPINES – Philippne President Benigno S. Aquino III will meet with Filipino communities when he goes to the United States and Canada on the second week of May, the…
Philippine Central Bank Issues Advisory on Authority of Credit Card Collection Agents
MANILA, PHILIPPINES – The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), has issued an advisory to inform the public on the extent of authority of external collection…
Goldman’s Investment To Boost Bitcoin’s Credibility
After releasing a report in March that said the amount of bitcoin trading activity in China has risen, Goldman Sachs is co-leading a USD50 million investment round in bitcoin wallet…
Bank of Japan Holds Off Expanding Monetary Stimulus
TOKYO – Japan’s central bank the Bank of Japan (BOJ), has decided to hold off on expanding monetary stimulus during a board meeting in Tokyo on Thursday. The BOJ board…
Philippine Unemployment Rate Drops in First Quarter
MANILA, PHILIPPINES – A survey conducted by Social Weather Stations (SWS) showed that the number of unemployed Filipinos dropped in the first quarter of this year, the lowest under President…
Philippine President Advices Manny Pacquiao to Retire After Mayweather Fight
MANILA, PHILIPPINES – President Benigno S. Aquino III would like Sarangani Representative and Filipino boxing icon Manny Pacquiao to seriously consider retiring from boxing after his upcoming fight with Floyd…
Economic Losses in Nepal Could Reach $2 Billion
NEPAL – As rescuers scramble against time to rescue those who are still trapped inside collapsed buildings in Nepal, economists said the massive earthquake that hit the country last Saturday…
Hong Kong Authorities Warn of Fake Dah Sing Bank Website
HONG KONG – The Hong Kong Monetary Authority (HKMA) has warned the public against a fraudulent website that claims to be the official site of Dah Sing Bank Ltd (DSB).…
Bank Negara Malaysia Names Mohd Adhari Belal Din as Assistant Governor
KUALA LUMPUR, MALAYSIA – Bank Negara Malaysia, the country’s central bank, has announced the appointment of Mod Adhari Belal Din as assistant governor, in addition to his function as strategic…
Hanwha Life of Korea To Double Number Of Financial Consultants in Indonesia
JAKARTA, INDONESIA – South Korea’s first life insurance company, Hanwha Life Insurance, is seeking to hire 650 new financial consultants in Indonesia within this year to double its existing number…
Massachusett Resident’s Support for Boston Marathon Bomber’s Death Penalty Decreasing
BOSTON, MASSACHUSETTS – Only 15 percent of residents in Boston and 18.9 percent of the entire Massachusetts residents reported support for the death penalty for Boston Marathon bomber Dzhokhar Tsarnaev,…
Laude Family Seeks Live Coverage of US Marine Pemberton’s Philippine Murder Trial
MANILA, PHILIPPINES – The murder trial involving US Marine Private First Class Joseph Scott Pemberton, the prime suspect in the death of transgender Jeffrey “Jennifer” Laude, should be covered live…
Milk Tea Stores Caught Selling Expired Ingredients in Davao, Philippines
DAVAO, PHILIPPINES – At least two milk tea sores in Davao City were caught allegedly selling expired milk tea ingredients just a few weeks after two persons in Manila died…
Global Insurers Assessing Nepal Earthquake Loss
NEPAL – Global insurers and reinsurers with presence in Nepal are sending their teams to assess the damages brought about by the massive earthquake that struck the nation last Saturday.…
Philippines Sending Team to Earthquake-Hit Nepal
MANILA, PHILIPPINES – The Philippine government is sending a team from the Philippine embassy in New Delhi to Nepal to address the needs of Filipinos affected by the earthquake, President…
Malaysia Targets 100 Companies in Price Reduction Drive
KUALA LUMPUR, MALAYSIA – At least 100 local and international companies have been targeted to participate in the price reduction campaign that the Domestic Trade, Cooperatives and Consumerism Ministry has…
Philippine President to Personally Appeal Veloso’s Execution in Indonesia
MANILA, PHILIPPINES – Philippine President Benigno Aquino III vowed to personally appeal the case of Mary Jane Veloso, the 30-year-old Filipina who is in the death row in Indonesia, to…
Strong Nepal Earthquake Kills At least 700; Death Toll Rising
NEPAL – Rescuers race against time to save those who are still trapped underneath rubble of collapsed buildings in Kathamandu following a devastating 7.9 magnitude earthquake that rocked Nepal Saturday.…