Tag: sale

US approves $14 billion sale of F-15 fighter jets to Indonesia

WASHINGTON, United States (AFP) — The US State Department on Thursday approved the potential $14 billion sale to Indonesia of 36 F-15 fighter jets and other assorted military equipment. The proposed sale will improve “the security of an important regional partner that is a force for political stability, and economic progress in the Asia-Pacific region,” said a statement, adding that it “will not alter the basic military balance in the region.” © Agence France-Presse

Gov’t allows conduct of sale events to spur consumer spending, economic activity

(Eagle News)–The government is now allowing the conduct of sale events and marketing events in business establishments. In a statement, Presidential Spokesperson Harry Roque said the activities  subject to the guidelines imposed by the Department of Trade and Industry may be held to “spur consumer and economic activity.” Roque said based on Inter-Agency Task Force Resolution No. 79, the IATF also authorized the Department of Trade and Industry to “adjust the permissible on-site operational capacities […]

China demands US cancel arms sale to Taiwan

BEIJING, China (AFP) — China demanded Tuesday that the United States “immediately cancel” a potential sale of $2.2 billion in arms to self-ruled Taiwan, including battle tanks and anti-aircraft missiles, adding fuel to tensions between the two powers. The US later shrugged off China’s complaints, responding that the equipment would contribute to “peace and stability” in Asia. The sale would be the first transfer of big-ticket US military gear to the democratically-governed island in decades, […]

US State Dept approves potential $2.2 billion arms sale to Taiwan

by W.G. Dunlop WASHINGTON, United States (AFP) — The US State Department has approved the potential sale to Taiwan of $2.2 billion in arms, including Abrams tanks and Stinger missiles, the Pentagon said on Monday. The announcement is likely to anger Beijing, which views Taiwan as part of its territory and has previously expressed “serious concerns” about the possible sale. Congress has been notified about the potential deal, which would include 108 M1A2T Abrams tanks, […]

DOF: Gov’t to sell over P90 million worth of state-owned assets

(Eagle News) – The Department of Finance (DOF) said Thursday that the government was bidding out over P90 million worth of state-owned assets this month. According to Gerard Chan, chief privatization officer of the DOF’s Privatization Management Office (PMO), these assets amounting to P98.32 million cover lots in Luzon and Mindanao and a membership share at a golf and country club. Chan said included in the assets for sale are the two residential lots of […]

US, Qatar agree to F-15 fighter sale

WASHINGTON, United States (AFP) — United States Secretary of Defense Jim Mattis and his Qatari counterpart Khalid al-Attiyah signed a letter of agreement Wednesday for a $12-billion sale of US-manufactured F-15 fighters, the Pentagon said. The sale comes amid a simmering crisis in the Gulf after Qatar’s neighbors accused it of supporting terrorism and cut diplomatic ties. US President Donald Trump has signalled his support for the Saudi-led move but other US officials have been […]

China arrests 22 over sale of Apple private data

BEIJING, China (AFP) — Chinese authorities say they have uncovered a massive underground operation involving the sale of Apple users’ personal data. Twenty-two people have been detained on suspicion of infringing individuals’ privacy and illegally obtaining their digital personal information, according to a statement Wednesday from police in southern Zhejiang province. Of the 22 suspects, 20 were employees of an Apple “domestic direct sales company and outsourcing company.” The suspects allegedly used an internal company […]

Ferrari boasts record year as prepares to turn 70

by Céline CORNU Ahence France Presse MILAN, Italy (AFP) — Italian luxury carmaker Ferrari said Thursday it had achieved record profits in 2016, bolstered by strong demand for its supercharged 488 sports cars, a fillip to the “prancing horse” firm as it prepares to turn 70. The company announced better than expected net profits soared 38 percent to 400 million euros ($430 million), 110 million up on 2015 and outstripping analysts’ forecasts of nearer 390 […]

Intimate Princess Diana letters sell for £15,000 in London

LONDON, United Kingdom (AFP) — Letters handwritten by the late Princess Diana, including one describing how her son Prince Harry was “constantly in trouble”, sold for £15,100 ($18,600, 17,500 euros) at a London auction on Thursday. Among the six letters sent to royal butler Cyril Dickman in the 1980s and 1990s was a note describing how her eldest son Prince William showered Harry with “an endless supply of hugs and kisses” when he was a […]