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Showing 41 - 50 of 146 results for "Philippines"

Regulators circle as scandal engulfs Westpac

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... by Westpac's international money transfer product LitePay, some relating to financing child exploitation in the Philippines and Southeast Asia. Byrnes said APRA is working closely with AUSTRAC and ASIC. "We are actively looking at the issues, but ...

Westpac halts short-term bonuses, culls Litepay

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
... organisation, International Justice Mission, in a move to stop Online Sexual Exploitation of Children (OSEC) in the Philippines. The bank will also match the current level of funding for the government's SaferKidsPH partnership with save the Children ...

Westpac faces 23 million breaches

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2019
... child exploitation risk. "[Westpac failed to] carry out appropriate customer due diligence on transactions to the Philippines and South East Asia that have known financial indicators relating to potential child exploitation risks," AUSTRAC said. "Westpac ...

VGI Partners readies $1bn Asian fund

KANIKA SOOD  |  MONDAY, 5 AUG 2019
... Hong Kong, Taiwan and Australia," Luciano said. "We will maintain a watching brief on India, mainland China and the Philippines but will not be investing in companies listed in these jurisdictions for the foreseeable future." Alignment shares Investors ...

Intiger makes global operations head redundant

KARREN VERGARA  |  MONDAY, 29 JUL 2019
... operations redundant as it ramps up cost cutting initiatives. Sharon Wright was appointed to oversee teams in India and the Philippines in May 2015. Her role was made redundant in light of the ASX-listed financial planning technology firm scaling back ...

Beyond the China A shares hype

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
... not just about China, Hong Kong-based Treves pointed out. ASEAN, which includes Vietnam, Indonesia, Thailand and the Philippines, is the third most populous region and the sixth largest economy in aggregate. Even before the trade tensions began, many ...

Chief economist update: S&P raises Duterte ratings

BENJAMIN ONG  |  WEDNESDAY, 1 MAY 2019
... Money talks, prayers walk. This appears to be the overriding theme in the upcoming May 13 mid-term elections in the Philippines where "foul-mouthed and murderous" president Rodrigo Duterte's preferred senatorial and congressional candidates lead ...

Chief economist update: A pretty portrait of an emerging market

BENJAMIN ONG  |  MONDAY, 11 FEB 2019
... with America on trade. The second biggest loser in the Asian emerging market space - the ones that I track - is the Philippines. The country's benchmark equity market index dropped 12.8% in 2018 at the same time that the peso depreciated by 5.1% ...

Female board representation increases in Australia: MSCI

HARRISON WORLEY  |  FRIDAY, 18 JAN 2019
... ACWI index, but noted strong growth in female chief financial officers in emerging markets, noting Malaysia, Taiwan, Philippines and China all had a higher proportion of chief financial officers than overall board representation.

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
... markets at a pace unseen since the global financial crisis of 2008 - withdrawing $19 billion from India, Indonesia, the Philippines, South Korea, Taiwan and Thailand so far this year, according to data compiled by Bloomberg... Developing nations including ...