Asean Morning News Compiled by Stella-maris Ewudolu @stmarisewudolu Asean to benefit from Belt and Road initiative — UOB Asean is expected to benefit from the pick-up in activities along China’s Belt and Road (B&R) corridor, due […]
Philippines to remain fastest growing economy in region: Fitch The Philippines will likely remain the fastest growing economy in Southeast Asia for the next five years, Fitch Ratings said in its report “Asia Pacific Sovereign […]
Asean Morning News Compiled by Stella-maris Ewudolu @stmarisewudolu Asean firms win bid to supply rice to Philippines Six companies from Southeast Asia will likely supply the 250,000 metric tons (MT) of rice as part of […]
Philippines buys 250,000 tons of rice to boost stockpiles THE NATIONAL FOOD AUTHORITY (NFA) purchased 250,000 metric tons (MT) of rice in a tender yesterday from suppliers in Vietnam, Thailand and Singapore, as it rushed […]
Asean Morning News Compiled by Stella-maris Ewudolu @stmarisewudolu Southeast Asia’s Grab to Get $2.5b Extra Firepower in Battle With Uber Southeast Asian ride-hailing service Grab expects to raise $2.5 billion in a record round of […]
MPIC mulls P20-B Cavitex-Port Area expressway The tollway arm of Metro Pacific Investments Corp. (MPIC) is planning to propose a P20-billion expressway project to connect the Manila-Cavite Toll Expressway (Cavitex) to the Port Area. — […]
Asean Morning News Compiled by Stella-maris Ewudolu @stmarisewudolu Government must lead the Asean Code of Conduct A year after receiving a favorable ruling from the Permanent Court of Arbitration in The Hague, it is incumbent […]
CTA junks P292-M tax demand vs energy firm THE COURT of Tax Appeals (CTA) has ordered the cancellation and withdrawal of the Bureau of Internal Revenue’s (BIR) P292-million tax assessment against energy and power firm […]
Asean Morning News Compiled by Stella-maris Ewudolu @stmarisewudolu 500 Startups emerges as most active tech investor in SEA With around 90 portfolio companies in Southeast Asia, Silicon Valley-based venture capital fund 500 Startups has emerged […]
ADB hikes ’17,’18 growth forecasts for PH The Asian Development Bank has raised its gross domestic product (GDP) growth forecasts for the Philippines for this year and next year, with the country expected to lead […]
Asean Morning News Compiled by Stella-maris Ewudolu @stmarisewudolu ADB invests in Thai IPP planning renewables expansion The Asian Development Bank (ADB) is supporting the plans of Thai firm B. Grimm Power Public Company (SET:BGRIM) to […]
Customs collections up 21% to P211.8B in first six months The Bureau of Customs posted a measly increase in its collection of import duties and other taxes in June, thus missing its target for the […]