Philippines

7 Singaporean firms seek investment opportunities in the Philippines

Singaporean President Tony Tan Keng Yam said his country is conducting trade missions to its neighboring country, the Philippines, where seven companies are interested in investing in the infrastructure, transport, consumer services, and logistics sectors.

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Billionaire Henry Sy to expand shopping centers in China

Billionaire and shopping mall mogul Henry Sy would expand his foothold in China with new shopping malls in Yangzhou and Changzhou, reported Bloomberg.

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Philippine crowdfunding site Medifund turns non-profit to help medical students finish their studies

Philippines-based crowdfunding site Medifund turned non-profit to help students in developing countries pay for the cost of their schooling and to encourage more women to enter the medical profession.

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Facebook launches Connectivity Lab to bring affordable Internet access to all

After helping 3 million people in the Philippines and Paraguay get access to the Internet, social media giant Facebook launched the Connectivity Lab to build drones and lasers that will help more people get affordable Internet access.

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Concepcion and UTC buy joint stake in Otis Philippines

Makati, Philippines-based cooling solutions provider Concepcion Group is buying a stake in elevator company Otis E&M Co Philippines as a joint venture with Hartford, US-based multinational conglomerate United Technologies Corp (UTC) for an undisclosed amount.

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Singapore's Monozca Foundation to open incubator facility for SMEs in the Philippines

Singaporean organization Monozca Foundation is opening an incubator facility for small and medium enterprises (SMEs) in the Philippines in Filinvest Corporate City, which will be called the Cocoon SME Global Hub.

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Berjaya Philippines to buy half of London's RBW in PHP3.7M cash deal

Makati, Philippines-based holding firm Berjaya Philippines Inc will buy a 50% stake in London, UK-based property firm RBW Holdings Ltd in a cash deal valued at PHP3.7 million.

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Earth Hour joins forces with Singaporean crowdfunding site Crowdonomic for environmental endeavors

Singapore-based non-profit organization Earth Hour joined forces with Singaporean crowdfunding site Crowdonomic to raise funds for tech projects that aim to assist environmental endeavors in Southeast Asia.

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Japanese messaging app Line to launch open sticker marketplace and Skype rival

Japan-based mobile messaging app Line will launch an open sticker marketplace called Line Creators Market in April and will also release a Skype-like service in five countries.

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New social night life app allows Philippine party-goers to join a club list hassle-free

Philippines-based social night life app Guestlist allows party-goers to get included in a club's guest list to lessen the hassle of falling in line or paying for an entrance fee to gain entry.

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Ayala buys out Mitsubishi's stake in Philippine energy firm

Makati, Philippines-based real estate investment firm Ayala Land Inc (ALI) bought out the 40% holding of Tokyo, Japan-based trading giant Mitsubishi Corp in Philippine Integrated Energy Solutions Inc (PhilEnergy) for an undisclosed amount.

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Aboitiz group takes over Marubeni's stake valued $360 million from indistrial park in Philippines

Philippines-based Aboitiz Equity Ventures property unit Aboitiz Land Inc had purchased the remaining 40% of common shares from Maurbeni, Japanese trading firm, worth 360 million from LiMA Land Inc (LLI). LiMA Land is the company that owns and runs the LiMA Technology Center, the filing detailed from Philippine Stock Exchange. .

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Cosco Capital agrees to acquire Philippine-based firm Office Warehouse

Philippine conglomerate Cosco Capital agreed to acquire Quezon City-based office and school supplies seller Office Warehouse Inc for an undisclosed amount as part of its efforts to expand its retail business.

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Philippines' Aboitiz Group completes exit from shipping business

Aboitiz Group, a conglomerate based in the Philippines, has exited completely from the shipping business by selling the interests it held in joint ventures with Norway-based Jebsen Group.

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Thailand's Asiasoft buys out Philippines online publisher IP E-Games' stake in Level-Up

Thailand-based online entertainment firm Asiasoft Corporation Public Company Ltd is buying out the entire 30% stake of Philippine-based online game publisher IP E-Game in Level-Up to gain a 70% controlling stake in the latter.

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