Apr 262017
 

On June 30, the government officially transitioned to a new administration that came with a promise of change. A national expenditure program and some executive orders later, change has become more and more apparent to Filipinos at large. In August, for instance, a Citizens’ Complaint Hotline was launched to serve as a 24/7 grievance redress channel. This would later be institutionalized along with the establishment of a Complaint Center through an Executive Order.

Apr 252017
 
Top Japan brokerage invests P1.3B in COL Financial

Daiwa Securities Group has acquired a 14.9% stake in COL Financial Group, the leading online brokerage company in the Philippines. The Japanese brokerage firm announced to media the acquisition of shares valued at 3 billion yen (USD 27.4 million, PhP 1.32 billion). In a media release Daiwa said the investment in COL Financial provides Daiwa with an opportunity to participate in the fast-growing Philippine economy and further allows Daiwa to have a platform for further expansion in other Asian countries. “The securities market in the Philippines is currently significantly under-penetrated with less than one percent of population owning a brokerage account, which to our view, is an extremely good opportunity to work together with COL to help grow the retail brokerage industry in the country,” said Daiwa. “With this investment, we aim to build a stronger relationship with COL Financial and leverage the resources and networks of each other in future business development.” Daiwa brings its investment to the Philippine online brokerage firm reputed to be the fastest growing online stockbroker with over 200,000 customers and PhP 61 billion in customer assets.   The post Top Japan brokerage invests P1.3B in COL Financial appeared first on Good News Pilipinas. Related posts: Alibaba’s Jack Ma invests in Globe’s digital financial services Japan’s Sogo Sosha to invest almost P 200B in PH economy Coca-Cola to pour in 1.2 billion dollars in PHL expansion Filipinos win top prizes in Japan soy sauce cook fest

Apr 252017
 
Pinoy Jins win 4 golds in ASEAN Taekwondo Tilt

Filipino taekwondo jins won 16 medals in the 6-country 13th ASEAN Taekwondo Championship held in Malaysia. The Pinoy jins finished second overall carrying the colors of the Smart/MVP Sports Foundation. The Filipino gold winners in the Senior division were: Jenar Torillos Christian Al Dela Cruz Kristopher Robert Uy Leila Delo In the Junior Division, Romelle Pablo Jr. won the gold. Silver medalists in the senior division: Karen Cells Rheza Aragon Rhezie Aragon Noelyn Campos Ma. Kaye Shannelle Romuar Joaquin Mendoza Jr. Reign Charisse Ragutana received the silver in the Junior division. Bronze medalists (Seniors): Eldridge Justin Langit Abram Lance Cuvinar Bronze Medalists (Juniors): Sturdy Jay Gilbuena Catryn Janiella Gilbuena With reports from Katherine Anne M. Baltar   The post Pinoy Jins win 4 golds in ASEAN Taekwondo Tilt appeared first on Good News Pilipinas. Related posts: PH team wins 5 World Taekwondo Golds Pinoy fencers win 3 golds, 10 medals in SEA tilt PH hosts Rio Olympics Taekwondo qualifiers Pinoys bag 3 golds at Dragon Boat Worlds in Russia