Bizsnippets
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Araneta Allots P50B for Redevelopment Project
Araneta Center is spending P50 billion more for its Cubao property and its continued redevelopment. According to Araneta Senior VP for Operations Antonio T. Mardo,…
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ACR Experiences Oversupply in Mindanao
Mindanao is expected to see an oversupply of power towards the end of the year. New power plants are to start delivering electricity and the…
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SyndicateRoom Raises $4.5M Series A
SyndicateRoom announced the raising of $4.5 million from a number of angel investors. The round was led by Jonathan Milner, Abcam’s founder. The largest investor…
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GMA Puts Final Touches on Digital Box
GMA Network’s preparations for a shift to Digital Terrestrial Television format is already underway. The company is investing between P1 and 1.5 billion in order…
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FDA Finalizes New Nutrition Facts Label for Packaged Foods
On May 20, 2016, the U.S. Food and Drug Administration revealed the new Nutrition Facts Label on food packages. While announcing the new rules, First…
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Twitter’s Deal for Thursday Night Football is Significant for Social Networks
According to Nielsen, 95% of total sports program viewing happens in real-time and what better way to take advantage of real-time than to tap social…
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Google’s Project Jacquard Could Be Their Best Wearable Platform Yet
Google introduced Project Jacquard at last year’s I/O developer conference but it was a very early prototype and more of a concept. A year later…
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Ipilan Nickel to Develop Part of Palawan Exploration Area
Global Ferronickel Holdings, Inc. revealed that its Palawan-based affiliate Ipilan Nickel Corp. received the green light for its feasibility study. They are cleared to begin…
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Phoenix Acquires Samsung Supply Deal Extension
Phoenix Semiconductor Philippines Corp. recently revealed that they managed to sign a brand new supply agreement with South Korea’s Samsung Electronics Co., Ltd. The existing…
