China to roll out more measures to attract foreign investors
China is expects to attract more foreign investors in the country as it seeks to roll out more measures to optimise the country’s business climate, among others, according to a…
Amazon to acquire iRobot for about $1.7 billion
Amazon is acquiring global consumer robot company iRobot in an all-cash transaction valued at approximately $1.7 billion dollars, including iRobot’s net debt. Completion of the transaction is subject to customary…
Blinken assures Philippine President Marcos: US committed to Mutual Defense Treaty
United States Secretary of State Antony Blinken assured Philippine President Ferdinand Marcos Jr that the US remains committed to the two countries’ defense pact, which sees the US and the…
Investment Tips: Your Guide on Investment Options and How to Start
Did you know that roughly 58% of the American workforce invests in the stock market? People no longer rely solely on their jobs to make a living or save for…
AnyMind Group raises ¥4 billion in Series D funding to drive next-generation commerce
AnyMind Group, a Singapore-founded, Japan-based end-to-end commerce enablement company, has announced that it has raised ¥4 billion (approximately $29.4 million) in its Series D funding round, with total funding to…
Indonesia’s Pintarnya closes Seed fundraise at $14.3 million
Pintarnya, one-stop digital platform for blue collar workers to find employment opportunities in Indonesia, today announced it has raised $8 million from East Ventures and Vertex Ventures SEA & India…
ADB, UK to develop $134m fund to catalyse green financing in SE Asia
The Asian Development Bank (ADB) and the Government of the United Kingdom (UK) have signed a memorandum of understanding to develop a £107 million (around $134 million) trust fund to…
Nickel Asia subsidiary inks JV with Shell for renewable enery projects
Emerging Power Inc. (EPI), the renewable energy subsidiary of natural resources development company Nickel Asia Corp. (NAC), signed an agreement with Shell Overseas Investments B.V. (Shell) to jointly develop, own,…
Chubb completes acquisition of Cigna’s businesses in Asia Pacific
New York-listed insurer Chubb Limited announced that it has completed its acquisition of the life and non-life insurance companies that house the personal accident, supplemental health and life insurance business…
Globe is largest PH publicly-listed telco, transforms into a digital solutions group
Globe is now the largest telecommunications company in the Philippines in terms of market capitalization. Globe, with trading symbol GLO at the Philippine Stock Exchange, now has a market value…
BSP urges fintechs to seize opportunities presented by rise in e-payments
The Bangko Sentral ng Pilipinas (BSP) urges financial technology firms (fintechs) to seize opportunities presented by the rise in digital transactions and issuance of supportive e-payment policies in developing innovative…
SMPC transmits record high P1.7B royalty payment
Integrated energy company Semirara Mining and Power Corp. (SMPC) has turned over close to P1.7 billion in royalty payment to the Department of Energy for the second quarter, the highest…
DOTr, PPA, CAAP inaugurate the expanded, modernized Siquijor air and sea port facilities
The Department of Transportation, together with the Philippine Ports Authority (PPA) and the Civil Aviation Authority of the Philippines (CAAP), is set to inaugurate the expanded Siquijor port and airport…
Sta Lucia Land’s H1 Profits Up By 90%
Sta Lucia Land Inc.’s (SLI) net income increased by 90% during the 1st half of 2021 at PHP 1.438 billion compared to PHP 757 million for the 1st half of…
Century Pacific’s plant-based alternatives brand, unMEAT, debuts in the UAE
Century Pacific Food, Inc. (PSE:CNPF), one of the Philippines’ leading branded food companies, has kickstarted the global roll out of its new plant-based meat alternatives brand, ‘unMEAT’, landing in the…
Megawide, PHirst Park Homes solidify 7th partnership with 1,079 housing units for Pampanga project
Megawide Construction Corporation (Megawide) signed another contract with PHirst Park Homes for the latter’s Magalang, Pampanga project, following the recently awarded Batulao, Batangas site. The new contract covers the supply…
Alien immigrants with expired ACR I-Cards can still enter PH – BI
The Bureau of Immigration (BI) said foreigners who are holders of immigrant or permanent resident visas but whose alien certificate of registration identity cards (ACR ICard) have expired can still…
Lazada and DTI strengthen partnership, host Online National Food Fair in 8.8 Love Local Sale
Lazada Philippines and the Department of Trade and Industry (DTI) strengthen their partnership to fuel the resilience and growth of micro, small, and medium enterprises (MSMEs) across the regions by…
IPOPHL adopts EU trademark database, ensuring certainty and ease in application
The Intellectual Property Office of the Philippines’ (IPOPHL) online trademark filing tool is now using the European Union’s (EU) harmonized database of goods and services (HDB), currently the largest multilingual…
Philippines will remain responsible player in global arena — President Duterte
President Rodrigo Roa Duterte said the Philippines will remain a responsible member of the international community and will partner with other nations to attain common objectives. In his last State…