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Monthly Archives: November 2017

Regulations a key to unlock benefits of digital economy—PIDS

Digital economy is beneficial but it has to be regulated.

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1st Airbus A380 to exit service, awaits new owner or scrapyard

The first Airbus SE superjumbo to exit service will be stored minus its engines at a French airfield as its owner seeks a new operator for a plane that while still relatively young in industry terms has fallen out of favor with airlines.

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Government-Facebook tie up to become 3rd telco

By Luis Leoncio The government is poised to become the third major player in the local telecommunications industry once its newly launched broadband infrastructure, which would help improve Internet speed and accessibility in the country, becomes operational by 2019.

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Asean vows to speed up RCEP agreement

By Riza Lozada President Duterte stressed the need to immediately complete the setting up of the Regional Comprehensive Economic Partnership (RCEP) to sustain the region’s new found role as the primary global growth engine.

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Improved Asean needed for new age, says report

Member states of the Association of Southeast Asian Nations (Asean) need to improve their collaboration to successfully deal with the profound challenges of the Fourth Industrial Revolution, a new joint report launched today by the World Economic Forum and the Asian Development Bank (ADB) said.

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Asean stability needed to hit $60-B infra target

The Association of Southeast Asian Nations (Asean) should establish macroeconomic and political stability to meet an estimated $60 billion a year to address the region’s infrastructure needs, a senior official of the Asian Development Bank (ADB) said.

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DoF chief: Strong Q3 growth meets inclusivity

By Luis Leoncio The targeted inclusive growth rate is now a reality for the Philippines after the 6.9 expansion in the gross domestic product in the third quarter as the Duterte administration further ramps up spending on infrastructure and human capital development to supercharge the economy and move closer to financial inclusion, Finance Secretary Carlos Dominguez III said.

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AirAsia urges creation of Asean aviation agency

Airasia Berhad CEO Anthony Francis Fernandes urged member-countries of the Association of Southeast Asian Nations (Asean) to create a single Asean Aviation Authority to facilitate the integration and efficient management of their respective air carriers.

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PAL plans new US flights to reverse losses

Philippine Airlines (PAL) is planning to operate new non-stop, ultra-long haul routes to and from the United States maniland over the next two years while expecting a net loss by end of 2017 due to high fuel prices.

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New Zealand, Philippines firm up bilateral ties

Three New Zealand government agencies signed memoranda of understanding (MOU) with two of their Philippine counterparts and with Philippine Airlines to firm up bilateral cooperation in tourism, energy resources and weather services.

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