PH seen to be ahead of regional peers

The Philippines may have been the hardest hit of all Southeast Asian countries by the recent volatility in financial markets. But rating firm Moody’s Investor Service expects the Philippines to weather the recent storm relatively well compared to its neighbors, as robust domestic demand counters the effects of weak demand for exports. A report released

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The World’s Most Affordable Places to Retire

It is possible to retire with nothing more Social Security benefits if you do so outside the U.S. In some of the most affordable, but still appealing, cities in the world, an expat can live on just $1,250 per month. Live and Invest Overseas, a publication and research firm specializing in overseas living, found six

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What is the ‘wow’ point in PH GDP report?

MANILA, Philippines – In the celebration that greeted the recent announcement of the first quarter GDP results, the performance of the manufacturing sector was particularly acclaimed. Manufacturing output, according to the official data, grew by 9.7 percent and accounted for nearly 23.5 percent of GDP in real terms for the first quarter. Within the industry

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PH property market seen to be hottest in Asia

The Philippine office sector is among the most dynamic in Asia and is growing at record levels, according to officials of CBRE Philippines. The commercial real estate services firm said Metro Manila was leading the country’s office market, with occupancy rates hitting 97 percent across Central Business Districts (CBDs) in the first quarter of 2013.

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Why foreigners are snapping up properties in PH

MANILA, Philippines – A growing number of foreign investors are snapping up residential properties in the Philippines, according to CBRE Philippines chairman Rick Santos. The reason for the increase in foreign buyers is due to the new laws imposed by Hong Kong and Singapore in order to curb speculation in their property markets. “New restrictive

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