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With its recently secured investment grade rating from major credit rating agencies and improved ranking on global competitiveness, the Philippines is prepared for the Association of Southeast Asian Nations (Asean) economic integration in 2015, a top government official said. In the session on “Trade: Lifting Barriers to Growth” during last…

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AirAsia said it is planning to go back to Clark International Airport (CIA) when the connector road linking the North Luzon Expressway (NLEX) and the South Luzon Expressway (SLEX) is built in 2016. “Yes, when that connector is built, Secretary Singson mentioned to me that the connection would be ready,…

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Malaysia sees more economic opportunities in southern Philippines after the signing of the Comprehensive Agreement on Bangsamoro especially in the development of Mindanao’s agricultural sector, specifically oil palm and rubber plantations. Malaysian Minister of International Trade and Industry Mustapha Muhammed said the agreement opens up doors for Mindanao’s economic growth,…

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The practice of following one’s perceptions that lead to losses instead of subscribing to the law of supply and demand seems to be muddled somewhat. This may be attributed to one’s personal determination to abide by his/her beliefs rather than adhering to the basic concept of supply and demand. This…

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A MARKET investor, who identified himself as Lemuel Delloro, is asking why the Philippine Stock Exchange and the Securities and Exchange Commission “did not slap penalties on Marcventures.” He went on to cite a serious violation which Due Diligencer decided not to cite here so as not to pre-empt any…

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The Philippine Stock Exchange index (PSEi) ended the morning trade in green, rising for the 5th straight session by 7.91 points or 0.12 percent to 6,534.53. The further improvement in the Philippine shares was buoyed by the Wall Street’s overnight ascent by around 100 points. The wider all shares also…

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The value of commodity flow within the country the first quarter of 2013 reached P131 billion, or a decrease of 0.3 percent, data from the National Statistics Office (NSO) said on Tuesday. The NSO noted that the value of commodity flow in the first quarter was lower than the P131.41…

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TOKYO: Apple has filed a trademark application for an “iWatch” in Japan, fuelling speculation the US tech giant is preparing to introduce a wearable computing device to go up against products on stream from Google and Samsung. The firm has long been rumoured to be working on introducing an “iWatch”,…

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The Securities and Exchange Commission has allowed SM Land to extend its tender offer for the shares of SM Development Corporation (SMDC) to give its shareholders extra time to comply with documentary requirements. This tender offer is in line with SM Group’s plan to consolidate some of its property businesses…

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TOKYO: The dollar and euro dipped against the yen in Asia Tuesday after enjoying a pick-up in New York on upbeat manufacturing data in the United States and Europe. Strength in the world’s biggest economy is a key factor behind the timeline for the US Federal Reserve to wind down…

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SINGAPORE: Oil prices were mixed in Asia Tuesday as upbeat US manufacturing data boosted hopes for stronger demand in the world’s top crude consumer, analysts said, while fears are growing over political unrest in Egypt. New York’s main contract, West Texas Intermediate light sweet crude for delivery in August, was…