Category: Trading

YANGON– A forum on China-Myanmar economic cooperation was held here on Friday, to further enhance economic and investment cooperation between the two countries.   The forum, with the theme of “China’s New Development and China-Myanmar Cooperation,” was organised by the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI).   Speaking at the […]

The Regional Trial Court of Balanga City (RTC-Balanga) and the Municipal Circuit Trial Court-Orani-Samal (MCTC-Orani-Samal) in Bataan convicted former officers of the now-closed Orani Rural Bank (Bataan), Inc. (Orani RB) for violating Republic Act (RA) No. 8791 (The General Banking Law of 2000), RA No. 7353 (The Rural Banks Act of 1992), and the Revised […]

​The Bangko Sentral ng Pilipinas (BSP) warns the public against unscrupulous individuals who unlawfully represent themselves as employees or authorized representatives of the central bank.   Said individuals use both real and fictitious names of BSP personnel, officers, and organizational units in making phone calls or sending messages to their target victims. They also utilize […]

​The Monetary Board has revoked the Bangko Sentral ng Pilipinas authority to operate as pawnshop and cancelled the registration to operate as FXD/MC and RTC of OWEN & SONS PAWNSHOP, FOREIGN EXCHANGE AND REMITTANCE SERVICES, INC. pursuant to Sections 172-P and 901-N of the Manual of Regulations for Non-Bank Financial Institutions (MORNBFI), respectively, in view […]

The Bangko Sentral ng Pilipinas (BSP) met its Mindanao stakeholders through various engagements on 23 and 24 November 2022 in Davao City. During the 2022 Outstanding BSP Stakeholders Appreciation Ceremony on 23 November 2022, the central bank, led by Governor Felipe M. Medalla recognized its partners in Mindanao that have supported its programs, policies, and […]

PHNOM PENH– Cambodia has produced 4.82 tonnes of dore bars, with 90 percent pure gold solution, since commercial mining started in June last year, Mines and Energy Minister, Suy Sem, said, on Wednesday.   During a meeting, Sem said, the country currently has four gold mining companies, namely Renaissance Minerals, Delcom Kampuchea, Xinshan Industrial (Cambodia), […]

TEHRAN– Head of the Food and Drug Organisation of Iran, said yesterday that, some foreign companies refused to sell medicine and medical equipment to Iran, due to the U.S. sanctions.   Heidar Mohammadi, also Iran’s deputy health minister, said, during the fifth meeting of representatives of international organisations stationed in Iran that, as a result […]