‘Vital reforms’ bring economic milestones to PH, Neda says

STRONG economic management, massive infrastructure buildup, as well as remarkable laws like the Philippine Identification System (PhilSys) or national ID program, Rice Tariffication Law (RTL), and the Ease of Doing Business Law. These are the five significant reforms cited by the National Economic and Development Authority (Neda) that helped the country attain its lowest poverty […]

House approves VP budget

The House committee on appropriations has approved the Office of the Vice-President’s P713.41-million budget for next year.  The panel approved the budget, which is 21% lower, without a hearing — consistent with the tradition of parliamentary courtesy to a co-equal government branch.  Under the spending plan, P139.58 million will go to personnel services, P558.5 million […]

Leon Fuat Berhad Posts 1,110% Jump in Net Profit

Group records RM32.12 million in PAT supported by strong gross profit margin growth SHAH ALAM, Malaysia, Sept 9, 2021 – (ACN Newswire) – LEON FUAT BERHAD (“Leon Fuat” or the “Group”), a manufacturer and trader of steel products, specialising in rolled long and flat products, today announced that the Group registered a 1,110.1% growth in profit after tax (“PAT”) […]

CEKD Berhad Launches Prospectus to Raise RM24.28 Million from IPO

KUALA LUMPUR, Sep 6, 2021 – (ACN Newswire via SEAPRWire.com) – CEKD BERHAD (“CEKD” or the “Group”), a die-cutting solutions provider as well as manufacturer of die-cutting moulds and trader of related consumables, tools and accessories enroute to a listing on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities), is pleased to announce […]

Hektar REIT 2Q Revenue up 4.5%

KUALA LUMPUR, Aug 26, 2021 – (ACN Newswire via SEAPRWire.com) – Hektar Asset Management Sdn. Bhd., the Manager of Hektar Real Estate Investment Trust (“Hektar REIT”), today announced the second quarter results ended 30 June 2021 (“2Q 2021”). Hektar REIT recorded revenue of RM25.71 million, which is 4.5% higher than the RM24.60 million recorded in […]

HYPEBEAST LTD (0150.HK) Delivers Record Q1 Revenue, Up 58% YOY with Momentum Intact, Continues on Expansion Plans

HONG KONG, Aug 23, 2021 – (ACN Newswire via SEAPRWire.com) – The board of directors of Hypebeast Limited (0150.HK) has announced the Group’s unaudited key financial results for the three months ended 30 June 2021 (“FY2022 Q1”). FY2022 Q1 ended on a high note as the business achieved record results for first quarter revenue, gross […]

Quantum Solutions Co., Ltd. establishes joint venture with FOMM Company Limited

HONG KONG, Aug 23, 2021 – (ACN Newswire via SEAPRWire.com) – According to the announcement dated 12 July 2021 in respect of “Notice of Capital and Business Alliance with FOMM Limited”, Quantum Solutions (hereinafter referred to as the “Company”) has agreed to form a capital and business alliance (hereinafter referred to as the “Capital and […]

Central Global Berhad Increases Production Capacity by 250% to Meet Fresh Demand

KUALA LUMPUR, Aug 16, 2021 – (ACN Newswire via SEAPRWire.com) – Central Global Berhad (“Central Global” or “Group”), a producer of industrial masking tapes and label stocks as well as general building contractor, is in the midst of finalizing the purchase of machinery that will triple the Group’s manufacturing arm’s capacity to produce industrial masking […]