President Aquino Declares 2015 as ‘Visit the Philippines Year’

MANILA, PHILIPPINES – Philippine President Benigno S. Aquino III has signed Proclamation No. 991, declaring 2015 as ‘Visit the Philippines Year’, as the country...
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...

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...

Renminbi’s Popularity Now Discussed By 22% of World’s Corporate Boardrooms

The renminbi (RMB) has become a topic of debate in more than a fifth (22%) of company boardrooms around the world, just five years...

Seven Philippine Provinces Under Storm Warning as Typhoon Chedeng (Maysak) Closes In

The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) placed seven provinces in Luzon under public storm warning signal Number 1 as typhoon Chedeng,...

Top 10 Most Tourism-Ready Nations Named; Singapore Tops SE Asia

SINGAPORE - The World Economic Forum released the Travel & Tourism Competitiveness Report 2015, naming the top 10 most tourism-ready nations in the world,...

Global Takaful Sector to Reach USD20 Billion by 2017 – A.M. Best

The significant premium growth in the global takaful sector is expected to continue and reach USD 20 billion by 2017, with the majority of...

Malaysian Parliament Member, 5 Others, Killed in Helicopter Crash

MALAYSIA – Six people, including Rompin MP Jamaluddin Jarjis, were killed when the helicopter they boarded crashed in Semenyih, Kajang Saturday, Malaysia’s Home Ministry...

First Gen Corporation Leads Blue Chip Stocks at Philippine Stock Exchange

PHILIPPINES - First Gen Corporation (PSE:FGEN)'s stock rallied in today's trading session at the Philippine Stock Exchange to gain 4.08 percent, topping 20 other...
Philippine Stock Exchange

Philippine Stocks Gain on Friday After Two-Day APEC Holiday

Philippine stocks rallied on Friday after being closed for two days for holidays, gaining 1.57 percent, the most rise among developing shares, as the...

Global Insurers Assessing Nepal Earthquake Loss

NEPAL - Global insurers and reinsurers with presence in Nepal are sending their teams to assess the damages brought about by the massive earthquake...

Australia, Denmark Join China-Led Asian Infrastructure Investment Bank

Two United States allies have announced their decisions to join the China-led Asian Infrastructure Investment Bank (AIIB), beating the 31 March deadline set by...

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...

San Miguel Corporation (PSE:SMC)’ Stock Trades Higher on US$50-B Revenue Target

PHILIPPINES - News about San Miguel Corporation (SMC)'s announcement of a yearly consolidated revenues target to US$50 billion in the next five ears from...

Allianz is Lead Insurer of Germanwings Plane

Allianz SE, a German multinational financial services company that focuses on insurance, said it is ready to support Germanwings as fully and as quickly...

Typhoon Chedeng’s Movement Slows, Landfall in the Philippines Expected Sunday

Typhoon Chedeng, international name Maysak, may not make landfall on Saturday as the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa), said the movement...

Asian Nations to Hold High-Level Meeting to Discuss Transboundary Haze

MANILA - The Philippines will be attending a high-level meeting with Singapore, Indonesia, Malaysia, and Thailand in Singapore to discuss concerns on transboundary haze. The...

As Typhoon Maysak Enters Philippines, Sulu Vessel Sinking Kills 5

PHILIPPINES - An unregistered passenger vessel overloaded with cargo capsized in the waters off Pata and Tapul Island in the province of Sulu Thursday...
Cloud Expo Asia Hong Kong

Cloud Expo Asia Opens in Hong Kong

HONG KONG – Cloud Expo Europe/Asia and Data Centre World, the world’s leading industry technology event, opened its doors for the very first time...