Asia-Pacific Private Equity Deals Hit All-Time High in 2014

A report released by global management consulting firm Bain & Company showed that private equity (PE) deals signed in the Asia-Pacific region reached USD81...

Germanwings Had No Idea Co-Pilot Andreas Lubitz Was Unfit For Work

Had Germanwings learned that co-pilot Andreas Lubitz was classified by doctors as unfit for work, the deliberate move to crash the Airbus A320 plane,...

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...

Oracle to Expand in Asia, to Hire 1,000 Sales Staff

American multinational computer technology corporation Oracle Corp is expanding its sales team in the Asia Pacific region with plans to hire 1,000 new sales...

US Renews Assurance to Defend Philippines

MANILA, PHILIPPINES - US Ambassador to the Philippines Philip Goldberg has reiterated the US government's assurance that it will continue to stand "together, shoulder-to-shoulder"...

Philippine Flights Cancelled as Typhoon Chedeng (Maysak) Closes In

Philippine Airlines and Cebu Pacific Air announced cancellations of flights due to weather disturbance brought about by Typhoon Chedeng (international name Maysak), the Department...
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...

India To Overtake China as World’s Fastest-Growing Economy This Year

The Asian Development Bank (ADB) said the current reforms being implemented in India will propel the country’s economy to 7.8 percent in 2015 and...

China Warns Chinese Nationals in South Africa’s Anti-Foreigner Attacks Zone

BEIJING, CHINA - The Chinese government has warned Chinese nationals situated in South Africa's anti-foreigner attack zones to be on alert for their safety. All...

Bangladesh Storm Kills 24; Death Toll Expected to Rise

DHAKA, BANGLADESH - At least 24 people have been confirmed dead while dozens more are injured as a severe storm continues to sweep across...

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...

Japan Denies Announcing Plans to Join AIIB

Japan's Chief Cabinet Secretary Yoshihide Suga has denied reports that Japan is joining the China-led Asian Infrastructure Investment Bank (AIIB) as reported by major...

Cebu APEC IP Meeting: Philippines To Become Innovation Hub

With its expanding businesses and young and talented people, the potential of the country to become a premier innovation hub was displayed in abundance...

Supertyphoon ‘Maysak’ To Enter Philippines Wednesday Night; Could Be Stronger Than Yolanda

Supertyphoon Chedeng, international name Maysak, has maintained its strength as it heads towards the Philippines for the first major typhoon of the 2015 summer...

Islamic Insurance Leaders to Meet in Dubai for World Takaful Conference

DUBAI – About 400 key players and stake holders in the global Islamic insurance industry, also called the takaful industry, will be meeting in...
Philippine Stocks

Philippine Stocks Continue Gains in Today’s Session; PSEi Up 1.34 Percent

Philippine stocks continue their winning streaks as the Philippine Stock Exchange Index (PSEi) gained 1.34 percent and All Shares ended 0.50 percent higher in...

Moody’s Says Asia-Pacific Economies More Immune to External Shocks

HONG KONG – Global rating agency Moody’s Investors Service said most countries in the Asia-Pacific region have a relatively high degree of immunity to...

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...

Life insurers in Taiwan among most exposed to interest rate risk

Life insurers in Taiwan have been considered as among the most exposed to interest rate risk in the world, joining the ranks of life...

Singapore’s Changi Airport To Reduce Fees for Passengers and Airlines

SINGAPORE - Changi Airport Group (CAG) announced that it will implement several reductions and rebates to aeronautical fees at Singapore Changi Airport, one of...