Viktor Shvets, Head of Strategy Research, Asia at Macquarie, explains why Singapore, Philippines and Vietnam offer interesting long-term opportunities in Southeast Asia.» Read More
MANILA, Philippines— A new index ranks Japan as the most efficient among Asian countries in turning the building blocks of creativity into tangible innovations that benefit their economies and people while Myanmar, Pakistan and Cambodia are least efficient. South Korea was third and China was 11th ranked.
MANILA, Philippines— The Philippine central bank raised key interest rates by a quarter percentage point Thursday for the second time in six weeks to stifle inflation. The bank's Monetary Board raised the rate it charges commercial banks for overnight borrowing to 6.0 percent and the rate it pays lenders for overnight deposits to 4 percent.
MANILA, Sept 9- A Philippine proposal to ban exports of unprocessed metal ores could take seven years to implement, its main backer said in comments that eased concerns about a supply squeeze on China and sent nickel prices skidding.
SINGAPORE/ MOSCOW/ BERLIN, Sept 5- Germany's Rocket Internet faces daunting logistical challenges and rising local competition from Lagos to Laos as it races to capture customers in emerging markets before e-commerce titans Amazon and Alibaba can catch up.
Tensions in the South China Sea may seem far off to Western investors, but any conflict in the region could affect the world economy.
SINGAPORE, Aug 28-' Open data'- the trove of data-sets made publicly available by governments, organisations and businesses- isn't normally linked to high-wire politics, but just may have saved last month's Indonesian presidential elections from chaos.
STOCKHOLM, Aug 7- Philippine Long Distance Telephone Company said on Thursday it was buying a 10 percent stake in Rocket Internet for 333 million euros in cash, valuing the German internet firm and potential IPO candidate at 3.3 billion euros.
*Crown's growing empire to include Macau, Sydney, Manila and Sri Lanka.
July 23- For other related diaries, please. WARSAW- Central Bank of Poland Marek Governor Belka speaks in parliament. MEXICO CITY- IMF presents its latest World Economic Outlook report- 1400 GMT.
SEOUL, July 18- South Korea will scrap caps on rice imports from 2015, potentially opening up the politically sensitive market to more imports from countries such as the United States and China, in a move that has been fiercely resisted by many farmers. Seoul said steep tariffs would be used to protect its farmers.
*South Korea has long been expected to switch to tariffs. SEOUL, July 18- South Korea will scrap caps on rice imports from the start of 2015, instead managing shipments into the country using a system of steep tariffs, the government said on Friday.
Romina Marasigan, Public Affairs Chief and Spokesperson at the Philippines Office of Civil Defense, discusses the government's response to Typhoon Rammasun.
Lessons from Typhoon Haiyan helped the Philippines to respond faster to Typhoon Rammasun, says Richard Gordon, Chairman of the Philippine National Red Cross.
The Australian Bureau of Meteorology this week said Pacific Ocean surface temperatures are at levels associated with a weak El Nino, but the threshold for the weather event has not yet been breached. El Nino could bring dry weather to Australia, which is already struggling with a drought, and it could also curb its wheat, sugar and cotton production.
*Mitsubishi UFJ, CIMB and TPG among suitors- bankers. *Targets include Rizal Commercial Banking Corp- bankers.
MANILA, July 2- Sweating under their hard hats, renowned Polish architect David Libeskind and interior designers from Italy's Armani trooped to a construction site in sweltering, downtown Manila, to perform the ground breaking for a new tower in the Philippine capital.
*Vietnam, Thailand likely to be biggest supppliers of any extra imports. MANILA, June 27- The Philippines, one of the world's biggest rice buyers, will loosen restrictions on imports of the grain, potentially boosting opportunities for key suppliers in the region such as Vietnam and Thailand.
MANILA, June 20- The Philippines has taken emergency measures in a bid to head off a fast-spreading insect infestation threatening its coconut plantations, which if left uncontrolled could severely cripple the country's most valuable agricultural export.
June 19- For other related diaries, please. BEIRUT- Arab Economic Forum in Lebanon. SEOUL- South Korean Finance minister Hyun Oh- seok speaks at the Parliament session on recent events.
*Good news for producers such as Vietnam, Thailand. Bigger purchases by the world's fifth largest buyer of the grain would be good news for growers that typically supply the country such as Thailand and Vietnam. "It is likely that Indonesia will indeed import," said David Dawe, senior economist at the U.N.' s Food and Agriculture Organization in Bangkok.