Metro Retail to Expand in Negros Oriental
Metro Retail Stores Group Inc. said it has signed a 25-year lease agreement with the local government of Bais, Negros Oriental for the use of a building which it plans …
Shell to Debut with Record-Breaking IPO
After a long delay in its anticipated public listing, Pilipinas Shell Petroleum Corp. (Shell) is pushing through with its entry in the Phil Stock Exchange with what could probably the …
Huawei Revenues Surge by 40% in First Half
Chinese smartphone giant Huawei said in a report that its revenue went up by 40% in the first half of 2016. Huawei said that it managed to get 245.5 billion …
Cebu Pacific to Implement Fuel Management System for Aircrafts
As part of its plan to reduce fuel costs, low-cost carrier Cebu Pacific has tapped the services of French software solutions provider OpenAirlines to monitor its fuel consumption patterns. Cebu …
MSME Loans Up by 7.6% in 1st Quarter
Bangko Sentral ng Pilipinas (BSP) said that loans extended to microfinance and small medium enterprises (MSMEs) went up by 7.6% compared to the same period last year. The data released …
Verizon to Acquire Yahoo! for $4.8 Billion
Yahoo has finally laid down its arms after a decade of struggle against its ailing business. Reports have surfaced that Verizon Communications will be acquiring Yahoo’s core business in a …
The Best Short-Term Investments You Can Make Are Online
Introduction There are three levels of financial wisdom and you can easily group people into one or more classes based on their attitude to money and finances. The first level …
Jollibee Plans Expansion, Acquisitions in China
Prospects on trade with China among Filipino businessmen remain positive despite the ruling on the South China Sea dispute. Jollibee Food Corp. said that it is planning to add 20 …
Corning Launches Gorilla Glass 5 for Smartphones
Specialist glass maker Corning announced a stronger version of its Gorilla Glass for smartphones. Corning said that the new glass can withstand drops 80% of the time from heights as …
Kickass Torrents Alleged Founder Arrested in Poland
The alleged founder and owner of Kickass Torrents has been successfully apprehended in Poland, says the US Justice Department. Artem Vaulin, 30, is a Ukranian national accused of committing copyright …