AboitizLand to Launch Four Major Projects in Luzon
Cebu real estate developer AboitizLand is setting its eyes on Luzon. The real estate arm of the Aboitiz Group is allotting P2.35 billion for the development of residential and commercial …
Facebook to Update News Feed Algorithm to Show Less Clickbait
Have you ever seen titles like “10 Things This Crazy Girl Did! You Won’t Believe No. 7!” on your Facebook feed? It’s clearly meant to be clickbait, luring readers to …
Tesla Suffers Another Quarterly Loss
Electric car pioneer Tesla reported that it has suffered its 13th straight quarterly loss from increased spending on its vehicle and battery factories. The loss comes amidst the announcement of …
Metro Pacific Reports 25% Increase in Net Income
Metro Pacific Investments Corp. (MPIC) reported a net income of nearly P7 billion in the first half of the year or about a 25 percent jump from last year. The …
AIG Plans to Buy Back Shares Worth $3 Billion
American International Group (AIG) continues to fight against calls for the firm to break itself up by planning to buy back $3 billion worth of its shares. After three consecutive …
Verizon to Purchase Fleetmatics Group PLC
Last Monday, Verizon Communications said that they would purchase Fleetmatics Group PLC (public limited company), a global positioning system (GPS) vehicle tracking firm, for around $2.4M in cash to support …
Nestle Philippines Builds 2B Worth Malt Plant in Batangas
Something good is about to arrive in the province of Batangas. In a press conference held earlier this week, Nestle Philippines Inc. stated that the food and drink company is …
Mining Companies Take Duterte’s Stern Warning as a ‘Challenge’
The President has maintained his tough stance against businesses that are violating government standards and damaging the environment. He put particular emphasis on mining companies, saying that mining threatens agriculture, …
There’s a new way you can travel for free and fast!
What comes into your mind when you hear the word ‘travel’? Is it the blue and pristine waters of the Pacific? Or is it the all-time grandeur of Paris? Whatever …
Phoenix Net Profit Up by 33% in First Half
Phoenix Petroleum Philippines Inc. saw its net profit rise by 33 percent in this year’s first half owing to stronger sales compared to the same period last 2015. Phoenix attributed …