HONG KONG, Dec 6, 2022 – (ACN Newswire via SEAPRWire.com) – The Hong Kong Export Credit Insurance Corporation (HKECIC) and the Hong Kong Trade Development Council (HKTDC) have, for the first time, jointly released a survey study (Hong Kong – the Business Platform to Capitalise on Greater Bay Area Opportunities in the Post-pandemic Era). Dr […]
Seoul, Korea, December 02, 2022 – (SEAPRWire) – Korean startup CloudN Co., Ltd., which is working towards a sustainable future with its ‘Building Energy Management System,’ announced that it has entered the Thailand market with support from the Korean government and NIPA (National IT Industry Promotion Agency). CloudN hosted a demonstration session on the application of its energy management platform on […]
THE return of face-to-face classes dampened demand for tablets in the Philippines in the third quarter, according to the International Data Corp. (IDC). “The Philippines tablet market declined 11.6% quarter on quarter in the third quarter, and was almost flat compared to last year,” the market intelligence company said in a report issued on Nov. […]
LOCAL EQUITIES are expected to trade with a downward bias this week as investors are expected to pocket their profits as they await fresh catalysts. The bellwether Philippine Stock Exchange index (PSEi) gained 76.43 points or 1.17% to end at 6,606.94 on Friday, while the broader all shares index went up by 30.40 points or […]
VENDORS at the Tabunok Public Market in Talisay City who are caught cheating their customers will no longer be allowed to sell. Their permits will not be renewed if they are the subject of complaints and are found to be guilty, said market head Arnie Dela Torre. Thirty weighing scales with inaccurate weight readings and […]
PHILIPPINE SHARES may move sideways this week as investors could pocket profits from the market’s recent rise amid a lack of leads. The bellwether Philippine Stock Exchange index (PSEi) gained 33.64 points or 0.52% to end at 6,437.38 on Friday, while the broader all shares index went up by 8.03 points or 0.23% to 3,396.63. […]
THE INDEPENDENT Electricity Market Operator of the Philippines (IEMOP) said it hopes to launch Mindanao’s wholesale electricity spot market (WESM) by the first quarter of next year. In a virtual briefing, Isidro E. Cacho, Jr., IEMOP’s head of Corporate Strategy and Communications, said the launch could precede the energization of the Mindanao-Visayas Interconnection Project (MVIP). […]
THE Independent Electricity Market Operator of the Philippines (IEMOP) said electricity spot market prices in early November declined by P1.14 per kilowatt-hour (kWh) to an average of P8.08 per kWh, from P9.22 in October. Christian Karla A. Rica, IEMOP knowledge management specialist, said in a virtual briefing on Wednesday that supply levels trended upward in […]
HANOI, Vietnam, Nov 10, 2022 – (ACN Newswire via SEAPRWire.com) – The 14th Annual Global CSR & ESG Summit & Awards 2022, which ended on a high note with a full house turnout, was held for the first time at Hanoi, Vietnam. Organized at the JW Marriott Hanoi, the conference kickstarted with the sumptuous and […]
Demands from developing countries for richer nations to help them pay for the damage caused by climate change and fund the shift towards a low-carbon future look set to dominate the next round of global climate talks starting in Egypt on Sunday. Despite repeated calls for more help, actual financing offered to date has come […]
GROWTH will likely slow as the Philippines grapples with rising prices, the peso’s depreciation, and a broader slowdown in other economies, according to an economist. “Domestically we are facing the triple threat of surging prices, rising borrowing costs and elevated debt levels. Slower global trade and the impact on remittances should sap growth momentum even […]
LISTED firm Medilines Distributors, Inc. expects 43% revenue growth from dialysis consumable products and better margins on its planned expansion into the dialysis consumable market. “There is a significant opportunity to service the dialysis market in the Philippines, and Medilines is moving quickly to be a leader not just on the equipment side, but also […]
THE Independent Electricity Market Operator of the Philippines (IEMOP) said the average electricity spot market price in early October rose to P9.31 per kilowatt-hour (kWh) from P9.12 per kWh in September and P7.26 per kWh in August. IEMOP considers the September average to be the high for the year, with October results still partial and […]
PHILIPPINE SHARES are expected to move sideways with a downward bias this week as US inflation data cemented bets of another aggressive rate hike from the US Federal Reserve next month and as focus shifts to companies’ third-quarter financial results. The benchmark Philippine Stock Exchange index (PSEi) gained 9.11 points or 0.15% to close at […]
WASHINGTON — Japanese Finance Minister Shunichi Suzuki reiterated the government’s readiness to take “appropriate action” against excessive currency volatility in the wake of the yen’s fall to 32-year lows driven by red hot US inflation data. “We cannot tolerate excessive volatility driven by speculative moves. We’re watching market developments with a strong sense of urgency,” […]
BUSINESS establishments in the cities of Mandaue and Lapu-Lapu have initiated efforts to provide customers the option for digital transactions and cashless payments. In Mandaue City, around 60 stalls at the Mandaue City Public Market have started accepting payments through Gcash. In a report provided by the Mandaue City Public Information Office on Friday, Oct. […]
New York, NY, October 05, 2022 – (SEAPRWire) – MMPRO (Market Making Pro) together with Gate.io implements one of the unique ways to use NFT as a startup panel tool. Market Making Pro dates back to 2016, since then more than 500 companies have become clients, and the capitalization of projects under Marketmaking.pro management exceeded 10 billion dollars. They have a great […]
HONG KONG, Oct 6, 2022 – (ACN Newswire via SEAPRWire.com) – On October 6, CALB Co., Ltd. (3931.HK), a giant in the EV battery industry, was officially listed on the Hong Kong Stock Exchange and became the first new energy EV battery enterprise in Hong Kong. During the offering period, the first day of the […]
THE Bangko Sentral ng Pilipinas (BSP) has appealed to the public “not to take undue advantage” of changing market conditions following the further weakening of the peso against the US dollar. Peso closed Wednesday, Oct. 5 at P58.65 against $1, an improvement from P59 against the greenback on Tuesday, Oct. 4. “We ask those who […]
PHILIPPINE SHARES declined further on Tuesday on selling pressures amid Wall Street’s decline and the aggressive stance of the US Federal Reserve that pushed the peso lower. The benchmark Philippine Stock Exchange index (PSEi) lost 239.47 points or 3.82% to close at 6,020.07 on Tuesday, while the broader all shares index dropped by 107.06 points […]