(Bloomberg) -- The Philippines overtook Vietnam and Malaysia to become Southeast Asia’s fastest-growing economy last year, with expansion driven by consumption, services and investment. Gross domestic product expanded 5.6%, surpassing the median 5.5% growth seen in a Bloomberg survey of economists. The economy grew at a similar pace from a year ago in the final quarter of the year, while...
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7 Powerful Lessons from "Goodbye, Things: The New Japanese Minimalism" by Fumio Sasaki: 1. Happiness Comes from Within, Not Possessions: The book argues that the pursuit of material possessions often leads to stress, anxiety, and a sense of emptiness. True happiness comes from cultivating meaningful relationships, pursuing passions, and living in alignment with your values. 2. Decl...
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10 Lessons from "The Earned Life: Lose Regret, Choose Fulfillment" by Marshall Goldsmith: 1. Regret is a thief of joy: Don't let the past haunt your present. Acknowledge your regrets, learn from them, but don't dwell on them. Choose to focus on creating a future filled with fulfillment instead. 2. Live with intention, not obligation: Break free from autopilot mode. Identify...
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The banking worries in the US this week were triggered by: New York Community Bancorp cutting its dividend on higher capital rules and commercial strain A Japanese bank reporting unexpected losses on US commercial real estate Deutsche Bank highlighting losses on US commercial real estate Despite all the economic data this week, it was those headlines that left US 10-year yields 14 b...
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The $1.8-billion acquisition of Coca-Cola Beverages Philippines Inc. (CCBPI) by Aboitiz Equity Ventures Inc. (AEV) and Coca-Cola Europacific Partners Plc (CCEP) takes a further step towards completion after getting the green light from the Philippine Competition Commission (PCC). In a disclosure to the Philippine Stock Exchange (PSE), AEV said they have received the PCC certificate of approval...
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The property market in Phuket is deemed the leading destination for luxury real estate development and investment in 2023, reported The Phuket News, citing data from Colliers International. Phattharachai Thaweewong, the director of research and communications at Colliers International Thailand, revealed that the emergence of luxury villas and condominiums in the Bang Tao area on the...
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