Economy

Why the Philippines is the Best Place to Set-up your Business

Just last year, the Oxford Business Group joined a news conference and made this statement. “It was unthinkable seven years ago, but the Philippines is the best economy in Southeast Asia today. Investors no longer ask why but where and what sectors they should invest in,” Oxford Business Group (OBG) Managing Editor, Paulius Kuncinas, said.…

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New repayment scheme in Singapore to help borrowers pay off unsecured debts

A new repayment scheme that aims to help over-indebted customers repay unsecured loans from facilities like credit cards, personal loans and overdrafts will be launched next Monday (Jan 23). Under the new scheme, a customer can consolidate all his/her unsecured credit balances across the 14 banks with just one institution. This means that the bank…

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China’s Best Interest Does Not Include Obsessing over GDP

China’s leadership has always seen gross domestic product (GDP) numbers as the most important indicator of their ability of govern; thus their whole apparatus does whatever it can, in terms of policies, to make sure a politically acceptable growth rate is achieved. With a persistent slowdown, the government has to adjust its target to a…

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