ACEN secures AU$100-M loan for RE projects

ACEN Corp., through its subsidiary in Australia, has secured a 100-million Australian dollar green long-term revolving loan from DBS Bank Ltd. through common provisions and facility agreements. “The initial green loan facility with DBS will help advance our fund-raising capacity of over AU$600 million in Australia to develop and construct existing and additional pipeline of […]

Smart partners with US firm Omnispace to explore space-based 5G technologies

PLDT, Inc.’s wireless arm Smart Communications, Inc. is collaborating with US-based global communications provider Omnispace to explore the capabilities of space-based fifth-generation (5G) communications using low-Earth orbit (LEO) satellites for the Philippine market. “This collaboration with Omnispace will allow our companies to work together to define use cases for the Philippine market,” Arvin L. Siena, […]

DITO’s debt to Globe over interconnect violation grows daily—NTC plea to prevent further breach, protect customers

GLOBE, the country’s leader in mobile, asserts that DITO continues to violate its interconnect agreement due to the latter’s refusal to pay the P622 million it owes Globe over fraudulent calls through its network. More notably, DITO did not deny the debt it owes Globe in its press statement issued on August 9.DITO’s debt increases […]

New Horizon Health Announced 2022 Interim Report: Revenue Up 414% YoY, Gross Margin Climbs to 82%

HANGZHOU, Aug 19, 2022 – (ACN Newswire via – New Horizon Health (6606.HK), China’s leading biotechnology company for early cancer screening, announced its half-year results for the year ended June 30, 2022 today. Based on the financial information before the audit as of June 30, 2022, New Horizon Health achieved total revenue of RMB226 […]

DOT trains Virgin Island service providers on ‘Filipino brand of service’

THE Department of Tourism, in coordination with the Bohol Tourism Office and the Municipality of Panglao, conducted on Wednesday, Aug. 10, training on the Filipino Brand of Service Excellence (FBSE) to service providers operating in Virgin Island in Panglao, Bohol.Initiated by the DOT upon receiving information on the alleged overpricing of food served to tourists […]

Mandaue City seeks to export ‘bibingka’ to global markets

MANDAUE City is mulling on exporting its local delicacies, particularly its well-known “bibingka” (local rice cake), to help promote more Filipino food to the international scene and help Mandaue City’s small and medium-sized enterprises (SMEs) develop their businesses.Kristian Cabahug, Mandaue Investments Promotions Tourism Action Center (MIPTAC) head, told reporters on Wednesday, August 17, 2022, that […]

EXPLAINER: Would Councilor de los Santos revise tag on Cebu City P50M grant to Luzon LGUs as ‘misplaced display of charity”? Balance of disaster fund is P201M, not P8M as earlier claimed by minority leader Archival. Without standards though, how much is too much?

ATTACK ON P50M AID TO QUAKE-STRUCK LGUs. Cebu City Councilor Mary Ann de los Santos, in a privileged speech Wednesday, August 17, criticized the amount of P50 million as aid for earthquake-hit local governments in northern Luzon, which the City Council earlier approved in a special session. De los Santos called it “misplaced display of […]

What to expect at The Outlook 2022: Philippine Real Estate Conference

THE much-anticipated event, The Outlook 2022: Philippine Real Estate Conference, will happen on August 31, 2022. The in-person conference will feature time-relevant panel tracks and distinguished speakers from prominent property companies and related businesses.Top property platform Lamudi is set to hold the much-anticipated event, The Outlook 2022: Philippine Real Estate Conference, on August 31, 2022.The […]