Filinvest Sets a Capex of P44-Billion
Filinvest Development Corp. plans on hiking its capital expenditure budget by almost half this year. This is mainly to support the real estate and power generation business expansions. It was …
Asian Terminals, Inc. Expects Rise in Profit and Revenues
Asian Terminals, Inc. is looking to earn P8 billion in revenues, at least. They also expect to see an improvement in their net income, which is driven by higher volumes …
League Launches Rebuilt Dating App
The League, a dating startup, is set to launch version 2.0 of their app in a brand new city: Los Angeles. Founder and CEO Amanda Bradford said The League has …
Roxas Holdings Receives PSE Approval
Roxas Holdings, Inc. managed to secure the Philippine Stock Exchange, Inc.’s approval to kick off sales of new shares to investors. This sale is to help raise funds for expansion …
Now Corp. Seals $50-Million Loan for TV Network
IT firm Now Corp. managed to seal a $50-million loan with a local bank in order to fund the development of an enterprise IT. This will be a broadband and …
Elon Musk Plans for ‘Red Dragon’ Mars Mission
SpaceX’s twitter just sent out a tweet about sending “Dragon to Mars as soon as 2018.” Details of these plans have been sparse thus far, limited to a few replies …
Apple Deploying Carekits for Health Apps
Apple has started rolling out Carekit, its mobile software framework for health apps. The open-source software development platform was announced in the previous month, with the goal to make it …
Semirara, Meralco Unit to Create Coal-Fired Plant
A joint venture has just been entered by both Semirara Mining and Power Corp. and Meralco Powergen Corp. The purpose of the venture is to create a two-unit coal-fired power …
Philex Mining Net Income Rises
Philex Mining Corp. has seen its net income increase by 38% within the year’s first quarter. The probable reason for this is that the company is keeping its cost and …
LinkedIn Beats Earning Expectations and Up 5%
LinkedIn emerged with better-than-expected first quarter results on Thursday. Shares managed to jump to 5% in after-hours trading. Adjusted earnings per share of 74 cents have been reported by the …