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Miss Earth Philippines 2015 To Be Crowned Tonight
MANILA, PHILIPPINES – Thirty-eight Filipina beauties will vie for the crown of Miss Earth-Philippines 2015 at the coronation night set today. Among the early favorites are Police Inspector Sofia Deliu…
Philippine President Aquino Sets Four-Day Japan Visit
MANILA, PHILIPPINES – The Philippine government has confirmed that President Benigno S. Aquino III will embark on a four-day state visit to Japan from June 2 to 5 next week…
Philippine Government Announces New Appointments
MANILA, PHILIPPINES – The Philippine government announced new appointments of President Benigno Aquino III to various diplomatic and government posts. The new appointess are: Hon. Amable R. Aguiluz V –…
Malaysia Inflation Up in April
MALAYSIA – A report released by Bank Negara Malaysia, the country’s central bank, showed that headline inflation, as measured by the annual percentage change in Consumer Price Index (CPI), increased…
Philippine Business Confidence Up for Second Quarter
MANILA, PHILIPPINES – Overall business confidence in the Philippines for the second quarter soared to 49.2 percent, up from the 45.2 percent posted in the previous quarter, the Bangko Sentral…
US Economy Contracts As India Surges In First Quarter
The US government has reported that the country’s economy contracted by 0.7 percent annually in the first quarter of this year, lower than the estimated 0.2% growth pace. The contraction…
Malaysia’s Headline Inflation Up in April
MALAYSIA – A report released by Bank Negara Malaysia, the country’s central bank, showed that headline inflation, as measured by the annual percentage change in Consumer Price Index (CPI), increased…
Technology Aggravates Global Insurance Fraud – Bank Negara Malaysia
MALAYSIA – Bank Negara Malaysia (BNM) deputy governor Datuk Muhammad Ibrahim said advancement in technology has, to some extent, aggravated the magnitude of insurance fraud around the world. Bernama has…
Philippine Stock Exchange Acquires New Office For USD18m
MANILA, PHILIPPINES – The Philippine Stock Exchange, Inc (PSE) is expected to move to its new office in the latter part of 2016 after purchasing office units in Bonifacio Global…
Philippines to Import Rice As El Niño Damages Rice Fields
MANILA, PHILIPPINES – The Philippine government is set to import rice from neighboring Asian countries to augment the country’s buffer stock in preparation for the lean season and the effects…
Meralco Gets Approval to Roll Out Prepaid Electricity Billing
MANILA, PHILIPPINES – Electricity consumers in the Philippine capital will soon have control over their power bills as the Manila Electric Co (Meralco) is set to implement its prepaid electricity…
Asia-Pacific To Drive World Insurance Growth By 2020
Despite the region’s low insurance penetration, Asia-Pacific is poised to become a dominant player of the world insurance growth by 2020, with insurance premium income forecast to double during that…
Hong Kong to Suspend Peak Tram Service for One Day
HONG KONG – Hong Kong’s Peak Tramways Company Ltd has announced the temporary suspension of service of the Peak Tram for one day on June 1, 2015, HongKongTravelNews.com has reported.…
Number of Firms Investing in Southeast Asia Set To Surge – UOB
SINGAPORE – The United Overseas Bank (UOB), a major banking organization headquartered in Singapore, predicts a growth in the number of firms investing in Southeast Asia, Channel News Asia reported.…
Philippine NBI Implements Online Clearance Application
MANILA, PHILIPPINES – The National Bureau of Investigation (NBI) has officially launched its online registration, appointment and e-Payment system that seeks to ease the process of securing clearance. Previously, those…
18 Garment Workers Killed in Cambodia Road Crash
CAMBODIA – A speeding bus collided with van loaded with garment workers in Svay Rieng Tuesday morning, killing at least 18 garment workers and injuring 20 others, authorities said. The…
El Gamma Penumbra To Meet Philippine President
MANILA, PHILIPPINES – Asia’s Got Talent champion El Gamma Penumbra is set to personally meet Philippine President Benigno Aquino III during a scheduled courtesy call on Tuesday, the group’s manager…
Gucci, Yves Saint Laurent Sue Alibaba Over Counterfeit Goods
NEW YORK – Global luxury brands Gucci, Yves Saint Laurent and other brands owned by Paris-based Kering SA have filed a lawsuit in Manhattan federal court against Alibaba Group Holding,…
IATA and UNECE Ink Trade Facilitation Agreement
GENEVA – The International Air Transport Association (IATA) and the United Nations Economic Commission for Europe (UNECE) signed a Memorandum of Understanding (MoU) to strengthen their support to developing countries…
Southwest Airlines Announces New Domestic, International Service
US-based Southwest Airline Co, the world’s largest low-cos carrier, is adding new domestic and international service in the next several months. Carrier extends flight schedule systemwide through early January 2016…