Bulk water supply project for Marawi central area breaks ground; other major infra projects on track 

THE LOCAL Water Utilities Administration broke ground last week for the construction of a bulk water facility that will cover Marawi’s central area, the rehabilitation task force managing the war-torn city’s rehabilitation announced over the weekend.    The Task Force Bangon Marawi (TFBM) said the project will supply five million liters of potable water within the area most devastated during the five-month heavy gun battle between government forces and […]

Rainy days ahead in Central Visayas, other areas in PH due to trough of ‘Nyatoh,’ Pagasa says

CENTRAL Visayas and other areas in the country will experience cloudy skies with scattered rainshowers and thunderstorms brought about by the trough of typhoon Nyatoh (international name), which the state weather bureau said is no longer expected to enter the Philippine Area of Responsibility. The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) said on […]

BSP fully awards debt at auction

By Jenina P. Ibañez, Senior Reporter  The Philippine central bank fully awarded short-term securities at an auction on Friday, as the average rate declined amid easing global oil prices.  The Bangko Sentral ng Pilipinas (BSP) raised P100 billion as planned from its offer of 28-day bills that attracted P130.51 billion in tenders. Demand was higher than P110.25 billion last week.  Accepted rates for the one-month debt ranged […]

The Executive Centre (TEC) Reaffirms Hong Kong Commitment With New AIA Central Centre

HONG KONG, Nov 18, 2021 – (ACN Newswire via SEAPRWire.com) – The Executive Centre (“TEC”), the leading premium flexible workspace provider serving more than 36,000 Members in 32 cities across the world’s fastest-growing economies of Asia-Pacific and the Middle East, today announces the opening of its new centre at AIA Central (the “Centre”), its 11th […]

Only 1 Cebu school OK’d to take part in pilot F2F classes for private schools

THE Department of Education (DepEd) central office has allowed only one private school in Central Visayas to participate in the pilot implementation of face-to-face (F2F) classes for private schools nationwide that will start on Monday, Nov. 22, 2021. The Department of Education (DepEd) central office said it approved the Sisters of Mary Schools Inc.-Boystown in […]

Federal Reserve warns of peril from rise of risky asset prices, stablecoins

THE US Federal Reserve is warning that prices of risky assets keep rising, making them more susceptible to perilous plunges if the economy takes a turn for the worse, and cited stablecoins as an emerging threat.    “Asset prices remain vulnerable to significant declines should investor risk sentiment deteriorate, progress on containing the virus disappoint, […]

Initiative to Enhance Cooperation of China and Central Asian Countries Concludes

LANZHOU, China, Oct 22, 2021 –  The 8th China-Central Asia Cooperation Forum was concluded in Lanzhou, capital of Northwest China’s Gansu Province on October 17, and a joint initiative was released, aiming at more profound and practical openness and cooperation among participators. With “Strengthen Solidarity and Cooperation for Building a Community of Security and Development” as its […]

BSP eyes more gold from small miners

Monetary authorities are trying to encourage small-scale miners to sell more gold to the Philippine central bank after through tax exemptions. “We’re looking at making our rates more attractive to small scale miners,” Joseph Norbert S. David, director of the central bank’s Mint and Refinery Operations Department told an online lecture on Friday. “We’re also […]

BSP calls for law punishing hoarding after seizure of P50M in 1-peso coins 

THE CENTRAL bank is pushing for legislation against coin hoarding following the recent seizure of P50 million worth of coins in Quezon City.  “The Bangko Sentral ng Pilipinas (BSP) is advocating the passage of a law on the hoarding of an extremely large volume of coins, as the central bank believes that the criminalization of this activity reinforces […]

PPP names Ace Durano as Central Visayas head

FORMER Department of Tourism secretary Ace Durano has been named the regional president for Central Visayas of the Partido Pilipino sa Pagbabago (PPP), the party that recently nominated Davao City Mayor Sara Duterte-Carpio as its presidential candidate for the 2022 elections. The appointment paper, signed by PPP founder Leonardo Fernandez, mentions that Durano will represent […]

The Executive Centre Expands Its Central Footprint With The Help Of CBRE By Securing Prime Space In AIA Central

HONG KONG, Aug 26, 2021 – (ACN Newswire via SEAPRWire.com) – As demand for flexible workspaces in Hong Kong continues to grow, Asia’s leading premium flexible office solutions provider, The Executive Centre (TEC), is expanding its portfolio in the City. Assisted by CBRE Hong Kong, the company has secured another prime location in Central to […]

Central Global Bhd Signs MoU with Smart Sabah for Construction of State Ministry of Finance’s Dashboard

KUALA LUMPUR, Aug 25, 2021 – (ACN Newswire via SEAPRWire.com) – Central Global Berhad’s (“Central Global” or “Company”) wholly-owned subsidiary, Central Global Technology Sdn. Bhd. (“CGTSB”) has signed a memorandum of understanding (“MoU”) with Smart Sabah Corporation Sdn. Bhd. (“Smart Sabah”) to discuss the set-up of a joint venture (“JV”) for the construction of a […]

CCMGT (9982.HK) Announces 2021 Interim Results, Revenue Increased 32%, Dividend Payout Ratio Reached 65%

HONG KONG, Aug 16, 2021 – (ACN Newswire via SEAPRWire.com) – CENTRAL CHINA MANAGEMENT COMPANY LIMITED (“CCMGT” or the “Company”, stock code: 9982.HK), a leading property project management company in China, today announces its unaudited interim results ended 30 June 2021(“Review Period”). During the Review Period, benefited from the PRC domestic property sector continued to […]