Jose Sio, Executive Vice President and Chief Financial Officer at SM Investments Corporation, expects the robust Philippine economy to support the company's expansion strategy.» Read More
MANILA, Philippines— American aviation authorities cleared Philippine airlines to increase flights to the United States after safety standards improved and the European Union opened its skies to the Southeast Asian country's main budget carrier.
NEW YORK— David Byrne has been thinking a lot about numbers recently. The Talking Heads frontman's preoccupation has been triggered by the reopening of his immersive show "Here Lies Love," which returns this month to the Public Theater downtown.
MANILA, Philippines— American rock band Journey's lead vocalist Arnel Pineda said he's been putting together an album of his own compositions in his own voice which he plans to release this year. The song about donating money or time to those in need can be purchased in iTunes Store to benefit Typhoon Haiyan victims in the Philippines.
*China growth revised down to 7.5 pct in 2014, 7.4 in 2015. MANILA, April 1- Developing Asia is poised to sustain its current growth momentum and is well positioned to manage risks coming from a slightly slower Chinese economy and possible uneven demand from major industrialised nations, the Asian Development Bank said.
OTTAWA, March 28- Canada has signed a $105 million contract with the Philippines to supply eight military helicopters made by Bell Helicopter Textron Canada, a unit of Textron Inc, Canadian International Trade Minister Ed Fast said on Friday.
*Wheat for delivery in May on the Chicago Board of Trade was down half a percent at $7.06-3/ 4 a bushel by 0104 GMT. *Wheat gained 3 percent on Monday and another 2 percent on Thursday amid forecasts for dry weather in southern U.S. *Chicago corn was little changed at $4.91-1/ 2 a bushel after hitting a near three-week high of $4.92-3/ 4 on Thursday on strong U.S. exports.
While the Association of Southeast Asian Nations is targeting economic integration by 2015, the countries that make it up vary from the developed financial centre of Singapore to the frontier markets of Myanmar and Laos.
MANILA, March 24- Southeast Asia is unlikely to hit a target of integrating its 10 economies by 2015, but the group has much potential to be a trading hub for Asia once it fully creates an economic community, the Philippines' finance chief said on Monday.
MANILA, March 24- The Philippine finance minister said he will push mining companies to pay bigger shares of their revenue to the government even though the industry maintains that taxes are already too high and higher ones could kill the business. President Benigno Aquino, seeking to raise revenue from mining, has met stiff resistance.
March 21- The Philippines will award aircraft contracts to South Korean and Canadian companies worth $525.62 million, a senior defence official said on Friday, boosting its capability as tension simmers in the South China Sea.
Mar 20- For other related diaries, please. MUMBAI, India- The Reserve Bank of India Deputy Governor Kamalesh Chandra Chakrabarty will give a keynote address at an industry event- 0330 GMT. SANTIAGO- Chile Central Bank President Rodrigo Vergara Montes and Finance Minister Alberto Arenas will give presentations at a business forum- 1230 GMT.
Bharat Joshi, Investment Manager at Aberdeen Asset Management, identifies political stability and corporate governance as reasons why investors should look to the Southeast Asian nation.
MANILA, March 10- Overall rice stocks in the Philippines fell to their lowest in four months in February, data showed on Monday, increasing pressure on Manila to import more of the national staple.
*Vietnam newspaper reports Philippines could soon issue new tender. HANOI, March 10- Vietnam has lowered its price floor for exports of low-grade rice for the second time in a month, an industry source said, as the world's No.2 exporter of the grain looks to make its shipments more attractive amid a global supply glut.
MANILA, March 4- Rice prices in the Philippines have risen for six straight weeks, piling pressure on the government to import more of the national staple to stabilise markets and curb inflation already at two-year highs.
SINGAPORE, Feb 21- Global cocoa prices have rallied to 2-1/ 2- year highs on worries El Nino could return in 2014, while other agricultural commodity markets could also be hit by the spectre of the weather anomaly. El Nino means "boy" in Spanish and was first used by anchovy fishermen in Ecuador and Peru in the 19th century.
SINGAPORE, Feb 21- The El Nino weather pattern that can trigger drought in some parts of the world while causing flooding in others is increasingly likely to return this year, hitting production of key foods such as rice, wheat and sugar. A strong El Nino can wither crops in Australia, Southeast Asia, India and Africa when other parts of the globe such as the U.S.
BANGKOK, Feb 18- Any comfort investors in Thailand draw from what happened four years ago, when economic growth, the stock market and foreign investment all surged despite deadly unrest in Bangkok, may be sorely misplaced.
Timothy Riddell, Head of Global Markets Research at ANZ, says investors can look to Taiwan and Korea for buying opportunities, but warns to avoid Thailand and the Philippines.
Amando Tetangco Jr., Governor of Bangko Sentral ng Pilipinas, says the central bank will hold rates steady as long as inflation remains within its target.