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Rising informal sector may signal middle-income trap

THE expansion of the country’s informal sector and the growth of the gig economy may be symptoms that the country is caught in a middle-income trap, according to United Kingdom-based bank Hongkong and Shanghai Bank Corp. Ltd. In a report, HSBC economist for the Association of Southeast Asian Nations (Asean)… ....

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Remittances still fueling spending | The Manila Times

REMITTANCE growth has been slowing but the money being sent home by overseas Filipino workers (OFWs) continues to fuel domestic consumption, Hongkong and Shanghai Bank Corp. Ltd. (HSBC) said. ....

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HEADLINES: Marcos eyes PH return to ICC | Nov. 25, 2023

HEADLINES: Marcos eyes PH return to ICC | Nov. 25, 2023 ....

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PR News | Ivanka Trump Longs for the Halycon Days of 2017

Ivanka Trump longs for the good old days in DC ....

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Delhi HC Stays SCN Adjudication Against DBS Bank for Service Tax on Minimum Average Balance: Report

Delhi HC Stays SCN Adjudication Against DBS Bank for Service Tax on Minimum Average Balance: Report
Moneylife Digital Team
30 April 2021
The Delhi High Court (HC) on Friday granted interim protection to DBS Bank Ltd from adjudication of a show cause notice (SCN) proposing to levy service tax on obligation of maintaining minimum average balance (MAB) by its customers, along with interest and penalty, reports

As per the report, upon taking note of the lender s submissions, the HC issued notice and tagged the matter with larger batch of petitions pending on same issue which has been listed for hearing on 13 July 2021. ....

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