Alibaba’s Lazada Buy Doesn’t Faze Local Firms
Local e-commerce players remain unfazed by Alibaba Group Holding Ltd.’s acquisition of Lazada Group SA. In fact, they are investing in logistics to ramp up operations, seeing the deal as …
Alson Coal Plant Waiting for Green Light
It was announced on Monday that the Alsons Power Group’s Sarangani Energy Corporation had completed key tests for its first 105 megawatt coal-fired power plant. They are currently awaiting a …
Reddit Unveils New Smartphone App
After a long wait, Reddit finally unveiled its first official app for both the iOS and Android. The company previously made do with Alien Blue, which began as a third-party …
San Miguel Set to Begin Development of MRT-7
The San Miguel Corp. is set to begin working on big-ticket infrastructure projects this year. One project is the already-delayed expressway project that would connect three terminals of the Ninoy …
Ortigas & Co. to Accelerate Spending
There are plans to accelerate spending once Ortigas & Co.’s master plan for its mixed-use projects is finalized. In an interview last week, president and CEO Jaime E. Ysmael said …
Luke Fitzpatrick’s No-Holds-Barred Approach: Start Marketing Your Startup From Day One!
A visit to the website of Shushnote presents viewers with a zoomed-in image of a cute, furry hamster—and not much else. Aside from a button teasing “I dare you to …
Philippines Aiming to Increase Fishing at Benham Rise
The Department of Agriculture wants to increase the Philippines’ physical control of the Benham Rise by encouraging fishing communities on the east coast to fish more. According to the director …
Puregold Profit Lifted to P5B
The earnings of Puregold Price Club, Inc. managed to climb by a tenth due to robust consumer spending. Same-store sales growth accelerated to its fastest pace in the last four …
Tim Draper Raises $190 Million for New Venture Fund
Tim Draper has announced that a brand new $190 million early-stage fund has been raised. Draper is set to co-lead this new fund with his son, Billy, along with Andy …
GERI Profit Surge Fueled by Real Estate Sales
Global-Estate Resorts, Inc., otherwise known as GERI, has benefited from record real estate sales. The subsidiary of Megaworld Corp. increased its net profit by a yearly 39% to P667 million …