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...
San Miguel Corporation Posts Robust H1 Results
San Miguel Corporation (PSE:SMC) registered a solid performance in the first six months of the year, on the back of sustained growth of its...
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...
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...
Yellow Cab Pizza To Open Stores in M. East
Yellow Cab Pizza is set to open stores in Egypt and Jordan as its owner, Max’s Group, Inc. (MGI), continues to aggressively expand its international...
Korea’s Woori Bank Acquires Philippines’ Wealth Development Bank
South Korea's second-biggest bank by assets, Woori Bank, has announced receiving final approval to take over Philippine-based bank, Wealth Development Bank.
In a statement, the...
Company Shares of Aboitiz Power Corporation (PSE:AP) Up In Early Trading
PHILIPPINES - Aboitiz Power Corporation (PSE:AP)'s stock inched higher in the opening hour at the Philippine Stock Exchange (PSE) on news that it has...
USD12.2bn Marriott-Starwood Deal To Create World’s Largest Hotel Chain
The world will soon see the largest hotel chain ever after Marriott International Inc announced that it will acquire Starwood Hotels & Resorts Worldwide,...
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...
Western Areas, Mantra Lead ASX’s Top Gainers
Stocks of Western Areas Ltd (ASX:WSA), one of Australia's top nickel producer, and Mantra Group Ltd (ASX:MTR), an accommodation operator in Australia, New Zealand...
Russia’s Rosatom, Cambodia Sign Nuclear Energy Deal
Russia’s Rosatom State Atomic Energy Corporation and National Council for Sustainable Development of the Kingdom of Cambodia signed two documents - Memorandum on Nuclear...
This Week’s Top 10 Gainers At the Philippine Stock Exchange
This week at the Philippine Stock Exchange, gainers outnumbered losers, 151 to 60, while 26 stocks remained unchanged as the local stock market continues to...
Aboitiz Power’s Stock Gains on Indonesia Acquisition Report
Aboitiz Power Corporation (PSE:AP)'s stocks inched up on Monday's trading session on news that it has acquired a participating interest in a 110-megawatt geothermal...
Hotel Lotte’s IPO To Be S. Korea’s Largest
The initial public offering (IPO) of Lotte Group’s hotel unit, Hotel Lotte, is expected to be the largest-ever IPO in South Korea.
The retail giant’s...
Philippine Stock Exchange To Hold Regular Trading During APEC Meetings
MANILA - The Philippine Stock Exchange, Inc. (PSE) and the Securities Clearing Corporation of the Philippines will have regular trading, clearing and settlement on...
Philippine Stocks Higher At Close of Trade; PSEi up 1.63 Percent
PHILIPPINES - Philippine stocks were higher after the close on Monday, with the Philippine Stock Exchange Index (PSEi) gaining 1.63 percent and all of...
Seven West Media Seeks to Acquire Perth Now, The Sunday Times
Seven West Media, an ASX-listed media company and Australia's largest diversified media business, confirmed that it is in negotiations to acquire Perth Now and...
Malaysia Warns of War in Southern Philippines if Peace Process Cancelled
Malaysian Defense Minister Datuk Seri Hishammuddin Hussein warned that war could break out in Southern Philippines if the on-going peace process will not be...
This Week’s Top 10 Stocks on the Philippine Stock Exchange
PHILIPPINES - A total of 25 stocks traded on the Philippine Stock Exchange (PSE) managed to post double-digit gains this week, outperforming the Philippine...
Chinese Investors Eye Southeast Asia As Next Destination
Southeast Asia is now the top investment destination for a number of large Chinese corporations over the next three years, following a record-breaking first quarter...
