NextPlay’s NextFin Division Receives Conditional License Approval for Insurance and Re-insurance Offerings

SUNRISE, FL, Dec 1, 2021 – (ACN Newswire via – NextPlay Technologies, Inc. (NASDAQ: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, announced that its NextFin Division has received conditional approval of its general insurance and re-insurance license application from the Labuan Financial Services Authority (Labuan FSA), a growing […]

‘Digitalize or die,’ Trade dep’t tells leaders of small companies

STARTUPS and micro, small, and medium enterprises must be agile in using technology with the consumption of digital services expected to continue into the new normal, a Department of Trade and Industry (DTI) official said. “The drive now is really towards digital transformation, leading to more innovation and application of new technologies in addressing social, […]

LTFRB 7 prepares for f2f college classes in Cebu

WITH college students expected to return to school now that the Inter-Agency Task Force (IATF) on Emerging Infectious Diseases approved a Commission on Higher Education (Ched) recommendation for phased in-person classes in areas under Alert Levels 1 to 3, the Land Transportation Franchising and Regulatory Board Central Visayas (LTFRB 7) has started processing applications for […]

Ayala Corp. nets P9 billion in Q3

Ayala Corp. booked a third-quarter net income of P9 billion, which got a boost from the divestment of thermal assets and Ayala Healthcare Holdings, Inc.’s (AC Health) acquisition of a hospital operator. In a statement, the listed conglomerate said core net income went up 27% year-on-year to P6 billion, fueled by higher contributions from its […]

CLI on track to exceed earnings growth target

Cebu Landmasters, Inc. (CLI) posted an attributable income of P535.96 million in the third quarter, bringing the nine-month figure to P1.85 billion.  In a statement, CLI said its nine-month net attributable income has already surpassed its full-year income of P1.845 billion. For the period ending September, the profit was 23% higher than the P1.5 billion posted during the same period in 2020.   Consolidated revenues grew 34% to P7.66 billion as […]

NextPlay Announces a Request for Proposals for Its Upcoming Suite of Stable Coins

SUNRISE, FL, Nov 5, 2021 – (ACN Newswire via – NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, announces it is seeking partners to power a suite of digital stable coins. NextPlay’s suite of coins will be built on top of recently acquired enabling technologies […]

Business group backs education oversight bill

AN INDUSTRY association backing education reform said Congress and Malacañang must prioritize a bill that proposes to grant legislators oversight over education, which was among the sectors hardest hit by the COVID-19 (coronavirus disease 2019) pandemic. The Philippine Business for Education (PBEd) urged President Rodrigo R. Duterte Thursday to certify as urgent House Bill 10308 […]

Locking guests inside Disneyland shows China’s extreme tactics vs COVID-19

Visitors are seen at Shanghai Disney Resort in China May 10, 2020. — REUTERS/ALY SONG/FILE PHOTO WHILE THOUSANDS of visitors to Shanghai Disneyland on Sunday were queuing for roller coasters and watching fireworks above the fairytale castle, staff quietly sealed the amusement park. People in Hazmat suits streamed in through the gates, preparing to test […]

Philippines logs 5,823 new infections

The Department of Health reported 5,823 coronavirus cases on Friday, bringing the total to 2.7 million.  The death toll rose to 41,520 after 283 more patients died, while recoveries increased by 5,823 to 2.6 million, it said in a bulletin.  There were 66,838 active cases, 79.1% of which were mild, 6.1% did not show symptoms, 4.6% were severe, 8.33% […]

PayMaya to offer ‘sachet-sized’ insurance products

PayMaya Philippines, Inc. partnered with international firm bolttech group to offer “sachet-sized” insurance products and services tailored for the country’s young and underserved market.    The products are under “PayMaya Protect,” which is powered by the insurance exchange platform of bolttech. It may be accessed through the PayMaya app.   “Our initial offers for health insurance and device protection are very relevant now, especially […]