Corporate News: Ayala sets sights on Southeast Asian market

AYALA Corp. is ramping up the regional expansion of its real estate, power and water units, while engaging Chinese firms keen on expanding in the Philippines, as the country's oldest conglomerate seeks to deepen its presence in businesses that will help address the needs of the country......»»

Category: financeSource: bworldonline bworldonlineApr 23rd, 2017

Ayala Land explores partnerships with ASEAN property firms

AYALA LAND, Inc. (ALI) is in talks with a company in the ASEAN (Association of Southeast Asian Nations) region for potential partnerships in the real estate market. The post Ayala Land explores partnerships with ASEAN property firms appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsOct 15th, 2018

Taiwan firm eyes PH as manufacturing hub; local unit sets P6.77-B IPO

Taiwan-based New Kinpo Group (NKG) is grooming the Philippines to be its next Southeast Asian electronics manufacturing hub with a P6.77-billion local stock market debut planned by its local arm, Cal-Comp Technology (Philippines) Inc. Simon Shen, NKG chief executive, yesterday said the group was boosting its operating capacity in the Philippines as it shifted the focus of operations in China. "China will move toward higher level R&D (research and development), so its manufacturing component will slowly be transitioned to the Philippines. This IPO (initial public offering) will allow us to raise the funds needed to support the transition and help the Philippines enhance its manu...Keep on reading: Taiwan firm eyes PH as manufacturing hub; local unit sets P6.77-B IPO.....»»

Category: newsSource:  inquirerRelated NewsJul 12th, 2018

PSEi down 1% on profit-taking

The stock market fell back to the 8,400 level on Friday as investors decided to take profits ahead of next week’s Association of Southeast Asian Nations (Asean) summit and amid concerns over the outlook for corporate tax cuts in the United States. The bellwether Philippine Stock Exchange index (PSEi) lost 1.01 percent or 86.34 points [...] The post PSEi down 1% on profit-taking appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 11th, 2017

Corporate News: Malaysian mall owner woos Philippine retailers

A MALAYSIAN mall owner is trying to attract Philippine retailers offering American-style fastfood and lifestyle clothing to set up shop in the Southeast Asian country......»»

Category: financeSource:  bworldonlineRelated NewsJan 23rd, 2017

Corporate News: Pilipinas Shell says investors warm to IPO

PILIPINAS SHELL Petroleum Corp. will start offering its shares to retail investors today in a P19.5-billion market debut that would become Southeast Asia's fifth-biggest for the year given strong demand......»»

Category: financeSource:  bworldonlineRelated NewsOct 18th, 2016

Corporate News: Higher taxes on autos seen to dampen growth

THE proposal to hike excise taxes on automobiles is likely to dampen industry growth and push prices higher at a time when owning a car in the Philippines is already more expensive than in other Southeast Asian countries, executives from two automakers sa.....»»

Category: financeSource:  bworldonlineRelated NewsOct 13th, 2016

Mitsubishi to start exporting PHL-made vehicles by 2019

MITSUBISHI Motors Corporation (MMC) has committed to exporting Philippine-made vehicles to the Association of Southeast Asian Nations (ASEAN) market next year, according to Trade Secretary Ramon M. Lopez......»»

Category: newsSource:  bworldonlineRelated NewsDec 13th, 2018

Japan’s megabanks bolstering services in Southeast Asia, betting on jolt to regional growth

BANGKOK -- Japan's three megabanks --- MUFG Bank, Mizuho Bank and Sumitomo Mitsui Banking Corp. (SMBC) --- are ramping up services for local companies and Japan-affiliated firms in Southeast Asia amid expectations economic activity in the region will get a shot in the arm from the abolition, in principle, of tariffs among members of the Association of Southeast Asian Nations this year. The megabanks' approach also reflects forecasts that the trend of businesses shifting factories from China to Asean members as a spillover effect of U.S.-China trade friction will accelerate. On Wednesday, MUFG held a "business matching fair" that brought together corporate clients in Bangkok. Th...Keep on reading: Japan’s megabanks bolstering services in Southeast Asia, betting on jolt to regional growth.....»»

Category: newsSource:  inquirerRelated NewsDec 3rd, 2018

Duterte calls on ASEAN to continue investing in itself | News

President Rodrigo Duterte on Tuesday called on members of the Association of Southeast Asian Nations (ASEAN) to sustain efforts towards achieving inclusive growth and greater economic integration......»»

Category: newsSource:  manilanewsRelated NewsNov 14th, 2018

Chinese Premier Li says talks on S. China Sea code should end in 3 years | News

SINGAPORE -- China's Premier Li Keqiang said on Tuesday that Beijing hoped a consultation with Southeast Asian nations on a code of conduct in the disputed South China Sea would be completed in three.....»»

Category: newsSource:  manilanewsRelated NewsNov 13th, 2018

Analyst Heydarian s take on Duterte s attendance in 33rd ASEAN Summit | News

GMA resident analyst Richard Heydarian on Monday said the South China Sea Code of Conduct should be thoroughly discussed during the 33rd Association of Southeast Asian Nations (ASEAN) summit in Singap.....»»

Category: newsSource:  manilanewsRelated NewsNov 12th, 2018

Japan to extend loan to help Malaysia’s debt problem

TOKYO --- The leaders of Malaysia and Japan have agreed that Japan will issue yen-denominated bonds of up to 200 billion yen ($1.8 billion) to help the Southeast Asian country battle its fiscal deficit. Japanese Prime Minister Shinzo Abe told a news conference Tuesday that Japan also will provide loans to help Malaysia in areas such as education, transportation and people exchanges. Malaysian Prime Minister Mahathir Mohamad, who returned to leadership this year, has long advocated learning from Japan's postwar economic growth. Earlier Tuesday, Emperor Akihito presented Mahathir with one of Japan's highest awards for his international and cultural achievement. /ee...Keep on reading: Japan to extend loan to help Malaysia’s debt problem.....»»

Category: newsSource:  inquirerRelated NewsNov 6th, 2018

Index gains amid positive news

The stock market was off to a good start yesterday, coming from the long holiday and with expectations of better-than-expected third quarter corporate results......»»

Category: financeSource:  philstarRelated NewsNov 6th, 2018

4 Asean countries ink MOU on capital market professional mobility

The Securities and Exchange Commission has teamed up with its Southeast Asian counterparts to allow investment professionals do business across their jurisdictions, in a bid to catalyze greater con.....»»

Category: newsSource:  philippinetimesRelated NewsOct 14th, 2018

Realme poised to challenge Southeast Asian market

Realme poised to challenge Southeast Asian market.....»»

Category: techSource:  thestandardRelated NewsOct 13th, 2018

Panelo named presidential spokesperson

  President Duterte's spokesperson, Harry Roque, was again the last to know.   This time, he was not informed that he would be losing his job---news that flew to Manila on Thursday all the way from Bali, Indonesia, where President Duterte was meeting other leaders of the Association of Southeast Asian Nations.   Special Assistant to the President Christopher "Bong" Go told reporters in Bali that Chief Presidential Legal Counsel Salvador Panelo was replacing Roque as presidential spokesperson effective "today, Thursday."   "For now, the President said that Secretary Panelo will be concurrent presidential legal counsel, at the same time, spokesp...Keep on reading: Panelo named presidential spokesperson.....»»

Category: newsSource:  inquirerRelated NewsOct 12th, 2018

Canada to fund 9 projects for women, girls in Philippines

MANILA, Philippines – Canada will fund 9 projects for women and girls in the Philippines, as it sets gender equality and empowerment among its priorities in the Southeast Asian country.  The Canada Fund for Local Initiatives (CFLI) this year aims to boost the role of women ........»»

Category: newsSource:  rapplerRelated NewsOct 7th, 2018

Will Indonesia ride-hailing giant Go-Jek enter PH?

AT A GLANCE Indonesia ride-hailing giant Go-Jek is exploring the Southeast Asian market and has included the Philippines among its target countries for expansion this year. The Land Transportation Franchising and Regulatory Board has halted the accreditation of ride-hailing firms. Consumers are yearning for more options in the ride-hailing market as new players ........»»

Category: newsSource:  rapplerRelated NewsOct 6th, 2018

PH sets sights on first gold in Asian Para Games 2018

  MANILA, Philippines – Powerlifter Adeline Dumapong-Ancheta and table tennis player Josephine Medina banner the Philippine Paralympic Committee's campaign as the country shoots for its first gold medal in the 2018 Asian Para Games this October in Jakarta, Indonesia. Team Philippines chef de mission Kiko Diaz bared that salvaging a gold and eclipsing the five-silver and ........»»

Category: newsSource:  rapplerRelated NewsSep 28th, 2018

From the Bay to the PH: Stephen Curry s Manila Tour

Golden State Warriors star Stephen Curry made good on a promise he made to Filipinos three years ago -- to return to Manila.  Stephen’s game-breaking approach to basketball has scored him legions of adoring Filipino fans and followers from all around the globe who revel in every deep 3, every slippery drive to the rim, every sneaky steal.  His popularity has transcended borders, languages and cultures, and nowhere was that more evident than in Manila. Stephen’s first day began with a more than two hour on court workout with his trainer Brandon Payne. From shooting to speed and agility drills, Curry put in off season work as he continues to prepare for the upcoming NBA season. Steph Curry early practice in Manila ! — DYAN CASTILLEJO (@DYANCASTILLEJO) September 7, 2018 Curry wasted no time in tasting the local cuisine, and he couldn't have started with anything better, as he tried out some halo-halo.  Curry tries halo halo — DYAN CASTILLEJO (@DYANCASTILLEJO) September 7, 2018   A cold dessert that includes shaved ice, and various fruits such as shredded coconut, mangoes, jackfruit mixed with gelatin and milk. After touring a Jeepney, he traveled to Mall of Asia for the Under Armour Southeast Asia 3x3 Finals which saw he and his father, Dell Curry, on court for a shooting contest with other local fathers, sons and daughters. The competition was fierce but Dell and Stephen secured the win. From a press conference with journalists who came from all around Southeast Asia to cover the UA Brand House ribbon cutting to a skills competition shootout with his dad Dell, everywhere Stephen went in public, his Filipino fans followed in lockstep, fascinated by the presence of the two-time MVP and three-time World Champion. The fans weren’t the only ones awestruck - Stephen himself was blown away by the incredible landscape and cultural significance of the dense and bustling Manila.  Taking a quick tour of some city sights, Stephen then toured a Jeepney, the flamboyant WWII era truck that still can be found transporting residents throughout Manila. Curry capped off the day with a relaxing Filipino scalp massage at Titan and a visit to his shoe brand's main store. Before leaving the country, Curry dropped by the opening ceremony of UAAP season 81, where he led the legions of student-athletes in reciting the oath of sportsmanship. .@StephenCurry30 officially opens #UAAPSeason81! 🔥 — ABS-CBN Sports (@abscbnsports) September 8, 2018 After a busy three-day visit to Manila, much is left for the MVP's Asian Tour. Curry still has scheduled visits to Japan and China, among other Asian nations. .....»»

Category: sportsSource:  abscbnRelated NewsSep 8th, 2018