Philippine Airlines (PAL) files for bankruptcy
(Bloomberg, New York) Philippine Airlines Inc. (PAL) filed for Chapter 11 bankruptcy in New York. The Philippines main carrier filed it together with a lender-supported...
Bank Loans to MSMEs rise during pandemic
Micro Small Medium Enterprises (MSMEs) continue to gain more access to financing and loans from banks during the pandemic. The Bangko Sentral ng Pilipinas (BSP)...
Nas Daily Whang-Od Saga: What happened?
The Nas Daily and Whang-Od saga has gripped not only the Philippines but millions of Nas Daily followers worldwide. On the 4th of August, Grace...
Hidi’s Olympic gold brings joy to her foster family in Melaka, Malaysia
[caption id="attachment_3240" align="alignleft" width="415"] PROUD FOSTER PARENT. Ahmad Janius Abdullah holds a phone with photos of Olympics gold medalist Hidilyn Diaz at his home in...
Weightlifter Hidilyn Diaz wins first Olympic gold for the Philippines
Weightlifter Hidilyn Diaz became the first Olympic gold medallist for the Philippines. The Philippines has finally taken the Olympic gold after 97 years. Diaz won...
Jollibee teams up for Philippine’s first industrial REIT, CentralHub
Jollibee Foods Corporation and DoubleDragon Properties Corporation teamed up for the Philippines' first industrial real estate investment trust (REIT) called CentralHub. In a stock exchange...
Singapore Fintech Tonik is Philippines first private neobank
Tonik, the Philippines' first digital-only neobank, makes waves in the local fintech and banking industry. It secures a digital bank license from the Bangko Sentral...
Bangladesh to boost trade with Visayas
Newly installed Honorary Consul General Virgilio Espeleta of the Consulate Office of the People’s Republic of Bangladesh has expressed plans to boost the relations between...
ADB expect Philippine Economy to recover this year
The Asian Development Bank (ADB) expects the Philippine economy to recover at least 4.5 percent this year. Followed by 5.5 percent in 2022. The country’s...
OFBank (Overseas Filipino Bank) gets first Digital Licence in the Philippines
The Philippine's Department of Finance (DOF) has granted the Overseas Filipino Bank (OFBank) the first digital-only and branchless licence. The OFB is a subsidiary of...