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Top News In ஆசியா ஒன்றுபட்டது வங்கி Today - Breaking & Trending Today

Turbulence @PAL


It has been raining cats and dogs for over a week. What we experienced, based on an old folklore is the proverbial “siyam-siyam” or incessant rain for nine days! This prevented most of us from doing our usual chores with our laundry hamper already brimming.
A different kind of turbulent weather is haunting the restructuring program of Philippine Airlines (PAL). I heard the flag carrier’s top honcho Gilbert Sta. Maria and PAL independent member of the board Gregorio “Greggy” Yu flew to New York but at the last minute decided to hold off the filling of Chapter11.
What gives? Is the decision to defer the filling led to the resignation of Mr. Greggy? As an accomplished banker, Mr. Greggy was given the draconian responsibility of chairing the rehabilitation committee.   ....

New York , United States , Philippine Islands , Philippines General , Gregorio Greggy Yu , Maria Ellena , Jimmy Bautista , Emmanuel Josef , Lucio Hun , Cosco Capital Corp , Nickel Asia Corp , Asia United Bank , University Of The , Exchange Commission , China Bank , Communications Pbcom , Sterling Bank , Philippine Bank , Philippine Airlines , Shun Tan , Financial Rehabilitation , Insolvency Act , Ballet Philippines , Manila Symphony , Premier Leisure , Pure Gold ,

Musim Mas, MUFG Bank, Danamon, and iAPPS Collaborate to Promote Financial Inclusion Among Independent Smallholders


Press release content from News Direct Corporation. The AP news staff was not involved in its creation.
Musim Mas, MUFG Bank, Danamon, and iAPPS Collaborate to Promote Financial Inclusion Among Independent Smallholders
July 21, 2021 GMT
Independent smallholders using the AgriOn platform at a financial literacy workshop conducted by Musim Mas.
News Direct
SINGAPORE/JAKARTA, July 21, 2021 /3BL Media/ - A digital finance and financial learning platform, AgriON, will soon be in the hands of oil palm independent smallholders enrolled in Musim Mas Group’s smallholders programme. The culmination of this is a joint effort between Musim Mas Group, MUFG Bank, PT. Bank Danamon Indonesia Tbk (Danamon), and iAPPS. ....

New York , United States , Hong Kong , Rokan Hulu , Republic Of , Indonesia General , Sri Lanka , New Zealand , South Korea , Jakarta Raya , Otoritas Jasa Keuangan , Musim Ma , Olivier Tichit , Daniel Loh , Herry Hykmanto , Asia Traiblazer , Rezadharana Idris , Carolyn Limcorporate Communications , Yip Shue Heng , Financial Group Inc , Capital Market Services , Medium Enterprises Smes , Security Bank , Asia United Bank , Reza Corporate Communications Group Marketing , Digital Bank Indonesia ,

AUB to return to pre-pandemic profitability in 2021


Published June 28, 2021, 12:48 PM
Asia United Bank (AUB) is expecting its net income to return to the pre-pandemic level of P4 billion this year, 30 percent or P1 billion higher than in 2020.
In a disclosure to the Philippine Stock Exchange, AUB President Manuel A. Gomez said “2021 will definitely be a better year than 2020, as we expect the vaccine rollouts by the government and the private sector to improve consumer confidence and lead to increased economic activity.”
He added that, “These, in turn, will boost our commercial and consumer lending business, which remain stable.”
With the expected pickup in lending activity, the Bank said it is ready to set aside appropriate loan loss provisions in 2021 as required. It has already allocated P638 million in loan loss provisions in the first quarter of 2021. ....

Manuela Gomez , Asia United Bank , Philippine Stock Exchange , மானுவேலா கோம்ஸ் , ஆசியா ஒன்றுபட்டது வங்கி , பிலிப்பைன் ஸ்டாக் பரிமாற்றம் ,