Insurers urge IC to postpone hike in capital requirement

INDUSTRY LEADERS urged the Insurance Commission (IC) anew to postpone the mandated increase in their minimum capital set for this year’s end, saying many companies are still far from meeting the higher requirement. Philippine Insurers and Reinsurers Association (PIRA) Chairman Edgardo D. Rosario and Etiqa Philippines Chief Executive Officer (CEO) and Philippine Life Insurers Association […]

Fujitsu and Salesforce Japan start collaboration on healthcare solutions for the Japan market

TOKYO, Jun 21, 2022 – (JCN Newswire via – Fujitsu and Salesforce Japan Co., Ltd. (hereinafter Salesforce Japan) today announced the start of a collaboration to create new digital solutions for the healthcare sector in the Japan market. The two companies will promote this initiative by leveraging Fujitsu’s expertise in the trusted handling of […]

PSE aims for better stock liquidity after ‘investor day’

THE Philippine Stock Exchange (PSE) is hoping that its upcoming “investor day” event will improve liquidity among non-PSE index companies should new investors come in and prompt follow-on offerings. “We are pleased to offer a platform for these non-PSE index and recently listed companies to come together to provide relevant corporate information and developments to […]

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 […]

DENR to watch Tampakan closely after province lifts open-pit ban

THE Department of Environment and Natural Resources (DENR) said it will closely monitor the Tampakan open-pit copper-gold project in South Cotabato to ensure its compliance with rules protecting the environment. “The environment will not be sacrificed. We will see to it that the soon-to-commence Tampakan copper-gold project will be strictly monitored in compliance with applicable […]

ICT-BPM summit to tackle work-from-home issue, hopes new admin to adopt hybrid model permanently

THE work-from-home (WFH) scheme currently being implemented in the business process management (BPM) space will take center stage in one of the discussions during this year’s information and communications technology (ICT)-BPM Summit happening in June.Joslyn Canon, vice chairperson of the Cebu Business Month 2022, admitted that the mandatory return to work order after April 1, […]

Fujitsu and Teikoku Databank to Conduct Joint Trial of “Japanese electronic seal” to Deliver Verified Digital Documents Between Multiple Companies FP

TOKYO, Mar 31, 2022 – (JCN Newswire via – Fujitsu Limited and Teikoku Databank, Ltd. (hereinafter TDB) today announced Japan’s first trials on the application of a Japanese version of an electronic seal (Japanese electronic seal)(1) to verify the authenticity of companies issuing digital documents starting April 1, 2022. Trial overview In the jointly-managed […]

LIMA Tower One looks to attract BPO companies

LIMA Tower One is set to become the first office tower registered with the Philippine Economic Zone Authority (PEZA) within the 794-hectare LIMA Estate in Lipa-Malvar, Batangas. Aboitiz InfraCapital recently appointed Leechiu Property Consultants (LPC) as the exclusive broker of the 11-storey office tower. Currently under construction, LIMA Tower One offers a gross leasable area […]

JTOWER and DOCOMO Agreed to the Master Transaction Agreement for Infra-Sharing of Existing Telecommunications Towers

TOKYO, Mar 25, 2022 – (JCN Newswire via – JTOWER Inc. (“JTOWER”) and NTT DOCOMO, INC. (“DOCOMO”) have announced today that the companies have decided to enter into the master transaction agreement with the aim of promoting Infra-Sharing of DOCOMO’s existing towers. The contract will enable the companies to make a transaction in which […]

Commonwealth Insurance tops nonlife companies in terms of bond performance

COMMONWEALTH INSURANCE Co. (CIC) topped nonlife insurers in terms of bond performance in 2020, the Insurance Commission (IC) reported on Wednesday. The list ranks nonlife insurance companies on premiums on direct or bond business or premiums for bonds received by insurers before considering reinsurance ceded. CIC had the highest bond earnings in 2020 at P447.45 […]

Biogen and Eisai Amend Collaboration Agreements on Alzheimer’s Disease Treatments

CAMBRIDGE, Mass., and TOKYO, Mar 15, 2022 – (JCN Newswire via – Biogen Inc. (Nasdaq: BIIB) and Eisai Co., Ltd. announced today that the companies have amended their existing collaboration agreement on aducanumab, which is commercialized in the United States as ADUHELM (aducanumab-avwa). Effective as of January 1, 2023, Eisai will receive a tiered […]

SCSK and NEC Strengthen Collaboration to Accelerate Customers’ DX and Business Growth

TOKYO, Mar 10, 2022 – (JCN Newswire via – SCSK Corporation (TSE: 9719) and NEC Corporation (TSE: 6701) today announced that they will strengthen collaboration in the data center and network business to accelerate customers’ DX and grow their businesses. As part of this effort, the companies will establish SCSK NEC Data Center Management, […]

MDRT Expands Definition of Success in the Profession with New Awards and Rankings

HONG KONG, Mar 9, 2022 – (ACN Newswire via – MDRT, The Premier Association of Financial Professionals, has added to the portfolio of honors available for exceptional members – and their companies. MDRT has redefined and added new categories within its annual Company Rankings to recognize companies including those from Hong Kong that successfully […]

DBS, Olam International and Marriott Vacations Club share top honours as Kincentric Best Employers in Indonesia for 2021

Jakarta, Indonesia, Feb 10, 2022 – (ACN Newswire via – DBS, Olam International and Marriott Vacations Club Worldwide have emerged as Indonesia’s Best Employers in 2021, according to Kincentric’s premium assessment that identifies organisations who demonstrated outstanding people practices and workplace excellence. DBS has earned the honours for the third consecutive year, Marriott Vacations […]

Fujitsu Named to FORTUNE Magazine’s 2022 List of “World’s Most Admired Companies” for Fourth Year Running

TOKYO, Feb 7, 2022 – (JCN Newswire via – Fujitsu today announced that it has been named to FORTUNE Magazine’s 2022 list of “World’s Most Admired Companies” for the fourth year in a row. This year, 635 companies were nominated from 29 countries as the “World’s Most Admired Companies,” of which 333 were selected […]