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  • CIBT Files Form 20-F Annual Report [View article]
    VANCOUVER, British Columbia--(BUSINESS WIRE)-- CIBT Education Group Inc. (MBA) (TSX: MBA) (CIBT Group) announces that it has filed its annual report on Form 20-F for the fiscal year ended August 31, 2012 with the United States Securities and Exchange Commission.

    An electronic copy of the Form 20-F is available on CIBT Groups website, http://www.cibt.net and under CIBT Groups profile on the SEDAR website in Canada. Shareholders may also request a hard copy of CIBT Groups complete audited financial statements free of charge by sending a request to info@cibt.net or calling 604.871.9909 extension 311.

    About CIBT Education Group:

    CIBT Education Group Inc. is an education management company focused on the global education market. Listed on the Toronto Stock Exchange and the NYSE MKT LLC, CIBT Group owns and operates a network of business, technical and language colleges and offers cooperative joint programmes in 18 countries. Its subsidiaries include Sprott-Shaw College (established in 1903), Sprott-Shaw Degree College, CIBT School of Business China, and King George International College. Through these subsidiaries, CIBT Group offers Western and Chinese accredited business and management degrees, and programmes in college preparation, healthcare, hotel management and tourism, English language training, English teacher certification, junior and high school preparation program for overseas study, and other career/vocational training. CIBT Group also owns Irix Design Group, a leading design and advertising company based in Vancouver, Canada, and Global Career Center (GCC). GCC is a job placement call center located in the Philippines dedicated to providing employment services to CIBT Group graduates for free throughout their careers. Visit us online at http://www.cibt.net.

    ON BEHALF OF THE BOARD OF DIRECTORS

    Toby Chu

    Toby Chu
    Vice-Chairman, President & CEO

    Neither the NYSE MKT-LLC nor the Toronto Stock Exchange accepts responsibility for the adequacy or accuracy of this news release.

    http://bit.ly/14ySXBV

    CIBT Education Group Inc.
    Toby Chu
    Investor Relations:
    N. America Toll Free: 1-604-871-9909
    Email: info@cibt.net

    Source: CIBT Education Group Inc.

    Copyright Business Wire 2013
    Aug 26 06:05 PM | Likes Like |Link to Comment
  • Philippines ETF: Risks and Rewards [View article]
    The launch of the iShares MSCI Philippines (EPHE) exchange traded fund has put the Southeast Asian country in investors’ sights. Before you invest, here are some things you should know.

    Growth Prospects. The Asian Development Bank (ADB) expects the Philippines to grow by 6.2% this year, up from its previous 5% projection in July, writes Fred M. Lobo for Manila Bulletin. The Bangko Sentral ng Pilipinas (BSP) stated that annual inflation will fall between 3.6% and 4.5% as a result of “the decline in utility rates plus abundant supply in the market of selected food items.”

    Mitul Kotecha, head of global foreign exchange strategy of France-based Credit Agricole Corp., said that the Philippine’s economy may expand up to 7.5% this year but slow to 5% next year as the global recovery slows and effects of government stimulus runs out, according to BusinessWeek Online. Meanwhile, the government projects 5%-6% growth for 2010 and a 7%-8% expansion for 2011.

    Strengths. The Philippine economy is boosted by strong domestic investment and industrial output. Investments from rich OECD-member countries in the United States and Europe could increase after the removal of RP from the world list of havens. International firms are investing millions if not billions to expand into the Philippines.

    The Philippine financial sector has minimal exposure to securities issued by global financial institutions, low dependence on exports, a strong domestic consumption base and a growing business process outsourcing industry, as stated by the CIA World Factbook.

    Risks. Foreign investors are still cautious about the country’s poor governance, political instability, corruption and poor fiscal health.

    The ADB believes that the short burst of growth in the first half won’t be matched in the second half since the low-base effects of pet capital projects will fade, inventory rebuilding will begin to normalize and the global economy remains weak, according to BusinessWeek Online.

    The country will have to maintain financial reforms, boost trade, reduce poverty levels, and improve employment and infrastructure to be on par with regional competitors.

    iShares MSCI Philippines Investable Market Index Fund: top sectors include financials (46.4%), utilities (17.2%), telecom (15.7%) and industrials (15%)
    Max Chen contributed to this article.

    Disclosure: None

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  • See What Happened To Short Interest In These Chinese Stocks [View article]
    all invest china and tiawan and phil and koria
    Jun 18 05:39 AM | Likes Like |Link to Comment
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