This coming 2021, a massive leadership model is underway at the oldest conglomerate in the world. Ayala Corporation stated that Jaime Augusto Zobel de Ayala will leave his position as chief executive in a disclosure to the stock exchange but will stay as company chairman. In view of this Jaime will be succeeded by Fernando Zobel de Ayala, his younger …

For its next five-year action plan, the Asean Capital Markets Forum (ACMF) prioritizes transparency, regulatory harmonization, and capital building, with the objective of sustainably growing regional capital markets and promoting transactions in the field of environmental, social, and governance (ESG).Ruenvadee Suwanmongkol, Secretary-General of the Securities and Exchange Commission of Thailand (SEC), virtually attended the 33rd meeting of ACMF Chairs yesterday …

KUALA LUMPUR – After 427 employees tested positive for COVID-19, Malaysian glovemaker Kossan Rubber Industries Bhd will see production capacity reduced by nearly 25 percent for two weeks, media reports and analysts said.Kossan is the Southeast Asian country’s new maker of medical gloves to be affected by the pandemic in recent weeks. After more than 5,000 employees were infected, Top …

KOTA KINABALU: PKR President Anwar Ibrahim met with Christina Liew, head of Sabah’s party, for talks less than a week after former Chief Minister and Warisan President Shafie Apdal called for a change in the leadership of the opposition. In the national opposition leadership, which he described as disunited and directionless, Shafie Apdal had called for a shift across the …

The Ministry of National Development Planning (Bappenas) has urged for joint efforts to achieve the Sustainable Development Goals in the country specifically to aim 16 on stability, justice and strong institutions. Suharso Monoarfa, who is also Minister of National Development Planning, highlighted the promotion of peace, justice, and inclusiveness as the nature of SDG16 in the middle of discussion on …

The upcoming elections for the Provincial Administrative Organisation may cease to function in attracting a great deal of interest from young voters. This is from the study of the experts. In view of this, The elections will be held across 76 provinces with the seats of PAO presidents and representatives. It would be new for the local elections since May …

Admit it or not, Pacman is still one of the world’s favorite boxer. In fact, there are four potential dates on the table for the next fight for super WBA welterweight champion for this current senator and Saudi Arabia is looming as the host country to mark his first title defense since July last year’s dethronement of Keith Thurman in …

Through the nation’s anticipation of the vaccine, Speaker Lord Allan Velasco has announced that the accredited media covering the House of Representatives and their families will be first in line in the chamber’s coronavirus vaccination campaign once the shots become available for mass use in the country. For this reason, The House is setting aside P50 million from its internal …

The Aviation Institute of Singapore called on the Association of Southeast Asian Nations (ASEAN) to consider a structure for travel bubbles in Southeast Asia. “While the Covid-19 pandemic has decimated the global aviation industry, the ten Southeast Asian countries comprising [ASEAN] have experienced declines in passenger traffic that have been much sharper than the global and Asia-Pacific averages,” says a …

PETALING JAYA: In the midst of an ongoing debate between political parties over cooperation and alliances, some analysts suggest that if a stable government is to be formed, there is little choice beyond forming a grand coalition.Last week, PPBM Secretary-General Hamzah Zainudin proposed the idea of formally uniting the already formed coalitions of Perikatan National (PN), Barisan Nasional (BN), and …