Month: July 2021

Billionaire Tony Tan Caktiong—the controlling shareholder of Philippines fast-food giant Jollibee Foods—has again teamed up with real estate tycoon Edgar Sia, with their latest plan about creating the Philippines’ first industrial real estate investment trust that will be listed next year. The duo are joining the country’s biggest property developers—including Filinvest Land, Megaworld and Robinsons
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LONDON — Top financial institutions are calling for global cooperation on central bank digital currencies. The Bank for International Settlements, the global body for central banks, issued a report Friday saying that central banks should work to achieve “interoperability” between their digital currency projects. This can be achieved through a number of ways, the report
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