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  • Manny Pacquiao is a hero, inside and outside the boxing ring

    MACAU/MANILA -- It was just like home, although Manny Pacquiao, 35, was hundreds of miles from the Philippines. Surrounded by compatriots, who flocked to Macau to watch his bout and proudly sang the national anthem, Pacquiao went on to win a unanimo

    July 3, 2014 12:00 am JST
  • Household workers follow an often hard, lonely path in Hong Kong

    HONG KONG -- On weekdays, the Central business district is aswarm with smartly dressed business professionals. On Sundays, however, the many offices and banks in this corner of Hong Kong close, and the sea of suits gives way to a different crowd --

    July 3, 2014 12:00 am JST
  • A cafe chain from Cebu sets an entrepreneurial example

    MANILA -- As an economy goes, so go local entrepreneurs. And small businesses in the Philippines are finding themselves in a sweet spot, surrounded by a growing middle class and bustling business process outsourcing sector. Steve Benitez's coffe

    July 3, 2014 12:00 am JST
  • Domestic dynamism at home gives Philippine companies a fillip abroad

    MANILA -- The Philippines is becoming a land of opportunity, but that does not mean the country's companies are confining themselves to the domestic market. Buoyed by the amped-up economy at home, conglomerates and other enterprises are expanding th

    July 3, 2014 12:00 am JST
  • Call-center clout dialing up prosperity

    MANILA -- Lingering optimism in the Philippine government is spilling over into the business sector, prompting plans for investment on a massive scale. And while the country's consumption-driven expansion remains healthy, new pillars of growth are s

    July 3, 2014 12:00 am JST
  • It's been a long 50 years, but change is finally coming

    For decades, the Philippines has seen some of the lowest per capita growth in Asia, coming last among Singapore, Malaysia, Indonesia and Thailand, its fellow founding members in the Association of Southeast Asian Nations. In the past two years,

    July 3, 2014 12:00 am JST
  • The drive of Filipino migrants is a big part of the country's recent success

    MANILA -- Glenn Escalera, a 32-year-old Filipino engineer, recalls standing on the deck of a massive freighter, sailing under a pitch-dark sky off the coast of Somalia in the Gulf of Aden. As the ship moved through the pirate-infested waters, he tho

    July 3, 2014 12:00 am JST
  • Singapore's Qian Hu hungry for more in ornamental fish market

    SINGAPORE -- A few days before the World Cup kicked off in Brazil, reporters and onlookers gathered around a fish tank in the northwest corner of Singapore. Inside the tank was a silver fish named Big Huat and three food containers labeled Brazil, C

    July 3, 2014 12:00 am JST
  • Southeast Asia's midnight feasters give businesses plenty to feed on

    SINGAPORE -- Restaurants and supermarkets in Southeast Asia are pushing into the late-night consumption market. Jollibee, a major Philippine fast food chain, has turned nearly 30% of its stores into around-the-clock shops. In Thailand, where a n

    July 3, 2014 12:00 am JST
  • Rising Philippines' domestic challenges

    MANILA -- The economic turnaround going on in the Philippines is impressing the world, and the country is receiving accolades that other emerging economies can only be jealous of, including: "One of Asia's newest bright spots," "Asia's rising star,"

    July 2, 2014 06:00 pm JST
  • Asia's other frontier in rising Philippines

    MANILA -- Myanmar is often considered Asia's last frontier, but there is another: the Philippines. Frequent political turmoil and military coups have hurt the nation's image, but its large population with advanced language skills offers enormous pot

    July 2, 2014 06:00 pm JST
  • What Asia's love of rhino horn means for global security

    If you ever want to buy a secondhand AK-47 and ammunition, it will set you back about $500 on the black market in northern Thailand. Short of cash? Try selling some rhinoceros horn. Just a 500-gram chunk of rhino horn, easily carried in a trouse

    July 2, 2014 01:00 pm JST
  • Metro Pacific Tollways takes control of Easytrip

    MANILA -- Transport infrastructure developer Metro Pacific Investments (MPIC) has acquired a controlling stake in Easytrip, an operator of electronic payment systems for tollways. According to an exchange notification on Tuesday, Metro Pacific T

    July 1, 2014 08:00 pm JST
  • Chinese investment fund aims to spread wealth, sustainability in Asean

    China sees its relationship with the 10-member Association of Southeast Asian Nations as strategically reciprocal. The recent proposal by President Xi Jinping to forge a regional grouping called the China-Asean Community of Common Destiny marks a ne

    June 30, 2014 06:00 pm JST
  • BDO buys thrift bank in expansion thrust

    MANILA -- BDO Unibank, the Philippines' largest lender in terms of assets, is buying a local thrift bank as part of its continuing efforts to beef up its network. In a stock exchange filing on Monday, BDO said it had entered into an agreement wi

    June 30, 2014 05:20 pm JST
  • Japanese hot-cold dessert to debut in Taiwan, Philippines

    HAMAMATSU, Japan -- Cornet will expand into the Philippines and Taiwan by next spring through franchise arrangements, marketing its frozen confections to middle-class and wealthy consumers. The Ice Cornet, the company's mainstay product, is a sp

    June 30, 2014 01:00 pm JST
  • Peace deal raises development hopes for Philippine island

    MANILA -- Mindanao, the second largest island of the Philippines located in the nation's south, is becoming known as the last frontier for development. Infrastructure improvements in Mindanao include investments by a Filipino conglomerate and th

    June 30, 2014 07:00 am JST
  • Philippines' EDC secures $90 million for wind farm

    MANILA -- The Philippines' Energy Development Corporation has secured a $90 million loan for a wind power project. In a stock exchange filing on Friday, EDC, as it is known here, said it signed a bridge financing facility with Australia & New Ze

    June 27, 2014 03:43 pm JST
  • JG Summit to spend $1B this year

    MANILA -- Philippine conglomerate JG Summit Holdings is looking to spend 44.2 billion pesos (around $1 billion) this year to drive the company's "double-digit" growth. The spending program is 23% more than the 35.9 billion pesos actually spent l

    June 26, 2014 07:05 pm JST
  • Indonesian convenience chain heading to the Philippines

    JAKARTA -- Sumber Alfaria Trijaya, a big Indonesian convenience store operator, plans to push into the Philippines. After its annual shareholder's meeting on Wednesday, President Anggara Prawira told reporters that Sumber Alfaria will open its f

    June 26, 2014 10:30 am JST