Globe signs P12-B loan deals for capex

GLOBE Telecom, Inc. announced on Thursday that it signed term loan facilities with China Banking Corp. and Philippine National Bank for P5 billion and P7 billion, respectively. The company will use the loans to finance its capital expenditures (capex), Globe said in a disclosure to the stock exchange. The Ayala-led telco targets to spend P70 […]

Julie Anne San Jose explores upbeat music

Julie Anne San Jose A NEW upbeat and danceable song was the works for singer Julie Anne San Jose when the world unexpectedly stopped last year. Because of the ongoing coronavirus disease 2019 (COVID-19) pandemic, the song underwent various revisions and took a while to produce. “We wrote the song pre-pandemic, and then inabutan kami […]

Employers worried about SHS graduates’ readiness for work 

MANY EMPLOYERS are reluctant to hire senior high school (SHS) graduates on concerns about their readiness for the workplace, while most SHS graduates have expressed a preference to pursue further studies, according to a study released Thursday. The Philippine Institute for Development Studies (PIDS) said its research, conducted starting 2018, found that SHS graduates faced […]

SEC reminds lending, financing firms register online platforms

THE Securities and Exchange Commission (SEC) could penalize or even revoke the licenses of financing and lending companies that fail to register and disclose their online lending platforms (OLP), such as mobile applications and websites. A notice published by the commission on Wednesday said financing and lending firms must comply with SEC Memorandum Circular No. […]

IBI Group Delivers Exceptional Results with Net Profit Surging 151.5%

HONG KONG, Jun 24, 2021 – (ACN Newswire via SEAPRWire.com) – IBI Group Holdings Limited (“IBI” or the “Company”, together with its subsidiaries as the “Group”; Stock Code: 1547), a publicly listed company that holds investments in companies focusing on the Built Environment, today announced its business results for the financial year ended 31 March […]

Pertama Digital makes leap forward with two new investors for its digital bank

PENANG, Malaysia, Jun 24, 2021 – (ACN Newswire via SEAPRWire.com) – Pertama Digital Berhad announced today that it has signed Memoranda of Understanding (MoUs) with Perfect Hexagon Commodity and Investment Bank Limited (“PHCIB”) and Alsirat Sdn Bhd (“ASB”) to secure investment for its proposed digital bank. Licensed as a Labuan investment bank under the Labuan […]

Central Global Berhad Makes Two Board Appointments

KUALA LUMPUR, Jun 24, 2021 – (ACN Newswire via SEAPRWire.com) – Main Market-listed Central Global Berhad (“Central Global”) is pleased to announce the appointments of Yang Hormat Mulia (“YHM”) Tengku Dato’ Indera Abu Bakar Ahmad (“Tengku Abu Bakar”) and Encik Shaharuddin bin Abdullah (“Encik Shaharuddin”) as non-executive directors of the Group. YHM Tengku Abu Bakar, […]

Eisai and Biogen Inc. Announce U.S. FDA Grants Breakthough Therapy Designation for Lecanemab (BAN2401)

TOKYO, Jun 24, 2021 – (JCN Newswire via SEAPRWire.com) – Eisai Co., Ltd. and Biogen Inc. today announced that the U.S. Food and Drug Administration (FDA) has granted Breakthough Therapy designation for lecanemab (BAN2401), an investigational anti-amyloid beta (Abeta) protofibril antibody for the treatment of Alzheimer’s disease (AD). Breakthrough Therapy designation is an FDA program […]

MainettiCare Becomes Official Face Mask Supplier of Hong Kong, China Delegation to Tokyo 2020 Olympic Games

HONG KONG, Jun 24, 2021 – (ACN Newswire via SEAPRWire.com) – Mainetti Group (“Mainetti” or the “Company”), the leading global retail solutions provider, is pleased to announce that MainettiCare – the Company’s high-quality PPE range – has become the “Official Face Mask Supplier” of the Hong Kong, China Delegation travelling to the upcoming 2020 Tokyo […]

Hitachi ABB Power Grids teams up with BW Ideol to take offshore wind power into deeper waters

ZURICH, SWITZERLAND, Jun 24, 2021 – (JCN Newswire via SEAPRWire.com) – Hitachi ABB Power Grids announced today it has signed a memorandum of understanding with BW Ideol, a global leader and internationally recognized pioneer in floating offshore wind. The agreement relates to the global acceleration of delivering a market-ready floating substation offering and solution. A […]

Members from CERT-PH, DICT, UNODC, Armed Forces of the Philippines to discuss future of a cyber-secure nation at PhilSec 2021

MANILA, Jun 24, 2021 – (ACN Newswire via SEAPRWire.com) – With an aim to aid Philippines’ Department of Information and Communications Technology (DICT) in promoting the National Cybersecurity Plan 2022 and to develop counter-intelligence against the burgeoning state of cyber-crimes in the Philippines, Tradepass has taken the initiative to launch PhilSec 2021, scheduled for 13-14 […]