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April 23, 2017 4:00 PM Construction seen to fuel Phl growth

MANILA, Philippines - The construction industry is expected to continue playing an important part in the Philippines’ projected economic growth, especially as the country embarks on the “golden age” of infrastructure. Construction Industry Authority of the Philippines (CIAP) undersecretary Ruth Castelo said the industry is seen growing its share of total 4

April 21, 2017 10:02 AM Walmart CEO Doug McMillon Got a Solid Raise Last Year

Wal-Mart Stores' chief executive officer received a 13% increase in total compensation to $22.4 million in the fiscal year ended Jan. 31, according to a regulatory filing on Thursday, as sales growth at the world's largest retailer remained robust. CEO Doug McMillon's compensation, which included cash and stock, compared with $19.8 million the previous 5

April 21, 2017 4:30 AM French business frets ahead of an unpredictable election

Volatile campaigns, extreme candidates and undecided voters are all stoking fears For Geraldine Emerson, the stakes couldn’t be higher as her French compatriots take to the voting booths on Sunday. “As we’ve seen with Brexit and the election in the United States, everything is possible,” said Emerson, scion of a Loire Valley wine-making family in France 9

April 19, 2017 8:45 PM GOP stuck on defense

Iowa Sen. Joni Ernst, facing a bushel of angry voters at her town hall this week, described a president “that has a number of flaws.” The Iowa freshman went on to say that she does “support a majority of the policies versus the actual person.” Ernst even elaborated saying that she wished the president would stop his expensive weekend trips to his Florida 7

April 19, 2017 2:35 PM The Daily 202: A wake-up call for Republicans in Georgia, but Democrats remain unlikely to win the House in 2018

THE BIG IDEA: The results from Georgia’s special election should scare Republicans, but Democrats shouldn’t overread the results. With all the precincts reporting, Democratic candidate Jon Ossoff pulled 48.3 percent of the vote in the open House race to replace Health and Human Services Secretary Tom Price. He needed to break 50 percent in the jungle 5

April 19, 2017 1:10 PM PhilJets secures fund for helicopter

Filipino boutique aviation company PhilJets Group secured a financing assistance from Chailease Finance, a Taipei-based financial institution, to acquire a brand new Airbus H130 helicopter. PhilJets chief executive Thierry Tea said his company started to develop a fruitful partnership with Chailease Finance, “and their support enables our growth and the one of our partners 5

April 19, 2017 7:32 AM Brexit Bulletin: Does May’s Move Mean a Smoother Exit?

Theresa May’s preferred route to Brexit is still pretty hard, but holding a general election three years early means it may now be smoother. The British prime minister will on Wednesday clash with opposition Labour Party Leader Jeremy Corbyn at her weekly round of parliamentary questions and ask lawmakers to agree to bring forward the next general election 10

April 19, 2017 1:15 AM Trump targets visa program he says hurts American workers

KENOSHA, Wis. — Turning back to the economic populism that helped drive his election campaign, President Donald Trump signed an order Tuesday he said should help American workers whose jobs are threatened by skilled immigrants. At the headquarters of hand and power tool manufacturer Snap-on Inc., Trump signed an order that that asks the government to propose 4

April 18, 2017 5:35 PM Philippine economy to remain fastest growing in region – IMF

WASHINGTON – The International Monetary Fund (IMF) expects the Philippines to book the fastest economic growth in the region over the next two years amid the projected stronger global economic recovery. IMF resident representative Shanaka Jayanath Peiris said in an email that the multilateral fund expects the Philippines to book a gross domestic product 7

April 18, 2017 4:01 PM IMF keeps robust GDP forecast for PH

The International Monetary Fund (IMF) sees a higher Philippine gross domestic product (GDP) growth forecast next year of 6.9 percent while keeping its previous estimate of 6.8 percent for 2017 based on robust demand which should offset external upheavals. The Philippines which grew by 6.8 percent last year has the highest growth projections among ASEAN- 5