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PH seen to spawn wealthy consumer class

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AFP FILE PHOTO

The so-called VIP economies made up of Vietnam, Indonesia and the Philippines are expected to corner more foreign investments in the coming years as well as “breed an increasingly wealthy consumer class,” according to global property consultancy firm Cushman & Wakefield.

Posted: October 15th, 2014 in Editor's Pick,Headlines | Read More »

SE Asia’s debt markets seen bouncing back

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Southeast Asia’s debt markets are expected to regain their vibrancy next year given supporting economic conditions and the need for banks to hike capitalization levels due to new regulations.

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

PH-Indonesia trade potential seen at $12B

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Indonesia and the Philippines are looking at raising the level of existing bilateral trade to as much as $12 billion, given the prospective opportunities in seaweed, agriculture and palm oil plantation, mining, and even in retail and franchising.

Posted: September 13th, 2014 in Headlines | Read More »

Indonesian palm oil firm eyeing massive plantation in Mindanao

SCREENGRAB from www.musimmas.com

PT. Musim Mas, the second largest palm oil processor in Indonesia, is eyeing to set up a palm oil plantation and possibly, a refinery in Mindanao, as part of its plans to further expand in the region.

Posted: September 13th, 2014 in Headlines,Latest Business Stories | Read More »

More firms relocating to PH

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More companies are seen relocating to the Philippines as well as neighboring Indonesia and Malaysia to tap these countries’ young and educated talent base amid rising labor costs in China, according to global workforce solutions provider ManpowerGroup.

Posted: August 28th, 2014 in Headlines | Read More »

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