Marking another milestone in its bank transformation efforts, Aboitiz-led Union Bank of the Philippines (UnionBank) opened its 150th Ark branch in Cebu last Nov. 29, 2021. Aimed at continuing to provide superior customer experience in its physical touchpoints, the country’s first fully-digital bank branch opened its doors at the Queen […]
BoP back to deficit in November
By Luz Wendy T. Noble, Reporter THE country’s balance of payments (BoP) position returned to a deficit in November as the National Government repaid some foreign loans and external trade improved. Last month’s BoP position swung to a $123-million deficit, from the $1.473-billion surfeit seen in November 2020, based on […]
Sunak’s new support package for hospitality and leisure businesses branded as ‘insulting’
New economic support for the hospitality sector “borders on insulting” and amounts to “far too little”, the Treasury has been told. Chancellor Rishi Sunak has announced an additional £1bn in financial support for the hospitality and leisure sectorsSunak pledges £1Bn support for hospitality sector with £6,000 cash grants per premises, […]
Food running out, Philippine typhoon survivors warn
PHILIPPINE COAST GUARD FACEBOOK PAGE MANILA – Philippine officials and residents of areas that bore the brunt of Typhoon Rai pleaded for food, water, and shelter on Tuesday as damaged roads, flooding, and severed power and communication lines hampered relief efforts. Rai struck last Thursday, the strongest typhoon to hit […]