EQS Newswire / 15/11/2022 / 23:45 EST/EDT Elektros Initiates Discussions with Italian Luxury Car Design Firm Pininfarina SUNNY ISLES BEACH, FL / ACCESSWIRE / November 16, 2022 / Elektros (OTC PINK:ELEK), an emerging leader in the electric mobility industry, announced it has begun talks with Pininfarina, one of Italy’s premier luxury car design and production companies. […]
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NBI 7 releases 23 security guards who ‘harassed’ Umapad landowners
THE National Bureau of Investigation-Central Visayas (NBI 7) has released the 23 private guards who were allegedly contracted to harass landowners in Purok Tambis, Barangay Umapad, Mandaue City.Related story: NBI 7 takes 23 guards into custody for ‘harassing’ Mandaue landowners, confiscates 21 unlicensed firearmsArnel Pura, the NBI agent in charge of investigating the case, said […]
PHL economy seen to grow by 6% this year but still vulnerable to pandemic disruptions
THE PHILIPPINE ECONOMY will likely grow at a faster pace than expected this year even as it remains vulnerable to pandemic-related disruptions, GlobalSource Partners, Inc. said. The New York-based market research firm said the country’s gross domestic product (GDP) will expand by 6% in 2022, higher than its previous 5.5% forecast. “Considering expanding vaccination coverage […]
Bizwoman sues DOE execs, 3 others before Ombud
A BUSINESSWOMAN has sued three officials from the Department of Energy (DOE) Visayas Field Office and a police official after they raided her firm in Carmen town, Cebu for allegedl…
Pacer Ventures announces Pacer Labs, Pan-African software development firm
LAGOS, Oct 4, 2021 – (ACN Newswire via SEAPRWire.com) – Sub-Saharan Africa venture firm Pacer Ventures is set to further unlock the power of digital transformation in Africa with the launch of Pacer Labs, a software development firm born to support the African digital ecosystem and the growth of forward-looking organisations by harnessing the power […]
Phoenix, Grab to reward cashless payments
INDEPENDENT oil firm Phoenix Petroleum Philippines, Inc. is partnering up with Grab’s mobile wallet service to launch a fuel cashback program for consumers and motorists who pay through cashless transactions. In an emailed statement on Monday, the Dennis A. Uy-led firm said it will offer P50 worth of cashback credits for every P500 worth of […]
Crypto Financial Services Firm Blofin Raises US$12 Million Series A2 Led by KuCoin Eco Fund
BEIJING, Sep 27, 2021 – (ACN Newswire via SEAPRWire.com) – Crypto financial services firm Blofin has raised US$12 million in a series A2 round of financing, led by KuCoin Eco Fund, followed by Matrix Partners, Lingfeng Capital and Fenbushi Capital. In March of this year, Blofin finished a US$10 million A+ round of financing led […]
E-commerce firm Great Deals raises P1.4 billion
GREAT Deals E-Commerce Corp. announced on Wednesday that it raised $30 million (P1.4 billion) in its Series B funding round led by logistics firm Fast Group. The Philippine-based e-commerce company will deploy this growth capital in technology development and the construction of an automated fulfillment center, Great Deals said in an e-mailed statement. “Both [are] […]
BIR 7 padlocks hardware firm in Liloan
A HARDWARE company based in Barangay Catarman, Liloan town was ordered closed by the Bureau of Internal Revenue (BIR) 7 for failing to pay taxes and for allegedly selling substandard materials. Personnel from the BIR 7 led by Chief Revenue Officer Nico Lim implemented the temporary closure order against Cebu Grand Dragon Marketing Corp. on […]
Citicore Power earmarks P4-B for solar, hydro projects
Renewable energy developer plans country’s ‘first power REIT’ offering By Angelica Y. Yang RENEWABLE energy firm Citicore Power, Inc. has allocated P4 billion in capital expenditures (capex) for solar and hydro projects, as the firm plans to list a power portfolio in the local bourse this year, the firm’s top official said. “A total of […]
Buskowitz seeks to raise up to P1-B for solar rooftop projects
By Angelica Y. Yang BUSKOWITZ Energy is looking at raising around P1 billion for solar rooftop projects this year, about 40% of which would be funded by a local company, the renewable energy developer’s top executive said. “Our initial idea is to raise a billion [pesos], maybe a little less, given that it’s already February. […]
Concentrix readies vaccination plan for staff nationwide
OUTSOURCING firm Concentrix Philippines plans to offer coronavirus disease 2019 (COVID-19) vaccinations to its 100,000 staff nationwide. The company has put in an initial order of 50,000 doses from pharmaceutical firm AstraZeneca, half of which will be donated to priority sectors identified by the government. The AstraZeneca vaccine was found to have an efficacy rate […]