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Published January 25, 2021, 6:00 AM The COVID-19 pandemic has put on hold foreign banks’ plan to establish local units or branches in the Philippines. “As of now, no application to establish foreign bank is received by the FSS (Financial Supervision Sector),” according to Bangko Sentral ng Pilipinas (BSP) Deputy Governor Chuchi G. Fonacier, who heads the FSS. Before the global pandemic was declared in March last year, there were at least three foreign banks based in Hong Kong, South Korea...

Thursday, 21 January 2021, 1:01 pm Sixteen of New Zealand’s top racing drivers are all set to race in the 66th New Zealand Grand Prix this weekend and there’s huge interest in what is being billed as an historic Race of Champions. Igor Fraga takes the Grand Prix chequered flag in 2020. Which Kiwi will win it this weekend and add their name to an illustrious list? Picture Bruce Jenkins With the pandemic travel restrictions accounting for the usual international entrants, it’s turned into ...