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BTIM Australia Appoints Michael Bargholz as CEO
Australian global fund manager BT Investment Management Limited (ASX:BTT) has appointed Michael Bargholz to the role of Chief Executive Officer, BTIM (Australia) and a member of BTIM’s Global Executive Committee.…
Compumedics Sign $3M Neuro-Diagnostics Contract in China
Australia-listed Compumedics Limited (ASX:CMP) announced that it has secured a new three-year contract with long-term Chinese distributor Bestmed for the distribution of its neuro-diagnostic and monitoring systems in China. Compumedics,…
Mitsubishi Corp Joins Residential Development Project in Vietnam
Mitsubishi Corporation (MC) has announced that it will become a partner in a residential development project underway in Hanoi, Vietnam. The project is being developed by Bitexco Group of Companies…
Philippine Insurance Commission to Strictly Implement Policyholders’ Bill of Rights
The Insurance Commission (IC) is ratcheting up its effort in advancing the protection of the insuring public as one of the regulator’s key initiatives. Following the adoption of IC Circular…
Chinese National Caught With 4 Kilos of Drugs At Cebu Airport
MACTAN, Cebu, Philippines – A female Chinese national that arrived from Hong Kong was arrested at the Mactan-Cebu International Airport (MCIA) Wednesday morning for carrying 11 packs of suspected metamphetamine…
IMF Trims World Growth Forecasts Anew
The International Monetary Fund cut its forecasts for global economic growth this year and next as the unexpected U.K. vote to leave the European Union creates a wave of uncertainty…
The Ritz-Carlton Tees Up Second Resort in China
The Ritz-Carlton Hotel Company has teed up a second resort hotel on China’s only tropical island of Hainan, signing a management agreement with Hainan Golden Tide Tourism Development Co., Ltd.…
PSEi Exceeds 8,000-Point Level
The Philippine Stock Exchange index (PSEi) surpassed the 8,000-point level on Friday, July 15 to post its highest close for the year at 8,030.06, up by 73.92 points or 0.9…
Splash (PSE:SPH) to Delist from Philippine Stock Exchange
Splash Corporation (PSE:PSH), a personal care and food company in the Philippines, has filed a petition for voluntary delisting of all its shares traded at the Philippine Stock Exchange (PSE).…
Teleserve Is Now Boomsourcing
Multi-channel outsourcing firm Teleserve has unveiled its new name and brand – Boomsourcing. The new name reflects what the company does, which is to help businesses go boom, Boomsourcing said.…
Vietnam’s Insurance Industry Investment up 500%
Vietnam’s insurance sector posted one of the highest growth rates in a decade as total investment capital from the sector to the national economy increased sharply by 500 percent in…
Australia’s Yojee Partners With Thailand’s Nation Multimedia Group
Australia’s tech firm Yojee Limited (ASX: YOJ) said it has entered into a collaborative partnership with Thailand’s largest media company, Nation Multimedia Group (NML) with the signing of a memorandum…
Australia: Cedar Woods (ASX:CWP) Acquires Glenside Land
Cedar Woods Properties Ltd (ASX:CWP) has acquired a 16.5 hectare site in Glenside, Adelaide for $25.8 million plus tax, the company said in a disclosure to the Australian Securities Exchange…
Downer (ASX:DOW) Wins City Rail Link Contract in NZ
Downer EDI Limited (Downer; ASX:DOW) announced today that the Downer-Soletanche Bachy joint venture had been awarded one of the first construction contracts for the City Rail Link project, an underground…
Philippines Wins Arbitration Case Vs. China
“The Tribunal concluded that there was no legal basis for China to claim historic rights to resources within the sea areas falling within the ‘nine-dash line.’” the statement said. More…
DXF Expands Into Australian Market
Ding Sheng Xin Finance Co Ld (ASX:DXF), the ASX-listed parent company of the DXF Group, has informed the Australian Securities Exchange its intention to expand its operations into the Australian…
Analytica Receives FDA OTC Clearance for PeriCoach
Analytica Ltd (ASX:ALT) announced that the US Food and Drug Administration (FDA) has granted the company over-the-counter (OTC) clearance for the PeriCoach system, previously available in the US by prescription…
‘Geeks on a Beach’ Goes to Panglao Island, Bohol
Geeks on a Beach (GOAB), an international tech and startup conference, will return for the fourth year in the scenic island of Panglao in Bohol this August 25-26. This year’s…
SM Prime’s P10B Retail Bonds Priced at 4.2005%
SM Prime Holdings, Inc. (SM Prime; PSE:SMPH) has set the interest rate for its Peso-denominated Series F, 10-year retail bonds at 4.2005% per annum. SM Prime will issue an aggregate…
Chinese Insurers Told To Strengthen Disclosure
The China Insurance Regulatory Commission (CIRC), China’s industry regulator, has ordered insurance firms in the country to strengthen disclosure on transactions. In a notice posted on its website, the CIRC…