Philippines

Property

Ascott wins contracts to manage 4 properties in Southeast Asia; sets 160,000-unit target for 2023

SINGAPORE (Jan 29): CapitaLand says its serviced residence business unit, The Ascott, has won contracts to manage four properties with 1,200 units across Malaysia, the Philippines and China.

Results

QAF's 3Q earnings fall 62% to $7.5 mil on higher costs & expenses

SINGAPORE (Nov 10): Multi-industry food company QAF saw its earnings fall 62% to $7.5 million for 3Q17 compared to $19.4 million of earnings a year ago on higher costs and expenses.

Emerging Markets

Philippines, Indonesia and India have got a Fed problem

(Aug 23): The populist leaders of India, Indonesia and the Philippines won office with promises of massive spending to upgrade their nation’s roads, railways and ports. Doing so, the thinking goes, would supercharge economic growth and emulate China’s

NeraTel wins $14.9 mil worth of new contracts

SINGAPORE (Aug 1): Nera Telecommunications (NeraTel) has clinched a total of $14.9 million worth of new contracts for both its network infrastructure (NI) and wireless infrastructure network (WIN) business segments.
residential condominiums and townhouses in Manila, economy grows, reclaimed land prices

Fastest-rising Manila properties are from sea-reclaimed land

(July 26): In Manila, the crowded Philippine capital of more than 12 million inhabitants, land that was reclaimed from the sea is selling like hot cakes.

Top regional stocks to watch as transport infrastructure spending shifts up a gear

SINGAPORE (June 23): With the Asean-5 looking to improve their global competitiveness in the years ahead, HSBC Global Research is anticipating a regional shift in spending from power and telecoms, to the largely-neglected transport infrastructure segmen

India, Philippines to lead Asian growth as workforces rise

(May 5): For a vivid illustration of why demographics matter so much for economic growth, take a look at the diverging trends in Asia.

Neratel announces new contract wins worth $7.15 mil

SINGAPORE (April 24): Nera Telecommunciations (Neratel) has received contracts of approximately $7.15 million in aggregate in relation to the supply, delivery, installation and maintenance of security application equipment to a telecom operator in the Phi
UK container ship (Image: Bloomberg)

Global Economy

Malaysia reacts coolly to prospect of TPP trade pact minus US

MANILA (March 14): Efforts to salvage a blockbuster Pacific trade deal are struggling against waning enthusiasm from participants such as Malaysia, lowering expectations for a meeting of officials this week in Chile.
Edgar “Injap” Sia

Property

Barbecue chicken seller turns tycoon with a 2,500% stock surge

MANILA (Feb 2): It’s been a fast ascent for college dropout Edgar “Injap” Sia, who less than a decade ago was selling barbecue chicken in the Philippines. He now leads the real estate developer with the best stock gains in Asia.
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