ACR Experiences Oversupply in Mindanao
Mindanao is expected to see an oversupply of power towards the end of the year. New power plants are to start delivering electricity and the oversupply will be around 100 …
Amazon Not Offering Price Refunds on Anything Except TVs
Amazon has quietly ended its price protection policy on all of its products, with the exception of its televisions. This policy change comes at a time when a few startups …
SyndicateRoom Raises $4.5M Series A
SyndicateRoom announced the raising of $4.5 million from a number of angel investors. The round was led by Jonathan Milner, Abcam’s founder. The largest investor for the round was Unicorn …
“There is No Playbook When You’re Inventing,” says Rudy Callegari of Zootly
Moving can be a tough and inconvenient process. Most would want to move their stuff from point A to B with minimal trouble. Fortunately, there is Zootly: an on-demand services …
GMA Puts Final Touches on Digital Box
GMA Network’s preparations for a shift to Digital Terrestrial Television format is already underway. The company is investing between P1 and 1.5 billion in order to deploy the boxes. “We …
Ipilan Nickel to Develop Part of Palawan Exploration Area
Global Ferronickel Holdings, Inc. revealed that its Palawan-based affiliate Ipilan Nickel Corp. received the green light for its feasibility study. They are cleared to begin operations for part of its …
Phoenix Acquires Samsung Supply Deal Extension
Phoenix Semiconductor Philippines Corp. recently revealed that they managed to sign a brand new supply agreement with South Korea’s Samsung Electronics Co., Ltd. The existing contract is extended for another …
SM Prime Board Approves of P60-B Bond Issue
SM Prime Holdings, Inc. plans on raising around P60 billion through a bond issue. They also expect to raise the amount over the next three years or so. The first …
GT Capital Earns P2.95 Billion in the Year’s First Quarter
GT Capital Holdings, Inc. earned a net profit of P2.95 billion in 2016’s first three months. Its earnings across several businesses, including banking, power generation, and automotive, increased greatly. In …
Arizona Governor Protects Airbnb
Arizona’s Republican governor Doug Ducey has signed a bill prohibiting cities and local municipalities from banning short-term rentals such as Airbnb. The signing of the SB 1350 into law is …