BSP seen unlikely to touch rates this year

The Philippine central bank would probably pause monetary easing this year until previous rate cuts lead to substantial credit growth, according to Standard Chartered Bank. The Bangko Sentral ng Pilipinas is likely to bring down banks’ reserve requirements further instead to boost liquidity, Chidu Narayanan, an economist at the foreign bank, told an online news […]

PEZA eyes P100B in pledges this year

The Philippine Economic Zone Authority (PEZA) seeks to get more than P100 billion in investment pledges this year, slightly higher than last year. “We don’t want to be promising high figures,” PEZA Director-General Charito B. Plaza said in an e-mailed statement on Friday. “Instead, we must work hard and build support and partnerships from public […]

Younger kids allowed in malls

Minors as young as 10 years may go out to visit malls in areas under a general lockdown starting Feb. 1 to boost consumer spending, according to the government’s task force against the coronavirus. “Any person below 10 years old, those who are over 65 years of age, those with immunodeficiency, comorbidity, or other health […]

Megawide, GMR turn over Clark airport’s new terminal building to gov’t

The consortium of listed builder Megawide Construction Corp. and Bangalore- based airport operator GMR Infrastructure Ltd. officially handed over to the government on Friday the new passenger terminal building of the Clark International Airport. “This handover comes at exactly the right time when our country needs infrastructure projects to help restart our economy in light […]

Premiere Horizon enters agritech sector

Listed holding firm Premiere Horizon Alliance Corp. has ventured into agriculture technology (agritech) sector via its subsidiary, PH Agriforest Inc. In a regulatory filing on Friday, Premiere Horizon said that through PH Agriforest, it plans to leverage on the financial technology (fintech) expertise of its parnter SquidPay Technology, Inc. by using technology to increase yield […]

Citicode Ltd. Shareholders Approve Reverse Takeover of Homegrown Multi-Disciplinary Healthcare Specialist Livingstone Health Holdings Limited

SINGAPORE, Jan 22, 2021 – (ACN Newswire) – Shareholders of Citicode Ltd. (“Citicode” or the “Company”) today approved the reverse takeover (“RTO”) of homegrown multi-disciplinary healthcare specialist Livingstone Health, marking the start of a new chapter of growth in Singapore and across the Asia Pacific region. At the extraordinary general meeting (“EGM”), shareholders of Citicode […]

OIO, Moonstake’s Partner and SGX listed company, appoints New CEO for its blockchain business subsidiary, Rudy Lim, former Head of FinTech at DBS Bank

SINGAPORE, Jan 22, 2021 – (ACN Newswire) – We are pleased to announce that our regional partner OIO Holdings Limited (SGX: OIO) has appointed Rudy Lim, former Head of FinTech at DBS Bank, as its new CEO at its blockchain business subsidiary, OIO Singapore Pte Ltd, effective 18th of Jan 2021 to accelerate blockchain business […]