Pixar’s Lightyear underwhelms with $51 million debut as Jurassic World stays No. 1

LOS ANGELES — To infinity and beyond? Not exactly… Lightyear, a spinoff story set in Pixar’s Toy Story universe, fell short of that boundless milestone in its box office debut, collecting a lackluster $51 million from 4,255 North American theaters. Family audiences, the movie’s prime demographic, have been largely absent since COVID. But even so, […]

Bangsamoro board approves 3 investments worth P734M

THREE companies have been given the green light for their proposed projects in the Bangsamoro with a combined outlay of over P734 million, the regional investment board announced at the weekend.    These are: P340.8 million from Nama Concrete Philippines Corporation (NAMA) for a pre-mixed cement facility in Sultan Kudarat, Maguindanao; P340.8 million from Mount Kalantungan […]

Seng Fong Holdings Berhad Launches Prospectus for Main Market IPO

KUALA LUMPUR, Jun 14, 2022 – (ACN Newswire via SEAPRWire.com) – Seng Fong Holdings Berhad, a rubber processor producing and trading Standard Malaysia Rubber and premium grade block rubber. Block rubbers produced are sold directly to end-user customers and international rubber traders, majority of which are tyre manufacturers. Seng Fong is enroute to a listing […]

Jurassic World Dominion scores sizzling $143 million debut, Top Gun: Maverick stays strong with $50 million

LOS ANGELES — Jurassic World Dominion stomped to the top of box office charts, scoring a massive $143 million in its domestic box office debut. Despite blistering reviews, the sixth film in Universal’s dinosaur saga is looming large over a sizzling weekend at the domestic box office. It’s only the third time in the pandemic […]

Targeted subsidies, full school reopening to help bring back employment, Neda says

TRAGETED subsidies and the full resumption of face-to-face schooling will help bring back employment in the hardest-hit sectors, the National Economic and Development Authority (Neda) said.The Philippine Statistics Authority reported today that the country’s unemployment rate decreased from 5.8 percent in March 2022 to 5.7 percent in April 2022, the lowest since the start of […]

Jobless rate eases in April

By Bernadette Therese M. Gadon, Researcher The unemployment rate in April slowed to its lowest since the start of the pandemic as the size of the workforce shrank amid the disruptions caused by the ongoing Russia-Ukraine conflict. Preliminary results of the Philippine Statistics Authority’s (PSA) April round of the Labor Force Survey (LFS) on Friday […]

China COVID jitters flare up as parts of Shanghai resume lockdown

SHANGHAI/BEIJING — Shanghai and Beijing went back on a fresh coronavirus disease 2019 (COVID-19) alert on Thursday after parts of China’s largest economic hub imposed new lockdown restrictions and the city announced a round of mass testing for millions of residents. The most populous district in the Chinese capital, meanwhile, announced the shutdown of entertainment […]

PBB books higher Q1 profit

PHILIPPINE Business Bank, Inc.’s (PBB) net income in the first quarter surged by 93.4% to P309.96 million on the improved performance of its core businesses. The bank said in a disclosure to the stock exchange on Thursday that its first-quarter performance went up from the P160.23 million it booked in the same period last year. […]

Leon Fuat Berhad Posts 29% Increase in Revenue to RM273 Million for Q1 FY2022

SHAH ALAM, Malaysia, May 30, 2022 – (ACN Newswire via SEAPRWire.com) – Leon Fuat Berhad, a manufacturer and trader of steel products, specialising in rolled long and flat steel products today released the Group’s financial results for the first quarter ended 31 March 2022 (Q1FY2022) registering a 29.1% increase in revenue to RM273.02 million compared […]

CNERGENZ Berhad Posts RM36.9 Million in Revenue for 1Q FY2022

PENANG, Malaysia, May 27, 2022 – (ACN Newswire via SEAPRWire.com) – CNERGENZ Berhad (CNERGENZ), an established electronics manufacturing solutions provider based in Penang, has announced its financial results for the first quarter ended 31 March 2022 (1QFY2022) today. The Company registered revenue of RM36.9 million for the 1QFY2022, primarily contributed from the sales of standalone […]

Samaiden Group Berhad’s 3Q Net Profit Gains 291% to RM4.19 Million

PETALING JAYA, Malaysia, May 26, 2022 – (ACN Newswire via SEAPRWire.com) – Samaiden Group Berhad, a renewable energy (RE) specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power plants, today announced that Samaiden Group recorded a 385.03% increase in revenue to RM43.80 million for the third quarter […]

Genetec Scales New Heights with Highest Annual Profit to Date

BANGI, Malaysia, May 26, 2022 – (ACN Newswire via SEAPRWire.com) – Technology leader in providing fully customised, intelligent manufacturing automation solutions, Genetec Technology Berhad announced its best annual performance to date for the financial year ended 31 March 2022 (FY2022). The Company recorded RM58.1 million profit after tax (PAT) up 1,420.5% from a loss of […]

Seng Fong Holdings Berhad Signs Underwriting Agreement with Hong Leong Investment Bank

KUALA LUMPUR, May 26, 2022 – (ACN Newswire via SEAPRWire.com) – Seng Fong Holdings Berhad, a rubber processor producing and trading Standard Malaysia Rubber (SMR) and premium grade block rubber, is pleased to announce that the Company has entered into an underwriting agreement with Hong Leong Investment Bank Berhad (HLIB) for its upcoming initial public […]

Two weeks of bidding at New York auctions bring in $2.5 Billion

1 of 10 Jackson Pollock’s Number 31, $54.2 million (painted in 1949 and sold at Christie’s) Jean-Michel Basquiat’s Untitled, $85 million (painted in 1982 and sold at Phillips) Mark Rothko’s Untitled (Shades of Red), $66.8 million and No. 1, $49.6 million (painted in 1961 and 1962 sold at Christie’s) Claude Monet’s Le Parlement, Soleil Couchant, […]

EXPLAINER: Radaza argues she didn’t have anything to do with P25M pork barrel allotted to Girl Scouts Cebu and she signed checks for  P15M  ‘in good faith.’  Sandiganbayan disagrees. Here’s why.

KEY POINTS. [1] Rep. Paz Radaza was found guilty by the Sandiganbayan even though, she argued, she had nothing to do with securing and receiving the funds from the 2002 PDAF (Priority Development Assistance Fund) or pork barrel or getting any of it after it was disbursed by the Girl Scouts of the Philippines (GSP) […]