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BSP lauds PNoys contributions to financial inclusion, economic growth

ABS-CBN News
Posted at Jun 25 06:35 PM

The Bangko Sentral ng Pilipinas (BSP) on Friday conveyed its sympathies to the family of former President Benigno Aquino III a day after his death while commending his economic legacy.   Read more »

Philippine retailers cite PNoy's economic legacy

ABS-CBN News
Posted at Jun 25 06:00 PM

Former President Benigno Aquino III will be remembered for his "good governance" leadership which led to relatively high growth rates during his term, the Philippine Retailers Association (PRA) said on Friday as the group mourned his untimely death. Read more »

Emergency tents erected outside Jakarta hospitals as virus cases surge

Stanley Widianto and Fransiska Nangoy, Reuters
Posted at Jun 25 05:54 PM

As more cases of the highly transmissible Delta variant are detected across the archipelago, and with low testing and minimal contact tracing, public health experts have warned that Indonesia could be a risk of suffering the sort of explosion in cases that India recently saw.   Read more »

Greenwhich launches first delivery, take-out store for 'off-premise' consumption

ABS-CBN News
Posted at Jun 25 05:20 PM

Greenwhich opened its first delivery and takeout store in Las Pinas to seamlessly cater to the changing needs of consumers and serve the increase in "off-premise consumption" during the COVID-19 pandemic.    Read more »

As the Communist Party turns 100, Xi Jinping has a problem: who will take over?

South China Morning Post
Posted at Jun 25 03:58 PM

When China’s leader Xi Jinping takes the podium next week to mark the Communist Party’s centenary, expect an air of invincibility. He has plenty to be pleased about – in less than a decade, he has reinvigorated a party plagued by corruption and internal strife.   Read more »

With PNoy's death, Filipinos urged to reflect on defending 'fragile democracy'

ABS-CBN News
Updated as of Jun 25 04:06 PM

Sen. Francis Pangilinan on Friday called on Filipinos to reflect on how to defend their "fragile democracy" in light of the passing of former President Benigno "Noynoy" Aquino III. Read more »

UK watchdog opens formal probe into Amazon, Google over fake reviews

Reuters
Posted at Jun 25 02:47 PM

Britain's competition watchdog said on Friday it had opened a formal investigation into Amazon.com Inc and Alphabet Inc's Google over concerns that the tech giants were not doing enough to prevent and deter fake reviews.   Read more »

Globe taps Canadian firm to boost fight vs online child abuse

ABS-CBN News
Posted at Jun 25 02:27 PM

MANILA - Globe Telecom on Friday said it has partnered with the Canadian Center for Child Protection to boost its fight against online sexual abuse and exploitation of children or OSAEC. Read more »

BPO industry eyes $29-billion revenue, more jobs by 2022

Jessica Fenol, ABS-CBN News
Updated as of Jun 25 01:53 PM

The country's information technology-business process outsourcing (IT-BPO) sector in the country has the potential to grow its revenue to $29 billion and add some 160,000 more jobs by 2022 as it remained resilient despite the COVID-19 pandemic, an industry leader said Friday. Read more »

Finance, trade chiefs sign CREATE IRR ahead of deadline

ABS-CBN News
Posted at Jun 25 11:36 AM

The Implementing Rules and Regulations (IRR) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act was signed by concerned government agencies ahead of the July 10 deadline, the Department of Finance said Friday. Read more »

Here's a list of in-demand jobs for fresh graduates according to Jobstreet

ABS-CBN News
Updated as of Jun 25 02:33 PM

Recruitment portal Jobstreet said Friday it rounded up the most popular opportunities for fresh graduates as unemployment continued to challenge the jobs market. Read more »

Nike shares surge as return of pro sports boosts outlook

Agence France-Presse
Posted at Jun 25 08:33 AM

Shares of Nike skyrocketed Thursday on blowout earnings propelled by gains in direct sales to consumers and positive momentum from the return of professional sports. Read more »

Chinese ride-hailing giant DiDi targets over $60 billion valuation in NYSE debut

Anirban Sen and Niket Nishant, Reuters
Posted at Jun 25 08:22 AM

It set a price range of between $13 and $14 per American Depositary Share (ADS) and said it would offer 288 million such shares in its IPO. At the upper end of the price range, DiDi expects to raise a little more than $4 billion. Read more »

PNoy ushered Philippine economy to investment grade rating: PSE

ABS-CBN News
Posted at Jun 24 05:25 PM

Former President Benigno Aquino III ushered the Philippine economy to investment-grade status through his good governance, the Philippine Stock Exchange said Thursday.  Read more »

Bangko Sentral keeps key interest rates unchanged

ABS-CBN News
Updated as of Jun 24 05:09 PM

The Bangko Sentral ng Pilipinas on Thursday kept key interest rates steady in line with analysts' expectations. Read more »

Lights out at Apple Daily: Hongkongers queue for hours to buy newspaper’s last issue

South China Morning Post
Updated as of Jun 24 03:40 PM

Hongkongers rushed overnight to buy one of a million copies of Apple Daily’s last-ever edition, which hit the streets in the early hours of Thursday to close the final chapter of the tabloid-style newspaper’s 26 years in business.   Read more »

Business groups mourn death of 'pro-people' Benigno Aquino III

ABS-CBN News
Updated as of Jun 24 06:44 PM

Former President Benigno Aquino III will be remembered well in history due to his policies, several business groups said on Thursday.  Read more »

Globe inks total of P12-B loan deals with China Bank, PNB for capex

ABS-CBN News
Posted at Jun 24 12:53 PM

Globe Telecom on Thursday said it signed loan agreements with 2 local banks to finance its capital expenditures.  Read more »

Chowking to sell Taiwan's Milksha bubble tea says JFC

ABS-CBN News
Posted at Jun 24 12:09 PM

Jollibee Foods Corp said Thursday Chowking stores would serve Taiwan's famous bubble tea Milksha after its subsidiaries signed an exclusive deal with the brand.  Read more »

LIST: How the Philippine economy performed under former president Benigno Aquino III

ABS-CBN News
Updated as of Jun 24 02:51 PM

Former president Benigno Aquino III stirred the Philippine economy to consistent and stable growth during his 6-year tenure from 2010 to 2016.  Read more »