Moody’s: Borrowers to face debt shock next year

Governments and corporations accumulating a significant amount of debt to combat the effects of the coronavirus disease 2019 (COVID-19) are bound to shell out...

Lopez steps down as chairman emeritus of Philippines’ media giant

Eugenio “Gabby” Lopez III has stepped down from his position as chairman emeritus of embattled Philippine media giant ABS-CBN Corp., months after the latter...

Pilipinas Shell shuts down refinery amid global pandemic

One of the largest fuel producers in the Philippines is shutting down its sole refinery as the coronavirus pandemic continued to take its toll...

Philippines’ largest media firm lays off thousands following shutdown

The Philippines’ largest media network was forced to lay off thousands of employees after it was shut down by the government by not being...

Philippines shuts media giant as lawmakers reject franchise bid

The Philippines shut down its largest broadcasting network by thumbing down the renewal of its franchise. Following 13 hearings, the majority of the lawmakers at...

The pandemic teaches us creativity and to appreciate life in a simpler way

The global pandemic did not just rob people to live life the way it used to be, but it also dampened global economies, shattered...

Philippines expects GDP to shrink further in second half

The Philippines was expecting its economy to slump further in the second half of the year as the government’s quarantine measures continued to take...

Dirty flow: The Covid-19 risk in Southeast Asia’s rivers

If the findings of a new study are to be believed, the novel coronavirus holding the world hostage at the moment poses a greater...

Philippine tycoon Eduardo Cojuangco Jr. dies at 85

Eduardo Murphy “Danding” Cojuangco, who rebuilt San Miguel Corporation (SMC)— one of the largest business empires in the Philippines, died on Tuesday. He was...

Philippines gets much-awaited ‘A’ credit grade

The Philippines has nabbed the much-coveted “A” credit grade, with the Japan Credit Rating Agency (JCR) upgrading the country’s rating to “A-” with a...

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Singapore, Hong Kong defer ‘travel bubble’

Singapore and Hong Kong have put off a plan to introduce a travel bubble amid the latter’s sudden spike in the number of coronavirus...

RCEP—world’s largest free-trade pact—’signed’

Fifteen countries spanning the Asia Pacific region have officially inked the Regional Comprehensive Economic Partnership (RCEP) which promises to create a vast free trade...

Temasek offers $600-million rescue to Singapore shipping giant

Singapore-based Temasek Holdings Inc. stepped in as a white knight for financially-strapped Pacific International Lines (PIL), offering the latter worth $600 million of rescue...