Living standards in SE Asia up : washing machine sales rise 18%
Tweet Living standards are rising rapidly in South East Asia if the sales of domestic appliances such as washing machines and air conditioners are anything to go by. According to…
Philippine’s economy to register better growth this year despite the 2011 setbacks
Tweet Last year (2011), Philippine’s economy faced a number of a number of challenges including the slowdown in world’s economy. However, officials are confident that the country will register impressive…
Philippines launches ‘one-stop-shop’ to cut red tape for entrepreneurs
Tweet Business leaders have welcomed a Philippines government initiative to cut the red tape associated with starting up a new business or taking on additional employees. It is hoped that…
Tencent acquires forty nine percent of gamer Level Up
Tweet Tencent, China’s leading internet services provider, has acquired 49% in Level Up, an online gaming platform. Tencent also has an option to raise its ownership to 67%. Tencent (HKG:0700)…
Vale’s new iron ore maxi-ship to break BHP’s iron ore grip on Asia
Tweet The second of Vale’s iron ore super ships, or Valemaxes as they are being called, has set sale from Brazil for Asia in an attempt to break the grip…
World Bank invests USD 1.5 billion in the Philippines
Tweet The Philippine Development Plan (2011-2016) has received a much-needed boost as the World Bank has injected US$ 1.5 billion in to it as loan assistance. Speaking Wednesday, the World…
