Saudi Executes Filipino Worker for 2009 Murder
Saudi Arabia has executed a Filipino worker who was found guilty for the murder of his Sudanese landlord in 2009, the Philippine Department of Foreign Affairs (DFA) announced on Tuesday.…
Mustera Property Group (ASX:MPX) To Acquire 15 McCabe Street
AUSTRALIA – Mustera Property Group Ltd (ASX:MPX) announced that it has entered into an unconditional contract to acquire 15 McCabe Street, North Fremantle. In a statement to the Australian Securities…
China Bank, Employee Union Sign Off On New CBA
MANILA, PHILIPPINES – China Banking Corporation (China Bank) (PSE:CHIB) and China Banking Corporation Employees Association (CBCEA) have recently agreed on a new collective bargaining agreement (CBA) amounting to P511 million…
Australia’s Cogstate (ASX:CGS) Inks USD3.2m Deal for Alzheimer’s Disease Trial
MELBOURNE, AUSTRALIA – Cognitive science firm Cogstate (ASX:CGS) announced that it has signed a contract with a large international pharmaceutical company for the provision of scales management, rater training, centralised…
Allianz SE Buys 51% of PNB Life in the Philippines
PHILIPPINES – Allianz SE, a European financial services company that offers products and solutions in insurance and asset management, has purchased 51% of PNB Life Insurance, the Philippine National Bank…
Singapore in Top 10 of ‘Best Countries for Business’
Forbes has released its list of “Best Countries for Business” for 2015, with Singapore as the only Asian nation that makes it to the top 10. The top 10 best…
Philippine Outsourcing Industry Revenue Seen To Hit US$21bn
MANILA, PHILIPPINES – The business process outsourcing (BPO) industry in the Philippines continues to grow at a rapid pace, with experts forecasting the industry to generate revenues of over US$21…
Biscuit Manufacturer ‘Knocks Out’ Manny Pacquiao In Philippine Taxpayers’ List
A homegrown biscuit manufacturer has “knocked out” Manny Pacquiao to steal the championship belt as the top taxpayer in the Philippines, according to the Bureau of Internal Revenue (BIR). Based…
Shanghai Pudong Development Bank Becomes Clearing Member of OTC Clear
HONG KONG – OTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx) that was set up in 2013 to provide clearing services…
Phoenix Petroleum Raises Php2 Billion from Preferred Share Sale
Phoenix Petroleum Philippines, Inc. held a bell ringing ceremony at the Philippine Stock Exchange (PSE) on Friday to list its Series 3A and 3B preferred shares. The oil company was…
ArthaLand Buys Prime Cebu Property
CEBU CITY – Consistent with its leadership on the green real estate segment, ArthaLand recently acquired a prime property along Salinas Drive in Cebu City as it eyes the region’s…
Landsbankinn Signs EUR-Denominated Loan Facility With Nordic Investment Bank
Landsbankinn, an Icelandic bank headquartered in Reykjavík, and the Nordic Investment Bank (NIB) have signed a five-year loan agreement in the amount of EUR 30 million (USD 33 million), Landsbankinn…
Alibaba Acquires South China Morning Post, To Take Down Paywall
Chinese Internet giant Alibaba Group agreed to buy the media assets of the South China Morning Post (SCMP) Group, including its English language newspaper that has been considered as one…
Student Housing Specialist Xior Lists on Euronext Brussels
BRUSSELS – Student housing specialist Xior Student Housing (XIOR) has officially listed on Euronext Brussels, a report published on Euronext’s website said. With an issue price set at € 25,…
Bolsas Y Mercado Españoles Joins the Sustainable Stock Exchanges Initiative
MADRID, Spain – Bolsas Y Mercado Españoles (BME), the stock exchange of Spain, announced that it has partnered with the United Nations Sustainable Stock Exchanges (SSE) initiative to raise awareness…
Roxas Holdings Announces Senior Appointments
PHILIPPINES – Sugar group Roxas Holdings, Inc. (RHI; PSE:ROX) is taking on a new direction with the appointments of two key officers. RHI Chairman and Interim President & Chief Executive…
ServiceSource Announces Plans to Hire 100 Positions in New Philippine Center by Mid-2016
PHILIPPINES – ServiceSource® (NASDAQ:SREV), the San Francisco-based global leader in customer revenue growth and retention solutions, announced plans to fill approximately 100 new positions by mid-2016 based in the company’s…
Abbott Laboratories (NYSE:ABT) Upgraded to Buy from Hold
Abbott Laboratories (NYSE:ABT) received an upgrade by equity research analysts at Jefferies & Co Monday morning from Hold to Buy. Jefferies & Co also set a USD55.000 target price per…
Lazada Announces 3-Day Grand Christmas Sale
MANILA, PHILIPPINES – Lazada Philippines (www.lazada.com.ph), the country’s leading one-stop online shopping and selling destination will culminate its Online Revolution sale in a 3-day Grand Christmas Sale finale on December…
Bangladesh Moves to Become Outsourcing Hub
Bangladesh seeks to copy the success stories of the Philippines, Sri Lanka, and India when it comes to business process outsourcing (BPO) industry, with the goal of generating 200,000 BPO…