Category: economy
Fitch: Infra graft probe may hurt local banks’ loan quality
MANILA, Philippines – The deepening probe into anomalous flood control projects could hurt the asset quality of Philippine banks, Fitch Ratings warned, as delays in public works could squeeze the cash flows of contractors and undermine their ability to pay loans. Tamma Febrian, director of the financial institutions team at Fitch, said banks with higher
CMIC lifts suspension on Globalinks
MANILA, Philippines – Now with enough capital to continue operating, broker-dealer Globalinks Securities and Stocks Inc. may resume operations. This, after the market regulation arm of the Philippine Stock Exchange lifted Globalinks’ involuntary suspension. In a memorandum on Tuesday, Capital Markets Integrity Corp. (CMIC) said it had received documents from Globalinks. These showed proof of
中国レアアース輸出厳格化を懸念 岩屋外相「供給網へ影響」
中国レアアース輸出厳格化を懸念 岩屋外相「供給網へ影響」
