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Singapore Exchange Welcomes Aspial Treasury’s Retail Bonds
The Singapore Exchange (SGX) has welcomed the listing of Aspial Treasury Pte Ltd.’s five-year retail bonds with a coupon rate of 5.25 percent per annum, payable half-yearly, on the Mainboard…
Nigeria’s Nicon Insurance Selling USD100 Million Worth of Assets
NIGERIA – Nicon Insurance, one of the top insurance firms in Nigeria, is reportedly selling N20 billion (USD100 million) worth of its assets in a move to meet the insurer’s…
Five Mountaineers Killed By Strong River Current in the Philippines
TARLAC, PHILIPPINES – A group of mountaineers who were trying to cross a river in sitio Baag in the village of San Pedro were instead swept by the strong current,…
APEC Delegates in Cebu Well-Secured
CEBU CITY, PHILIPPINES – A local police official here said the Asia-Pacific Economic Cooperation (APEC) meetings in Cebu have so far been peaceful and orderly with no reported cases of…
Cebu APEC 2015: APEC Members Urged To Promote Good Health And Sustain Economic Development
CEBU CITY – The Philippines through the Department of Health (DOH) called on member economies of the Asia Pacific Economic Cooperation (APEC) to promote good health in order to stimulate…
Philippine Airlines Posts USD20-Million 2014 Income, A First In Three years
Philippine flag carrier Philippine Airlines (PAL) announced a USD20-million total comprehensive income in 2014, the airline’s first positive income after a three-year losing streak. In a statement issued after its…
China’s Drone Maker Yuneec Gets USD60 Million Intel Investment
Intel Corporation has invested more than USD60 million into a Shanghai-based drone and aerospace firm Yuneec International, as other technology firms are exploring the actual commercial uses of drones. The…
Cebu APEC: 140 Delegates, Personnel Report Minor Medical Complaints
The Department of Health in Central Visayas (DOH 7) has recorded at least 140 various health cases involving delegates and field personnel of the Asia Pacific Economic Cooperation (APEC) meetings…
Visiting Thai Prime Minister Lays Wreath at Rizal Monument in Philippines
The Prime Minister of the Kingdom of Thailand on Friday paid his respects to Filipino national hero, Dr. Jose P. Rizal, by laying a wreath at his monument at the…
Cebu APEC: Philippines To Pursue Implementation of the Boracay Action Agenda
Senior Officials of the Department of Trade and Industry (DTI) will meet counterparts from Asia-Pacific Economic Cooperation (APEC) member economies at various meetings of the Third APEC Senior Officials Meeting…
CIMB’s Net Profit Falls 32.6 Percent in Q2
MALAYSIA – Kuala Lumpur-headquartered universal bank CIMB Group posted a 32.6 percent decline in net profit in the second quarter of this year to MYR639.75 million (USD152.6 million) from a…
McCann Names Jesse Lin as Vice Chairman of Asia Pacific
McCann Worldgroup China CEO Jesse Lin has been promoted to Vice Chairman of McCann Worldgroup Asia Pacific and Chairman of MRM/McCann APAC, the group said in a statement. Lin will…
Cox Employee Relief Fund Surpasses USD4m in Employee Grants
ATLANTA – More than 1,700 employees have received direct assistance from the Cox Employee Relief Fund (CERF) since it was established a decade ago. CERF was established by members of…
Verity Consulting Wins M&A Award by Acquisition International Two Years in a Row
Hong Kong-based corporate investigation consultancy firm Verity Consulting Ltd was named “Best Corporate Intelligence and Investigation Services – Hong Kong” and “Best in Fraud Prevention – Hong Kong” in the…
Teleperformance Wins Contact Center Service Provider of the Year Award
Teleperformance, one of the world’s top providers of outsourced customer experience management services, received its fourth consecutive Frost & Sullivan Asia Pacific Contact Center Service Provider of the Year Award.…
Cebu APEC Meeting: APEC Urged to Realize Auto Industry SMEs’ Integration Into Global Economy
The Philippines called on member economies of the Asia Pacific Economic Cooperation (APEC) to address constraints of micro, small, and medium enterprises (MSME) to fully participate in trade across the…
Online Fraud: Half of Financial Firms Prefer to Mitigate Rather than Prevent
Prevention is better than cure, even in cybersecurity. Kaspersky Lab says financial companies should focus more on preventing cyber threats rather than being prepared to mitigate its possible impact to…
Cebu APEC IP Meeting: Philippines To Become Innovation Hub
With its expanding businesses and young and talented people, the potential of the country to become a premier innovation hub was displayed in abundance as it hosted the 2nd 2015…
Philippine Congress Urged To Probe Random Balikbayan Box Check Policy
MANILA, PHILIPPINES – Despite the decision of the Bureau of Customs (BOC) to stop its policy on randomly inspecting balikbayan boxes sent home by overseas Filipino works (OFW), the Philippine…
Bureau of Customs Stops Random Check on Balikbayan Boxes
MANILA – Following the directive from President Benigno S. Aquino III, the Bureau of Customs (BOC) will no longer conduct random physical inspection on balikbayan boxes from overseas Filipino workers…