More banks expect deeper contraction for Philippines this year

The Philippine economy slipped into recession after contracting by a record 16.5 percent in the second quarter from 0.7percent in the first quarter as the entire Luzon was placed under enhanced community quarantine in the middle of March.


BEA Readies Insurance Arm Sales Plan

BEA Life had about HK$25.4 billion ($3.3 billion) in assets as of the end of June, according to the latest financial report, with commission income rising over 49 percent in the first half.


Standard Chartered Sri Lanka wins awards

Roger Norton, Head, Transaction Banking, Standard Chartered Sri Lanka said “Standard Chartered Sri Lanka has always put the customer’s needs first and has aspired to provide solutions to their problems.