Philippines
Outlook for Philippine remittance cloudy in 2012
DBS expects it to drop to 7% this year and to dip even further next year.
Outlook for Philippine remittance cloudy in 2012
DBS expects it to drop to 7% this year and to dip even further next year.
DBS joins forces with SingPost to add number of banking outlets to 140
Alliance offers greater banking convenience to customers of both companies.
Philippine food price pressures to materialize in October
It’s not far-fetched as 760,000 tonsof unhusked rice were damaged at the strong typhoon in late September.
Philippine export outlook still ‘murky’ for 2012
DBS sees downside risks to their 5.2% GDP growth forecast for 2012.
Fears abound as Philippine exports plummet 15.1% in August
And it seems like September’s export growth won’t be doing good as well.
Philippine exports may have risen 6.1% in August
As non-electronics exports continue to do well despite economic headwinds, jumping 30% in the first seven months of the year.
Philippine inflation reaches 4.8% in September
And a recent typhoon which damaged 760,000 tons of rough rice will put more pressure on inflation in the coming months.
Henkel appoints Monica Sun as president of Henkel Singapore
She will also take the role of Vice President of Adhesive Technologies for Southeast Asia.
Philippine exports down 1.7% in July
Even though electronic shipments plunged by 21.3%, all other aspects of exports have been doing well.
Outlook for Philippine exports cloudy: DBS
As the export number for July will likely register negative growth of 6.8%, marking the third consecutive month of contraction.
Philippine inflation to peak in Q3 2011
The country's headline inflation likely edged up to 4.7% in August.
Philippine GDP growth reached 3.4% in Q2 2011
Growth in the second half of the year will depend on private-public partnerships and foreign direct investments.
Philippine remittances suffer from currency strength
The Philippine Peso has strengthened by close to 6% against other currencies since early 2010.
Philippine exports plunged 10.2% in June
Electronics exports, which account for more than 50% of total exports, contracted 23.9%.
Keppel Shipyard inks S$146mn deals in 2 countries
The FPSO seals contracts in Brazil and the Philippines.
MAS loses almost S$11b
They blamed it on a strong exchange rate.
Philippine remittance hit by Saudi sackings
DBS says approximately 300,000 overseas Filipino workers will be affected by Saudi Arabia’s plans to limit its intake of foreign workers.
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