The Philippines has not forged any fishing treaty with China in the West Philippine Sea but continues to recognize the traditional fishing rights in the area, Malacañang clarified Friday, April 23. Photo of Chinese vessels spotted at the Julian Felipe Reef on March 27, 2021 (Photo courtesy of...
The knowledge and skills gained by Filipino and American soldiers from their two-week "Balikatan" Exercise 2021 won't be used to attack another country, Department of National Defense (DND) Secretary Delfin Lorenzana said. "We have been doing this for the past 36 years but we never had even once...
China Bank Savings (CBS), the retail banking arm of China Banking Corporation (China Bank), has appointed James Christian T. Dee as its new Director and President effective April 15, 2021. In a statement, the bank said Dee has an extensive banking experience of more than 20 years, including...
China’s reported overuse of antibiotics in its fisheries products threatens food safety in the Philippines, which imports billions worth of seafood products from the world’s second-largest economy every year. In a virtual briefing on Monday, Asis Perez, convenor of food security advocacy group...
China Bank and China Bank Capital received recognition again during the 16thPhilippine Dealing System (PDS) Annual Awards. In a statement, the Bank said it bagged the Top 5 Corporate Securities Market Maker and Top 3 Fixed Income Brokering Participant awards, while China Bank Capital clinched the...
A total of 2,290 military healthcare workers have already been inoculated with CoronaVac vaccine from China's Sinovac Biotech Ltd. since the Armed Forces of the Philippines (AFP) began administering jabs against the coronavirus disease (COVID-19), the military has announced. A health worker...
China Banking Corporation (China Bank) is planning to raise up to P100 billion over the next three years to support its strategic initiatives and expansion program. In a disclosure to the Philippine Stock Exchange, the bank said its Board of Directors has greenlighted the conduct of a...
Microsoft has said a state-sponsored hacking group operating out of China is exploiting previously unknown security flaws in its Exchange email services to steal data from business users. The company said the hacking group, which it has named "Hafnium", is a "highly skilled and sophisticated...
China Banking Corporation (China Bank) reported a 20 percent growth in net income to P12.1 billion despite the challenges posed by the pandemic last year. In a disclosure to the Philippine Stock Exchange, the bank said its bigger profits translated to an improved return on equity of 12.1 percent...
SM Investments Corporation (SMIC) registered a net income of P23.4 billion last year, 48 percent lower than the P44.6 billion earned in 2019. Due to the impact of the COVID-19 pandemic, The firm’s consolidated revenues declined to P394.2 billion in 2020 from P502.0 billion in the year before....
China Banking Corporation (China Bank) bagged a Gold Anvil for the success of the Bank’s centennial events and campaigns despite a scaled-back celebration in light of the pandemic. With the theme "Celebrating the Past. Embracing the Future", China Bank’s 100 th anniversary program...
Eight firms under the SM group of companies received Golden Arrow Awards from the Institute of Corporate Directors (ICD) for performing well in the ASEAN Corporate Governance Scorecard (ACGS). In a statement, the conglomerate said this is an assessment benchmarked against international best...
