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...
Philippine Stock Exchange

Philippine Stock Exchange is Southeast Asia’s Best Stock Exchange in 2015

The Philippine Stock Exchange, Inc. (PSE) was named the Best Stock Exchange in Southeast Asia for 2015 in the Marquee Awards of the 9th...
BPO Philippines

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...

Alibaba Acquires South China Morning Post, To Take Down Paywall

Chinese Internet giant Alibaba Group agreed to buy the media assets of the South China Morning Post (SCMP) Group, including its English language newspaper...

GPIF, World’s Biggest Pension Fund, Loses USD64 Billion

Japan's Government Pension Investment Fund (GPIF), the world's biggest pension fund, just lost USD64 billion in the last quarter, its worst in comparable data...

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...
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...

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 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...

US President Obama, China’s Xi To Attend APEC Summit in the Philippines

Washington and Beijing have both confirmed the presence of US President Barack Obama and Chinese President Xi Jinping during the 2015 Asia Pacific Economic...

China To Resume IPOs

After suspending the public listings since early July, the China Securities Regulatory Commission has reportedly announced that it will resume initial public offerings. According to...

GMA Network Reports Almost 80 Percent Growth In Net Income

PHILIPPINES - GMA Network’s strong financial performance in the first semester continued into the third quarter of 2015 with both its airtime revenues and...
Philippine Stock Exchange San Miguel Corporation

Philippine Stocks Up While Most Asian Shares Decline

PHILIPPINES - Asian stocks moved in and out of the red in today's trading session due to a slowdown in China's manufacturing sector in...
Philippine Stocks

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...

Cloud To Generate 14 Million Jobs This Year

CLOUD EXPO ASIA, SINGAPORE – Cloud computing is forecast to generate about 14 million new jobs this year, offering tremendous opportunity for younger people...

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...

Southeast Asia Stocks Most Up; PSEi Up 0.35 Percent

PHILIPPINES - Most Southeast Asian stock markets rose on Thursday, after dropping in the previous close, while investors cautiously monitor the result of a...

Window Defect Prompts Toyota To Recall 6.5 Million Vehicles Globally

TOKYO - Japanese car manufacturer Toyota Motor Corporation (NYSE:TM, TYO:7203) announced on Wednesday that it was recalling 6.5 million vehicles globally due to window...

Cloud Expo Asia To Tackle New Cloud Solutions, Internet of Things

SINGAPORE – Cloud Expo Asia (CEA), the region’s leading cloud conference for business, will be making a return to Suntec Singapore on 28-29 October...

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...