New Literature-Based Social App Arrives

For all the book lovers out there, a brand new social app has appeared on the horizon: Litsy. The startup was founded by Jeff LeBlanc and Todd Lawton, who derived …

Two Satellite Plants Sent to Masbate by DMCI

DMCI, an off-grid electricity supplier, has deployed two satellite diesel-fired plants to Masbate. The satellites have a combined capacity of 175 megawatts, which ensures that enough reliable power will be …

Macay Preparing for Potential Share Sale

Macay Holdings Inc. is gearing up for a potential share sale after moving to boost its capitalization to support future capital requirements. The company managed to secure board approval on …

AXA Takes Over Charter Ping An

AXA Life Insurance Corp.’s planned takeover of Charter Ping An Insurance Corp has finally been completed. The intention to acquire Charter Ping An was first announced back in November of …

Property Firms Eyed for MCIA Mixed-Use Project

Megawide Construction Corp. and the Bangalore-based GMR Infrastructure Ltd. plan on talking with property developers by June. The purpose of these talks is Mactan-Cebu International Airport’s mixed-use component, which is …

DMCI Claims Earnings Leapt to 20% Last Year

DMCI Holdings, Inc. stated that its consolidated net income in 2015 increased by 20%. All of its investments posted “strong performances”, despite weak commodity prices and delays in project execution, …