Jakarta, Indonesia, May 20, 2022 – (NovationWire) – ETP Group is proud to announce a new partnership designed to grow and enhance Matahari’s ability to deliver world-class, omni-channel experiences to its customers. PT Matahari Department Store Tbk (“Matahari”; “LPPF.JK”) and ETP Group – two organizations will be deeply engaged with the retail industry and consumer journeys. Matahari, Indonesia’s first […]
ROOKIE Racing and TOM’S SPIRIT Announce Team Setups for Super Taikyu Series Fuji 24 Hours Race
Toyota City, Japan, May 20, 2022 – (JCN Newswire via SEAPRWire.com) – ROOKIE Racing, Inc., TOM’S SPIRIT Co., Ltd., and TOYOTA GAZOO Racing have announced their team setups for the ENEOS Super Taikyu Series 2022 Powered by Hankook Round 2 NAPAC Fuji SUPER TEC 24 Hours Race (Fuji 24 Hours Race) to be held from […]
MC and Kurashiki City Sign Regional Development Agreement
TOKYO, May 20, 2022 – (JCN Newswire via SEAPRWire.com) – The authorities in Kurashiki City have been promoting a local development plan that seeks to enhance the municipality’s functions in ways that will benefit both its residents and the natural environment, resulting in quality of life that is sustainably safe and eco-sensitive. The proactive plan […]
Second G20 DEWG focuses on digital connectivity for recovery
JAKARTA, May 19, 2022 – (ACN Newswire) – The Indonesian government has urged the G20 Digital Economy Working Group (DEWG) to continue the discussion on digital connectivity. Minister of Communication and Informatics Johnny G Plate, G20 Digital Economy Working Group (DEWG) Chair Mira Tayyiba (L), and G20 DEWG Alternate Chair Dedy Permadi (R), second DEWG meeting in Yogyakarta, 18 […]
Tessera to host its first diamond trunk show in Cebu
THE Philippines’ premiere diamond authority, Tessera, is coming to Cebu for the very first Diamond Trunk Show. An exclusive, invite-only viewing will take place on May 27, 2022 from 4:00 p.m. to 9:00 p.m. at the Maple Room of the Oakridge Executive Club, Oakridge Business Park, Mandaue City. The collection is open for public viewing […]
Max’s Group profit down 88%
MAX’S Group, Inc. reported that its first-quarter earnings fell by 88% to P42 million from P337 million amid lockdown restrictions. “We are very excited with our first quarter results despite the January lockdown, as they gave us indication of the shape of what’s to come for Max’s Group. We have not experienced a full quarter […]
Nine of nine ABAP boxers in SEAG semis
ALL nine Filipino boxers who were registered in the boxing competitions in the 31st Southeast Asian Games (SEAG) being held in Bac Ninh province in Vietnam are in the semifinal round of the competitions. They are all assured of at least a bronze medal and if they succeed in their matches on Thursday and Friday, […]
Tom Cruise swoops into Cannes, igniting film festival with jets and star power
CANNES, France — Tom Cruise rolled into the Cannes Film Festival on Wednesday — jet planes in tow — cranking up festivities with action, star power and autograph signings on the red carpet. Fans greeted him with whoops and hollers and the French Air Force aerobatic team Patrouille de France flew overhead, spraying the sky […]
High Court affirms canceled tax assessment on First Gas
THE Supreme Court (SC) has affirmed the cancellation of the tax assessment on First Gas Power Corp. for the calendar year 2000 worth P37 million, and tax liabilities for 2001 worth P82.4 million. In a ruling on Feb. 15 and made public on May 16, the High Court reiterated the Court of Tax Appeals (CTA) […]
BPI sets P100-B bond program
BANK of the Philippine Islands (BPI) has approved a new P100-billion bond program to help diversify its funding sources and boost its sustainability drive. During a regular meeting held on May 18, BPI’s board approved the issuance of up to P100 billion in notes under its new peso-denominated bond and commercial paper program. “The objective […]
Laylo, Bersamina capture silver medal
THE Philippines will not be going home empty-handed in chess for the second Southeast Asian Games edition. Grandmaster Darwin Laylo and International Master (IM) Paulo Bersamina delivered the country’s first medal in the sport after snatching a silver medal in the men’s rapid team event. The Filipinos drew with the Vietnamese, 1-1, to claim the […]
Cisco study finds 92% in Philippines prefer hybrid work arrangements
TECHNOLOGY company Cisco Systems, Inc. said its research has indicated a 92% preference for hybrid work in the Philippines, saying that technology has established itself as an enabler of alternative work configurations, though it called for such arrangements to be supported by “end-to-end security.” “Ninety-two percent of Filipino respondents are happier working from anywhere,” Cisco […]
Michelangelo ink drawing fetches €23 million in Paris sale
An ink drawing of a nude man by Michelangelo — CHRISTIES.COM PARIS — An ink drawing of a nude man by Michelangelo sold for more than €23 million ($24.17 million) at auction in Paris on Wednesday, auction house Christie’s said. The work had been designated a French national treasure, which barred it from being exported […]
Cebu Pacific to resume int’l flights from Cebu hub starting with Seoul flights
BUDGET carrier Cebu Pacific (CEB) announced on Thursday the resumption of its international flights from Mactan Cebu International Airport in Cebu, starting with flights to South Korea in July. Following the reopening of South Korea to visitors, the airline’s Cebu hub will resume international service to South Korea as its first destination hub, Cebu Pacific […]
BSP proposes guidelines for sustainable investing
THE BANGKO SENTRAL ng Pilipinas (BSP) is proposing guidelines for banks’ integration of sustainability principles in their investment activities. “These guidelines are being issued to set expectations on the prudent conduct of investment activities and the minimum practices that a BSP-supervised financial institutions should establish for the management and control of risks associated with investments,” […]
BDO announces winners of the BDO ESG Awards 2022
HONG KONG, May 19, 2022 – (ACN Newswire via SEAPRWire.com) – BDO, the world’s fifth largest accountancy network, today announced and honoured the winners of the fourth BDO ESG Awards (the “Awards”). This competition is widely supported by listed enterprises and this year’s winners were selected from a pool of 90 nominations, all of which […]
Dizraptor App Offers Pre-IPO Investments from $10,000
New York, NY, May 19, 2022 – (NovationWire) – This spring Dizraptor app has provided access to private equity investments for retail investors. The app lets you invest in disruptive technology companies at the mid- to late growth stages. Investments are available from $10,000 and up. Dizraptor can be downloaded from the App Store and Google Play. Rare […]
Lapu, Mandaue respond to Omicron subvariant threat
LAPU-LAPU City Mayor Junard “Ahong” Chan will not require travelers from Western Visayas to present a negative real-time reverse transcription polymerase chain reaction (RT-PCR) or rapid antigen test result to enter the city amid the local transmission of the Omicron subvariant BA.2.12.1 that was detected in that region.Chan said they do not want to cause […]
Clavel, PB member ‘Tining,’ Radaza convicted of graft
EIGHT officials, including a former Cebu congresswoman, her two children and a former Lapu-Lapu City mayor, were found guilty by the anti-graft court over the alleged misuse of P25 million in pork barrel funds in 2002.In an 86-page decision promulgated on Tuesday, May 17, 2022, the Sandiganbayan Sixth Division found guilty former Cebu representative Clavel […]
Fiscal junks perjury charge vs. Ahong, city execs
THE Lapu-Lapu City Prosecutor’s Office has dismissed the perjury case filed by seven village chiefs against Mayor Junard “Ahong” Chan and five city officials.The seven barangay chiefs led by Association of Barangay Councils president and Bankal village chief Eduardo Cuizon sued Chan for perjury in retaliation against the mayor, who had also sued them for […]