THE Energy Regulatory Commission (ERC) has ordered the Philippine Electricity Market Corp. (PEMC) to hold off on the collection of the net settlement surplus (NSS) adjustment from electric distribution utilities in the May billing. In its statement on Thursday, the energy regulator said its order to the electricity market operator is meant to temper power […]
LANDBANK expands credit facility for businesses
LAND BANK of the Philippines (LANDBANK) increased its credit line for pandemic-hit businesses to P50 billion from P20 billion previously due to strong demand. LANDBANK said so far, it has approved P20.95 billion in loans for 460 borrowers under its Interim Rehabilitation Support to Cushion Unfavorably affected Enterprises by COVID-19 or I-RESCUE program. It has […]
Angry and traumatized, Britney Spears calls conservatorship abusive
LOS ANGELES — An emotional Britney Spears on Wednesday called the 13-year-long conservatorship that has controlled her life stupid and abusive, saying she felt traumatized and angry and wanted her life back. In a statement of more than 20 minutes, pop star Ms. Spears, 39, told the Los Angeles judge overseeing the arrangement that she […]
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 […]
Maybank teams up with Bayad to boost bill payment facility
MAYBANK Philippines, Inc. (Maybank) has teamed up with CIS Bayad Center, Inc. (Bayad) to expand its bills payment services for its clients. Through the partnership, users of Maybank2U PH will be able to settle payments to over 300 billers that are part of Bayad’s network. “The integration of our platforms allows us to combine strengths, […]
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 […]
Entertainment News (06/25/21)
1 of 3 ZBB and Barangay LS top audience share SUPER Radyo DZBB and Barangay LS 97.1 remain the number one AM and FM radio stations in Metro Manila. Nielsen’s Radio Audience Measurement data for May shows that GMA Network’s flagship AM station Super Radyo DZBB 594 recorded an average total day audience share of […]
Del Monte Pacific swings to profitability, earns $63M
Listed Del Monte Pacific Ltd. (DMPL) reversed its $81.4-million loss last year as the company improved its sales mix and margins from lower sales of low-margin segments, lower trade promotions, and expenses. The company achieved a “very commendable performance” with $63.3 million in profits for the year ended April 2021, Del Monte Pacific disclosed to […]
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 […]
31st HKTDC Hong Kong Book Fair opens on 14 July
HONG KONG, Jun 24, 2021 – (ACN Newswire via SEAPRWire.com) – The 31st HKTDC Hong Kong Book Fair, organised by the Hong Kong Trade Development Council (HKTDC), will run from 14 to 20 July (Wednesday to Tuesday) at the Hong Kong Convention and Exhibition Centre (HKCEC). This year’s event has received an enthusiastic response from […]
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 […]
Honda Holds World Premiere of the All-new Civic Hatchback
TOKYO, Jun 24, 2021 – (JCN Newswire via SEAPRWire.com) – Honda Motor Co., Ltd. today held the world premiere of the all-new Civic Hatchback, which is scheduled to go on sale this fall. Honda is planning to make the official announcement of this new model in August. All-new Civic Hatchback At the world premiere, which […]
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 […]
SAFEHAMSTERS Set to Launch Planet V.1.0 Involving New DEX and Staking Benefits
Dubai, UAE / SEAPRWire / June 24, 2021 / – SafeHamsters, a global blockchain ecosystem, is all set to launch the brand-new SafeHamsters Planet V.1.0. With the latest update, farm staking and a new DEX is up for grabs. The SafeHamsters token key will perform a set of functions exclusive to this platform. SafeHamsters aims to become […]