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Businessman Lester Yu’s Balai ni Fruitas, the bakery and beverage arm of listed Fruitas Holdings, closed in the red on its trading debut on Thursday amid a general market selloff. Balai ended the session down 7.14 percent to P0.65 versus its initial public offering (IPO) price of P0.70 per share. The company rose as much as 18.6 percent earlier in the session but was … [Read more...] about Balai ni Fruitas debuts amid market selloff

The benchmark Philippine Stock Exchange Index (PSEi) surrendered most of the gains over the past four sessions on Thursday after Finance Secretary Benjamin Diokno warned inflation could reach up to 6.5 percent in June. The PSEi fell 2.34 percent, or 147.76 points, to 6,155.43 while the broader All Shares index sank 1.56 percent, or 52.89 points, to 3,336.23. Price increases … [Read more...] about PSEi dives as inflation concerns welcome Bongbong Marcos

Real-time roadside assistance to ease customer anxieties HAVING a flat tyre is not only an annoyance, it can also be dangerous – especially when you’re waiting by the roadside for help. It can become a difficult situation if you are not able to fix yourself, like a simple tyre change. Perhaps you are not the type of person who keeps extra tools in the car boot in case of … [Read more...] about ETIQA LAUNCHES AUTO ASSISTANCE LOCATION TRACKER

LONDON (Vietnam News/Asia News Network): Vietnam is willing to create all favourable conditions for UK investors to operate in the South-East Asian country, National Assembly (NA) Chairman Vương Đình Huệ told UK Secretary of State for International Trade Anne-Marie Trevelyan during their meeting on Wednesday (UK time). Huệ is on an official visit to the UK from June 28-30 at … [Read more...] about Vietnam and UK pledge to boost trade ties

SEREMBAN: A 34-year-old businessman was fined RM100,000 in default 24 months' jail after he pleaded guilty to a charge of giving a RM200,000 bribe to a policeman. Mohd Zaed Asan did not contest the charge after it was read to him before Sessions Court judge Rushan Lutfi Mohamed here on Thursday (June 30). The court also ordered that the RM200,000 bribe money be forfeited in … [Read more...] about Businessman fined RM100K for trying to bribe policeman