In the Philippines, Sky Tower and T3 Technology penetrate broadband internet and IoT

STOWER has partnered with T3 Technology, Thailand's premier technology company, to develop the Philippines' broadband Internet and IoT industries, with revenue projections of more than 3 billion Baht in three years.

"Sky Tower" has partnered with T3 Technology, a leadi...

Singapore Beat Philippines

The Singapore women are recently acing at the floorball game. They earned titles back-to-back at the AOFC i.e., Asia Oceania Floorball Confederation. The women team representing Singapore won from Philippines and scored 4-1 in the last round. Both the teams, Philippines and Singapore played the f...

Alex Eala will not be able to defend his championship after falling short in the W25 Thailand quarterfinals

MANILA, Philippines (AP) — Alex Eala said farewell to her second leg title ambitions after falling in the quarterfinals of the W25 Chiang Rai event on Friday at the Chiang Rai Sports Center in Thailand.

The Filipino sensation was defeated by Japanese Erika Sema, 3-6, 6-2, 3-6, mis...

More measures are being advocated to protect vulnerable industries

While targeted subsidies to sectors worst hurt by high fuel costs would be an efficient short-term fix, the World Bank recommended the Philippines and its neighbours implement further agricultural reforms to keep food prices steady in the long run.

Ndiamé Diop, World Bank country...

Japan and Philippines to conduct two-plus-two security talks

The leaders of Japan and the Philippines are considering the launch of security talks involving the foreign and defense ministers of both the countries. These talks are held to strengthen their cooperation in order to deal with China's growing maritime assertiveness in the region.

HONG KONG WILL NOT OBLIGATE FOEIGN DOMESTIC WORKERS TO BE VACCINATED

Highlights –

• Hong Kong will not obligate foreign domestic workers to be vaccinated.
• Most of the domestic workers in the country come from Indonesia and the Philippines.
• Indonesia and the Philippines are both severely impacted by the p...

CHINA'S MARITIME MILITIA VESSELS IN SOUTH CHINA SEA, A MATTER OF CONCERN FOR US & PHILIPPINES

Highlights

• The United States and the Philippines have raised concerns over the presence of maritime militia vessels of China near the Whitsun Reef in the disputed South China Sea

• The US National Security Advisor Jake Sullivan and his Philippine counterpart, Hermo...

CEASE-AND –DESIST ORDER AGAINST FRAUDULENT BINANCE FIRM

Highlights:

•        The firm called Delta Crypt limited has already been warned by Philippines Securities

•        The Texas securities watchdogs have issued  cease and desist order

GLITCH IN PDAX, PHILIPINO CRYPTO EXCHANGE, SELLS BTC AT 88% DISCOUNT

Highlights:

•          Pdax suffers glitch due to over trading and volatility

•          Ends up selling BTC at a discounted rate of 88%

 A major glitch in the Pd...

TOKYO GAS CO. AND PHILIPPINES FIRST GEN CORP. TO JOIN IN BUILDING LIQUEFIED NATURAL GAS

Highlights –

• Tokyo Gas Co. and Philippines First Gen Corp. to join in building liquefied natural gas.
• Both the companies plan to launch the construction work in the second half of 2022.
• Tokyo Gas Co. is planning to take on 20 percent ...

MITSUBISHI ELECTRIC CORP. TO DELIVER THE PHILIPPINES AN AIR RADAR SYSTEM

Highlights –

• Mitsubishi Electric Corp. to deliver the Philippines an air radar system.
• This will be Japan’s first export of a newly made defense product.
• Mitsubishi Electric will transfer four radars to the Philippines.
...

PHILIPPINES BEGIN CLINICAL TRIALS OF THE JAPANESE ANTI-FLU DRUG AVIGAN TO TREAT COVID-19

Highlights –

• Philippines begin clinical trials of the Japanese anti-flu drug Avigan to treat COVID-19.
• The trial is set for a period of 90 days at present.
• The clinical trials will be held in just four hospitals in Metro Manila at pr...

JAPANESE FINANCIAL GROUP MITSUBISHI TO DONATE $3.75 MILLION TO SOUTHEAST ASIAN STUDENTS

Highlights –

• Japanese financial group Mitsubishi to donate $3.75 million to Southeast Asian students.
• The aid is for the students affected by the COVID-19 pandemic.
• Japan’s Thailand, Philippines, Indonesia, and Vietnam student a...

P24-B Loan SIGNED BETWEEN PHILIPPINES AND JAPAN

HIGHLIGHTS

• Philippines and Japan have signed an agreement according to which, Philippines would receive P24-billion from Japan.
• Terms of agreement stipulate economic relief to Filipinos who were affected by the global health crisis.

...

WIRECARD’S MISSING MONEY MAY NOT EXIST AFTER ALL

Highlights –

• Wirecard mentions that the missing money may not exist after all.
• Wirecard’s chief executive quit on Friday amid scandal.
• Central Bank of the Philippines denied receiving any money from Wirecard.
• The miss...

PHILIPPINES CENTRAL BANK DENIES RECEIVING ANY MONEY FROM WIRECARD

Highlights –

• Wirecard, German payment company under scandal.
• Wirecard seems to have been missing a sum of $2.1 billion.
• Philippines Central Bank denies allegations of being connected with the scandal.
• The Central Bank has n...

PHILIPPINES BRANCH OF HONDA TO BE CLOSED DOWN

Highlights:

• The production plant of Japan’s auto manufacturer is shutting down its Philippines branch
• The profit lines have reduced significantly in the last two years

Honda is the third-largest auto manufacturer in Japan. The ...

Tourism outlets in the Philippines open and ready for foreigners: Bernadette Romulo

Bernadette Romulo- Puyat, Secretary of tourism in the Philippines has assured the tourists that the land of Philippines is safe to visit and there is no local transmission in the country, after the growth of fear to travel to places like Japan and Taiwan, the Philippines has decided to intensify ...

KFC to Give Out Franchisees in the Philippines. 

KFC Philippines in November 2019 has signed a deal with KFC Asia that allows it to start distributing franchisees for their brand in the Philippines. Managing daily operations, selecting a location for the store, and equipping all the franchisees with necessary equipment is the crucial help the f...

Taal Volcano: Aid to be received by Philippines from the UAE.

Taal Volcano, the second most active volcano in the Philippines, is located on Luzon Islands, in the province of Batangas. There have been a total of 33 eruptions of this volcano recorded in history. The latest massive volcanic eruption happened on January 12, 43 years after the last eruption in ...