Philippines

Greece will this week ask for improved financial bids from shortlisted investors seeking to buy a majority stake in its second-largest port, two officials said on Tuesday.

Philippine's President Rodrigo Duterte has accused the EU of hypocrisy and called its officials "sons of bitches."

Previously, the European Parliament passed a resolution calling for restraint and a rethink in his war on drugs.

Thirty years ago most of Southeast Asia was run by thuggish dictatorships. Then the Philippines showed the rest of the world how to get rid of dictators without violence, and its non-violent example was watched and copied around the world. But now the thugs are coming back to where it all started.

Four foreign investors are expected to bid for a majority stake in Greece's Thessaloniki Port (OLTH) on Friday, the offer deadline, the port's top executive said on Wednesday.

Four bids are expected to be tabled this week for the 67 percent stake in Thessaloniki Port Authority, Kathimerini understands.

The deadline of the tender - which has been going on since the summer of 2014 - is this Friday at 7 p.m. and the binding bids will be tabled at Morgan Stanley in London.

Turkish home appliances maker Arçelik is working on acquisitions to speed up its international expansion, particularly in Asia, its chief executive said on March 20.

Philippine President Rodrigo Duterte has described European lawmakers as "crazies" in a salty-tongued rebuttal to criticism of his deadly drug war, while vowing again that all traffickers will be killed.

The third international ArtAnkara Contemporary Art Fair is set to be held between March 16 and 19 at the ATO Congresium Congress and Exhibition Hall in Turkey's capital Ankara, featuring artworks by 600 artists from around the world. 

The fair, covering an area of 10,000 square meters, will showcase the newest works of Turkish and international contemporary art to visitors. 

The interest of the world's third biggest container shipping company in a 67 percent stake in Thessaloniki Port Authority (OLTH) has created fresh momentum in the project.

French firm CMA CGM has agreed to take part in a consortium that will bid for the stake through its Terminal Link subsidiary.

Bulgarian resort Sunny beach again is the cheapest tourist destination in the world, shows the international travel portal Hoppa. It compares prices for a night in a hotel room, alcohol, coffee and other components in popular resorts worldwide.