Welcome!
Philippines
China, Philippines agree to cooperate on 30 projects worth US$3.7 bil
BEIJING (Jan 23): China has agreed to cooperate with the Philippines on 30 projects worth US$3.7 billion ($5.2 billion) focusing on poverty reduction, the two countries said after a meeting in Beijing on Monday.
January 23, 2017
Global Markets
Get ready for the Southeast Asian infrastructure boom
MANILA/SINGAPORE/KUALA LUMPUR (Jan 20): Manila’s Metro Pacific Investments Corp., Indonesia’s PT Krakatau Steel and Airports of Thailand Pcl are among the top investor picks as Southeast Asian governments embark on programs to boost roads, rail, ports
January 20, 2017
Results
Del Monte posts 58% fall in 2Q earnings to US$20 mil on absence of one-off gain
SINGAPORE (Dec 6): Del Monte Pacific posted earnings of US$20.2 million ($28.7 million) for 2QFY17, a 57.8% decrease from the earnings of US$47.8 million in 2QFY16.
December 06, 2016
Broker's Calls
Should QAF be in your bread basket of stocks?
SINGAPORE (Nov 29): OCBC is maintaining its “buy” call on multi-industry food company QAF with a fair value of $1.46 given supportive growth conditions like favourable raw material prices due to ample global supply.
November 29, 2016
Global Markets
Duterte outbursts start scaring US companies, industry says
MANILA (Nov 14): Signs of investor discontent with Rodrigo Duterte’s outbursts against the US are multiplying with American companies starting to hold off investing in the Philippines, the nation’s electronics and semiconductor industry said.
November 14, 2016
Singapore is world’s second most competitive economy in 2016
SINGAPORE (Sept 28): Singapore has narrowly missed out on the top spot in the World Economic Forum’s (WEF) Global Competitiveness Index 2016, coming in second to Switzerland in the study involving 138 countries.
September 28, 2016
Broker's Calls
Delfi now a more delectable option to OCBC
SINGAPORE (Sept 22): OCBC Investment Research has upgraded its previous “sell” call on cocoa manufacturer and distributor Delfi to “hold” with an unchanged fair value estimate of $2.34.
September 22, 2016
After insult, US and Clinton call for Duterte to show respect
WASHINGTON/LONDON (Sept 7): The US State Department and Democratic presidential candidate Hillary Clinton on Tuesday stressed the need for ties with the Philippines to be based on mutual respect, after Manila's new leader raised worries about the futu
September 07, 2016
What’s hot – and not – among Singapore’s online jobseekers
SINGAPORE (Aug 30): Fewer jobseekers in Singapore and Malaysia have the Internet to thank for getting hired, according the latest results of the Monster Employment Index.
August 30, 2016
Manufacturing in Asia barely improving: HSBC
SINGAPORE (July 4): Asia’s newest headline manufacturing PMI readings from Markit, CEIC and HSBC’s combined study may reflect low inventories for some countries of late – but this does not mean that new orders nor output growth are picking up, says
July 04, 2016