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TONY WEBSTER-FLICKERTHE ASIA-PACIFIC banking sector, including in the Philippines, has reasonable buffers to cope with possible contagion effects from the failure of Silicon Valley Bank (SVB), S&P Global Ratings said.“Asia-Pacific banks are well-placed to absorb potential contagion effects emanating from the SVB collapse. Direct exposures

Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui led the filing of criminal complaints against “ghost companies” issuing fictitious receipts before the Department of Justice in Manila on March 16, 2023. — PHILIPPINE STAR/EDD GUMBANTHE BUREAU of Internal Revenue (BIR) on Thursday filed criminal