Globe Telecom Reports 15% Rise in 2015 Revenues
Philippine telecommunications company Globe Telecom Inc announced that its full-year consolidated service revenue in 2015 reached Php113.7 billion (US$2.38 billion), 15 percent higher than...
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...
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...
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...
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...
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...
Asia Pacific M&As Hit US$1 Trillion for the First Time
For the first time, mergers and acquisitions (M&As) in the Asia-Pacific region touched the US$1-trillion mark, which Chinese deals taking up the bulk of...
Emperador (PSE:EMP) Buys Fundador for US$291 Million
Grupo Emperador Spain S.A., a company owned by Emperador Inc. (PSE:EMP) of the Philippines, has reached a definitive agreement with Beam Suntory Inc. to...
Russia Looks to India Amidst China’s Economic Slump
The sanctions that were laid down by the U.S. and the EU regarding Russia's oil and gas sector gave Russia no choice but to...
BDO Unibank Seals Deal With Japan’s FIDEA
MANILA - Philippine listed bank BDO Unibank Inc (PSE:BDO) and Japanese financial institution FIDEA Holdings (FIDEA Group) further strengthened their business relationship through a...
Datem Postpones Php4.6 Billion Philippine IPO
PHILIPPINES - Local construction firm Datem Inc. has deferred its upcoming initial public offering (IPO) to a later date, the company said in a...
Philippine Stock Exchange Approves Three More IPOs for 2015
The Philippine Stock Exchange, Inc. (PSE) has recently approved the initial public offering (IPO) applications of real estate developer Italpinas Development Corporation, and construction...
UBS Group Adds Senior Bankers in Asia
In a move that has not been seen since the global financial crisis, Swiss bank UBS Group has finally added senior management bankers...
PLDT Partners with US Fan App Developer Hopscotch
Philippine Long Distance Telephone Company has entered into a partnership with US-based fan app developer, Hopscotch, to market and exclusively distribute Hopscotch’s mobile solutions...
This Week’s Top 10 Philippine Stocks
Philippine stocks further dipped on Friday's close on the continued global weakness and the impending US Fed rate hike. The Philippine Stock Exchange...
Japan’s NTT Communications, PLDT to Provide Data Center Services in the Philippines
MANILA, Philippines - NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group of Japan, one of the...
San Miguel Corporation (PSE:SMC) Posts Better Results in Three Quarters
PHILIPPINES - San Miguel Corporation (PSE:SMC)'s consolidated operating income grew 23 percent to Php58.1 billion in the first nine months of the year on...
Vista Land (PSE:VLL) Acquires Starmalls for Php30 Billion
PHILIPPINES - Vista Land & Lifescapes Inc (PSE:VLL) signed an agreement to acquire approximately 88.25 percent of the of the outstanding common capital stock...
Over 11,000 Delegates Attend Cloud Expo Asia, Data Centre World 2015 in Singapore
SUNTEC, SINGAPORE – Cloud Expo Asia and Data Centre World 2015 held on to its reputation as Asia’s leading technology event for industry visionaries...
IMS Becomes First Agency in Cambodia to Win a MarCom Award
CAMBODIA - IMS Consulting Group has become the first advertising agency in Cambodia to scoop an international MarCom Award with the agency having seven...
