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Kickstart Ventures Invests $2m in Internet Firm Transcelestial

Philippine venture capital investor Kickstart Ventures has made a $2-million strategic investment in Transcelestial, a Singapore-headquartered internet connectivity provider. The investment was made through Kickstart's...

SEC Approves DoubleDragon’s P14.7bn REIT Listing

The Securities and Exchange Commission (SEC) has considered favorably the nearly P14.71 billion initial public offering (IPO) of a real estate investment trust (REIT)...

Remittances from Overseas Filipinos Drop 0.3% to $33.2bn in December 2020

Personal remittances from Overseas Filipinos (OFs) dropped slightly by 0.3 per cent year-in-year to $3.205 billion in December 2020 from $3.216 billion in December...

Megawide Secures P26.3bn New Contracts for Suncity’s Westside City Resorts Project

METRO MANILA - Philippine-listed Megawide Construction Corp (Megawide) announced today that it has been awarded multiple contracts worth P26.3 billion by Suntrust Home Developers...

Jollibee To Operate Yoshinoya Stores in the Philippines

Jollibee Foods Corporation announced that it will establish a 50/50 joint venture with Yoshinoya International Philippines to operate and expand the Yoshinoya brand in...

Axelum Resources Debuts on PSE Industrial Sector Index

Axelum Resources Corp has officially made it to the industrial sector index of the Philippine Stock Exchange (PSE), the company announced Monday. Axelum, a fully-integrated...

Jollibee Plans To Open More Than 400 Stores Worldwide After 30% Revenue Decline

Jollibee Foods Corporation has announced plans to open more than 400 stores worldwide following a pandemic-hit 2020 that dragged sales and revenues to decline...

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