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Fri, November 8, 2024

XPENG’S AI-POWERED P7+ TO CHALLENGE TESLA, EYES CHINA’S AUTONOMOUS DRIVING
MARKET

Oct 15, 2024

The EV maker launched the presale of the P7+ from 209,800 yuan (US$29,500), 10
per cent cheaper than the base model of Tesla Model 3.

CAPITAL A OPTIMISTIC ABOUT EXITING PN17 STATUS BY END-DECEMBER 2024

Oct 15, 2024

KUALA LUMPUR: Capital A Bhd has positive equity and is optimistic about exiting
its Practice Note 17 (PN17) status by the end of December this year, according
to its chief executive officer, Tan Sri Tony Fernandes. Read full story

TESLA OPTIMUS ROBOTS AT CYBERCAB SHOWCASE WERE REMOTELY CONTROLLED BY HUMANS

Oct 15, 2024

The use of human input raises questions over the capabilities and market
readiness of the bot, despite Elon Musk’s enthusiasm.

PETRONAS' EXPLORATION IN SOUTH CHINA SEA WILL CONTINUE, SAYS ANWAR

Oct 15, 2024

KUALA LUMPUR: Malaysia's Prime Minister Anwar Ibrahim on Tuesday reiterated that
state energy firm Petronas will continue to conduct oil and gas exploration
activities in Malaysia's exclusive economic zone in the South China Sea, despite
objections from China. Read full story

CHINA MAY RAISE US$850BIL IN NEW DEBT OVER THREE YEARS TO SPUR GROWTH, SAYS
REPORT

Oct 15, 2024

BEIJING: China may raise an additional 6 trillion yuan ($850 billion) from
special treasury bonds over three years to help bolster a sagging economy
through expanded fiscal stimulus, Caixin Global reported, citing multiple
sources with knowledge of the matter. Read full story

RECENT NEWS

Oct 15, 2024


WALL STREET STOCKS HIT FRESH RECORDS AS OIL PRICES SLIDE

NEW YORK, United States — Global markets shrugged off Monday’s weak data from
China, with some major indices hitting fresh records as traders looked ahead to
corporate earnings later this week. But oil prices fell as markets were
unimpressed with a pledge by China’s finance minister to boost the world’s
second-biggest economy. On Wall Street,

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Oct 15, 2024


BUREAU OF TREASURY FULLY AWARDS T-BILLS

MANILA, Philippines — The Bureau of the Treasury (BTr) fully awarded bids for
Treasury bills (T-bills) during an auction on Monday, October 14. The 91-, 182-,
and 364-day T-bills fetched average rates of 5.444 percent, 5.668 percent, and
5.623 percent, respectively. Last week, the average rates of the 91-,183-, and
364-day T-bills settled at 5.414

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Oct 15, 2024


APECO IN TALKS WITH US, DND TO PUT UP CASIGURAN SEAPORT

MANILA, Philippines — The Aurora Pacific Economic Zone and Freeport Authority
(Apeco) is in discussions with a New York-based company and the Department of
National Defense (DND) to build a seaport within the ecozone in Casiguran,
Aurora. Apeco president and chief executive officer Gil Taway IV said in a
recent interview that he will embark

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Oct 15, 2024


DOLPHIN INTERNATIONAL CHANGES NAME TO OASIS HARVEST

KUALA LUMPUR: Dolphin International Bhd has changed its name to Oasis Harvest
Corp Bhd, with the change taking effect at 9 am on Oct 17. Read full story

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Oct 15, 2024


MAG’S INAUGURAL A330NEO AIRCRAFT DELAYED UNTIL LATE NOVEMBER

PETALING JAYA: The delivery of Malaysia Aviation Group’s (MAG) first A330neo
aircraft has been delayed due to findings identified by Airbus during the flight
line stage. Read full story

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Oct 15, 2024


DICT SEEKS SATELLITE-BASED INTERNET SERVICE PROVIDER FOR ANTIQUE

The Department of Information and Communications Technology (DICT) is looking
for a service provider to roll out satellite-based internet services across 150
locations in Antique as it ramps up connectivity in the provinces. The
government agency issued this month the invitation to bid for the P56.76-million
contract. Interested parties have until Nov. 5 to submit

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Oct 15, 2024


BURSA MALAYSIA RISES FOR A SECOND DAY, BUT SELLING PRESSURE PERSISTS

KUALA LUMPUR: Bursa Malaysia finished higher for the second consecutive day on
Tuesday, but sellers still dominated amid mixed regional markets. Read full
story

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Oct 15, 2024


PALM OIL PRICES SEEN STABLE ABOVE RM4,000/TONNE IN OCTOBER, SAYS MPOC

KUALA LUMPUR: Palm oil prices are expected to remain stable above RM4,000 per
metric ton in October despite ongoing uncertainty in the market, state agency
Malaysian Palm Oil Council (MPOC) said on Tuesday. Read full story

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Oct 15, 2024


EDUCATION TECH FINANCING FIRM MARKS OVER P1 BILLION IN TUITION LOANS

Local education technology financing platform Bukas said it has crossed over the
P1 billion mark in tuition funding for the country‘s youth sector. This
development was the latest milestone for the company, which has seen its local
market grow in value to multiple hundreds of millions of pesos annually. Bukas
president Jon Robert Emlano said

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Oct 15, 2024


SHAKEY'S PIZZA ASIA COMPLETES INCORPORATION OF US SUBSIDIARY

Shakey"s Pizza Asia Ventures Inc. (SPAVI) on Tuesday said it has completed the
incorporation of its new fully-owned subsidiary in the United States, in line
with the company"s plans to expand in the area.

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Oct 15, 2024


WORLDWIDE STAINLESS BUYS BAHRU STAINLESS FROM SPAIN-BASED ACERINOX FOR RM408MIL

KUALA LUMPUR: Worldwide Stainless Sdn Bhd has reached an agreement with
Spain-based stainless steel leader Acerinox SA to acquire Bahru Stainless Sdn
Bhd for a total consideration of US$95 million or RM407.55 million. Read full
story

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Oct 15, 2024


CEBU PACIFIC SEES NEARLY 1M PASSENGERS FOR UNDAS

Gokongwei-led budget carrier Cebu Pacific is expecting a surge in passengers to
book its flights for the upcoming commemoration of All Souls" Day and All
Saints" Day.

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Oct 15, 2024


NOCHE BUENA PRICE GUIDE MAY BE OUT BY NOVEMBER – OFFICIAL

Acting Trade Secretary Cristina Roque on Monday said they are looking to publish
next month this year’s price guide for “Noche Buena” products. This is because
the Department of Trade and Industry (DTI) is still studying whether they will
grant the price adjustments petitioned by manufacturers. “I still have to
discuss with (the) Fairtrade Consumer

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Oct 15, 2024


GMA NETWORK, EMPLOYEES' UNION INK FRESH COLLECTIVE BARGAINING AGREEMENT

The management of GMA Network Inc. on Tuesday signed the 2024 Collective
Bargaining Agreement (CBA) with the GMA Employees Union, which covers three-year
benefits to be given to the personnel of the company.

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Oct 15, 2024


KHAZANAH NASIONAL’S DANA IMPAK TO LAUNCH INITIATIVES TO ADVANCE THE NATIONAL
VENTURE CAPITAL ECOSYSTEM

PETALING JAYA: Khazanah Nasional Bhd will be launching the Emerging Fund
Managers’ Programme (EMP) and the Regional Fund Managers’ Initiative (RMI) under
the National Fund-of-Funds (NFOF). Read full story

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Oct 15, 2024


NNIC PARTNERS WITH PLDT, CONVERGE TO BOOST FREE WIFI AT NAIA

NNIC has partnered with PLDT Inc. and Converge to boost the free WiFi at NAIA.

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Oct 15, 2024


HLIB LAUNCHES FULLY ONLINE ONBOARDING FOR SHARIAH AND FLEXI TRADING ACCOUNTS

PETALING JAYA: Hong Leong Investment Bank (HLIB) announced the launch of a fully
online onboarding experience for customers applying for its accounts and
products. Read full story

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Oct 15, 2024


DA TO REVIVE TRADE REMEDIES OFFICE

The Department of Agriculture (DA) is reconvening the Trade Remedies Office
(TRO) to better address complicated cases while ensuring fair trade practices.
The DA intends to run the TRO as “a specialized and dedicated office” to comply
with the legal and administrative requirements and enhance its capacity to
address trade remedy matters. Trade remedies are

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Oct 15, 2024


5 NEW STARTUPS JOIN IDEASPACE ACCELERATOR PROGRAM

Five startups have been selected for the 12th cohort of Ideaspace Ventures"
flagship accelerator program.

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Oct 15, 2024


AMID WEST PHILIPPINES SEA ROW, NO PH WINDFALL FROM CHINA STIMULUS

The Philippines is unlikely to see a big impact from China’s planned fiscal
stimulus, as the ongoing row over the West Philippine Sea limits Manila’s
exposure to Chinese investments. In a commentary, Japanese investment bank
Nomura said the Philippines and India are the least exposed to China
growth—which can get a boost from Chinese authorities’

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Oct 15, 2024


ASIAN FX LOSES GROUND ON DOLLAR STRENGTH; KEY CENBANK DECISIONS AWAITED

ASIAN currencies faltered on Tuesday, with the Thai baht and Philippine peso
leading the decline, as the U.S. dollar held firm near a two-month peak and
investors grew cautious ahead of a slew of key monetary policy decisions due
later this week. Read full story

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Oct 15, 2024


PAG-IBIG RELEASES P88B IN HOME LOANS FROM JANUARY TO SEPTEMBER 2024

The Home Development Mutual Fund (HDMF), or Pag-IBIG Fund, released about P88
billion in home loans in the first nine months of the year, the state-run firm
reported Tuesday.

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Oct 15, 2024


ASIAN SHARES DEFY WALL STREET'S RISE, OIL EXTENDS LOSSES

SYDNEY: Asian stocks edged lower on Tuesday, contrasting with a strong Wall
Street close and investor optimism about corporate earnings, while the dollar
held near a two-month top, aided by bets on a smaller U.S. rate cut next month.
Read full story

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Oct 15, 2024


STABILISING GROWTH TOPS NATIONAL AGENDA

SECURING stable economic growth while maintaining fiscal viability lies at the
core of China's pursuit of national security amid intensified external
uncertainties and a lingering real estate downturn, leading economists said.
Read full story

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Oct 15, 2024


UUE RECORDS 10.5% REVENUE GROWTH FOR 2Q25

KUALA LUMPUR: UUE Holdings Bhd saw its net profit increasing by 21.2%
quarter-on-quarter (QoQ) to RM6.7mil for its second quarter of the financial
year ending Feb 28, 2025. Read full story

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Oct 15, 2024


SEPTEMBER VEHICLE SALES DROP TO 58,032 UNITS, SAYS MAA

KUALA LUMPUR: Malaysia’s new vehicle sales slid 20% to 58,032 units in September
2024 from 72,367 units in August, according to the Malaysian Automotive
Association (MAA). Read full story

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Oct 15, 2024


PM ANWAR: SEVERAL ASEAN COUNTRIES ALSO INTERESTED IN JOINING BRICS

KUALA LUMPUR: Several Asean countries have shown interest in joining the BRICS
grouping after Malaysia expressed its intention to be part of the economic bloc,
said Prime Minister Datuk Seri Anwar Ibrahim. Read full story

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Oct 15, 2024


OFW REMITTANCES: PINOYS ABROAD SENT $2.885B CASH IN AUGUST 2024 -- BSP

Overseas Filipinos have sent back home nearly $3 billion in cash remittances in
August to support school-related and other expenses of their families in the
Philippines, data released by the Bangko Sentral ng Pilipinas (BSP) on Tuesday
showed.

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Oct 15, 2024


MAXIS TEAMS UP WITH MRCA TO BOOST 5G TECHNOLOGY USE IN RETAIL SECTOR

KUALA LUMPUR: Maxis Bhd has signed a memorandum of understanding (MoU) with the
Malaysia Retail Chain Association (MRCA), which represents 562 Malaysian
retailers, to encourage the adoption of 5G technology solutions to strengthen
the domestic retail sector. Read full story

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Oct 15, 2024


BANKING STOCKS DRIVE FBM KLCI HIGHER AT LUNCH BREAK

KUALA LUMPUR: Gains in banking stocks continued to support the key index on
Bursa Malaysia to close the morning session on a firm note. Read full story

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ALL PRESS

Nov 8, 2024

SAN DIEGO LEMON LAW LAWYER CHRISTIAN SCOTT WINS BIG FOR DEFECTIVE CAR OWNERS

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Nov 8, 2024

RACHELLE LINGAD, RECOGNIZED BY BESTAGENTS.US AS A 2024 TOP AGENT

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Nov 8, 2024

MONICA MARGARETIS, RECOGNIZED BY BESTAGENTS.US AS A 2024 TOP AGENT

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Nov 8, 2024

STACY BRYAN, RECOGNIZED BY BESTAGENTS.US AS A 2024 TOP AGENT

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Nov 8, 2024

GLEN COSPER, RECOGNIZED BY BESTAGENTS.US AS A 2024 TOP AGENT

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Nov 8, 2024

KIMBERLEY RICHARDSON, RECOGNIZED BY BESTAGENTS.US AS A 2024 TOP AGENT

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Nov 8, 2024

RENEÉ BAKER, RECOGNIZED BY BESTAGENTS.US AS A 2024 TOP AGENT

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Nov 8, 2024

WALTER CALVIN DAMPER, DO, REJOINS PHOENIX'S MEDICAL LANDSCAPE TO TRANSFORM
PATIENT EXPERIENCES

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Nov 8, 2024

FAYE JACOBSON, RECOGNIZED BY BESTAGENTS.US AS A 2024 TOP AGENT.

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Nov 8, 2024

MARISSA ROMACK, RECOGNIZED BY BESTAGENTS.US AS A 2024 TOP AGENT

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Nov 8, 2024

CORPORATE ENTERTAINMENT IN WASHINGTON ADAPTS TO HYBRID FORMATS AND DIGITAL TOOLS

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Nov 8, 2024

ASPHALT PAVERS SAN DIEGO - SUPERIOR ASPHALT'S QUALITY PAVING SOLUTIONS

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Nov 8, 2024

RECLAIMING FUNDS FROM GOVERNMENT AGENCY AUDITS: TAXPAYER REFUND RECOVERY UPDATE

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Nov 8, 2024

CLUB CAR WASH PREPARES TO OPEN 200TH LOCATION

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Nov 8, 2024

CSC AND THE NRA HONOR ROBERT BREVELLE WITH RING OF FREEDOM

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Nov 8, 2024

SAB LEAK REPAIRS SAN DIEGO - AFFORDABLE & RELIABLE BY HOMEPRO PLUMBING AND DRAIN

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Nov 8, 2024

AIRBNB RENTALS & COMMERCIAL HOME INSURANCE: IS IT REQUIRED FOR YOUR PROPERTY?

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Nov 8, 2024

2D & 3D ANIMATED EXPLAINER VIDEO CREATION FOR MEDICAL SITE INTRODUCTION ANNOUNCE

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Nov 8, 2024

SF BAY AREA LUXURY PRIVATE LIMO, CHAUFFER SERVICES FOR SPECIAL EVENTS: UPDATE

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Nov 8, 2024

CALIFORNIA EMPLOYMENT AND CLASS ACTION ATTORNEY IAN SILVERS NAMED PARTNER AT
BISNAR CHASE

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