MANILA, Philippines — The Philippines slipped eight places to rank 64th out of 141 countries in the latest Global Competitiveness Report of the World Economic Forum (WEF) from 56th place last year amid lower rankings in the information and communication technology (ICT) adoption and macroeconomic stability pillars. The WEF report released by local partner institute […]
Read MoreBrunei Darussalam shared concerns over the rise of obesity, particularly among children, despite increased awareness of healthy eating among the population and health awareness programmes on a healthy diet at the ongoing 70th Session of the World Health Organization (WHO) Regional Committee for the Western Pacific in Manila, Philippines. Brunei Darussalam called for concerted action to […]
Read MorePETALING JAYA: The logistics and automotive sectors are among those that will feel the impact of the targeted fuel subsidy scheme, when it kicks off in January next year. Higher costs for the logistics sector lead to higher transport costs for businesses, regardless of the sectors they operate in, and ultimately higher prices for products […]
Read MoreThe Trade Negotiations Department is scheduled to hold public hearings nationwide to hear from all stakeholders throughout October and November, aiming to revive long-delayed trade talks between Thailand and the EU. Auramon Supthaweethum, the department’s director-general, said hearings were set for Oct 10 in Chon Buri for the East, Oct 22 in Chiang Mai for […]
Read More[GENEVA] The United States fell to second place behind Singapore in the World Economic Forum’s flagship Global Competitiveness Report, with the slippage linked in part to President Donald Trump’s trade wars. The Forum, organisers of the glitzy annual gathering of business and political elite in Davos, have released an annual competitiveness report since 1979 that […]
Read MoreMANILA, Philippines — The Securities and Exchange Commission has issued new requirements for fund managers of real estate investment trusts (REITs). Under the proposed amendments to the implementing rules and regulations of the Real Estate Investment Trust Act of 2009, majority of the members of the board of the REIT fund manager must be independent […]
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