Bizsnippets
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UnionBank Considering Early Shift Towards EMV Technology
The Aboitiz-led Union Bank is looking to secure its cards with EMV, or Europay MasterCard Visa chip technology. The move is set to be ahead…
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SMB to Sell Php 30 Billion Worth of Shares in March
San Miguel Corp. recently released their indicative timetable of the Php 30 Billion preferred share sale that is set to refinance their existing debt. The…
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Amazon’s X-Ray Finally Brought to Web Video
Amazon’s feature for extra content, X-Ray for Movies and TV Shows, is finally available on Amazon Video and Prime Video. The support is available for…
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Airbus Attains $1.85B order From Philippine Airlines
On Wednesday, Airbus has revealed that it has won a deal worth $1.85 billion with Philippine Airlines. The deal entailed a purchase of Airbus’ A350-900s,…
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SM to Enter Low-Cost Housing Segment
SM Prime is looking into numerous projects that are within the price range of Php 800,000 to Php 1.5 million. Such projects will also comprise…
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LG’s Introduces New Line of “Specialist” Smartphones
LG announced their new line “Specialist” smartphones, which will have mid-range specifications but excels in one particular area. The first two phones of the line…
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Education Startup LearnSprout is Acquired by Apple
It has been reported that Apple has acquired the education-technology startup LearnSprout. The company, which is three years old, is based in San Francisco. Its…
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RCBC Net Profit Increases by 15%
The Yuchengco conglomerate’s banking arm booked a Php 5.1 billion unaudited consolidated net income for 2015. It has risen by 15%, compared to the Php…
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Life Insurance Premiums Expand by 25%
There are expectations that the life insurance sector will sustain its growth this year. The premium income is seen to rise by a quarter from…
