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PHILIPPINES UPS STAKES
Fishermen are being pushed to the brink by fuel costs in Southeast AsiaRising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...
Tech Mahindra to buy 85% in Canada’s Avant Techno SolutionsTech Mahindra is acquiring an 85% stake in Canadian wealth management firm Avant Techno Solutions for CAD 28 million. This strategic move a...
Philippines Vice President Sara Duterte declares 2028 presidential run amid impeachment threatPhilippine Vice President Sara Duterte declared her presidential bid for 2028. She is in a bitter dispute with President Ferdinand Marcos. ...
What is the Scarborough Shoal and what is China planning there?Philippines objects to China's plan for a nature reserve at Scarborough Shoal. This shoal is a contested area in the South China Sea. It is...
China gets recklessly violent in the South China SeaTwo Chinese warships collided in the South China Sea near Scarborough Shoal. The incident occurred within the Philippine exclusive economic...
South China Sea: Why are China and Philippines tensions heating up?An escalating diplomatic row and maritime incidents between China and the Philippines have heightened tensions in the South China Sea. Chin...
Philippines ups stakes in China row, vows countermeasures to coastguard 'attacks'The Philippines plans to implement countermeasures against what it calls "illegal, coercive, aggressive, and dangerous attacks" by China's ...
Philippines says more than 135 Chinese boats 'swarming' reef off its coastThe Philippines said Sunday more than 135 Chinese vessels were "swarming" a reef off its coast, describing the boats' growing presence as "...
China demands Philippines remove grounded ship from disputed watersChina has once again asked the Philippines to remove a ship from a reef in the South China Sea, which Manila has used to stake a claim on t...
GMR Megawide ties up funds for Philippines airport projectGMCAC shall be responsible for construction, development, renovation, expansion and operation of the Mactan Cebu International Airport for ...
GMR, partner highest bidder for Philippines airport development"The Philippines authority opened the bids today and ours is the highest one. However, they are yet to officially communicate to us," a GMR...
Overseas acquisition will not drag growth: Shriram CapitalShriram Insurance is hopeful that the acquisition will supplement the growth of the consolidated entity.
- Four Navy ships in SouthChina Sea to mark Indian presence
Despite getting out of oil exploration blocks in the South China Sea, India is keen to maintain a strong role for itself in the region.
- Intelent plans IPO, ropes in Barclays as stakeholder
Global financial services firm Barclays Bank today picked up 12.75 per cent stake in BPO company Intelenet Global Services which is plannin...
- Barclays acquires 12.75% stake in Intelenet
Intelenet Global Services today said British banking group Barclays has picked up 12.75 per cent stake in its holding company SKR BPO Servi...
- Jiangxi Group to build Philippines nickel processing plant: Partner
China's Jiangxi Rare Earth and Rare Metals Tungsten Group Corp. is to build a pilot nickel-cobalt ore processing plant in the Philippines, ...
- PGCIL, 3 others to submit final bids for TransCo
TransCo is being valued at $ 4 bn and 20 per cent in the utility could mean PGCIL spending nearly $ 800 mn for the stake.Business week in p...
- Power Grid Corp, 3 others to submit final bids for TransCo in mid-December
Country's largest power transmission utility Power Grid Corp is pitched against three companies from Italy, Malaysia and China to secure a ...
- PGCIL to open office in Dubai; eyes stake in Transco at $800mn
PGCIL is eyeing up to 20 per cent stake in Philippines' transmission company, estimated to cost $800 million, while setting up an office fo...
- Japan’s Orix to pick 5% in IL&FS arm for Rs 36 crore
Japanese financial services giant Orix is picking up a 5% stake in IL&FS Securities Services (ISSL) for Rs 36 crore.