It’s not often that a multi-national investment bank such as Goldman Sachs shares a common bond with another fine city institution – Pimlico Plumbers! Given both operate in rather…
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BW FILE PHOTO THE PESO strengthened against the greenback on Wednesday after Moody’s Investors Service raised its outlook on the local banking industry. The local unit closed at P48.499 versus…
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STOCKS inched up on Wednesday after the country logged lower coronavirus disease 2019 (COVID-19) cases the day prior and as investors went bargain hunting following days of decline. The 30-member…
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Britain’s economy grew in February as businesses coped better with lockdown restrictions, official figures show. Gross domestic product (GDP) rose by 0.4 per cent after a 2.2 per cent…
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REUTERS MOODY’S INVESTORS Service said emerging markets face risks in the timing of their unwinding of quantitative easing (QE) measures as economies recover. “Extending quantitative easing when an economic recovery…
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SEC to exempt financial, multilateral institutions from registering securities
THE Securities and Exchange Commission (SEC) has proposed to exempt from registration securities offered by financial and multilateral institutions, which it deems to be sufficiently regulated by other entities. The…
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PHILIPPINE STAR/ MICHAEL VARCAS LEGISLATORS are gearing up for a fight after the government announced plans to expand the allowable quota of pork imports, saying that allowing more pork into…
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PHILSTAR THE Insurance Commission (IC) said all non-life insurance companies must adopt and implement new rates and a new rating structure for all their catastrophe risk policies starting April 2022.…
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REUTERS THE Finnish ambassador has conveyed interest in possible collaboration with the Philippines in climate change mitigation and digitalization projects, the Department of Finance said in a statement Wednesday. Finnish…
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THE intellectual property office will work with the National Telecommunications Commission (NTC) to effect faster blocking of websites carrying pirated material. The Intellectual Property Office of the Philippines (IPOPHL), in…