Archive for December 29th, 2016

Singapore’s Year of Misbehaving Moneymen Puts MAS on High Alert

29-Dec-2016 Intellasia | Bloomberg | 6:00 AM

The naughty list for Singapore financiers has rarely been so long. From the 1Malaysia Development Bhd.-linked scandal to a 333-count front-running case and the largest [...]
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Preserving a unique slice of Singapore’s rural life

29-Dec-2016 Intellasia | Straits Times | 6:00 AM

New coffee table book features Kranji countryside’s charm, history, farms and people Visitors to Singapore’s countryside are often charmed by its farms and nature [...]
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OMCs to open trading desks in Singapore

29-Dec-2016 Intellasia | Economictimes | 6:00 AM

State-run oil marketing companies Indian OilBSE 3.02 percent Corp, Bharat PetroleumBSE 2.16 percent Corp and Hindustan PetroleumBSE 2.53 percent Corp are setting up offices [...]
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Philippines says to achieve 6.7 pct growth target this year

29-Dec-2016 Intellasia | Abs-cbn | 6:00 AM

The Philippine economy is expected to achieve its 6.7 percent growth target for the year following strong growth in the first three quarters, presidential spokesperson [...]
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$120 million worth of meth seized in record-breaking Philippines’ drug raid

29-Dec-2016 Intellasia | CNN | 6:00 AM

Philippines authorities have made the biggest drug seizure in the country’s history, confiscating 2,000 pounds (890 kilograms) of methamphetamine worth $120 million in [...]
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YearEnder: Sound economic fundamentals help Philippine weather external shocks

29-Dec-2016 Intellasia | Philstar | 6:00 AM

The Philippines survived yet another bout of more pronounced external shocks brought about by the much anticipated interest rate hike in the US. Bangko Sentral ng Pilipinas [...]
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UBS sees lower Philippine GDP, weaker peso next year

UBS sees lower Philippine GDP, weaker peso next year

29-Dec-2016 Intellasia | Philstar | 6:00 AM

Swiss investment bank UBS sees the country’s economic expansion easing next year amid the expected slowdown in domestic demand. In its 2017 Economic Outlook for the [...]
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Philippines: Alleged militant leader nabbed in hospital

29-Dec-2016 Intellasia | AA | 6:00 AM

Philippine security forces have arrested a suspected sub-leader of a Daesh-linked group who is accused of involvement in the abduction of two Canadians who were beheaded [...]
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LTFRB orders Grab, Uber surge cap

29-Dec-2016 Intellasia | CNN Philippines | 6:00 AM

The Land Transport Franchising and Regulatory Board (LTFRB) imposed on Grab and Uber a cap on the surge fares, as per an order following its en banc hearing with the two [...]
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Philippines’ Customs finds box of stolen diamonds sent from Malaysia

29-Dec-2016 Intellasia | Philippine Daily Inquirer | 6:00 AM

The Bureau of Customs (BOC) on Monday said it had found 22 stolen diamonds when it opened a “balikbayan” (gift) box sent from Malaysia. In a press statement, BOC [...]
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Philippines seizes one tonne of meth worth $120M in nation’s biggest bust

Philippines seizes one tonne of meth worth $120M in nation’s biggest bust

29-Dec-2016 Intellasia | UPI | 6:00 AM

Nearly 1 tonne of methamphetamine with a street value of $120 million was seized in drug raids, which Philippines authorities announced Tuesday was the largest haul ever in [...]
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DOH: Zika cases in PH now at 52

29-Dec-2016 Intellasia | Rappler | 6:00 AM

This is a big jump from the 33 Zika cases announced by the Department of Health more than a month ago The number of Zika cases in the Philippines has reached 52, said [...]
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Duterte’s warning to corrupt Filipinos: ‘I threw a kidnapper out a helicopter before’

29-Dec-2016 Intellasia | Asian Correspondent | 6:00 AM

IN yet another public confession of a summary execution, Philippines President Rodrigo Duterte on Tuesday claimed he had once thrown a suspected kidnapper out of a helicopter [...]
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Philippine drug war nets 1 million people

29-Dec-2016 Intellasia | AAP | 6:00 AM

The Philippine National Police say a total of 1.049 million people have surrendered, been arrested or killed in President Rodrigo Duterte’s fight against illegal drugs. [...]
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Thailand continues to see record breaking visitor numbers as 32 millionth for 2016 arrives

29-Dec-2016 Intellasia | Travel Daily News | 6:00 AM

Thailand’s visitor numbers continue to break records with the 32 millionth visitor of 2016 arriving at Bangkok’s Suvarnabhumi Airport. Shelby Pastor from the USA [...]
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