Bizsnippets
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More PPPs to be Awarded by the Government
The government plans on awarding seven more public-private partnerships before the succeeding administration takes over. This news was broken by the PPP center, despite the…
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Google’s Project Loon to Provide Faster Wifi in Sri Lanka
In the quest to provide internet access to remote areas all over the world, Google’s Project Loon is getting kickstarted and guess where? In Sri…
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Premiere Horizon Stake in Boutique Hotel Sold
Premiere Horizon Alliance Corp. has divested its interest in a boutique hotel-owning real estate company in Makati City. This is in line with their efforts…
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Expansion Plans of Phinma Corp. Laid Bare
Phinma Corp.’s expansion plans for its several businesses have been charted. These plans are “riding on the sustained high-growth trajectory of the Philippine economy”, as…
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Bidding for IBC-13 Invite Expected in Apri
An invitation to bid on the privatization of IBC-13 is expected to be issued by the government. IBC-13 president Lito O. Cruz revealed in an…
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WeChat Grows to 697 Million Active Users
WeChat, a messaging app owned by Chinese holding company Tencent added nearly 200 million monthly active users last year. At the end of December, the…
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Local Service App ServisHero Raises 2.7m to Launch in Thailand
ServisHero, theUber for local services, raised US$2.7 in a pre-series A financing round. The funding was led by Golden Gate Ventures. Cradle Seed Ventures also…
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Local Government Units Get Help with Composting Facilities
Composting facilities worth Php100 million has been allocated by the government to 172 qualified local government units. The purpose of this allocation is to enhance…
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New Outsourcing Firm Hopes to Hire 500 in Philippines
ServiceSource International is expecting its business to grow strongly within the Philippines. A newcomer in the local knowledge process outsourcing industry, it forecasts more companies…
