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PH said to be ‘punching below its weight’

The Philippines needs to address infrastructure bottlenecks to prevent annual growth from sliding back to the 5-6 percent growth range, an economist at British banking giant HSBC said.

Posted: March 14th, 2014 in Headlines | Read More »

UK gov’t earmarks P3M for PH business center

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The British Embassy in Manila has earmarked an initial 40,000 British pounds (or about P3 million) to set up in the country its first business center that will support UK-based firms wanting to tap opportunities in the Philippines.

Posted: March 10th, 2014 in Headlines | Read More »

Slower economic growth for PH seen

After beating expectations last year with a growth rate of 7.2 percent, the Philippine economy is seen to grow at a slower pace this year but infrastructure projects under the public-private partnership (PPP) framework are seen perking up growth back to more than 7 percent in 2015.

Posted: February 2nd, 2014 in Headlines | Read More »

AUB raising P2B from new offering

Asia United Bank has rolled out a P2-billion fund-raising program from the sale of high-yield deposit instruments, joining the bandwagon of banks aiming to attract cash-awash investors.

Posted: November 28th, 2013 in Headlines | Read More »

Trouble in North Forbes

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AS A GENERAL rule, foreign diplomats operating in the Philippines enjoy immunity from criminal and civil prosecution. But some may be taking this privilege a little too seriously.

Posted: November 25th, 2013 in Headlines | Read More »

First Gen raises $250M from bond offer

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First Gen Corp. (First Gen) said Thursday it successfully closed its $250 million 10-year bond issue, which will support the company’s power ventures.

Posted: October 11th, 2013 in Headlines | Read More »

Trade missions from UK seen hitting 7 in ’13

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The British Embassy in Manila expects the number of trade missions from the United Kingdom to hit as many as seven this year, reportedly the highest in about a decade, as UK targets to double its bilateral trade with the Philippines by 2017.

Posted: September 29th, 2013 in Headlines | Read More »

PH economy may grow by more than 7%, analysts say

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The country’s economic growth is expected to stay above 7 percent for the fourth consecutive quarter as the Philippines outperforms the rest of Asia amid weak economic conditions.

Posted: September 26th, 2013 in Headlines | Read More »

Foreign banks upgrade PH growth forecasts

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Citibank

Two of the foreign banks with the largest operations in the Philippines upgraded their economic growth forecasts for 2013 after the country beat market expectations and outperformed the rest of its Southeast Asian peers in the second quarter.

Posted: August 30th, 2013 in Editor's Pick,Headlines | Read More »

Former banker turns into an artisan

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ONE of Georgina’s accessories made of sterling silver then plated in gold. Photo by Ma. Esther Salcedo-Posadas, Contributor

Together with husband Frederick, former HSBC (Hongkong and Shanghai Banking Corporation) banker and MBA grad Georgina Ong has pursued an entrepreneurship path few corporate citizens have dared to tread —artisanship via silversmithing of fashion accessories.

Posted: July 27th, 2013 in Featured Gallery,Headlines,Inquirer Features,Photos & Videos | Read More »

China manufacturing falls to 11-month low—HSBC

Two Chinese workers clean glass panels at a mall in Beijing on July 7,2013. Chinese manufacturing activity contracted further in June, data showed on July 1, with a closely watched survey hitting a nine-month low and adding to signs of weakness in the world's second-largest economy. AFP/WANG ZHAO

China’s manufacturing activity contracted to a 11-month low in July, an HSBC survey showed Wednesday, the first evidence of the Asian economic giant losing further momentum in third quarter.

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

HSBC upgrades PH growth outlook for ’13

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British banking giant HSBC has upgraded its Philippines growth outlook for this year and the next, but warned that the country may be rocked by external pressures.

Posted: July 13th, 2013 in Headlines | Read More »

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