Bizsnippets
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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…
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SM Prime Board Approves of P60-B Bond Issue
SM Prime Holdings, Inc. plans on raising around P60 billion through a bond issue. They also expect to raise the amount over the next three…
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GT Capital Earns P2.95 Billion in the Year’s First Quarter
GT Capital Holdings, Inc. earned a net profit of P2.95 billion in 2016’s first three months. Its earnings across several businesses, including banking, power generation,…
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Arizona Governor Protects Airbnb
Arizona’s Republican governor Doug Ducey has signed a bill prohibiting cities and local municipalities from banning short-term rentals such as Airbnb. The signing of the…
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DMCI Books P3-B Projects in the First Quarter
D.M. Consunji, Inc. managed to bag P2.9 billion worth of projects in 2016’s first quarter. The brand new projects have brought the construction firm’s order…
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San Miguel Corp. Plans New Power Plants
San Miguel Corp. has plans to build two new power plants in Luzon, as well as three in Mindanao. This will provide the publicly listed…
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Spanish Vacation Rental Search Engine Hundredrooms Raises €4.1M
European vacation rental search engines are gaining popularity and raising funding. The latest to secure financing after Holidu and HomeToGo is Hundredrooms. The Spanish vacation…
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Emperador Bringing Brandy to Foreign Soil
Emperador, Inc. is looking to bring its homegrown brandy to markets outside of the Philippines. Its potential targets include other Asian markets as well as…
