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Philippines: Banks’ NPL ratio hits 4.35%

MANILA, Philippines — The non-performing loan (NPL) ratio of Philippine banks accelerated for the fourth straight month as bad debts continued to soar amid the resurgence of COVID-19 cases in the country. Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed the gross NPL ratio of the banking industry hit a fresh 12-year high […]

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Tackling Asia’s plastic pollution

Less than a century ago, most products in Asia were made mainly from natural materials, and were built to last or to biodegrade easily. People wrapped food in leaves or paper and carried it in reusable containers, returned glass milk bottles so that they could be sterilised and used again, and ate in restaurants using […]

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