finance
- FinanceBloomberg
Broad Support for Duterte Drug War in Philippines, Pew Finds
More than three-quarters of Filipinos support President Rodrigo Duterte’s drug war, despite thousands of deaths and international condemnation over alleged rights abuses, a Pew Research Center poll has found. Some 78 percent of Filipinos approve of Duterte’s handling of the illegal drugs issue, with
- FinanceBloomberg
Singapore Ranks First as Launchpad for Global Cyber Attacks
A person claiming to speak for activist hacker group Anonymous is seen in a video on November 1, 2013. Singapore has overtaken nations including the U.S., Russia and China as the country launching the most cyber attacks globally, according to Israeli data security firm Check Point Software Technologies
- FinanceBloomberg
Singapore Press Holdings Said to Consider Job Cuts in Reorganisation Plan
Singapore Press Holdings Ltd., which started a review of its media business last year, is considering job cuts amid a reorganization, according to people familiar with the matter. The city’s dominant newspaper publisher, like many of its peers in the industry, is grappling with digital disruption that
- FinanceBloomberg
Philippines Decision Guide: Lone Rate Hike Candidate in Region
A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila. With Indonesia and Vietnam cutting interest rates in the past two months and Thailand fending off pressure to do the same, the Philippines is emerging as the region’s lone candidate for
- NewsMoneyMax.ph
6 Best Credit Cards for Twenty-Somethings
There comes a point in every twenty-something’s life when they feel the need for having a credit card. Maybe it’s for charging expenses of an upcoming business trip or for the convenience of transacting online. Getting the credit card being offered with pre-approval at a kiosk in a […] The post 6 Best
- FinanceBloomberg
Singapore's Lee Cements China Ties With Pre-Party Congress Visit
Singapore’s Prime Minister Lee Hsien Loong, left, and China’s Premier Li Keqiang walk together during a welcome ceremony at the Great Hall of the People in Beijing, Tuesday, Sept. 19, 2017. Singaporean Prime Minister Lee Hsien Loong’s visit to China this week signals efforts on both sides to reaffirm
- FinanceBloomberg
Singapore Press Holdings' Market Value Falls Behind New York Times
Singapore’s leading newspaper publisher had a market capitalization that was larger than that of The New York Times Co. — until this month. Singapore Press Holdings Ltd. saw its market value fall below that of its better known U.S. peer for the first time in 12 years, with outstanding shares at S$4.1
- FinanceBloomberg
Philippines Needs More Than 50 Billion Pesos to Rebuild Marawi
Philippine President Rodrigo Duterte said 50 billion pesos ($975 million) will not be enough to rebuild the southern city of Marawi, citing massive damage caused by the conflict between government troops and Islamic State-linked militants that’s been running for almost four months. In a Saturday night
- FinanceBloomberg
Price War Heats Up in Singapore With Singtel Unlimited Data Plan
Singapore’s biggest phone company has jumped into the fray for unlimited mobile data. Customers of three plans under Singapore Telecommunications Ltd. now have the option of signing up for unlimited local data for a monthly fee of S$39.90 ($30). The company known as Singtel is following smaller rivals
- FinanceBloomberg
UBS Shuns Singapore, Hong Kong Housing Market on Policy Risks
The threat of government curbs to tame prices makes Singapore and Hong Kong residential property unattractive, the regional head of UBS Group AG’s real-estate investment arm said. “We have no exposure in the Singapore residential market and we are very comfortable not having any exposure,” Graham Mackie
- NewsMoneyMax.ph
The New Apple iPhone 8 And iPhone X Are Expensive, But Gorgeous
The unveiling of Apple’s latest offerings took place at the Steve Jobs Theater in Apple Park, California. The crowd of thousands joined everyone watching across the world as the tech giant’s new flagship phones graced the stage: The Apple iPhone 8 and iPhone X. […] The post The New Apple iPhone 8 And
- FinanceBloomberg
Grounded Jets, In-Flight Food Drive Philippine Stock's 400% Gain
Grounded planes are helping a Philippine stock fly. Behind the five-fold increase in MacroAsia Corp. shares this year is a venture’s expanded jet service and maintenance business. The company is the top performer among the 274 equities listed on the Philippine Stock Exchange, with its market value
- FinanceBloomberg
Formula One CEO Carey Says Goal Is to Extend Race in Singapore
Formula One sees Singapore as an anchor venue and wants to extend the world’s most popular motorcar-racing series there beyond this year. Negotiations are on with organizers in the city to “continue to bring this great sport to Asia and Singapore,” Formula One Chief Executive Officer Chase Carey said
- FinanceBloomberg
Why New iPhone Releases Are Getting Boring: Leonid Bershidsky
There are objective reasons why some of Apple’s new smartphones, to be unveiled on Tuesday, will sell for more than $1,000. The iPhones, including the top-of-the line X model — the 10th anniversary edition — will have some cutting-edge components, which are expensive and rare. It’s getting increasingly
- FinanceBloomberg
Philippine Markets Shut as Waist-High Storm Waters Flood Capital
Philippine financial markets were closed on Tuesday along with government offices and schools as heavy overnight rains flooded parts of the capital Manila and nearby provinces. Currency, stocks and bonds trading were suspended after the office of President Rodrigo Duterte halted work in government offices
- NewsMoneyMax.ph
How To Make The Most Out Of Book Fairs
This coming Wednesday marks the return of the Manila International Book Fair to the halls of the SM Convention Center. If you’ve never been to a book fair, but love books, then here’s your chance to check it out. Book fairs usually contain more than […] The post How To Make The Most Out Of Book Fairs
- FinanceBloomberg
Terror Fight, Rebuilding Marawi to Cost Philippines $1.1 Billion
Rebuilding the besieged Philippine city of Marawi could cost about 56 billion pesos (US$1.1 billion), according to Defense Secretary Delfin Lorenzana. “There’s a need to rebuild the infrastructure, provide social assistance to those traumatized by the war, restock armed forces ammunition and replenish
- FinanceBloomberg
Singapore Faces a Grim Labour Future as Population Ages Rapidly
While Japan had the biggest slump in its workforce in Asia over the last 10 years, Singapore has the most to fear from an aging population over the next two decades. The city state will face a double whammy: a shrinking workforce and slower progress than Asian neighbors in getting more people into the
- FinanceBloomberg
Fall of Singapore Would Be Beginning of the End for Uber: Gadfly
Of all the setbacks during World War II, the one that British Prime Minister Winston Churchill could never really get over was the fall of Singapore. Seventy-five years later, Dara Khosrowshahi shouldn’t even want to contemplate the costs of surrendering the city’s ride-hailing market — for that might
- NewsMoneyMax.ph
Top Filipino Rags to Riches Stories
The rags to riches trope is something that gets explored often in fiction. The thing is, as much as life can imitate art, there are some things that just do not happen without putting effort, time, and dedication into the endeavor. Filipino rags to riches […] The post Top Filipino Rags to Riches Stories
- FinanceBloomberg
Asia's Taxi Companies Give Banks Real Competition: Adam Minter
In Southeast Asia, mobile banking is taking on a whole new meaning. Last week, Grab, one of the region’s top ride-hailing companies, announced that users of its app can start sending credits — used to pay for rides — to each other. If all goes well, Grab will one day be known as an e-payment platform
- FinanceBloomberg
Tech-Loving Singaporeans Still Prefer to Pay in Cold, Hard Cash
In tech-savvy Singapore, where almost everyone has a smartphone, nine out of 10 people still prefer to pay for everyday transactions the old-fashioned way – with cash.
- FinanceBloomberg
Ultimate Fighting Championship Has an Upstart Asian Challenger
Chatri Sityodtong was nine years old when his father took him to Bangkok’s Lumpinee Stadium for a Thai-boxing fight. The fascination for rapid, hard-hitting martial arts never left him. The Muay Thai-mad boy grew into Asia’s foremost promoter of mixed martial arts.
- FinanceBloomberg
Billionaire Hui Becomes Asia's Second-Richest on Evergrande Rise
A $9 billion surge in the past seven days has made Chinese property tycoon Hui Ka Yan Asia’s second-richest person. Hui, chairman of China Evergrande Group, has added more wealth than any person on the Bloomberg Billionaires Index this year, a 360.6 percent rise that’s added $26.7 billion to his fortune
- FinanceBloomberg
Singapore's home sales surge even as foreign demand subdued
After years of declines, Singapore’s home sales are on a roll, even as purchases by foreign buyers have remained muted.
