Bank of China Manila said it will increase its loan portfolio by more than 20 percent this year as well as hire more workers to support its growth in the country as it anticipates more Chinese firms investing and expanding operations here, especially with the implementation of the Regional...
Delays to a long-planned mission by WHO experts to China to investigate the origins of the Covid-19 pandemic are "not just a visa issue", Beijing said Wednesday. A woman uses her mobile phone along the banks of the Yangtze River on New Year's Eve day in Wuhan in ChinaÂ’s central Hubei province...
China Bank Capital, a unit of China Banking Corporation, reported that it grabbed a 30.5 percent share of the investment banking transactions this year. In a statement, the firm said it has maintained its position as the number one debt capital markets bookrunner in the Philippines since its...
China Banking Corporation (China Bank) is extending the waiver of InstaPay and PesoNet fees until March 31, 2021 while its branches will continue to serve the public during the holidays. In a statement, the bank said transferring funds to other bank accounts remains free for another three months as...
It’s every parent’s dream that their children end up taller than them. But what if they go over the expectations? Such is the case of 14-year-old Ren Keyu (nickname name Xiaoyu), who hails from Sichuan Province, China and has received the Guinness World Records (GWR) title for the tallest male...
After 8 years of negotiations, trade ministers from 15 countries are set to sign tomorrow, Nov. 15, the China-backed Regional Comprehensive Economic Partnership (RCEP), creating the world’s biggest free trade area (FTA) agreement. “The RCEP has finally been concluded and finalized by all trade...
Global Ferronickel Holdings, Inc. (FNI), through its operating arm in Surigao del Norte Platinum Group Metals Corporation (PGMC), committed to ship as much as 1.3 million wet metric tons (WMT) of nickel ore to Baosteel Resources International Co. Ltd next year. In a regulatory filing to the...
For many, the US elections, the race for what is arguably one of the most powerful offices in the world is over. For others, particularly for supporters of President Donald Trump, the counting isn't done just yet. Electoral protests aside, which are quite common in most elections, Joe Biden has...
The Philippine delegation is targeting to attract over 1,300 buyers and generate a modest $31 million worth export deals at the upcoming China International Import Expo (CIIE), significantly lower than the $300 million the Philippines realized during last year’s China International...
The Philippine government has directed Pangilinan-led PXP Energy Corporation to go ahead with its programmed seismic survey and well drilling at the Recto Bank even without securing first the concurrence of China National Offshore Oil Corporation (CNOOC) or that of the Chinese government. Energy...
China Banking Corporation posted a 23 percent jump in net income to P8.2 billion from January to September 2020, translating to an improved return on equity of 11.15 percent. In a disclosure to the Philippine Stock Exchange, the bank said that, for the third quarter 2020, net earnings hit P3.0...
China’s Ministry of Foreign Affairs has denied that the government has blocked the entry of goods related to K-pop superstars BTS into the country. Foreign Ministry Spokesperson Zhao Lijian made this statement during a regular press conference on Oct. 21 when he was asked if China’s General...
