Singapore exports fall most in three years in March MONDAY, 18 APRIL 2016 – Singapore exports tumbled at their fastest pace in three years in March on falling shipments to Europe and China, official data showed Monday, supporting forecasts for slower economic growth and further monetary easing this year. Non-oil domestic exports shrank 15.6 percent year-on-year […]
Read MoreGERI rides on tourism to grow hotel business THURSDAY, 30 JUNE 2016 – Global-Estate Resorts Inc. is building more hotels in the next three years to take advantage of a growing tourism industry.The tourism and leisure subsidiary of Megaworld Corp. is spending P5 billion for the development of more hotels in the next two to […]
Read MoreEase foreign ownership rules THURSDAY, 30 JUNE 2016 – A relaxed foreign ownership rule needs to be implemented for the Philippine property sector to benefit from the Brexit victor, a real estate analyst said.In a text message, KMC Mag Group head of research Antton Nordberg noted a possible capital spillover to emerging markets, including the […]
Read More‘Imports to grow by double digits this year’ WEDNESDAY, 29 JUNE 2016 – The country’s merchandise imports are expected to maintain “double digit” growth for the remainder of the year, driven by the robust demand for capital goods and building materials as the country moves to ramp up infrastructure spending and housing projects.“We expect import […]
Read MoreNFA: There is enough rice for the lean months WEDNESDAY, 29 JUNE 2016 – The National Food Authority (NFA) on Wednesday assured Filipinos there is ample rice even if the government’s rice importation scheme for the lean months has been deferred.In a statement, NFA Officer-in Charge Tomas Escarez said he has directed all field offices […]
Read MoreRP remittances safe from ‘Brexit’ — HCBC TUESDAY, 28 JUNE 2016 – An official of banking giant HSBC is confident that Brexit will not greatly affect remittance inflows to the Philippines since the possible decline of inflows from UK can be countered by the strengthening of the greenback and its impact on the peso value […]
Read More
Thailand
