Asia Pacific HNWI falls in 2008: Merrill Lynch

Asia Must Promote Employment, Support Those Without Decent Jobs, ADB ...

By: chnarendra

Creating the conditions for good jobs and, more importantly, social protection programs for those unable to find decent work is an urgent priority for governments in Asia and the Pacific, Asian Development Bank (ADB) Vice-President Ursula Schaefer-Preuss told a conference in Ha Noi, Viet Nam, today. Speaking at the conclusion of a three-day ...

about 1 month ago

If stocks drop, corporate bonds may feel the heat

By: BiodunIginla

Monday, October 5, 2009 Fri Oct 2, 2009 3:20pm EDT John Parry, Judith Stein, and Biodun Iginla for the BBC - Analysis NEW YORK - If U.S. stocks were to enter another bear market amid fears of a second recession, this year's spectacular corporate bond market rally is in danger of reversing. Yield-seeking

about 1 month ago

IFC urges Philippines to improve business climate

By: edlopez

The International Finance Corporation (IFC) has urged the Philippine government to further improve its competitive position and business climate in the country.“Important reforms are ongoing in many areas in the Philippines such as in Metro Manila and other cities, in national legislation, the judiciary, and several national agencies,...

about 1 month ago

Asia to lead economic rebalancing: IMF

By: intellectual

SINGAPORE: The head of the International Monetary Fund is calling on Asia to play a leading role in guiding the global economy to a new, more sustainable path for growth. "This is not only appropriate, given Asia's economic weight in the world, but also necessary, since Asia is such an important part of the solution," IMF Managing Director ...

10 days ago