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Asian shares mostly up in quiet trade

A man walks by an electronic stock board of a securities firm in Tokyo Thursday, Jan. 30, 2014. Asian markets slumped Thursday, extending a global rout on renewed fears about emerging economies after the US Federal Reserve pressed ahead with its stimulus reduction and Turkey and South Africa hiked interest rates.  AP

Asian markets mostly rose while the dollar edged up in holiday-narrowed trade on Friday following a mixed lead from Wall Street and news of a deal between Russia and the West to ease Ukraine tensions.

Posted: April 18th, 2014 in Latest Business Stories | Read More »

PH seeks US trade, investment aid for Bangsamoro, Yolanda-hit areas


The Philippine government will pitch to the US Congress a piece of legislation aimed at boosting trade and investments in the areas badly affected by Super Typhoon Yolanda, as well as the underdeveloped parts of the newly formed Bangsamoro in Mindanao, according to Manila’s envoy to Washington.

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

Crude oil prices fall further in Asia


Oil prices extended losses in Asian trade Friday as data showing a slowdown in China’s giant economy sparked concerns about weak demand.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

Invite all SE Asian nations to Pacific pact, says PH finance exec

Finance Secretary Cesar Purisima: Public sector debt has become more and more manageable. INQUIRER FILE PHOTO

A U.S.-backed Pacific free trade pact could cause resentment in Southeast Asia as it would leave some nations in the region better positioned to access America’s market than others, Finance Secretary Cesar Purisima said Thursday.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

Exports hit 3-year high in February

Food entrepreneurs exhibit their products at the Sikat Pinoy food fair at the SM Megamall on March 28, 2014. Export earnings from manufactures grew year on year by 22.4 percent in February to $3.9 billion from last year’s $3.2 billion, data from the Philippine Statistics Authority showed.

Philippine exports rose to a three-year peak in February due to the heavy volume of electronics and other commodities shipped out, according to official data released on Thursday.

Posted: April 11th, 2014 in Editor's Pick,Featured Gallery,Headlines | Read More »

PH tallies $1B in foreign investments

Long-Term investments in the Philippines by foreigners rose to over $1 billion in January, indicating sustained confidence in the country’s economic prospects.

Posted: April 11th, 2014 in Headlines | Read More »

Top Filipino, US businessmen to lobby for PH inclusion in TPP

Philippine Ambassador to the US Jose L. Cuisia Jr. INQUIRER FILE PHOTO

A group composed of top Filipino and American business leaders would help lobby for the Philippines’ inclusion in the US-led Trans-Pacific Partnership (TPP) trade deal, on top of initiatives to attract more American investors into the country, the Philippine envoy to Washington said.

Posted: April 7th, 2014 in Latest Business Stories | Read More »

Singapore firms to tap agri, retail trades in PH

Singaporean President Tony Tan Keng Yam, center, is escorted by President Aquino, right, as he reviews the troops during a welcoming ceremony Thursday, April 3, 2014 at Malacanang Palace grounds in Manila at the start of his four-day state visit to discuss trade and security between the two countries. Singaporean companies are now keen on tapping investment opportunities in the country’s agriculture, retail and infrastructure industries.  AP

Encouraged by the Philippine economy’s robust growth, Singaporean companies are now keen on tapping investment opportunities in the country’s agriculture, retail and infrastructure industries.

Posted: April 7th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Oil prices mixed in Asian trade


Oil prices were mixed in subdued Asian trade Friday as dealers stood on the sidelines bracing for the release of a key US jobs report, analysts said.

Posted: April 4th, 2014 in Latest Business Stories | Read More »

PH improves standing as world trade destination


The Philippines continued to improve its standing as a viable business destination as it advanced eight notches in the World Economic Forum’s enabling trade index, to rank 64th of 138 economies.

Posted: April 3rd, 2014 in Headlines | Read More »

Globe Telecom unit launches SME service


G-Xchange Inc. (GXI), the e-commerce unit of Globe Telecom, on Thursday launched a platform that will allow entrepreneurs to use their mobile phones to accept debit and credit card payments.

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

Russia to pursue trade with Asean


Russia has expressed a keen interest in the areas of transport, energy, information technologies, tourism and public-private partnership investment fund, once the Asean Economic Community is fully established, said Lim Hong Hin, deputy secretary general of Asean.

Posted: March 27th, 2014 in Latest Business Stories | Read More »



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