THE Department of Trade and Industry (DTI) asked the Senate to ratify the Regional Comprehensive Economic Partnership (RCEP) trade agreement before the end of the first quarter, saying that the Philippines is already missing out on the deal’s benefits. Trade Assistant Secretary Allan B. Gepty told BusinessWorld on the sidelines of an event organized by […]
Tag: agreement
SMC unit to supply Albay utility’s one-year power needs
SMC Global Power Holdings Corp.’s subsidiary will supply the power requirements of Albay Electric Cooperative (Aleco) for one year, the company announced on Thursday. “This power supply agreement is primarily in consideration of the welfare of the people of Albay, who would have otherwise been disconnected from the grid,” San Miguel Corp. (SMC) President Ramon […]
‘Critical’ for PHL to sign FTA with Europe within two years
By Alyssa Nicole O. Tan, Reporter THE PHILIPPINES must enter into a free trade agreement (FTA) with the European Union (EU) within a two-year window or become the last of three major markets in Southeast Asia deemed priorities by the EU, according to the European Chamber of Commerce of the Philippines (ECCP). “The timeline here […]
Manila reviewing US proposal on military agreement
THE PHILIPPINES is reviewing proposals from the US on an enhanced military pact that allows it to temporarily maintain a military presence in the Southeast Asian nation, President Ferdinand R. Marcos, Jr. said on Thursday. “There have been many requests and proposals from the Americans especially under the Enhanced Defense Cooperation Agreement (EDCA),” he told […]
Mazda: New Partnerships for the Development and Production of Electric Drive Units
HIROSHIMA, Japan, Nov 22, 2022 – (JCN Newswire via SEAPRWire.com) – Mazda Motor Corporation is planning to complete the electrification of all vehicle models by 2030 and is currently working together with various partner companies on a range of electrification related research projects that are also designed to stimulate the local economy and contribute to […]
Capital.com Signs Strategic Agreement with Refinitiv to Accelerate Sustainable Investing Among Retail Investors
EQS Newswire / 08/11/2022 / 03:00 EST/EDT Capital.com Signs Strategic Agreement with Refinitiv to Accelerate Sustainable Investing Among Retail Investors Agreement will provide traders with real-time ESG data, AI-powered sentiment analysis and financial news to help drive better investment decisions LONDON, UK / ACCESSWIRE / November 8, 2022 / High-growth European investment trading platform, Capital.com, […]
Eisai to Divest Rights for Muscle Relaxant Myonal, Vertigo, and Equilibrium Disturbance Treatment Merislon in Asia to DKSH
TOKYO, Nov 7, 2022 – (JCN Newswire via SEAPRWire.com) – Eisai Co., Ltd. announced today that it has entered into an agreement to divest its rights for muscle relaxant Myonal (generic name: eperisone hydrochloride) and vertigo and equilibrium disturbance treatment Merislon (generic name: betahistine mesilate) in Asia (9 countries/regions*) to a subsidiary of DKSH Holding […]
DoTr urges expanded regional partnerships after EU air travel deal
THE Transportation department said on Monday that it will work with partners within Southeast Asia to help develop the region’s transport connectivity, after the signing of an air transport agreement with the European Union (EU). “In his first ASEAN (Association of Southeast Asian Nations) Transport Ministers Meeting over the weekend, Secretary Jaime J. Bautista stressed […]
HG Semiconductor and GCL Technology Founder Mr. Zhu Gongshan Officially Entered into Shares Subscription and Warrants Subscription Agreement, Mr. Zhu Gongshan has Become Major Strategic Shareholder of the Group
HONG KONG, Sep 30, 2022 – (ACN Newswire via SEAPRWire.com) – HG Semiconductor Limited (“HG Semiconductor”, together with its subsidiaries, “the Group”; Stock Code: 6908.HK) is pleased to announce that the Group has officially entered into subscription agreement (“Subscription Agreement”) with Mr. Zhu Gongshan (“Mr. Zhu”), the Founder, Chairman and Executive Director of GCL Technology […]
MACAY board OK’s move to acquire 100% of RC Global Beverages
LISTED investment holding company Macay Holdings, Inc. (MACAY) announced on Wednesday that its board of directors had approved the plan to acquire 100% of RC Global Beverages, Inc. (RCGBI), which owns the rights to the RC Cola brand globally. “The transaction is subject to the finalization of a share purchase agreement and other closing conditions,” the […]
Malaysian trade official urges PHL to sign up for RCEP
A MALAYSIAN trade official urged the Philippines to ratify the Regional Comprehensive Economic Partnership (RCEP) trade agreement, citing the benefits from improved market access. Abu Bakar Yusof, Malaysia External Trade Development Corp. (MATRADE) deputy chief executive officer for exporter development, said at a news in Makati City on Tuesday that joining RCEP will also be […]
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 […]
Ni Hsin Signs OEM Manufacturing Agreement with TAILG for Electric Two Wheelers
KUALA LUMPUR, Mar 23, 2022 – (ACN Newswire via SEAPRWire.com) – Ni Hsin EV Tech Sdn Bhd (“NH EV TECH”), a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad) (“Ni Hsin” or the “Group”), today entered into an Original Equipment Manufacturing Agreement (“OEM Agreement”) with Dongguan Tailing […]
Rama, vendors come to an agreement
CEBU City officials are expecting no more resistance from market vendors doing business at the Carbon Public Market’s ML Quezon St. side in Barangay Ermita.This after the Cebu City Government and vendors doing business in the area came to an agreement to allow the installation of railings there provided that they aren’t too near their […]
Honda Signs Joint Development Agreement with SES, an EV Battery Research and Development Company
TOKYO, Jan 19, 2022 – (JCN Newswire via SEAPRWire.com) – Honda Motor Co., Ltd. today announced that, in December 2021, the company signed a joint development agreement in the area of Lithium-Metal secondary batteries(1) with SES Holdings Pte. Ltd.(“SES”), a U.S. (Boston)-based EV battery research and development company. Moreover, SES plans to list on the […]
Philippines, Japan renew bilateral swap deal to boost financial stability
THE Philippines and Japan have renewed a currency swap agreement to boost financial stability and cooperation in the region, according to the Bangko Sentral ng Pilipinas (BSP). BSP and Bank of Japan signed the deal, the third of its kind between the two nations and which took effect on Jan. 1, the Philippine central bank […]
DTI’s Lopez says farmers to benefit from RCEP market opening, tech investment
TRADE Secretary Ramon M. Lopez said the Regional Comprehensive Economic Partnership (RCEP) trade agreement will benefit the agriculture sector via expanded market access and technology investment. “The agricultural sector is set to benefit from the RCEP agreement. These benefits range from improved market access in the RCEP region, cheaper access to raw materials, wider cumulation area, […]
GOME Retail Enters into Various Agreements with GOME Fun and GOME Holding to Accelerates the Strategic Transformation to an All-round Retail Eco-system Sharing Platform and Strive to Lead the “Home Living” Industry
HONG KONG, Nov 26, 2021 – (ACN Newswire via SEAPRWire.com) – GOME Retail Holdings Limited (HKEX stock code: 493, “GOME” or “the Company”, together with its subsidiaries, “the Group”) announced today that the Group entered into 11 agreements in various business sectors, through GOME Appliance Company Limited (“GOME Appliance”), its wholly-owned subsidiary, in respect of […]
Hatten Land Subsidiary HTPL Signs Definitive Agreement with Frontier to Operate at Least 1,000 Cryptocurrency Mining Rigs in Malaysia
SINGAPORE, Sep 29, 2021 – (ACN Newswire via SEAPRWire.com) – SGX Catalist-listed Hatten Land Limited (“Hatten Land”; SGX: PH0) said today it has signed an agreement with Frontier Digital Asset Management Pte. Ltd. (“Frontier”) to share proceeds from jointly operating at least 1,000 cryptocurrency mining (cryptomining) rigs within the Hatten Group’s properties in Malaysia. Cryptomining […]
US chamber official sees possibility of digital trade deal with Philippines
THE PHILIPPINES and the US should work on a standalone digital trade agreement that could serve as a model for the region, a US chamber of commerce official said. Charles Freeman, senior vice-president for Asia of the US Chamber of Commerce, said that some issues remain unresolved for a US-Philippine free trade agreement. “We’ve had […]