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Search Result for “pesos”

Showing 1 - 8 of 8

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Philippines moves closer to taxing Netflix, HBO subscriptions

Published on 28/06/2024

» Philippine lawmakers have approved a joint bill seeking to tax foreign digital services including Netflix, HBO and Disney, aiming to secure a fresh source of state revenue to bankroll additional spending.

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Philippines cracks down on illegal gambling firms

Published on 13/06/2024

» MANILA - Philippine authorities have launched a crackdown on illegal offshore gambling operators, several run by Chinese firms, as calls to ban their activities mount due to their alleged links to criminal syndicates.

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KKP wary on baht outlook despite uptick

Business, Published on 07/06/2024

» The baht has posted a short-term gain, rising to a two-week high of stronger than 36.5 to the dollar on Thursday, but Kiatnakin Phatra Financial Group (KKP) warns the Thai currency could depreciate because of Thailand's structural problems.

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CIMB targets $1.28bn of lending in 2024

Reuters, Published on 06/06/2024

» MANILA - The Philippine unit of Malaysia's CIMB Group Holdings Bhd is targeting lending of more than 75 billion pesos (US$1.28 billion) to Filipino clients this year, up 23% from 2023, its chief executive officer said on Thursday.

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Philippines seeks Asia logistics hub status, banking on US ties

Published on 21/05/2024

» The Philippines is setting its sights on becoming the next manufacturing and logistics hub in Asia, President Ferdinand Marcos Jr said, as Manila capitalises on its growing ties with Washington.

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E-commerce players urge reform of sector

Business, Suchit Leesa-nguansuk, Published on 13/02/2024

» Tech pioneers are urging policymakers to address the country's digital deficit, which is expected to reach 200 billion baht per year.

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Singaporeans flock to Malaysia for bargains as dollar hits record high

Bloomberg News, Published on 08/02/2024

» SINGAPORE - Carman Lee is back in Ipoh, her hometown in northwestern Malaysia, after a seven-and-half hour bus ride from Singapore for the upcoming Lunar New Year. The Westin Singapore employee has another reason to celebrate this festive season: an all-time high local dollar that makes everything that much cheaper against the ringgit.

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Manila doubles down on casinos

Published on 16/08/2023

» MANILA: The Philippines’ gambling industry expects to double its gross gaming revenue by 2028, as the country attracts more tourists such as wealthy Chinese gamblers, the gaming regulator’s chief said on Wednesday.