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Jollibee invests more in Titan Dining
Filipino-owned Asian food conglomerate Jollibee Foods Corp. has expanded its investments Titan Dining Partners Ltd., which manages Titan Dining LP, the private equity fund which owns the Tim Ho Wan brand and company-owned Tim Ho Wan stores......»»
Sy family invests P5 billion in Megawide affiliate
The Sy family is once again playing a big brother role to a company led by businessman Edgar Saavedra, this time investing in Megawide’s affiliate renewable energy real estate investment trust......»»
Filinvest Invests P16B in Ciudad BTO Project
The development of Ciudad will finally be realized after the Province of Cebu turned over Friday a parcel of the property to homegrown developer Filinvest Land, Inc. (FLI) through a build-transfer-operate (BTO) engagement. Cebu Gov. Gwendolyn Garcia and Tristan Las Marias, FLI president and CEO, formally kicked off the project in simple ceremonies onsite on […].....»»
Agoda Spotlights Three Philippine Havens for Mindful Explorers
As the Philippine government invests more in its Green Economy Model (GEM), digital travel platform Agoda spotlights three destinations that are leading the pack in more conscious tourism. Coron in Palawan, Panglao in Bohol, and Siargao in Surigao del Sur have been prioritized by the Department of Environment and Natural Resources (DENR) for their conservation […].....»»
Creador invests P4 billion into Asialink
Creador, a prominent Southeast Asian private equity firm, has invested P4 billion in Asialink Finance Corp., a leading lender to small and medium enterprises......»»
Japan invests $4.8 billion in TSMC plant, emphasizing importance of cutting-edge chips for future industries
Japan has announced plans to provide an additional ¥732 billion in subsidies for Taiwan Semiconductor Manufacturing Co. (TSMC) to expand its plant in the country......»»
Philippines private sector sets trade visit to Malaysia
A private sector-led initiative to collaborate with Malaysian agriculture companies is set for this coming April 23 to 24, 2024......»»
Malaysian Chamber eyes Davao’s logistics hub potential
THE Malaysia Chamber of Commerce and Industries Philippines, Inc. (MCCI) foresees strong business confidence for investing in Davao City, positioning it as a potential world-class logistics hub competing with leading regions in Southeast Asia such as Singapore, Macau, and Kuala Lumpur in Malaysia......»»
Siomai King naghari na naman bilang Franchise Hall of Famer 2024
NOONG nakaraang Enero 7, pinarangalan sa Asia Leaders’ Awards ang “Siomai King” bilang Franchising Hall of Famer of the Year. Ito ay karagdagang pagkilala at parangal sa “Siomai King” matapos magkakasunod na taong kinilalang “Franchising Company of the Year” noong 2020, 2021 at 2022. Iginawad ni Malaysian Ambassador to the Philippines H.E. Dato Abdul Malik.....»»
High hopes for Filipino golf aces as IS Oman unfolds
Justin Quiban seeks redemption, eager to bounce back from a disappointing performance in the Malaysian Open as he joins compatriots Miguel Tabuena and Angelo Que in the International Series Oman......»»
Tabuena ties for 13th; Que ends up joint 31st
Miguel Tabuena closed out with a 68 boosted by a late eagle as he tied for 13th, but Angelo Que ended up 31st after a 71 in the Malaysian Open ruled by Spain’s David Puig in come-from-behind fashion......»»
Que mounts charge with 65; Tabuena fights back
Angelo Que continued to flaunt his remarkable skills as the stakes rose, producing a stellar six-under 65 to gain 10 spots in the rankings. He moved to joint eighth even as Miguel Tabuena charged back in time to salvage a 70 and wheel back into contention after three rounds of the Malaysian Open in Seri Kembangan Saturday......»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 13
KUALA LUMPUR -- Malaysian authorities launched a search and rescue operation on Tuesday following a plane crash in Selangor state. The aircraft, which crashed around 1:30 p.m. local time, had two on board including its pilot, the Civil Aviation Authority of Malaysia said in a statement. (Malaysia-Aircraft-Crash) - - - - NEW DELHI -- Police Tuesday fired dozens of tear smoke shells and used drones t.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 13
KUALA LUMPUR -- Malaysian authorities launched a search and rescue operation on Tuesday following a plane crash in Selangor state. The aircraft, which crashed around 1:30 p.m. local time, had two on board including its pilot, the Civil Aviation Authority of Malaysia said in a statement. (Malaysia-Aircraft-Crash) - - - - NEW DELHI -- Police Tuesday fired dozens of tear smoke shells and used drones t.....»»
BOI gives green lane to P150 billion telco project
The Board of Investments has approved a P150 billion Malaysian telecommunications infrastructure project for green lane processing, noting its role in introducing new technologies in the country......»»
PilotTV bares 2 new Appointments
PilotTV Holdings, a leading Taiwan digital signage operator and digital out-of-home media also operating in Japan and the Philippines, has appointed Lou Marie Bognot as its new chief executive officer for the Philippines......»»
Disney+ Loses 1.3 Million Subscribers After Price Hike
Disney+ has seen a decline in its subscriber base by 1.3 million following a price increase implemented in the final quarter of 2023 while being able to mitigate losses by a noteworthy $300 million. During the Q1 FY24 Earnings Call, Disney revealed that Disney+ witnessed a drop from 112.6 million subscribers on September 30, 2023, […].....»»
Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023
The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»
$247 million hot money exits Philippines in 2023
A total of $247.3 million worth of speculative funds exited the Philippines last year, reversing the $886.7 million net inflow recorded in 2022, according to the Bangko Sentral ng Pilipinas......»»
ERC suspends reserve market settlement
The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»