FELIPE F. SALVOSA II

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THE Association of Southeast Asian Nations (Asean) and its trading partners have decided to delay to next year the conclusion of talks for the Regional Comprehensive Economic Partnership (RCEP), even after 19 rounds of negotiations. Asean Secretary General Le Luong Minh said the objective was to come up with a…

TALKS ON SEA CODE OF CONDUCT BEGIN NEXT YEAR

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THE Association of Southeast Asian Nations (Asean) is not the venue to resolve sovereignty claims over the South China Sea, the secretary general of the 10-nation bloc has reiterated. Asean however is the venue to regulate the conduct of all parties in the territorial dispute, Asean Secretary General Le Luong…

EXCLUSIVE

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THE Association of Southeast Asian Nations (Asean) needs to address a gap between high-level policymaking and program execution at the grassroots as it marks its 50th anniversary, the outgoing head of the Asean secretariat said on Sunday. Vietnamese diplomat Le Luong Minh, who has been the secretariat’s secretary general since…

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FIVE years ago, a study by British banking giant HSBC grabbed the headlines for projecting that a handful of developing economies, the Philippines included, would be among the world’s largest by the middle of the century. The chances of that projection becoming reality have risen considerably now that the Duterte…

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Cagayan de Oro doctor funded plan to attack Times Square, subway in 2016 AN orthopedic surgeon based in Cagayan de Oro City has been charged by the US government for financing a foiled Islamic State (IS) plot to bomb New York City’s Times Square and subway system. Russell Langi Salic,…

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The governing council of the Catholic Bishops’ Conference of the Philippines (CBCP) on Tuesday called for a stop to the senseless killings of teenagers, amid public outrage over the deaths of Kian de los Santos (17), Carl Angelo Arnaiz (17) and Reynaldo de Guzman (14). “We are appalled by the…

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GIVEN the huge value of assets involved in financial leasing, say container trucks or magnetic resonance imaging machines, one would conclude that such financial arrangements are the domain of major corporate players. But leasing is also for small and medium enterprises. In top financial leasing companies like BDO Leasing and…

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With financial leasing beginning to make headway in the Philippines, it would be gainful to look at major regulations affecting the industry. Financial leasing companies are overseen by the Securities and Exchange Commission (SEC) and, if a subsidiary of a bank or granted a quasi-banking license, by the Bangko Sentral…

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KUALA LUMPUR, Malaysia: The local unit of Malaysia’s Berjaya Corp. Bhd is looking to expand its Philippine footprint, setting its sights on tourism and hospitality as well as automotive services. Wong Ee Coln, president of Berjaya Philippines Inc., said the company was looking for suitable locations to build a new…

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