China Launches Drive Against Underground Banks

BEIJING (PNA/Xinhua) -- Chinese police have launched a nationwide campaign against underground banks to maintain order in the financial and capital market, the police...

Asian Development Bank Approves $10m Tourism Grant for Tajikistan

The Manila-headquartered Asian Development Bank (ADB) has approved a $10-million grant to help develop tourism in Tajikistan, according to an announcement. The project is ADB’s...

Philippine Stocks Higher At Close of Trade; PSEi Composite Up 0.76 Percent

PHILIPPINES - Philippine stocks were higher after the close on Wednesday Services, Property, and Holding Firms sectors led shares higher at the Philippine Stock...

29 Indonesian businesses win SME100 Awards as ‘Fast Moving Companies 2019’

The prestigious award for small and medium enterprises, the SME100 Awards, recognized 29 Indonesian SMEs honored as 'Fast Growing Businesses 2019' in a ceremony...

Singapore’s Far East Orchard Buys 2 UK Student Dorms for $85m

Singapore-listed Far East Orchard Limited has acquired two freehold student accommodation properties in the United Kingdom for approximately S$115.7 million ($85 million), according to...

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...

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...

Twitter Extends In-Stream Video Ads and Sponsorships to Include K-Pop Content Worldwide

- Inserting pre-roll video ad before premium video content such as K-Pop artists, variety show, Twitter Blueroom - Providing marketing opportunities for brands targeting young,...

Sun Life to Acquire Majority Stake in InfraRed Capital Partners

Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced that it intends to acquire a majority stake in InfraRed Capital Partners ("InfraRed"), a...

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...

Asia Offers Most Attractive Investment Opportunities for Emerging Market PE

The large majority (70-80%) of Asia-Pacific and North American LPs believe their private equity portfolios need modifying to prepare them for the next economic...

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,...

Singaporean Startup Electrify Raises $30m in Token Sale

Electrify, Singapore’s first retail electricity marketplace, has raised US$30 million in funding from institutional and individual investors via its token sale, according to a...

Played by over 60-million people worldwide, Voltage Inc.’s Romance Apps series is coming to...

TOKYO - (ACN Newswire) - Voltage Inc. will be collaborating with the Anime Expo Butler Cafe and selling original merchandise at Anime Expo 2018...

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...
Space Cycle

Space Cycle Raises $16M Led by Alibaba Taiwan Entrepreneurs Fund

Space Cycle, the leading premium boutique fitness and active lifestyle brand, announced today that it has closed a RMB100 million ($16 million) Series B...

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...
Southeast Asia

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...

Dusit International Continues Philippines Expansion with New Hotels in Mactan and Davao

                  Thailand-based global hospitality company on course to become one of the largest international hotel operators in the Philippines by 2021 BANGKOK - (ACN Newswire) - Dusit International, one...

Lufthansa Technik Philippines Breaks Ground on New Hangar

Lufthansa Technik Philippines (LTP), the country’s leading provider of maintenance, repair, and overhaul (MRO) services, officially announced the construction of its latest hangar at...