By Leslie D. Venzon MANILA, Nov. 23 (PNA) — Local share prices surged back close to 7,000-level on Monday in anticipation of fourth-quarter window-dressing activities. The benchmark Philippine Stock Exchange index (PSEi)…
Category: Business & Economy
More MSMEs aware of ASEAN integration, utilize FTAs
By Kris M. Crismundo MANILA, Nov 23 (PNA) — Micro, small and medium enterprises (MSMEs) are now more aware of the ASEAN integration and use free trade agreements (FTAs), Department of Trade…
Ayala Land scouts for investment opportunities in ASEAN
By Leslie D. Venzon MANILA, Nov. 23 (PNA) — Property giant Ayala Land Inc. (ALI) is continuously on the lookout for possible investment opportunities in Southeast Asia after it acquired a stake…
Heightened interest now among some ASEAN members towards TPPA
KUALA LUMPUR, Nov. 22 (PNA/Bernama) — There is heightened interest now among some ASEAN members towards the recently concluded Trans-Pacific Partnership Agreement (TPP) trade pact. Indonesia and the Philippines, for one, have…
Asia-Pacific nations to seek conclusion of free trade pact by 2016
KUALA LUMPUR, Nov. 22 (PNA/Kyodo) — Leaders from 16 Asia-Pacific countries agreed on Sunday to push for the conclusion of a massive regional free trade deal by 2016. The 10-member Association of…
Twitter plans to establish branch in PHL
By Ben Cal MANILA, Nov. 22 (PNA) — Twitter is planning to establish an office in the Philippines. Adam Sharp, director, news, government and election of Twitter, made the disclosure during his…
AEC will raise overall ASEAN GDP by 7% come 2025
KUALA LUMPUR, Nov. 21 (PNA/Bernama) — Measures to further liberalize and integrate the ASEAN Economic Community (AEC) will raise overall Gross Domestic Product in the region by 7 percent by 2025, says…
Government actions on Climate Change actually boost businesses – President Obama
MANILA, Nov. 19 (PNA) — United States President Barack Obama said on Wednesday that an active action for climate change could generate enormous business in Asia and around the world. In his…
BSP open to increasing yuan holdings
By Joann Santiago MANILA, Nov. 19 (PNA) — The Bangko Sentral ng Pilipinas (BSP) is open to the possibility of hiking its renminbi holdings on back of the expanding use of the…
TPP leaders determined to see trade agreement put into action
MANILA, Nov. 19 (PNA/VNS) — Leaders of the 12 nations involved in the Trans-Pacific Partnership (TPP) agreed to make strong efforts to promote the signing, ratification and implementation of the agreement, Vietnam…
GenSan pushes entry of more investments, ventures on shrimp farming
GENERAL SANTOS CITY, Nov. 19 (PNA) — The city government is pushing for the entry of more investments and ventures on shrimp farming and production in a bid to develop the industry…
President Xi Jinping pushes FTAAP acceleration, regional integration
By Filane Mikee Z. Cervantes MANILA, Nov. 18 (PNA) — Chinese President Xi Jinping is urging Asia-Pacific economies to hasten the process of the Free Trade Area of the Asia-Pacific (FTAAP) and…
Obama says US to work with PHL on TPP agreement process
By Leslie D. Venzon MANILA, Nov. 18 (PNA) — United States President Barack Obama on Wednesday welcomed and expressed willingness to work with the Philippines interest to join the Trans-Pacific Partnership (TPP)…
Alibaba founder shares the power of believing and technology
By Ma. Cristina C. Arayata MANILA, Nov. 18 (PNA) — Do you shop online? Have you heard about Alibaba (Alibaba Group Holding Limited), the Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and…
TPP, other trade deals to support Asia-Pacific economic integration
By Leslie D. Venzon MANILA, Nov. 17 (PNA) — Ministers from 21 Asia-Pacific economies are expecting that Trans-Pacific Partnership (TPP) and other trade agreements to further support regional economic integration, as they…