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  • September 19, 2014
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  1. Property - International - PHILIPPINES

    Philippine developer Ayala Land banks on demographic dividend

    Posted Sep 11th 2014, 06:01am by Bloomberg

    ... Bloomberg in Manila Philippines' biggest developer says people aged 25 to 34 now account for up to 30pc of buyers Ayala Land banking on demographic dividend Ayala Land, the Philippines' biggest builder, said annual profit may increase by as much as 20 per cent in the next decade as faster economic growth and rising incomes boost office, shop and housing demand. "More ...

    http://www.scmp.com/property/international/article/1589738/philippine-developer-ayala-land-banks-demographic-dividend
  2. News - Asia - PHILIPPINES

    Philippines markets, schools shut as heavy rain floods Manila

    Posted Sep 19th 2014, 10:07am by Philippines Associated Press in Manila

    ... spokeswoman Abigal Valte said that work in government offices in the capital and 15 other provinces has been suspended. The Philippine Stock Exchange suspended trading and some banks sent ...

    http://www.scmp.com/news/asia/article/1595872/philippines-markets-schools-shut-heavy-rain-floods-manila
  3. News - Asia - PHILIPPINES

    Philippine group protests against China's project on Spratly Islands

    Posted Jun 12th 2014, 03:54pm by AP

    ... The Spratlys are mostly barren islands, reefs and atolls that are believed to be atop oil and natural gas deposits. They also straddle one of the world's busiest sea lanes. Last month, ...

    http://www.scmp.com/news/asia/article/1530837/philippine-group-protests-chinese-reclamation-disputed-islands
  4. Property - International - PHILIPPINES

    Limits on Philippines property loans may be tightened further

    Posted May 08th 2013, 12:00am by BLOOM

    ... estate exposure to adjusted capital of banks," Philippines Central Bank governor Amando Tetangco said, but added that capital controls were not being considered at the moment. The Philippines has cut borrowing costs, banned foreign funds from special deposit accounts and eased rules for outflows, striving to manage an investment influx lured by economic growth exceeding 6 per ...

    http://www.scmp.com/property/international/article/1232384/limits-philippines-property-loans-may-be-tightened-further
  5. News - Asia - PHILIPPINES

    Philippines, US start annual war games focusing on threats in South China Sea

    Posted May 05th 2014, 06:11pm by Reuters

    ... disputes with China over the South China Sea, which is said to be rich in energy deposits and carries about US$5 billion in ship-borne trade every year. The Spratlys in the South China Sea are also ...

    http://www.scmp.com/news/asia/article/1505076/philippines-us-start-annual-war-games-focusing-threats-south-china-sea
  6. Property - International - PHILIPPINES

    Philippines weighs up property cooling measures

    Posted May 01st 2013, 12:00am by BLOOM

    ... in the economy." Bangko Sentral ng Pilipinas, which yesterday cut the rate on its special deposit accounts for a third time this year, is monitoring the property market after bank loans and investments ... The Philippine central bank is reviewing property loans data to determine whether cooling measures are needed to avert a bubble, Deputy Governor Nestor Espenilla said. "Our source ...

    http://www.scmp.com/property/international/article/1226905/philippines-weighs-property-cooling-measures
  7. News - Asia - PHILIPPINES

    Manila seals historic peace pact with Muslim rebel group Moro Islamic Liberation Front

    Posted Mar 27th 2014, 11:38pm by AFP

    ... a regional parliament and power to levy taxes, while revenue from the region's vast deposits of natural resources would be split with the national government. It would have a secular government, ...

    http://www.scmp.com/news/asia/article/1458715/manila-muslims-seal-historic-peace-pact
  8. News - Asia - PHILIPPINES

    Manila calls China action in disputed South China Sea an ‘urgent threat’

    Posted Mar 11th 2014, 06:16pm by Reuters

    ... on the rusting ship. The Philippines also occupies eight other features in the disputed Spratlys. The Second Thomas Shoal, a strategic gateway to Reed Bank, believed to be rich in oil and natural gas, ... consortium a licence to explore for gas on Reed Bank, but drilling stalled in 2012, because of the presence of Chinese ships. Manila says Reed Bank, about 80 nautical miles west of Palawan island ...

    http://www.scmp.com/news/asia/article/1446180/manila-calls-china-action-disputed-south-china-sea-urgent-threat
  9. News - Asia - PHILIPPINES

    Philippine troops rescue last hostages, kill 15 rebels

    Posted Sep 27th 2013, 09:52pm by Reuters

    ... into the poor but resource-rich south, which has untapped deposits of oil, gas and minerals. It has also raised questions about the government’s ability to handle such challenges to its authority. “I ... to normal with most offices, banks, shops and schools open. The airport and port were also back to work. ...

    http://www.scmp.com/news/asia/article/1319446/philippine-troops-rescue-last-hostages-kill-15-rebels
  10. News - Asia - PHILIPPINES

    If a super typhoon hit Manila, damage would be as bad or worse

    Posted Nov 13th 2013, 11:06pm by Alan Robles

    ... to nearby areas. Last year, Typhoon Saola caused yet another surge that again knocked down the seawall and deposited tonnes of rubbish and filth along the seaside Roxas Boulevard. The metropolis ... in the bay head." Even structures far from the surge would be damaged by a super storm's winds. Dave Lorito, a communications officer for an international bank, asked his architect what ...

    http://www.scmp.com/news/asia/article/1355407/if-super-typhoon-hit-manila-damage-would-be-bad-or-worse

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