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BUDGET 2021: GOVERNMENT TO ISSUE GREEN BONDS AS PART OF SUSTAINABILITY PUSH

The Government will issue green bonds on select public infrastructure projects, with up to $19 billion…

FUND MANAGERS CUT CASH HOLDINGS TO 2013 LEVELS (PRE TAPER-TANTRUM): BofA

Cash levels in investment portfolios have plunged to the lowest since just before the so-called taper…

THAI GOV’T CONSIDERS INCREASING BONDS SOLD VIA E-WALLET APP

The Public Debt Management Office (PDMO) is preparing to increase the issuance of government savings bonds…

MYANMAR MILITARY COUP REMOVES CENTRAL BANK CHIEF

As news of the military coup in Myanmar reached the halls of the Bank of Japan,…

INDORAMA PURSUING JOB CUTS IN US: REUTERS:

Indorama Ventures PCL is pushing the United Steelworkers (USW) local union representing about 300 workers at…

DBS BANK TO DOUBLE ITS SUSTAINABLE FINANCE TARGETS TO SGD50 BILLION BY 2024

DBS Bank has more than doubled its sustainable finance target to SGD50 billion from SGD20 billion…

MORATORIUMS POSE RISKS TO ASEAN BANKING SYSTEMS

By Leong Hung Lee, The Star Loan moratoriums and restructuring pose critical risks to the banking…

MINING FIRM WITH ZERO REVENUE: MOST TRADED PSE STOCK WITH 103% GAIN

Abra Mining & Industrial Corp. has no revenue and zero analyst coverage. Yet, the loss-making mining…

SINGAPORE SETS YEAREND TARGET FOR SHIFT AWAY FROM LIBOR

Singapore signaled that local banks and borrowers should move away from using the discredited London interbank…

C19 EDGES PHILIPPINES DEEPER INTO DEBT

By Beatrice M. Laforga Philippines’ outstanding debt reached P9.8 trillion (US$203.7 billion) at the end of…