Month: May 2018

THE government has signed an official development assistance (ODA) grant agreement with Japan for the rehabilitation and reconstruction of Marawi City worth 2 billion yen, or nearly P970 million. Finance Secretary Carlos G. Dominguez III signed the grant ... ( read original story ...)

A sharp slowdown could also add to the headaches of a premier grappling with domestic issues such as suspected favouritism, declining support, and opposition pressure for his finance minister to resign. A slowdown could also call the Bank of Japan's rosy ... ( read original story ...)

Papua New Guinea stands to benefit from the ¥1.3 trillion of public private climate finance, that Japan will provide come 2020. Japan’s director of Japan’s Climate Change Tomoaki Ishigaki in an interview said this climate finance project is 1.3 ... ( read original story ...)

(Bloomberg) -- The Bank of Japan’s key inflation gauge showed that price gains slowed for a second straight month in April, underscoring the central bank’s struggles to hit its 2 percent inflation target. Highlights Core consumer prices, which exclude ... ( read original story ...)

(Reuters) - Australia and New Zealand Banking Group (ANZ.AX) has agreed to sell its 55 percent stake in a Cambodian joint venture to Japan’s J Trust (8508.T), as the lender exits a string of minority holdings to streamline its capital requirements. ( read original story ...)

The banking arm of Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) is planning to test its own cryptocurrency as early as 2019, CoinTelegraph reported referring to a report from local news outlet NHK. The reports of MUFG exploring its own ... ( read original story ...)

Japan's largest bank acquired more than half of ANZ’s shares in Cambodia on Thursday, according to a statement from Kith Meng’s Royal Group. Japan's JTrust Bank, announced that they had acquired a 55% of stake in ANZ Royal Bank. According to a Royal ... ( read original story ...)

Regional lender in Japan, Suruga Bank, apologized this week and admitted that staff may have knowingly processed loan documents that were falsified for a struggling property investment scheme, adding to the list of corporate scandals plaguing the country ... ( read original story ...)

The most recent 2018:Q1 figures for 'Loans and Bills Discounted by Sector' and 'Loans to Households' are now available at 'BOJ Time-Series Data Search. ' In line with this release, figures for 'Loans and Bills Discounted by Sector' and 'Loans to Households ... ( read original story ...)

TOKYO -- Japan's longest straight period of expansion in nearly three ... a deflation-fighting stimulus program driven mainly by asset purchases by the central bank that are injecting billions of dollars into the economy each year. The aim has been to ... ( read original story ...)

However, the report sends a loud and clear message for policy makers in general, the Bank of Japan (BOJ) in particular: there is no room for complacency. All components of private demand contracted simultaneously; only exports reported solid growth ... ( read original story ...)

Mitsubishi UFJ Financial Group, the world’s fifth largest bank, is to invite 100,000 customers to participate in a pilot of MUFG Coin, a blockchain-based digital currency that customers will be able to use to make mobile payments in stores. The trial is ... ( read original story ...)

For the first time in two years, Japan’s economy slipped in the first quarter. The economy contracted 0.6% on an annualized basis in the first quarter thanks to an unexpected fall in capital investment and flat private consumption. This might cause a ... ( read original story ...)