ETP Group Partners with Matahari to Accelerate Its Retail Digital Transformation Journey

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 […]

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 […]

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 […]

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 […]

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,” […]

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 […]