ALI Launching New QC Condo Project
Property Giant Ayala Land, Inc. is set to launch a new middle-range project in Quezon City. Avida Land Corp. Manager Caren Rose Rosales stated that P2 billion is being developed …
SMC Global Power Raising P15B via Bonds
The San Miguel Corp. has yet another capital-raising exercise this year to help refinance existing debt. This time around, the sale of peso-denominated bonds by its power generation arm. At …
DoubleDragon Capital Hike Approved by SEC
DoubleDragon Properties managed to secure the green light from the Securities and Exchange Commission for its capital hike. This move paves the way for preferred shares being issued to investors. …
Accel Raised New $500 Million European Fund
Accel recently raised $500 million for Accel London V. The fund is focused on Series A and B investments throughout Israel and Europe. The Ace London IV, a $475 million …
CEO of 7-Eleven quits at 83
The 83-year old CEO of the ever famous chain 7/11 (Seven Eleven) of the retail group Seven & i Holdings Co Ltd, handed in his resignation last week due to …
Alibaba’s Lazada Buy Doesn’t Faze Local Firms
Local e-commerce players remain unfazed by Alibaba Group Holding Ltd.’s acquisition of Lazada Group SA. In fact, they are investing in logistics to ramp up operations, seeing the deal as …
Alson Coal Plant Waiting for Green Light
It was announced on Monday that the Alsons Power Group’s Sarangani Energy Corporation had completed key tests for its first 105 megawatt coal-fired power plant. They are currently awaiting a …
Reddit Unveils New Smartphone App
After a long wait, Reddit finally unveiled its first official app for both the iOS and Android. The company previously made do with Alien Blue, which began as a third-party …
Companies with less than 50 employees can use SHOP
For startups with less than 50 employees on board, SHOP is for you! SHOP or otherwise known as Small Business Health Options Program is a program by the healthcare.gov that …
San Miguel Set to Begin Development of MRT-7
The San Miguel Corp. is set to begin working on big-ticket infrastructure projects this year. One project is the already-delayed expressway project that would connect three terminals of the Ninoy …