Bizsnippets
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Rancher Labs Raises $20M Series B Round
Rancher Labs has announced its raising of a $20 million Series B round. The new round is led by GRC SinoGreen, a Chinese private equity…
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Petron Corp. Profit Rises to P2.8B
Petron Corp. reported a net income of P2.8 billion for its first-quarter. The reported amount is more than 10 times the amount of the previous…
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Globe Profits Up in Q1 Despite Mobile Voice Decline
Globe Telecom, Inc. has seen an improvement in its first quarter net profits by 3%. The increase took place despite the decline in traditional mobile…
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GMA Prepares Device for Digital TV Shift
GMA Network, Inc. has inched closer to digital TV through the unveiling of a new device last Wednesday. The device allows for digital transmission to…
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Nasdaq Eyeing Manila as Key Hub
Nasdaq, a global exchange and financial technology company, is currently expanding its workforce in the Philippines. This is to support its growing global corporate solutions…
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Designer Fund Raises $20 Million
Designer Fund managed to raise $20 million in funding from anonymous individual investors. The notably backs up startups with designers on their founding teams. It…
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Ayala Land Nets P4.7 Billion in First Quarter
Drawing strength from continued developments in both new and existing estates, Ayala Land, Inc. managed to acquire P4.7 billion in net profit in the year’s…
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Metro Pacific Investments Corp Profit Up 8%
Metro Pacific Investments Corp. saw an increase of its first quarter net income by 8%. The growth is attributable to shareholders, due to power, water,…
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Venture Investments in New Tech to Reshape US Industry
Waves of venture investments into brand new manufacturing startups may change the landscape of American manufacturing as we know it. New processes like three-dimensional printing…
