Philippine real estate developer Megaworld Corporation would be adding PHP10 billion to its PHP25 billion development fund for the 72-hectare Iloilo Business Park located in the Visayas region.
Consumer Electronics
Trader pays USD5.2 million settlement for Smithfield insider trading case
A Thailand based trader was ordered to pay USD5.2 million to settle civil charges filed against him for publicly trading call options and single stock futures before the announced acquisition plan of Shuanghui International Holdings for Smithfield Foods Corp.
Wishabi raises USD15 million in Series B round
Wishabi's digital circular platform is what investors saw fit to be capitalized in its Series B round.
MDIS gives MYR300 million to construct Malaysia extension
The Management Development Institute of Singapore (MDIS) would be investing MYR300 million of its money to construct a large campus at Educity, Nusajaya.
Bregal Partners acquires US Community Behavioral
Private investment firm Bregal Partners announced the purchase of US Community Behavioral LLC. Bregal Partners had announced the acquisition of US Community Behavioral LLC.
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In a town hall meeting, Jeff Bezos reassured the editorial staff of his recently purchased Washington Post of optimism in the digital age and continued independent journalism.
Dixons said it would pay EUR 69 million to mutares AG for the latter's acquisition of PIXmania.
Cathay Pacific Airways Ltd. released an exchange statement today, voicing out its opposition against Qantas Airways Ltd. (QAN)'s Hong Kong budget carrier venture with China Eastern Airlines Corp. and gambling tycoom Stanley Ho.
The acquisition of Hawaiian Beach Rentals and Vacation Rental Agent by VacationRoost Group expands the client services available to the public.
Bridgepoint Advisers Ltd. announced it hired Goldman Sachs for the sale of its Dutch textbook firm asset.
Eastman Kodak Co. Chief Executive Antonio Perez said that the company's balance sheet post-bankrupty and its restructuring would lead the imaging and photographic equipment maker to the road of financial success.
The Chief Executive Officer of Italian fashion brand Salvatore Ferragamo saw no reason to sell, quelling speculations of a possible buyout.
Almarai Co would be issuing the first sukuk bond issue with four banks to be arranging the investor meetings.
Yucaipa Cos. and billionaire Ron Burkle filed a letter to Morgans Hotel Group Co. Chairman Jason Kalisman demanding the sale of the New York-based hotelier.
