Bloomberg The Philippines plans to amend its Constitution next year to help ease restrictions on foreign investment, Finance Secretary Carlos Dominguez said. Dominguez informed Japanese investors in a recent forum in Tokyo that the government is also reviewing its so-called Foreign Investment Negative List to increase foreign ownership limits in the areas of construction and other sectors, the Finance Department ...

Bloomberg Ride-booking operators and drivers, such as those from Uber Technologies Inc., will need licenses to offer their services in the Australian state of Queensland under new regulations announced in Brisbane. The eligibility tests for drivers and booking entities will be the same for all those offering personalised transport, Mark Bailey, Queensland’s minister for main roads, road safety and ports, ...

Bloomberg Three Indian cities offer the highest yields for prime office space as a shortage of supply allows owners to push up rents, according to Knight Frank LLP. Technology hub Bengaluru earned the highest yield at 10 percent, followed by New Delhi and Mumbai at 9.2 percent and 8.5 percent respectively, according to ‘Global Cities: The 2018 Report,’ released Thursday. ...