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Rift between PH, China threatens trade, tourism ties — Global Source

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Screengrab from http://www.globalsourcepartners.com/

Prolonged diplomatic chill between the Philippines and China risks reversing the trend of “mutually beneficial” trade and travel ties that have been growing rapidly over the years, according to the New York-based think tank Global Source.

Posted: April 14th, 2014 in Latest Business Stories | Read More »

Local stocks weighed down by PH-Taiwan rift

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Source: pse.com.ph

The local stock barometer slipped for a second straight session on Friday amid a brewing Philippine-Taiwan row alongside some profit-taking and portfolio realignment.

Posted: May 17th, 2013 in Latest Business Stories | Read More »

Koreans keen on investing in PH, says diplomat

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AP FILE PHOTO

South Korean businessmen are keen to invest more in the Philippines in light of the strong economy, the Aquino administration’s anti-corruption campaign and its public-private sector partnership (PPP) program, a South Korean diplomat in Manila said recently.

Posted: April 20th, 2013 in Latest Business Stories | Read More »

PH gambling business seen surpassing Singapore’s $5.6B market by 2018

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credit-suisse-logo

The Philippines’ burgeoning gaming industry may surpass Singapore’s $5.6-billion gaming market by 2018 on the back of a larger local mass market and likely spillover of foreign high-rollers, foreign bank Credit Suisse said.

Posted: February 28th, 2013 in Latest Business Stories | Read More »

Marubeni buys into Maynilad

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Marubeni is being wooed as a strategic partner in Maynila Water Services by the consortium of Metro Pacific Investment Corp. and DMCI Holdings, according to industry sources.

The Japanese trading giant Marubeni has finalized a deal to buy a 20 percent stake in Maynilad Water Services Inc., coming in as a strategic partner of the Metro Pacific-DMCI consortium.

Posted: February 14th, 2013 in Latest Business Stories | Read More »

Ayala subsidiary gets deal to manufacture electronic parts for Mazda cars

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imi

Ayala-led Integrated Micro-Electronics Inc. has bagged a deal to manufacture HVAC (heating, ventilation and air conditioning) and blower units for Mazda cars at its plant in Guadalajara, Mexico, starting in the first quarter of 2014.

Posted: February 1st, 2013 in Latest Business Stories | Read More »

I-Remit ties up with Palawan Pawnshop

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i-remit

The cash transfer company i-Remit Inc. has expanded its local remittance business by signing a partnership with pawnshop operator Eight Under Par Inc., more commonly known as Palawan Pawnshop.

Posted: January 30th, 2013 in Uncategorized | Read More »

IMF tempers global outlook but upgrades that for PH

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IMF managing director Christine Lagarde: Tempered global outlook

The International Monetary Fund has tempered its outlook on the global economy for 2013, which the institution sees as a “make-or-break” year likely fraught with a fragile economic recovery and high uncertainties.

Posted: January 24th, 2013 in Latest Business Stories | Read More »

Mindanao open for business, Malaysians told

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Philippine Ambassador to Malaysia Eduardo Malaya. Photo from J Eduardo Malaya facebook

Buoyed by the positive outlook arising from the initial peace agreement signed with the Moro Islamic Liberation Front (MILF), the government held the first-ever Mindanao Business Networking Forum in Kuala Lumpur, Malaysia, to attract investors to Mindanao and hasten the development of the region.

Posted: December 4th, 2012 in Latest Business Stories | Read More »

Canadian premier pledges more investments in PH

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Visiting Canadian Prime Minister Stephen Harper gestures during a joint news conference with Philippine President Benigno Aquino III, unseen, Saturday, Nov. 10, 2012 at Malacanang Palace grounds in Manila, Philippines. It was the first visit by a Canadian head of state in 15 years which was aimed at strengthening relations between the two countries. Canada is home to hundreds of thousands of Filipino immigrants. AP

Visiting Canadian Prime Minister Stephen Harper said Saturday he saw the Philippines as “an emerging Asian tiger,” echoing the bullish outlook on the country painted by political and business leaders in various parts of the world.

Posted: November 10th, 2012 in Latest Business Stories | Read More »

Australia bullish on Philippines

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australia-map

The business sector in Australia is bullish on the Philippine economy, with many shakers and movers in trade and investment looking forward to partnering with the “next tiger economy in Southeast Asia.”

Posted: October 26th, 2012 in Latest Business Stories | Read More »

Japan Inc. sees ‘China risks’ anew in island row

japa-protest

Riots at Japanese factories, stricter customs inspections and other barriers thrown up over a territorial row have reawakened an alarmed Japan Inc. to the risks of doing business with China, analysts say.

Posted: September 27th, 2012 in Latest Business Stories | Read More »

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