FILIPINOS are expected to open accounts with digital banks as the coronavirus pandemic continues. — WWW.FREEPIK.COM/ MORE FILIPINOS are expected to put their savings in digital-only banks that offer higher interest rates than traditional banks as the coronavirus pandemic has amplified the need for easily accessible
Quarterly comparison shows improvement as economy reopens EARNINGS of Ayala Corp. plunged double digits in the third quarter as its core business units continued lagging on coronavirus pandemic-related challenges. In a statement on Thursday, the conglomerate said it recorded an attributable net income of P3.4 billion in
LISTED Premiere Horizon Alliance Corp. is embarking on a backdoor listing through the sale of shares to the owners of financial technology (fintech) firm Squidpay Technology, Inc. In a disclosure to the exchange on Wednesday, Premiere Horizon said it is selling a total of 2.8 billion
FRANKFURT — Pandemic payment breaks on European loans totaling billions of euros threaten to undermine efforts by the region’s banks to put the coronavirus crisis behind them. Some of the millions of borrowers who were given repayment holidays by banks and governments across Europe shortly after
The latest GDP figures showing the country’s record recovery after the first lockdown highlight what a catastrophic decision it was to impose an unnecessary second shutdown. Britain briefly lifted out of recession in the summer, posting a massive 15.5% growth in the three months to September. The
Since the recent US election, rumours and falsehoods have spread across the social media landscape like wildfire. One would think that it would be easy to spot the fact from the fiction, but when even the sitting US President is tweeting spurious reports, it's hard to
The property market will enjoy a boom, but its fortunes will change when the government withdraws its support measures next year, according to a closely watched survey. The Royal Institution of Chartered Surveyors said that buyer inquiries, agreed sales and instructions to sell were rising fast,
The closure of its travel shops, store writedowns and redundancy charges has left WH Smith nursing a £280 million pre-tax loss as it counts the costs of the pandemic. The stationery retailer has swung heavily into the red, compared with a £135 million profit in 2019,
A government jobs scheme for young people has helped to create more than 19,000 work placements so far, the Treasury has said. Many of the participants are due to start this week, after the Kickstart scheme was announced in July. Young people have been among the worst
"What do you want to be when you grow-up?" is an easy question for a child, however, "what do you want to be next?" is a tough one for an adult. The social learning platform, FutureLearn, is helping people answer the latter question by releasing an
Covid-19 has had a disastrous effect on the business world, with its impact being felt everywhere, from the United Kingdom, to the Middle East and North Africa (MENA) region. The UK has a programme, entitled 2Y3X, which helps companies bounce back from economic downturns and encourages
Homesickness is a horrible feeling. We have all been there; yearning for the comforts of a place you know so well, while knowing the little things that make you feel so at home are just out of reach. What if we told you that if you