Business & Economy

British envoy offers hint on new British investors

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London – British firms are gung-hu over the Philippines as they line-up investments in oil refinery, pharmaceutical production, infrastructure and retailer ventures including UK’s leading fashion brand River Island.

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Asean integration seen to be far off

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The Philippines and its regional neighbors have made significant strides in breaking down trade barriers and promoting financial integration, despite challenges posed by various economic crises in the last five years.

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Double-digit growth seen for construction sector in 2014

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The country’s construction sector is expected to post a double digit growth next year with at least 40 percent share in the first quarter’s gross domestic product (GDP).

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PH business community’s role in Apec

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Earlier this month, I had the privilege to sit, as part of a group, with 21 world leaders from the Asia Pacific Economic Cooperation (Apec) economies, including President Aquino, to discuss with them this year’s pressing issues regarding business and the regional economy.

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Inflation rises to highest in 7 months

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Consumer prices rose below expectations in October as lower power rates offset the effects of several typhoons and other calamities on the country’s food supply, government data released on Wednesday showed.

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PAL London flights showcase of PH pride at World Travel Market

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The resumption of non-stop flights to the United Kingdom will serve as the main focus of tourism promotions by the Philippines under the Department of Tourism’s (DoT) “It’s More Fun in the Philippines” campaign at this year’s WTM to be held from Nov. 4 to 7.

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PH business climate improves – World Bank

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Manila -- Business environment in the Philippines significantly improved this year following a series of reform measures implemented by the government, pulling the country’s standing 30 notches higher to 108th, according to the latest World Bank survey on the Ease of Doing Business.

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UK sees PH as ‘emerging power’

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MANILA -- The Philippines is among several countries that the United Kingdom (UK) considers as “emerging powers,” newly appointed British Ambassador to the Philippines Asif Ahmad said Wednesday.

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PH, Thailand helped boost Asean’s growth in H1

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The strong showing of the Philippine economy, along with that of Thailand, helped raise the combined gross domestic product (GDP) of the 10 members of the Association of Southeast Asian Nations (Asean).

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Aquino seen to bring home $1.7B in investments

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SEOUL, Oct. 18 -- President Benigno Aquino III is expected to bring home at least $1.7 billion in investments from Korean firms as a result of his state visit to South Korea.

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