Q1 external debt declines

The country’s outstanding foreign debt fell by 1.5% or $1.4 billion to $97 billion at the end of March from end-December, after the National Government redeemed maturing bonds and local banks settled their obligations, according to the Philippine central bank. Year-on-year, the country’s debt stock rose by $15.6 billion after borrowings worth $13.5 billion by […]

SEC clears capital stock hike of AC Energy

The Securities and Exchange Commission has approved AC Energy Corp.’s (ACEN) capital hike, the listed firm told the local bourse on Friday.  ACEN increased its capital stock to P48.40 billion from the previous P24.40 billion, which would pave the way for the asset-for-share swap with AC Energy and Infrastructure Corp. for the latter’s international assets.  […]

Fujitsu Named “Noteworthy DX Company” for 2021

TOKYO, Jun 7, 2021 – (JCN Newswire via SEAPRWire.com) – Fujitsu today announced its recognition as one of Japan’s digital transformation leaders with its selection as a “Noteworthy DX Company 2021” under the Digital Transformation (DX) Stock program jointly managed by Japan’s Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchange. The […]

Volcano IPO Debut Sees Jump of 100% to 70 sen on ACE Market

KUALA LUMPUR, Apr 6, 2021 – (ACN Newswire via SEAPRWire.com) – Volcano Berhad (“VOLCANO”, Stock Code: 0232), a leading international manufacturer of nameplates and plastic injection moulded parts, successfully listed on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) today. From left: Volcano Berhad’s Executive Director/Chief Financial Officer Khoo Boo Wui, Executive Director […]

Joy Spreader to be included in the Hang Seng Composite Small Cap Index and Southbound Stock Connect Trading

HONG KONG, Mar 1, 2021 – (ACN Newswire) – On February 26, Hang Seng Index Company announced that Joy Spreader (06988. HK) would be included in the Hang Seng Composite Small Cap Index, meaning that it will also be soon eligible for southbound trading under Stock Connect (“Shenzhen Connect”). As we know, Southbound Stock Connect […]

SEC strengthens measures against dirty money

By Revin Mikhael D. Ochave, Reporter THE Securities and Exchange Commission (SEC) has approved guidelines that will further promote transparency in the ownership of corporations, which could help prevent money laundering and terrorist financing in the Philippines. In a memorandum circular, the corporate regulator provided measures such as prohibiting the issuance of bearer shares, and […]

Peso climbs on stock market’s rise

THE PESO appreciated against the greenback on Tuesday on risk-on sentiment amid gains in the local stock market as well as signals of likely lower borrowings in the US. The local unit closed at P48.053 per dollar yesterday, gaining 1.2 centavos from its P48.065 finish on Monday, data from the Bankers Association of the Philippines […]

Merger, negative earnings and dampened market sentiment drive BPI’s stock movement

By Ana Olivia A. Tirona INVESTORS sold off Bank of the Philippine Islands (BPI) shares last week with analysts attributing the movement to the release of its fourth-quarter and full-year earnings, its recent merger with a subsidiary thrift bank, and overall negative market sentiment. A total of 12.11 million shares worth P991.46 million were traded […]

Tauriga Sciences, Inc. Signs Major Distribution Agreement with Online Grocer and Wholesaler, Stock Up Express

Stock Up Express (www.stockupexpress.com) Receives More Than 1,000,000 Annual Online Visitors, Consisting of a Diverse Group of Customers NEW YORK, NY, Jan 26, 2021 – (ACN Newswire) – via NewMediaWire – Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a revenue generating, diversified life sciences company, with a proprietary line of CBD & CBG infused Supplement chewing gums […]