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                    [Title] => Hong Kong opens doors for financial cooperation with public, private sectors in Philippines
                    [Summary] => While it is a small city, Hong Kong is a force to be reckoned with in the global financial market. 
                    [DatePublished] => 2022-10-18 16:45:00
                    [ColumnID] => 0
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                    [AuthorID] => 1805250
                    [AuthorName] => Euden Valdez
                    [SectionName] => Business
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                    [ArticleID] => 1880045
                    [Title] => More Philippines firms shift to Chinese yuan
                    [Summary] =>  The demand for Chinese yuan or renminbi (RMB) among Philippine companies is increasing amid improving economic relations between Manila and Beijing.
                    [DatePublished] => 2018-12-27 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [Title] => HSBC bets on renminbi
                    [Summary] => 
The Hongkong and Shanghai Banking Corp. (HSBC) said that the recent move of the International Monetary Fund (IMF) to include the renminbi into the special drawing rights (SDR), is a reminder for companies across the world that the Chinese currency  needs to be part of their business strategy.

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                    [Title] => PBB now renminbi-enabled
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The Philippine Business Bank (PBB) has entered into an agreement with Bank of China, Manila branch, and starts participating in the Renminbi Transfer System. PBB is the financial arm of the Yao Group of Companies.

                    [DatePublished] => 2015-03-24 00:00:00
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                    [Title] => Deutsche Bank offers renminbi spot trade for Asian companies
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Deutsche Bank has completed the first Singapore dollar/offshore renminbi (SGD/RMB) spot trade which, in turn, will be made available to Asian firms in need of the Chinese currency for trade.

                    [DatePublished] => 2013-06-01 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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                    [ArticleID] => 694235
                    [Title] => Moves to make China's yuan trade currency in Philippines underway
                    [Summary] => 
Monetary officials of the Philippines with the support of Filipino and Chinese businessmen are now working to make the Chinese currency Renminbi, or yuan, as a trade currency in the country.
                    [DatePublished] => 2011-06-09 18:04:16
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                    [Title] => Asian currencies including Renminbi, 'fairly valued': US economist
                    [Summary] => 
Despite claims by some academicians and politicians in the United States that the Chinese currency Renminbi is "significantly" undervalued, a US economist with Bank of America Merrill Lynch said on Tuesday that Asian currencies including the Renminbi are fairly valued.
                    [DatePublished] => 2010-12-14 23:00:32
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                    [Title] => More banks to offer Chinese yuan transactions
                    [Summary] => 
More local banks have expressed interest to offer products and services denominated in Chinese yuan or renminbi to their clients in the near future as the volume of transactions continued to grow rapidly.
                    [DatePublished] => 2010-01-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
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                    [Title] => Hong Kong opens doors for financial cooperation with public, private sectors in Philippines
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                    [ColumnID] => 0
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                    [AuthorID] => 1805250
                    [AuthorName] => Euden Valdez
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                    [Title] => More Philippines firms shift to Chinese yuan
                    [Summary] =>  The demand for Chinese yuan or renminbi (RMB) among Philippine companies is increasing amid improving economic relations between Manila and Beijing.
                    [DatePublished] => 2018-12-27 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Lawrence Agcaoili
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                    [Title] => HSBC bets on renminbi
                    [Summary] => 
The Hongkong and Shanghai Banking Corp. (HSBC) said that the recent move of the International Monetary Fund (IMF) to include the renminbi into the special drawing rights (SDR), is a reminder for companies across the world that the Chinese currency  needs to be part of their business strategy.

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                    [Title] => PBB now renminbi-enabled
                    [Summary] => 
The Philippine Business Bank (PBB) has entered into an agreement with Bank of China, Manila branch, and starts participating in the Renminbi Transfer System. PBB is the financial arm of the Yao Group of Companies.

                    [DatePublished] => 2015-03-24 00:00:00
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                    [Title] => Deutsche Bank offers renminbi spot trade for Asian companies
                    [Summary] => 
Deutsche Bank has completed the first Singapore dollar/offshore renminbi (SGD/RMB) spot trade which, in turn, will be made available to Asian firms in need of the Chinese currency for trade.

                    [DatePublished] => 2013-06-01 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] =>  Ted P. Torres
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                    [ArticleID] => 694235
                    [Title] => Moves to make China's yuan trade currency in Philippines underway
                    [Summary] => 
Monetary officials of the Philippines with the support of Filipino and Chinese businessmen are now working to make the Chinese currency Renminbi, or yuan, as a trade currency in the country.
                    [DatePublished] => 2011-06-09 18:04:16
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => 
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                    [Title] => Asian currencies including Renminbi, 'fairly valued': US economist
                    [Summary] => 
Despite claims by some academicians and politicians in the United States that the Chinese currency Renminbi is "significantly" undervalued, a US economist with Bank of America Merrill Lynch said on Tuesday that Asian currencies including the Renminbi are fairly valued.
                    [DatePublished] => 2010-12-14 23:00:32
                    [ColumnID] => 133272
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                    [SectionUrl] => 
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                    [Title] => More banks to offer Chinese yuan transactions
                    [Summary] => 
More local banks have expressed interest to offer products and services denominated in Chinese yuan or renminbi to their clients in the near future as the volume of transactions continued to grow rapidly.
                    [DatePublished] => 2010-01-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
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abtest

Hong Kong opens doors for financial cooperation with public, private sectors in Philippines

By Euden Valdez | October 18, 2022 - 4:45pm

While it is a small city, Hong Kong is a force to be reckoned with in the global financial market.

Business

More Philippines firms shift to Chinese yuan

By Lawrence Agcaoili | December 27, 2018 - 12:00am

The demand for Chinese yuan or renminbi (RMB) among Philippine companies is increasing amid improving economic relations between Manila and Beijing.

Business

HSBC bets on renminbi

December 8, 2015 - 12:00am

The Hongkong and Shanghai Banking Corp. (HSBC) said that the recent move of the International Monetary Fund (IMF) to include the renminbi into the special drawing rights (SDR), is a reminder for companies across...

Banking

PBB now renminbi-enabled

March 24, 2015 - 12:00am

The Philippine Business Bank (PBB) has entered into an agreement with Bank of China, Manila branch, and starts participating in the Renminbi Transfer System. PBB is the financial arm of the Yao Group of Compani...

Banking

Deutsche Bank offers renminbi spot trade for Asian companies

By Ted P. Torres | June 1, 2013 - 12:00am

Deutsche Bank has completed the first Singapore dollar/offshore renminbi (SGD/RMB) spot trade which, in turn, will be made available to Asian firms in need of the Chinese currency for trade.

Business

Moves to make China's yuan trade currency in Philippines underway

June 9, 2011 - 6:04pm

Monetary officials of the Philippines with the support of Filipino and Chinese businessmen are now working to make the Chinese currency Renminbi, or yuan, as a trade currency in the country.

Asian currencies including Renminbi, 'fairly valued': US economist

December 14, 2010 - 11:00pm

Despite claims by some academicians and politicians in the United States that the Chinese currency Renminbi is "significantly" undervalued, a US economist with Bank of America Merrill Lynch said on Tuesday...

More banks to offer Chinese yuan transactions

By Lawrence Agcaoili | January 17, 2010 - 12:00am

More local banks have expressed interest to offer products and services denominated in Chinese yuan or renminbi to their clients in the near future as the volume of transactions continued to grow rapidly.

Business