Hero MotoCorp Partners with Terrafirma to Enter Philippines Market
Hero MotoCorp said on Thursday, 1 August, that it has appointed Terrafirma Motors Corporation, part of the Columbian Group of Companies, as its new distributor...
Tag : Philippines
Philippines and Morocco Start Adopting Aadhaar Structure
A senior official confirmed that the Philippines and Morocco had become the first two countries to start building similar unique identifier systems for their citizens...
GMR Airports, Aboitiz InfraCapital Signs Deal for Divesting Stake in Mactan Cebu Airport
On Friday, GMR Group said it is likely to divest its 40 per cent stake in Mactan Cebu international airport in the Philippines for an...
Lenskart Acquires More Than 50% Stake in Japanese Eyewear Brand Owndays
Lenskart is buying more than fifty per cent stake in Japan’s Owndays Incorporation, a direct-to-consumer eyewear brand. This deal is to create Asia’s biggest online...
India to Export BrahMos Missile to the Philippines
The Philippines has accepted Indian BrahMos Aerospace Pvt Ltd’s proposal of $374.9 million to supply an Anti-Ship Missile System Acquisition Project for its navy. The...
UN Gives $12 Million Funds for Typhoon in Philippines
UN Undersecretary-General for Humanitarian Affairs and Emergency Relief Coordinator Martin Griffiths announced a support fund worth $12 million from the UN Central Emergency Response Fund...
Death Toll From Typhoon in Philippines Crosses 208
The death toll from the typhoon that hit the Philippines has surpassed 208 on Monday, the country’s police said. Almost 239 people were injured, and...
India Gets $87 Billion in Remittances in 2021
India got $87 billion in payments in 2021, the World Bank said in its latest report. “Issues to India are expected to reach $87 billion,...
S&P Global Cuts India’s Growth Forecast to 9.5% From 11%
S&P Global cut its growth forecasts for some of Asia’s top economies including India, the Philippines, and Malaysia on Monday, offsetting upgrades to China and...
Biden Urged to Take Decisive Leadership on Covid-19
In an open letter, a group of eminent global business and policy leaders has urged US President Joe Biden to demonstrate decisive leadership in the...