Author: News Update

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Philippine Stock Exchange Signs First MoU with Oxford Business Group

The new 2018 report from global research and consultancy firm Oxford Business Group (OBG) maps out the positive impact on the country’s capital market of the decision of Fitch Ratings, Inc. to award the Philippines investment status.

The Report: The Philippines 2018 by OBG will track the new products and services that the Philippine Stock Exchange (PSE) has begun introducing as part of a broader strategic expansion drive aimed at further boosting investor interest. The report analyzes key initiatives such as PSE’s short-selling program to enable investors to hedge and plans to launch a real estate investment trust market.

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Prime Mover, Logistics Leader: The Story of Royal Cargo

Royal Cargo has proven to be more than a logistics provider. Backed by 40 years of experience, the company leads in project and heavy lift, freight and cold chain solutions. Royal Cargo currently has presence in 13 countries outside of its Philippine headquarters and has more than 2,000 personnel.

Leading end-to-end logistics solutions provider Royal Cargo takes pride in its rich history spanning four decades of serving the local market while making a mark in the global arena. The Filipino multinational company is directing its sights toward bigger things as it draws upon a legacy of overcoming challenges.

From its humble beginnings in 1976 with only two people in a rented table space in Makati, the company has expanded to 13 other countries with more than 2,000 personnel. From its early years, the company has established a foothold from northern Luzon to down south in Davao.

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Suzuki Philippines Strengthens Market Footprint in Southern Luzon

Pioneer compact car distributor Suzuki Philippines (SPH) fortifies its market footprint in Southern Luzon with a new dealership, Suzuki Auto Batangas.

Strategically located along the diversion road in Barangay Balagtas, Batangas City, the new dealership opened last May 24 and is expected to boost Suzuki’s presence and influence in the area. Much like the recently inaugurated Suzuki Auto Taytay, Suzuki Auto Batangas is categorized as a 3S dealership covering sales, spare parts and services.

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Synology® Announces DiskStation DS1618+

TAIPEI, Taiwan—Synology® Inc. today launched DiskStation DS1618+, a 6-bay NAS featuring the Intel Atom® C3538. For tech enthusiasts and small to medium sized businesses, DS1618+ is the perfect all-in-one solution for file serving, application hosting, data backup, and real-time collaboration — all aided by its exceptional performance.

DS1618+ is powered by a quad-core Intel Atom® processor C3538 and 4GB DDR4 non-ECC SODIMM, expandable up to 32 GB in ECC SODIMMs. The storage capacity can be upgraded to 192TB when connected to two DX517 expansion units, providing fast-growing companies a data storage solution that scales with their business.

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Conduent Appoints Rishi Pradhan as CEO of the Philippines and Malaysia

Conduent Incorporated, the world’s largest provider of diversified business services, has named Rishi Pradhan as Chief Executive Officer for all of Conduent’s operations in the Philippines and Malaysia. Rishi has been serving as interim leader for these countries since November 2017 and prior to that was Finance, Accounting & Procurement (FA&P) Service Delivery Leader for the Philippines, responsible for all the FA&P services delivered to the company’s clients from the Philippines.

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