Lifeline Ventures Raises 57 Million Euros

Lifeline Ventures, a Helsinki-based VC, has recently launched a 57 million euro fund for the purpose of investing in startups. Since its establishment in 2009, Lifeline Ventures has set up …

Peso Rises On Yellen’s Testimony

US Federal Reserve Chair Janet L. Yellen provided a congressional testimony that suggested that no rate hike is to happen in the largest economy in the world anytime soon. Following …

BPO Industry Breached 2015 Targets

BPO industries generated $22 billion in revenues and 1.1 million direct employment, exceeding 2015 target, according to the IT and Business Process Association of the Philippines. “The BPO industry continues …

NLEx, SCTEx Operator Lands P5-B Loan

Manila North Tollways Corp. has announced that it has sealed a loan agreement worth Php 5 billion to fund its expansion projects as well as the refinancing of its existing …

SM to Add Four Malls This 2016

SM Prime Holdings Inc. is said to open four new malls this year as part of their plans to further expand and improve consumers’ mall experience. The company earlier announced …

Sin Tax Collection Hits P141.84 Billion

Collections from sin taxes in 2015 was up by a quarter from the previous year’s P112.81 billion, reaching a record high P141.84 billion, as reported by the Bureau of Internal …