MANILA, Philippines — The Philippines' military chief said Thursday he hoped a key defense pact with Japan allowing for the deployment of troops on each other's territory will be signed at security talks next week. "We are hoping that during that meeting, the RAA, or the reciprocal access agreement, will be signed," military chief General Romeo Brawner told reporters. The Philippines and Japan began negotiating the pact in November. The Philippines has equivalent pacts with the United States and Australia and plans to pursue one with France. Leaders from Japan, the Philippines and the United States held their first trilateral summit in April aimed at boosting defense ties in Washington.
Source:Philippine Star
July 04, 2024 20:25 UTC
Mayor Guo should tell all — GatchalianA photo of Mayor Alice Guo of Bamban, Tarlac posted on Feb. 24, 2024 on Facebook which was taken during the 2024 League of Municipality of the Philippines LMP General Assembly. MANILA, Philippines — Embattled Mayor Alice Guo of Bamban, Tarlac could be considered a state witness in unearthing illegal Philippine offshore gaming operators (POGO). “If there is information that will help in the investigation of those related to POGO hubs,” Gatchalian said on Wednesday over TV5 when asked if Guo could be a state witness in the case buildup against POGOs. Based on the documents, she also had some connections with some personalities related to the POGO hub in Porac,” Gatchalian added. The Anti-Money Laundering Council and the Bureau of Internal Revenue, he added, are also expected to file cases against the suspended mayor.
Source:Philippine Star
July 04, 2024 19:19 UTC
STOCKHOLM, Sweden, July 4, 2024 /PRNewswire/ -- EQT AB's Half-year Report 2024 will be published on Thursday 18 July 2024 at approximately 07:00 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session. The presentation and a video link for the webcast will be available here from the time of the publication of the Half-year Report. The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published.
Source:Manila Times
July 04, 2024 18:41 UTC
West Kowloon police have arrested three men for possessing and using counterfeit banknotes as officers believe they have successfully stopped the fake money from entering the market. After intelligence analysis, police intercepted two suspicious men in a Tsim Sha Tsui hotel on Tuesday night and found a total of 4,577 fake HK$1,000 banknotes in one of the men’s luggage. The two local men, aged 37 and 43, were arrested for possessing counterfeit notes. On Wednesday afternoon, police also arrested a 43-year-old man in Mong Kok who suspectedly used counterfeit HK$100 and HK$500 banknotes for three taxi rides in the district. All three are currently remanded in custody for further questioning.
Source:The Standard
July 04, 2024 17:30 UTC
SHANGHAI, July 4, 2024 /PRNewswire/ -- Eshallgo Inc ("Eshallgo" or the "Company") (NasdaqCM: EHGO), one of the leading office solution providers in China, today announced the closing of its initial public offering (the "Offering") of 1,250,000 Class A ordinary shares at a public offering price of $4 per Class A ordinary share. The Company received aggregate gross proceeds of $5 million from the Offering, before deducting underwriting discounts and other related expenses. AdvertisementForward-Looking StatementsAll statements other than statements of historical fact in this announcement are forward-looking statements. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.
Source:Manila Times
July 04, 2024 09:39 UTC
Philippines, China to improve maritime communicationRepresentatives of the two countries arrived at the consensus during the 9th Meeting of their Bilateral Consultation Mechanism on the South China Sea in Manila on Tuesday. MANILA, Philippines — The Philippines and China have discussed improving maritime communication mechanisms and promoting dialogue between their coast guards, according to Beijing’s foreign ministry. Representatives of the two countries arrived at the consensus during the 9th Meeting of their Bilateral Consultation Mechanism on the South China Sea in Manila on Tuesday. China’s foreign ministry said the two sides had a candid and constructive exchange of views on the situation in the South China Sea, particularly on handling the situation in Ayungin Shoal. On Tuesday, Beijing deployed its massive coast guard vessel with body number 5901 – called “The Monster” – to Ayungin Shoal.
Source:Philippine Star
July 04, 2024 03:51 UTC
Theresa Lazaro had “frank and constructive” discussions at a regular bilateral meeting on the South China Sea in Manila on Tuesday, according to the Philippines’ Department of Foreign Affairs. Philippines and Chinese vessels clashed in recent months despite a January agreement to ease conflict, casting doubts on the effectiveness of the bilateral mechanism to defuse tensions in one of the region’s flashpoints. Chinese vessels used water cannons on Philippine ships in the past months, damaging them and hurting their crew, while Beijing has maintained that its actions were lawful and professional. Tuesday’s talks come weeks after a June 17 South China Sea encounter between Chinese and Philippine vessels that led to a Filipino sailor losing a finger. During the meeting, the Philippines said it underscored to China that it will be “relentless in protecting its interests” and upholding its rights in the South China Sea.
Source:The Standard
July 03, 2024 18:02 UTC
Stocks bounce back on improved investor sentimentThe Philippine Stock Exchange index snapped a two-day losing streak, surging by 1.43 percent or 91.07 percent to end at 6,450.03. MANILA, Philippines — The stock market returned to its winning ways yesterday after a brief slump as positive developments abroad buoyed investor sentiment. The Philippine Stock Exchange index snapped a two-day losing streak, surging by 1.43 percent or 91.07 percent to end at 6,450.03. Also finishing in the positive territory was the broader All Shares index, which grew by 0.94 percent to 32.46 points at 3,495.13. However, he said net market value turnover was tepid at P3.56 billion, lower than the year-to-date average of P4.99 billion.
Source:Philippine Star
July 03, 2024 17:32 UTC
Some 12 kg of suspected crystal meth was further seized by officers in the packages. Last Sunday afternoon (Jun 23), customs officers conducted an operation and arrested a 27-year-old jobless man in Tsim Sha Tsui. Officers also raided a commercial building unit in the district and seized 500 g of liquid meth and drug packaging equipment. Australian law enforcement officers also seized about 1 kg of crystal meth from the man’s home. Customs pointed out that the price of crystal meth in Australia is four to five times more expensive than that in Hong Kong and it is the second most popular drug in the country.
Source:The Standard
July 03, 2024 17:30 UTC
Mayor Guo urged: Expose main players of illegal POGOsSenator Risa Hontiveros resumes the probe on Bamban, Tarlac Mayor Alice Guo’s alleged involvement in illegal Philippine offshore gaming operations (POGOs) on May 22, 2024MANILA, Philippines — Suspended Bamban, Tarlac Mayor Alice Guo, or Guo Hua Ping, should cooperate with authorities and reveal crucial information about the activities and key players of Philippine offshore gaming operators (POGOs), Sen. Sherwin Gatchalian said on Tuesday. “Guo can play a crucial role in exposing the truth and ensuring that those involved are held accountable,” said Gatchalian. “I urge Alice Guo to come forward and cooperate with authorities and expose the main players of illegal and criminal offshore gaming operations,” Gatchalian added. “We are also ready to reveal the roles of other controversial individuals behind these criminal POGO enterprises,” Tengco said. Rodriguez said his proposed House inquiry would provide Tengco the proper forum to make his revelations and support them with evidence.
Source:Philippine Star
July 03, 2024 16:30 UTC
MANILA, Philippines — Cybersecurity group Deep Web Konek claimed a data breach that involved the Department of Foreign Affairs (DFA) occurred on Wednesday. In a tweet, Deep Web Konek said, “Sensitive email data [is] now being sold online” following the alleged incident. READ: DFA probes new data leakIn a separate message to reporters, the DFA said they have received reports of an alleged data breach, but did not confirm whether or not one indeed took place.Media personnel earlier sought the DFA’s comment regarding Deep Web Konek’s exposé. A question was also raised regarding the extent of the alleged data breach. “The DFA has received reports of alleged email data being sold online.
Source:Philippine Daily Inquirer
July 03, 2024 16:15 UTC
During the initial phase of the partnership, U Power will introduce battery swapping technology and compatible EVs. Jia Li, Chairman and CEO of U Power, commented, "We are proud to enter into a strategic partnership with Pattaya AI. AdvertisementAbout Pattaya AI Terminal Co., Ltd.Pattaya AI, a subsidiary of Pattaya Group, specializes in airport solutions. Safe Harbor StatementsThis press release may contain "forward-looking statements". Forward-looking statements reflect our current view about future events.
Source:Manila Times
July 03, 2024 10:40 UTC
Holders of the Company's ADSs will receive the cash dividends through JPMorgan Chase Bank, N.A., the depositary, subject to the terms and conditions of the deposit agreement. Primarily due to the Company's current cash position, our Board of Directors has approved a special cash dividend of approximately US$300 million as part of our ongoing effort to return value to our shareholders." About DouYu International Holdings LimitedHeadquartered in Wuhan, China, DouYu International Holdings Limited (Nasdaq: DOYU) is a leading game-centric live streaming platform in China and a pioneer in the eSports value chain. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. AdvertisementInvestor Relations ContactIn China:Lingling KongDouYu International Holdings LimitedAdvertisementEmail: [email protected]Tel: +86 (10) 6508-0677Andrea GuoPiacente Financial CommunicationsAdvertisementEmail: [email protected]Tel: +86 (10) 6508-0677In the United States:Brandi PiacenteAdvertisementPiacente Financial CommunicationsEmail: [email protected]Tel: +1-212-481-2050Media Relations ContactAdvertisementLingling KongDouYu International Holdings LimitedEmail: [email protected]Tel: +86 (10) 6508-0677
Source:Manila Times
July 03, 2024 10:33 UTC
PAOCC files raps vs Chinese nationals involved in Porac POGOMANILA, Philippines — The Presidential Anti-Organized Crime Commission (PAOCC) on Tuesday filed complaints before the Department of Justice (DOJ) against two Chinese citizens in connection with the raided Philippine offshore gaming operator (POGO) hub in Porac, Pampanga. These are the first charges filed against individuals related to the Porac POGO raid. The Porac-based POGO operated by the Chinese nationals, affiliated with Lucky South 99 Corp., was raided by authorities on June 5. In the same POGO hub, Chinese Army uniforms and war medals were also discovered. Despite the authorities' discoveries at the POGO hub, Lucky South 99 Corp. has denied engaging in illegal activities.
Source:Philippine Star
July 02, 2024 23:46 UTC
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Tuesday, July 2, said it has not monitored a tropical cyclone near or inside the country’s area of responsibility that may influence the weather conditions in the next two to three days. READ: https://mb.com.ph/2024/7/2/philippines-to-remain-cyclone-free-for-the-next-2-to-3-days-pagasaSubscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletinVisit our website at http://mb.com.phFacebook: https://www.facebook.com/manilabulletinTwitter: https://www.twitter.com/manila_bulletinInstagram: https://instagram.com/manilabulletinTiktok: https://www.tiktok.com/@manilabulletin#ManilaBulletinOnline#ManilaBulletin#LatestNews
Source:Manila Bulletin
July 02, 2024 17:54 UTC