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Tokio Marine Expands Insurance Offerings in Vietnam
Tokio Marine Holdings intends to reinforce its presence in Vietnam with the addition of agricultural, auto and life insurance solutions. The company will be banking on Vietnam’s growing middle-class population,…
Commercial UAV Show to Discuss Latest Domestic Drones Policies
SINGAPORE – An official of the United States Federal Aviation Administration (FAA) is set to discuss the latest overview of policies for integrating domestic drones in airspace during the Commercial…
Grab Picks Adyen as Payment Solution Partner in SE Asia
SINGAPORE – Southeast Asia’s leading ride-hailing platform, Grab, has selected global payments technology firm Adyen to extend the capabilities of GrabPay platform in Indonesia, the Philippines, Thailand and Vietnam. Grab…
CIMIC To Divest Nextgen Group Investment
CIMIC Group (ASX:CIM) announced that it had reached an agreement to divest all of its investment in Nextgen Group to Ontario Teachers’ Pension Plan (Ontario Teachers’). Nextgen Group comprises the…
Megaworld Expands Hotel Business
PHILIPPINES – As part of its business strategy in strengthening its recurring income, Megaworld (PSE:MEG) is also expanding its hotel business with the launch of its third hotel brand this…
Australia’s MainstreamBPO (ASX:MAI) Acquires NY-Based Fundadministration
MainstreamBPO (ASX:MAI), one of the largest independent fund administrators in Australia, announced that has executed an agreement to acquire the New York-based privately held hedge fund administration business Fundadministration Inc.…
ABM Resources (ASX:ABU) Appoints Matt Briggs as Managing Director
AUSTRALIA – ABM Resources NL (ASX:ABU), an exploration company developing several gold discoveries in the Central Desert region of the Northern Territory of Australia, has appointed Matt Briggs as its…
Bangkok Gems and Jewelry Fair To Push Through in September
Thailand’s Department of International Trade Promotions has confirmed that the 58th Bangkok Gems and Jewelry Fair will push through from September 7 to 11 at Challenger Hall I-3, Muang Thong…
200 Exhibitors Joining Cambodia International Machinery Industry Fair
CAMBODIA – The 2016 Cambodia Int’l Machinery Industry Fair (CIMIF) and Cambodia Int’l Textile & Garment Industry Exhibition (CTG) are set to run simultaneously on August 26-29 at Diamond Island…
OS+H Asia Presents Enhanced Focus on Safety, Security, Work Health
SINGAPORE – The Occupational Safety + Health Exhibition (OS+H) Asia returns for its 10th edition at Suntec Singapore from 24 to 26 August 2016, presenting an enhanced focus on safety,…
INAGRITECH 2016 Opens in Jakarta This Week
INDONESIA – About 250 exhibitors and 15,000 trade visitors from 15 countries have signed up to attend the 4th Indonesia International Agricultural Machinery, Technology & Services Exhibition (INAGRITECH) that will…
Ongpin Offers Php20-billion Philweb Shares to Build Drug Rehab Centers
PHILIPPINES – A day after the Philippine government has rejected an offer from businessman Roberto Ongpin to donate 49% of his shares in Philweb to the Philippine Amusement and Gaming…
Westpac Denies BBSW Allegations
Westpac Banking Corporation has denied allegations in a US class action relating to trading in bank bill swap rates (BBSW), the bank said in a disclosure. “Westpac denies the allegation…
Austal Wins First Ferry Contract in New Chinese JV
AUSTRALIA – Austal Limited (Austal) (ASX:ASB) is pleased to announce the award of the first ferry contract to Aulong Shipbuilding, a joint venture company by Austal and Guandong Jianglong Shipbuilding…
Church Leader Tells Mass Goers Not To Play Pokemon Go
PHILIPPINES – Cebu Archbishop Jose Palma has urged Catholics to avoid playing the popular game Pokemon Go during masses and instead focus their full attention to the holy ceremony. Palma…
Megaworld Launches 6th Residential Tower in Iloilo Business Park
PHILIPPINES – Megaworld, the country’s largest developer of integrated urban townships, is launching its sixth residential tower in the 72-hectare Iloilo Business Park township in Mandurriao, Iloilo City. To be…
Ed Hyde is New Spark Ventures CEO
Communications service provider Spark New Zealand (ASX:SPK) has announced the appointment of Ed Hyde as the new CEO for Spark Ventures and a member of the Spark Leadership Team. Hyde…
Win Wind Capital Acquires Smart Jump for USD167m
Investment holding firm Win Wind Capital Limited has agreed to acquire Smart Jump Corporation, a company incorporated in the Republic of Marshall Islands and a wholly owned subsidiary of Freeman…
Philippines: Insurance Commission to Develop New Mortality Table for Life Sector
Recognizing the need to have an updated mortality table, Insurance Commissioner Emmanuel F. Dooc officially announced the conduct of the 2016 Philippine Intercompany Mortality Study. “The Insurance Commission, in coordination…
DMCI Power Builds New Plant in Palawan
Off-grid energy company DMCI Power Corporation is building a 2×4.95MW bunker-fired power plant in Aborlan, Palawan to stabilize electricity supply in the franchise area of Palawan Electric Cooperative, Inc. (PALECO).…