Bloomberg The World Bank said the Philippines’ monetary policy stance is appropriate for now even as inflation is set to breach the central bank’s target this year. “Keeping the interest rate flat for now is presently the most appropriate response,” Birgit Hansl, a World Bank economist in Manila, said in an emailed response to questions last week. “If inflationary pressures …

Dubai / Emirates Business Azizi Developments, one of the leading private developers in the UAE, has announced that the Azizi Plaza Serviced Apartments will be delivered ahead of schedule in Q2 2018. Launched in October 2016, the AED 430mn Azizi Plaza will offer a total of 434 fully serviced and furnished apartments comprised of 286 studios, with 46 one-bedroom units …

Bloomberg Three of the world’s biggest oil companies called on Norway to help maintain funding for carbon capture and storage (CCS) technology that is stagnating amid concerns about whether it can ever be cost-effective. The chief executive officers of Royal Dutch Shell Plc, Total SA and Norway’s state-controlled Statoil ASA gathered on the sidelines of an energy conference in Oslo …