Tags: Philippines

Alibaba Gets $1 Billion Stake Investment In Lazada

Alibaba is about to acquire Singaporean start-up Lazada for about $1 billion that was established by the German technology Rocket Internet. Existing shareholders including Tesco, AB Kinnevik and Rocket Internet will sell a portion of their shares to Alibaba.


Ubisoft Managing Director Noticed Trust Established by Filipinos in Ubisoft Singapore, Expands Studios to the Philippines

Game developer Ubisoft is expanding its business to the Philippines and will be named Ubisoft Philippines. It will be headquartered in Sta. Rosa, Laguna which is a great geographical site. One reason for the move is the trust established by Filipino employees led by manager Chip Go that was being noticed by Ubisoft Managing Director Oliver de Rotalier.

Key Challenges in Philippine's Trade and Investment Sectors

Nordic Business Council Philippines (NBCP) issued its 2016 annual report on Philippine and challenges in the trade and investment sectors. Meanwhile the Central Bank expected a strong growth in the economy.

Northern Mindanao upbeat on investments in 2016

Northern Mindanao is a region in the Philippines and has five provinces. The Department of Public Works and Highways (DPWH) completed more than 717 infrastructure projects early this year at an investment of PHP 18.7 billion.


Latest News

Vietnam issued second warning for China for landing two airplane on the artificial island in disputed Fiery Cross Reef.
A Philippine judge clarified Saturday that the ruling of his court doesn't stop operations of ride-sharing companies, but only suspend the application of permits by prospective drivers.
Philippine Long Distance Telephone Co. will allocate another record level 43 billion pesos ($915 million) in capital spending this year to defeat domestic competition and prepare for the possible entry of Telstra Corp. to the Philippines.
US President Barack Obama is heading for an Asian trip and is expected to join the APEC Summit in Manila to talk about the Trans-Pacific Partnership. The Asia-Pacific Economic Co-operation (APEC) summit, which will be attended by all Asia-Pacific leaders will be the center of Obama's attention to deliver a speech and convince leaders to sign the agreement.
Bitcoin startup company, Abra, recently announced that it is set to launch in the United States and the Philippines after getting $12 million in Series A Round funding from investors, including the American Express and Ratan Tata, the chairman emeritus of Tata Sons.
Lenovo releases Phab Plus in India and in the Philippines boasting of a 6.7-inch screen running Android 5.0 on a quad-core processor with a Qualcomm Snapdragon chipset.
One of the most successful travel bloggers in the world, Johnny Ward, is hailed from a small town in Northern Ireland called Kilkeel. It is exactly that which inspired him to travel and explore the world.
Google's Android One initiative is now officially on its way to Africa. For those who may not be familiar with Android One, it is an initiative started by the search engine giant, Google, as a way to help bring inexpensive yet still useful smartphones to developing countries, according to Business Insider Australia.
Xshot Deluxe has finally came up with what the selfie fans have been dreaming of. A shutter remote control for the perfect shot!
Sales of Manny Pacquiao boxing gear and effects have soared as much as 10 times ahead of his May 2 megafight with Floyd Mayweather, with Philippine retailers struggling to cope with demand from fans snapping up any paraphernalia they could find.
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