Banks in Europe, US Lay Off 59,000 Jobs in 2014

A total of 59,000 jobs in top European and US banks were axed in 2014, bringing the total job cuts to 160,000 across 24...

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...

Loyyal Broadens IP Portfolio With Latest South Korea Patent Award

Patent covers Blockchain-Based Incentive Program Technologies and establishes strong position for Loyalty industry applications Loyyal, the industry leader in bringing blockchain technologies to today's loyalty...

Ayala Corporation, SM Prime Lead Early Gainers at Philippine Stock Exchange

Ayala Corporation (PSE:AC), the holding company of the Ayala Group of Companies, was up 1.60 percent as of 10 a.m. today to trade at Php761.00...
ASEAN Finance Ministers

ASEAN Finance Ministers, Central Bank Governors To Meet in Cebu

MACTAN, Cebu - Finance ministers and central bank governors from the Association of Southeast Asian Nations (ASEAN) are meeting starting Monday, 03 April, in...
Justco

JustCo Launches JV in Indonesia

INDONESIA - JustCo has launched a joint venture in Indonesia with one of Asia’s largest business players, Gunung Sewu. This milestone comes barely two months...

Shares of Steve Leung Design Group Limited Commence Trading on The Main Board of...

Closes at HK$1.15 per Share on the First Trading Day; Surges 30% against the Offer Price HONG KONG - (ACN Newswire) - Shares of Steve Leung Design...
Mactan Cebu International Airport

Mactan Cebu International Airport Rolls Out Oplan Ligtas Biyahe – Undas 2017

MACTAN, Cebu - GMR Megawide Cebu Airport Corporation (GMCAC), the operator of the Mactan-Cebu International Airport (MCIA) aligns with the Mactan Cebu International Airport...

Petron Corporation (PSE:PCOR) Leads Blue Chips at Philippine Stock Exchange

PHILIPPINES - Petron Corporation (PSE:PCOR)'s stock gained 2.17% in today's trading session at the Philippine Stock Exchange (PSE) to become the biggest gainer among...
Jollibee

Jollibee Says Final Purchase Price for Smashburger Acquisition Hits USD100.251M

Further to its October 13, 2015 and October 27, 2015 disclosures, Jollibee Foods Corporation (“JFC”) disclosed today that, in accordance with the post-closing adjustment...
Singapore Airlines

Singapore Airlines Now Owns More Than 90% of Tiger Airways

Singapore’s flagship carrier, Singapore Airlines (SIA), has announced that it will take steps to delist Singapore-headquartered budget airline Tiger Airways as SIA now holds...
Philippine Stocks

Philippine Stocks Rise After Two Days of Retreat

Philippine stocks traded on the Philippine Stock Exchange climbed on Thursday's close, following two days of decline, with 26 of the 30 blue chip...

10 Asian Universities Join World’s Top 100 Universities by Reputation

Only 10 universities from Asia have made it to this year's Top 100 World Universities by Reputation published by the Times Higher Education. Universities from...
Cebu Business Month

Cebu Business Month Officially Opens

PHILIPPINES - The Cebu Business Month (CBM) 2017 has officially opened, with Information Technology - Business Process Management (IT-BPM) as one of this year’s major...

Metro Retail Stores Group Raises Php3.61 Billion in Philippine IPO

MANILA - Cebu-based retail company, Metro Retail Stores Group Inc (PSE:MRSGI) raised Php3.61 billion from its initial public offering (IPO) at the Philippine Stock...

Sterling Group Holdings Limited Commences Public Offering

Offering of 228,000,000 Shares through Public Offer and Placing Price Ranges from HK$0.40 to HK$0.44 per Share HONG KONG - (ACN Newswire) - Sterling Group Holdings Limited ("Sterling Group"...

Cebu Landmasters To Invest US$241 Million in 2017 Expansion

PHILIPPINES - Cebu Landmasters Inc (CLI), the top Cebu-based developer with the second highest market share of residential condominium units in Cebu, is projecting...
Asean

ASEAN Labor Leaders Optimistic on Implementation of Migrant Workers’ Rights Declaration

Labor officials of member states of the Association of Southeast Asian Nations (ASEAN) meeting in Davao City, the Philippines, are optimistic that the ASEAN...
AIIB meeting

Mumbai to Host AIIB Meeting in 2018

The third annual meeting of the China-led Asian Infrastructure Investment Bank (AIIB) in 2018 will be held in Mumbai, India. This was the decision of...

IMF Staff Proposes Inclusion of Chinese Yuan in SDR Basket

The staff experts at the International Monetary Fund (IMF) said the Chinese yuan or renminbi meets the requirements to be a freely usable currency...