DoF confident 2021 GDP goal ‘doable’ with 7% fourth quarter

THE Department of Finance (DoF) said it is confident that the economy’s performance in the fourth quarter will be sufficient to help achieve the government’s growth target for 2021. DoF Chief Economist Gil S. Beltran said the 7% fourth-quarter growth needed to hit the revised 5%-5.5% full-year gross domestic product (GDP) target is “doable” and “within […]

MHI Awarded Contract for Six Units of the Outer Vertical Target for the Divertor Used in the ITER in Southern France

TOKYO, Dec 14, 2021 – (JCN Newswire via – Mitsubishi Heavy Industries, Ltd. (MHI) has awarded a first contract from Japan’s National Institutes for Quantum Science and Technology (QST) for manufacture of 6 units of divertor outer vertical target additional components for ITER(1,2), the experimental fusion reactor currently under construction in southern France. The […]

GOME Retail Enters into a Framework Agreement with GOME Management to Provide Management Services

HONG KONG, Oct 11, 2021 – (ACN Newswire via – GOME Retail Holdings Limited (HKEX stock code: 493, “GOME” or “the Company”, together with its subsidiaries, “the Group”) announced today that the Group entered into a Framework Agreement with GOME Management Limited (“GOME Management”) which is wholly owned by the controlling shareholder of the […]

PSA 7 sets up mobile sites for national ID registration

TO ADDRESS the low number of Central Visayas residents who have registered for the national identification system, the Philippine Statistics Authority Central Visayas (PSA 7) conducted mobile registrations in the local government units (LGUs) and institutional registrations in establishments. About 3,343,540 Filipinos have registered for the PhilSys Step 2 as of Aug. 3, 2021 in […]

Elegance Optical subscribes 50% of the enlarged issued share capital of the Target Company for China’s Yantai Liquefied Natural Gas (LNG) Terminal Project investment

HONG KONG, Aug 10, 2021 – (ACN Newswire via – Elegance Optical International Holdings Limited (“The Company”) is pleased to announce that Green Source Global Limited (“the Subscriber”), an indirect wholly-owned subsidiary of the Company, has entered into the agreement with H. Sterling LNG Terminal Holding Limited (“Target Company”) and the Existing Shareholder (“Existing […]

March Customs collections beat target on strong performance by provincial ports

TAX COLLECTIONS by the Bureau of Customs (BoC) in March totaled P54.5 billion, beating the bureau’s target due to stronger-than-expected collections by ports in the provinces. March collections beat the target by 14.2%. They also exceeded year-earlier levels by 22.1%. The 2020 lockdown began in mid-March that year. “The BoC’s positive revenue collection performance is […]

Positive profit alert exceeds expectations Research houses issue upbeat recommendations On Central China New Life

HONG KONG, Feb 8, 2021 – (ACN Newswire) – Central China New Life Limited (Stock Code: 9983.HK) issued earlier a positive profit alert on its 2020 annual results in which it forecast the company’s net profit to increase by no less than 80%. The Company’s strong performance, which exceeded market expectations, subsequently earned “Buy” or […]