– Asian Terminals, Inc. (ATI), DP World’s strategic partner in the Philippines, has won a 25-year extension to operate and develop Manila South Harbour until 2063. The company signed the renewed concession with the Philippine Ports Authority. The new term

– Southeast Asian governments face a $264 billion annual shortfall in infrastructure funding, according to a new Asian Development Bank report. The region needs a total of $7.1 trillion in infrastructure investment through 2040, or about $476 billion a year.

– Former Finance Minister Dr Mohammed Amin Adam has questioned the Ghanaian government’s ability to raise US$10 billion for its New Economy programme. Speaking for the Minority in Parliament on Tuesday, November 10, he demanded a detailed financing plan before

– Samsung Electronics’ cash assets are estimated to have hit a record 214.8 trillion won ($157.5 billion) at the end of the third quarter, industry data showed on Sunday. That makes the chip giant the first Korean company to cross

– World food commodity prices eased in October as cheaper cereals, dairy and meat outweighed a fourth straight monthly rise in sugar, the Food and Agriculture Organization of the United Nations said on Friday. Its Food Price Index averaged 133.9

– Egypt’s foreign reserves climbed by $151.6 million in October to a new record of $57.5 billion, the Central Bank of Egypt (CBE) said. Net international reserves reached $57.4998 billion at the end of the month, up from $57.3482 billion