[ad_1] MANILA, Philippines – Telecommunications giant PLDT Inc. is no longer competing for SkyCable Corp. of ABS-CBN Corp., one of the country’s largest cable TV companies, fearing the antitrust regulator will reject the deal. . PLDT President and CEO Manuel V. Pangilinan said on Thursday (November 5) that the group …
Read More »Banks maintain P320.80 B rediscount lines with BSP
[ad_1] Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said there are 50 banks, of which 17 are large, which have an active rediscount line worth P320.80 billion with the central bank of September this year. These banks continue to use the BSP rediscount service as a temporary relief …
Read More »BSP strengthens cybersecurity monitoring tools
[ad_1] To ensure the stability of the financial system, Bangko Sentral ng Pilipinas (BSP) is embracing stronger cybersecurity and digital financial oversight to support the digital transformation of all BSP (BSFI) supervised financial institutions. “The COVID-19 pandemic has increased our dependence on technology and digital platforms. But this also forces …
Read More »PH inflation to remain low despite October rebound – BSP
[ad_1] MANILA, Philippines – The pace of price increases in the Philippine economy will likely remain quiet in the short term due to weak demand both domestically and abroad due to the lingering economic effects of the coronavirus pandemic, according to the central bank. Bangko Sentral ng Pilipinas Governor Benjamin …
Read More »As the ‘blue wave’ may collapse, Wall St. raves about divided government
[ad_1] After weeks of buying and selling stocks with the expectation that Democrats would sweep through the White House and Congress in a “blue wave,” Wall Street investors wasted little time getting back to their traditional political stance: stagnation is good. . On Wednesday, cloudy-eyed investors, traders, executives and analysts …
Read More »Explained: What is the Ant Group? Why is your IPO suspended?
[ad_1] Written by Aashish Aryan, edited by Explained Desk | New Delhi | Updated: November 4, 2020 7:30:02 pm Hong Kong shares swung between profit and loss after Chinese regulators scrapped Ant Group Co.’s $ 35 billion initial public offering, and when investors took in the early results of the …
Read More »A fascinated world waits to see what’s next in America
[ad_1] In Australia and Indonesia, crowds gathered around televisions in restaurants and cafes, trying to catch a glimpse of how American states were turning red or blue. In Iran, the hashtag #Elections_America was trending on Persian Twitter, while in Japan, Fuji Television spent a good chunk of Wednesday morning covering …
Read More »Investors prepare for a closed election result in the US.
[ad_1] A trader exits the New York Stock Exchange (NYSE) on Election Day in Manhattan, New York, New York, USA, November 3, 2020. REUTERS / Andrew Kelly LONDON / NEW YORK – Investors were quick to adjust portfolios for a tighter and delayed US election result than many had assumed …
Read More »A COVID vaccine is the next tourist attraction
[ad_1] JCOMP / FREEPIK COVID-19 (coronavirus disease 2019) has brought so many new and difficult options into people’s lives, and now there is another one, particularly for affluent Americans: if a vaccine was not yet available in the US to another country to get it? Now it is possible to …
Read More »Republicans condemn Trump’s false claim that he already won the election
[ad_1] Prominent Republicans condemned Trump’s undemocratic statement Wednesday morning. Trump falsely claimed that he had already won the election. No winner has been declared and the count is in progress. He also announced his intention to go to the Supreme Court in an attempt to stop the count of elections. …
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