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EBRD, EU FUNDING WATER SYSTEMS IN BULGARIA
The European Bank for Reconstruction and Development (EBRD) and the European Union are intensifying their effort to deliver a direct...

By The Financial District
Feb 26, 20212 min read


CANADIAN BANKS EXPECT EARNINGS DIP BUT INVESTORS STILL OPTIMISTIC
Canadian banks are set to post their fourth straight year-on-year quarterly profit drop when they report results next week.

By The Financial District
Feb 22, 20211 min read


DIGITAL PAYMENTS UP WITH PANDEMIC
The country's embrace of financial technology allowed the Filipinos to benefit even with the pandemic.

By The Financial District
Feb 21, 20212 min read


PHILIPPINES ONE OF TOP FIVE COUNTRIES WITH UNBANKED POPULATION
The Philippines is of the top five countries found to have many unbanked citizens making them prey to predatory lending practices.

By The Financial District
Feb 19, 20211 min read


CALIFORNIA BARES $9.6 BILLION SPENDING
California Gov. Gavin Newsom and legislative leaders on Wednesday announced a $9.6 billion spending deal aimed at aiding some of those...

By The Financial District
Feb 19, 20212 min read


FIST LAW'S PASSAGE CITED
Finance Secretary Carlos Dominguez III has thanked the Congress for its swift and timely passage of the Financial Institutions Strategic...

By The Financial District
Feb 19, 20212 min read


BIR PUSHES FOR COMPROMISE AGREEMENTS
Compromise agreements that the Bureau of Internal Revenue (BIR)entered with erring taxpayers within the ambit of the law, helped the...

By The Financial District
Feb 18, 20212 min read


EBRD PRESIDENT RENAUD-BASSO TO PAY VIRTUAL VISIT TO GREECE
The President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, is visiting Greece on 18 and 19...

By The Financial District
Feb 18, 20212 min read


CHINA BANK RAISES P20 BILLION IN FIXED-RATE BONDS
China Banking Corporation (“China Bank”, PSE: CHIB) successfully raised P20 billion from the issuance of its three-year fixed-rate Peso...

By The Financial District
Feb 18, 20211 min read


BILL GATES TO INVEST $2B TO AVERT CLIMATE CHANGE
Microsoft founder Bill Gates wants to invest a total of two billion dollars in projects and start-ups in the next five years to avert...

By The Financial District
Feb 16, 20211 min read


NIGERIAN WOMAN ECONOMIST FIRST AFRICAN TO HEAD WTO
Ngozi Okonjo-Iweala was confirmed as director-general of the World Trade Organization (WTO), becoming the first woman and the first...

By The Financial District
Feb 16, 20212 min read


RP'S GDP CONTRACTION POLL BARED
A fifth of the 30 institutions polled by the Department of Finance (DOF) correctly predicted the contraction of the Philippines’ gross...

By The Financial District
Feb 15, 20212 min read


BIR SETS P2.08 TRILLION COLLECTION
The Bureau of Internal Revenue (BIR) aims to increase its collection by 7.23 percent to PHP2.08 trillion this year by improving tax...

By The Financial District
Feb 15, 20212 min read


GREEN PROGRAM STARTED IN JORDAN
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) in Jordan are promoting green investments in the...

By The Financial District
Feb 14, 20213 min read


VIETNAM INTERVENED IN CURRENCY MARTS WEEKS AFTER U.S. CENSURE
Vietnam is again intervening in foreign exchange markets and using what traders say is an unusual method to do so.

By The Financial District
Feb 12, 20211 min read


BSP COMPLAINT FILED VS BDO ON REMITTANCE WITHHELD
A complaint has been filed with the Bangko Sentral ng Pilipinas (BSP) against BDO Unibank for having withheld the release of a remittance...

By The Financial District
Feb 7, 20213 min read


COPS NAB $60M WORTH OF BITCOINS BUT DON’T HAVE A PASSWORD FOR THEM
German prosecutors have confiscated more than 50 million euros ($60 million) worth of bitcoin from a fraudster. There’s only one problem...

By The Financial District
Feb 6, 20211 min read


GLOBAL EXTREME POVERTY TO RISE --- WB
The World Bank Group's goal to end poverty has suffered its worst setback with COVID-19.

By The Financial District
Feb 6, 20212 min read


EBRD FUNDS GREEN INVESTMENTS IN TURKEY
The European Bank for Reconstruction and Development (EBRD) is funding green investments in Turkey with a €40 million loan to...

By The Financial District
Feb 6, 20211 min read


BIR EYES RUSSIAN BEST PRACTICES FOR IMPROVED TAX COLLECTION
Officials of the Bureau of Internal Revenue (BIR) and the Federal Tax Service (FTS) of Russia have met recently to discuss the latter’s...

By The Financial District
Feb 4, 20212 min read


BSP, PDIC, PAGCOR TOP DIVIDEND REMITTERS
The Bangko Sentral ng Pilipinas, Philippine Deposit Insurance Corp and the Philippine Amusement and Gaming Corp., topped the dividend...

By The Financial District
Feb 2, 20212 min read


EBRD ISSUES GREEN BOND THAT JAPAN POST BOUGHT
The EBRD today issued an AUD 280 million Green Transition Bond, which was bought in full by Japan Post Insurance Co.

By The Financial District
Jan 29, 20212 min read


BIR COLLECTS P1.67 TRILLION TAXES ONLINE
The digitization efforts of the Bureau of Internal Revenue (BIR) and its stepped-up campaign against delinquent taxpayers and tax dodgers...

By The Financial District
Jan 26, 20212 min read


WORLD LEADERS DISCUSS CLIMATE CHANGE ISSUES
World leaders meet virtually in the Netherlands today for the Climate Adaptation Summit (CAS), whose aim is to galvanise and scale up...

By The Financial District
Jan 26, 20213 min read
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