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"We are in talks for cooperation regarding
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Datum: 11 October, 2018 04:41

MANILA Adam Gotsis Jersey , Sept. 26 (Xinhua) -- The Asian Development Bank (ADcool smiley predicted Tuesday the Philippine economy to grow 6.5 percent this year as robust domestic demand, including higher public investments in infrastructure and the government's socioeconomic agenda-push growth higher.


In an updated Asian Development Outlook (ADO) 2017, the Manila-based bank said infrastructure, social programs and tax reforms that the government will implement will help fuel the country's economy.


ADB said the Philippine gross domestic product (GDP) is expected to rise from the 6.4 percent in April forecast to 6.5 percent. GDP growth in 2018 will accelerate to 6.7 percent through increased public investment and household consumption.


"The concerted effort by the Philippine government to improve public project implementation is bearing fruit, as public investment programs help drive continued economic expansion Paxton Lynch Jersey ," said Richard Bolt, ADB country director for the Philippines.


"A strong focus on infrastructure investment and implementation of tax reform will see the country continue its growth momentum through 2018," he added.


The Philippine economy expanded by 6.4 percent in the first half of 2017.




TOKYO, Sept. 28 (Xinhua) -- Tokyo stocks opened higher Thursdaytracking gains on Wall Street overnight and the U.S. dollar's riseafter U.S. President Donald Trump proposed cutting corporate tax to20 percent in a U.S. tax overhaul.


As of 9:15 a.m. local time, the 225-issue Nikkei Stock Averageadded 102.60 points Case Keenum Jersey , or 0.51 percent, from Wednesday to20,369.65.


The broader Topix index of all First Section issues on the TokyoStock Exchange, meanwhile, gained 6.51 points Justin Simmons Jersey , or 0.39 percent, to1,670.94.


Insurance, metal product and bank-linked issues gained the mostin the opening minutes after the morning bell. Enditem

Alibaba founder and chairman Jack Ma listens to a reporters' question during his news conference at a hotel in Seoul, South Korea Jake Butt Jersey , May 19, 2015.

The founder of Alibaba Group Holdings Ltd on Tuesday called "regrettable" a lawsuit by a group of luxury goods firms owned by Kering SA accusing the Chinese e-commerce giant of being a conduit for counterfeiters.


Executive Chairman Jack Ma was speaking after Gucci, Yves Saint Laurent and other brands owned by Kering sued Alibaba in the United States on Friday, accusing it of knowingly making it possible for counterfeiters to sell their products throughout the world.


"I think it is regrettable that that company sued us. It would have been better had they tried to find a solution through cooperation with us," he told reporters in Seoul.


Ma also said Alibaba was interested in investing in U.S. tech companies Chad Kelly Jersey , confirming media reports that the e-commerce firm is in talks with Apple Inc over an electronic payments system.


"We are in talks for cooperation regarding a payment system. Both companies want a variety of ways to cooperate, but for now we are working on our first project," Ma said.


Apple Chief Executive Tim Cook was quoted by China's Xinhua News Agency earlier this week as saying Apple had been in talks with Alibaba to launch Apple Pay in China.

Anticipating the welcome of a bouncing newborn boy is an amazing time for the mom and dad-to-be, the extended family, and their friends. Baby showers are endless merriment – and a lot of work. Picking the perfect baby shower invitation to greet a baby boy may supply ideas for the color layout and the subject matter for your whole event.

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