How Changing Housing Needs Influence Singapore Property Choices
Housing needs rarely stay the same throughout a person’s life. A home that works well for a young professional may not provide the same advantages…
China economy better but vital consumer demand still feeble
Workers at SMC, a Japanese pneumatic engineering company, assemble products at a factory in Beijing on Wednesday, May 13, 2020. Foreign invested enterprises in China are stepping up the resumption…
Expat Filipinos’ dollar remittances still up ahead of COVID-19 outbreak
Dollar remittances of expatriate Filipinos continued to rise in February just as the COVID-19 pandemic was starting to spread around the world, data from the central bank showed, though it…
SM Prime’s Q1 profit down 5% on COVID19 disruption
SM Prime prexy Jeffrey Lim and chair Henry Sy Jr. Property giant SM Prime Holdings posted P8.3 billion in first quarter net profit, down by 5 percent year-on-year, as coronavirus-related…
LTG’s Q1 profit up 41%, led by tobacco business
LUCIO Tan Tycoon Lucio Tan-led LT Group Inc. grew net profit in the first quarter by 41 percent year-on-year to P6.21 billion, driven mostly by tobacco price increases. Earnings from…
‘Balik Probinsya’ to address lack of opportunities in countryside
Joand Bondoc/Inquirer MANILA, Philippines–The Duterte administration will attempt to reverse the continuing migration of the rural population to Metro Manila in a bid to decongest the nation’s capital, the epicenter…
Asian shares mixed as stocks meander on pandemic worries
TOKYO — Asian shares were mixed Friday as markets meandered on news about economies reopening, mixed with worries about the prolonged health risks from the new coronavirus. A currency trader…
Another late reversal upends Wall Street, this time higher
Wall Street rallied back from a sharp morning drop on Thursday, led by a resurgence for some of the year’s most beaten-down stocks. A man wearing face mask walks past…
Facing a future of empty seats, Cebu Pacific forced to scuttle big plans
Budget airline Cebu Pacific is slashing spending this year by over 50 percent as the new coronavirus disease (COVID-19) pandemic forces a review of its long-term expansion plans. Operator Cebu…
PSEi manages to squeak out gain from sluggish trade
The local stock barometer gained on selective buying of large-cap stocks on Thursday but trading volume was thin against the backdrop of sluggish US and regional markets. With the government’s…
Corporate income tax cut to 25% by July pushed
The Philippines’ corporate income tax rate—Asean’s (Association of Southeast Asian Nations) highest at 30 percent—can slide to 25 percent during a one-time, big-time reduction planned in July if Congress will…