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Bangko Sentral closes rural bank in Pangasinan
PANGASINAN, Philippines – The number of banks ordered closed by the Bangko Sentral ng Pilipinas (BSP) has reached a dozen this year after it closed a rural bank in Pangasinan and placed it under the...
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Shuttle buses to ferry passengers to NAIA terminals
MANILA, Philippines – With major roads closed this week for the Asia Pacific Economic Cooperation (APEC) Summit in Manila, passengers with flights at the Ninoy Aquino International Airport (NAIA) will...
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INFOGRAPHIC: A preview of the 21 APEC member economies
MANILA, Philippines – Leaders of the 21 member economies of the Asia-Pacific Economic Cooperation (APEC) gather in Manila for the APEC Economic Leaders' Meeting on November 18 and 19.Established in...
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Alibaba’s Jack Ma offers to mentor Filipina engineer
MANILA, Philippines – The Filipina engineer said, “let there be light” – and there was light. Engineer Aisa Mijeno, 31, developed the Sustainable Alternative Lighting (SALt) lamp, an alternative source...
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Is Trans-Pacific Partnership friendly to small businesses?
MANILA, Philippines – For New Zealand Prime Minister John Key, the Asia-Pacific Economic Cooperation (APEC) region should instead look into the potentials of the Trans-Pacific Partnership (TPP) than...
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IN PHOTOS: MSMEs showcased at APEC's Int'l Media Center
MANILA, Philippines – A 1959 Porsche convertible made of rattan; gold earrings dating back to the 10th century; and wooden clutches made by the indigenous Wayuu of Colombia.Those are some of the...
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PH seeks to expand economic cooperation with New Zealand
MANILA, Philippines – The Philippines wants to expand economic cooperation with New Zealand in various areas, including infrastructure and public-private partnership projects (PPPs), Malacañang said on...
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How Filipina engineer shared spotlight with Obama, Jack Ma
MANILA, Philippines – Like other commuters, 31-year-old entrepreneur Aisa Mijeno was forced to walk after several roads in Metro Manila were closed for the Asia-Pacific Economic Cooperation (APEC)...
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APEC 2015: Summit ends with looming trade deal competition
MANILA, Philippines – At the conclusion of a key regional meeting in this city, Asia-Pacific Economic Cooperation (APEC) leaders reiterated that the region should pursue an APEC-wide free trade...
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APEC leaders: Intensify efforts for MSMEs, embrace digital economy
MANILA, Philippines – The 21 Asia-Pacific Economic Cooperation (APEC) member-economies called for more intensive efforts to help micro, small, and medium enterprises (MSMEs) penetrate global value...
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PH gets P93-B Japan loan for Tutuban-Malolos railway project
MANILA, Philippines – Japan on Friday, November 20, announced that it is lending the Philippines P93.46-billion ($1.99 billion) for a 36.7-kilometer railway connecting Tutuban, Manila, and Malolos,...
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APEC 2015: Services taking over trade in Asia
MANILA, Philippines – The leaders of the Asia-Pacific Economic Cooperation (APEC) signed off on a deal that reflects the reality that the future of trade in Asia will be less about cargo ships and...
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IMF to APEC leaders: Trade growth a disappointment
MANILA, Philippines – Trade growth in the Asia Pacific-Economic Cooperation (APEC) region has slowed down a lot in the past few years, and the solution to this is for all economic leaders to work...
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Telstra-San Miguel possible deal has limited impact on telco industry
MANILA, Philippines – Should the joint venture between Australia's largest telecommunications company Telstra Corporation Limited and local conglomerate San Miguel Corporation push through, it will...
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ATM card skimmers strike at upscale mall in Makati
MANILA, Philippines – (UPDATED) As the Philippines ramps up Christmas celebrations, two women were victims of an automated teller machine (ATM) card skimming scam in an upscale mall in Metro Manila...
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Josette Sheeran on the 'APEC divide' from both extremes
MANILA, Philippines – Global mega-events that bring together the world’s elite are guaranteed to generate strong opinions that highlight the divide between the powerful and the downtrodden.This is...
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Builder Datem defers IPO plan
MANILA, Philippines – Builder Datem Incorporated has deferred its planned P4.66-billion ($99.23 million) initial public offering (IPO), the terms for which could be changed."Please be advised that...
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ADB, Japan to pour $16B for infra in Asia and the Pacific
MANILA, Philippines — The Asian Development Bank (ADB) and the Government of Japan on Saturday, November 21 announced a $16-billion partnership over the next 5 years to help fund public and private...
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PH 'father of semiconductors' shows APEC what innovation can do
MANILA, Philippines – One of the words most often heard at this week’s APEC Summit was innovation. World leaders and trade ministers used it liberally, promising that it would lead to all kinds of good...
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Gov’t debt payments rise by 7.06% so far this year
MANILA, Philippines – The government's debt payments in the first 3 quarters of this year rose by 7.06% from 2014 levels as of end-September.The government’s spent a total of P459.55 billion ($9.781...
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