Globe Telecoms, Kickstart Ventures join Wattpad’s $51M Funding Round
Globe Telecoms and Kickstart Ventures have participated in Wattpad’s $51-million new funding, joining Tencent Holdings Limited, a leading provider of Internet value added services...
Space Cycle Raises $16M Led by Alibaba Taiwan Entrepreneurs Fund
Space Cycle, the leading premium boutique fitness and active lifestyle brand, announced today that it has closed a RMB100 million ($16 million) Series B...
Philippines Now Reports Banking Statistics to BIS
The Philippines will join an elite group of less than 50 jurisdictions worldwide which report cross-border banking statistics to the Bank for International Settlements...
Philippines: AboitizPower to add some 500 MW of capacity in 2018
AboitizPower is set to add some 500 MW of attributable capacity in 2018, coming from the completion of several hydro and baseload plants in...
China Vanke To Buy CapitaLand’s Stake in 20 Chinese Malls
China Vanke's commercial property unit SCP Group is buying the interests of CapitaLand in 20 retail shopping malls in China for about $1.29 billion.
In...
JustCo Launches JV in Indonesia
INDONESIA - JustCo has launched a joint venture in Indonesia with one of Asia’s largest business players, Gunung Sewu.
This milestone comes barely two months...
FinTech Indonesia Signs Collaboration Agreement with FinTech Australia
The peak financial technology (fintech) industry bodies in Indonesia and Australia have signed a landmark agreement to help drive exchanges of talent and expertise...
Hotel Okura Manila To Open in 2018
Hotel Okura Co., Ltd. announced today that it has entered an agreement with Travellers International Hotel Group Inc. (TIHGI) to manage Hotel Okura Manila,...
GMA Network Posts Solid Revenues in Jan-Sept 2017
Broadcast company GMA Network, Inc. (GMA) recorded recurring revenues of P11.796 billion in the first nine months of 2017, nearly half a billion or...
Mactan Cebu International Airport Rolls Out Oplan Ligtas Biyahe – Undas 2017
MACTAN, Cebu - GMR Megawide Cebu Airport Corporation (GMCAC), the operator of the Mactan-Cebu International Airport (MCIA) aligns with the Mactan Cebu International Airport...
Mapletree JV To Acquire 14 Data Centers in the US
SINGAPORE - Mapletree Investments Pte Ltd (MIPL) and Mapletree Industrial Trust (MIT) announced the formation of a joint venture that will acquire 14 data...
Max’s To Build 7 Sizzlin’ Steak in Dubai
PHILIPPINES - Max's Group (PSE:MAXS), the largest operator in the Philippine casual dining segment, is building seven Sizzlin' Steak outlets in the United Arab...
Philippines: Overseas Remittances Hit USD17.9bn In Jan-July Period
Personal remittances from overseas Filipinos (OFs) amounted to US$2.6 billion in July 2017, posting an 8.7 percent increase year-on-year, data from the Bangko Sentral...
Phoenix Petroleum To Acquire Petronas Philippines
Phoenix Petroleum Philippines, Inc has secured approval from the Philippine Competition Commission (PCC) to acquire the entire equity interest of PDB (Netherlands) B.V. (PDBN)...
Philippine Stock Exchange: Weekly Top Gainers
The Philippine Stock Exchange index (PSEi) ended this week's trading with 0.01 percent gain while All Shares dropped 0.04 percent. Here are this week's...
Power Firm Vivant Eyes US$40 Million Additional Investments
PHILIPPINES - Cebu-based listed energy firm Vivant Corporation is eyeing to invest P2 billion (US$40 million) more for this year and next to further...
Mumbai to Host AIIB Meeting in 2018
The third annual meeting of the China-led Asian Infrastructure Investment Bank (AIIB) in 2018 will be held in Mumbai, India.
This was the decision of...
Village Roadshow Sells 50% Stake in Golden Village Singapore
Australia-listed Village Roadshow Limited (ASX:VRL) has agreed to sell its 50 percent stake in Singapore cinema exhibition business Golden Village to mm2 Asia Ltd...
Cebu Business Month Officially Opens
PHILIPPINES - The Cebu Business Month (CBM) 2017 has officially opened, with Information Technology - Business Process Management (IT-BPM) as one of this year’s major...
China, Hong Kong Credit Ratings Cut
Moody’s Investors Service cut its credit rating on Hong Kong just a few hours after it did the same on China’s.
It cut Hong Kong...
