Bizsnippets
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LINE Generates Largest Tech IPO by Selling Stickers
LINE, a popular Japanese messaging app is set to release the biggest tech initial public offering (IPO) this year. LINE is known for its oversized…
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PH Government to Increase Fuel Excise Tax
According to Finance Secretary Mr. Carlos Dominguez III, the new administration would back for an increase excise taxes on fuels, perceiving that the perfect timing…
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Filipino Businessmen Expect Robust Trade with China Despite Hague Ruling
The international tribunal ruling on the South China Sea dispute has generated a lot of speculations regarding the future of the Philippines’ trade relationship with…
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Bureau of Customs Launches Mobile App for Balikbayan Queries
The country’s Bureau of Customs (BOC) launched a mobile app developed especially for OFWs and Balikbayans. Known as the Balikbayan Tax Calculator, the app aims…
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Swiss Scientists Tests Pomegranates Anti-Aging Properties
A Swiss Biotech company recently discovered that pomegranates has anti-aging properties. In a scientific journal called Nature Medicine, research scientists at the Ecole Polytechnique Federale…
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UN Arbitral Tribunal Declared PH Winner of Arbitration Case Against China
After a series of hearings, the long wait is over.The United Nations (UN) Arbitral Tribunal declared the West Philippine Sea (South China Sea) under the…
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PCC ‘Disappointed’ over PLDT-Globe Lawsuit
PLDT and Globe has brought the Philippine Competition Commission (PCC) to court over disagreements on the legality of the P70 billion deal with SMC. The…
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MVP Encourages Business Sector to Invest in Tourism, Mining
Business magnate and Philex Mining Corp. chairman Manuel V. Pangilinan called for investments in tourism and mining during the BusinessWorld Economic Forum. Pangilinan emphasized the…
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FiveAI Raises $2.1 Million for Autonomous Driving Technology
In a funding round led by Amadeus Capital, U.K. artificial intelligence (AI) startup FiveAI was able to raise $2.7 million to develop a system for…
