BPI AIA Life Assurance appoints Karen Custodia as new Chief Executive Officer

BPI AIA Life Insurance Corp. announced on Monday the appointment of Karen Custodia as new CEO of the bancassurance company, which took effect on 9 January. At the helm, Custodia assumes responsibility for overseeing BPI AIA’s growing partnership distribution channel and managing its strategic relationship with BPI, while providing leadership to support a broad range … Read more

India Trade Balance December 2022

Merchandise exports tumbled 12.2% year-on-year in December, in contrast to November’s 0.6% increase. December’s figure marked the largest drop since August 2020. Meanwhile, merchandise imports fell 3.5% from the same month last year in December (November: +5.4% year-on-year), marking the weakest result since November 2020. As a result, the trade balance of goods improved compared … Read more

The key to Indonesia’s decarbonization efforts – The Diplomat

Advertisement Micro, small and medium-sized enterprises (MSMEs) make up the majority – 99.9% – of Indonesia’s corporate population and employ 96.9% of the total workforce. They are essential engines of economic growth, but at the same time a major contributor to the country’s greenhouse gas emissions. This has only been made worse by the rapid … Read more

Here We Go Again – Alteration of the formula for the IPC

Some argue that the CPI revision is to help the Federal Reserve stop fighting inflation. This is typical of Americans who only look at the Fed and nothing else. The formula for the CPI has been systematically changed. Real estate was included, but when it increased too much, they replaced it with rents. When rents … Read more

European equities falter as sentiment diverges on global economic outlook

European equities and US futures were stable on Tuesday as traders balanced an improving macroeconomic outlook for the global economy against lingering concerns that inflation could prove stickier than previously thought. The regional Stoxx Europe 600 and German Dax were flat. London’s FTSE 100 fell 0.4% after UK public sector lending more than doubled year … Read more

DTI modifies the industrial development plans

STRATEGIC actions labeled by the previous administration as crucial to the industrialization of the country have been modified by the Department of Commerce and Industry (DTI) according to its current policy orientation. Under the Duterte government, the DTI implemented the Industrial Strategy for Inclusive Innovation or I3S which aimed to foster positive change in the … Read more

Buy now, pay later… then regret sooner

The “buy now pay later” financing model is not new. In fact, banks were the first to profit from this type of financing. They have given their credit card customers the option to pay for the desired item with recurring payments or monthly installments. In the past, in order to have access to this type … Read more

Bulgaria Inflation December 2022

Inflation remained stable at 16.9% in November in December. This figure represented the lowest inflation rate since June. Looking at the details of the release, the prices of food and soft drinks increased at a more moderate pace in December, offsetting the higher growth in the prices of housing, water, electricity, gas and other fuels. … Read more

Sun Cable suspends plans to export clean energy – The Diplomat

Advertisement Last year, renewable energy company Sun Cable announced this it had raised $150 million for an ambitious project involving the construction of a 12,000-hectare solar park in Australia’s Northern Territory. The plan was for excess power generated there to be exported to Singapore via a 4,200-kilometer undersea cable. That plan, estimated to cost about … Read more

Abortion debate grows in states as Congress freezes

Conor here: 2009: Obama says abortion law is not a top priority 2022: Democrats: Abortion rulings may be ‘a blessing in disguise’ So 2022: Dem candidates swamp GOP in House fundraising And here we are. By Julie Rovner, Chief Washington Correspondent and Host of KHN’s Weekly Health Policy News Podcast, “What the Health?” She joined … Read more